Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
adamstgBit
on 30/01/2016, 19:41:15 UTC
Spam fills blocks => a "savior" comes along and says the solution is to increase block size to fill blocks with more spam under the pretext of scaling txs => you have both a power grab and more inefficiency to deal with.

is 100x 50cent bets spam?

the idea is to have enough TX on the network so that fee's replace block subsidy.

i say, let the BMO's blockchain app spam away!

If you have ample space (let's say 10mb blocks), why would anyone pay fees to get included? It's not like there's a shortage of space... so the fee would be more like ...a tip at that point.

The only way people would pay fees is if miners started declining free or near-zero-fee txs for processing, (or fees were enforced by the protocol or something). But if that happened, you don't get to spam for near-zero cost or zero cost.

no people have and always will pay the tiny fee.

blocks were never full and everyone paid the fee.

there is a supply / demand  dynamic at play with or without a block limit.  miners gain nothing from including a 0fee TX, it makes there block bigger for no reason, they will do like they do now and make 0fee TX wait at 0conf for a while.