Post
Topic
Board Bitcoin Discussion
Re: Satoshi Nakamoto: "Bitcoin can scale larger than the Visa Network"
by
adamstgBit
on 09/03/2016, 21:01:11 UTC
Imagine this; you agree to sell something to someone and they will pay you in Bitcoins.  It turns out they have an address with a zillion little outputs in it.  So, they go to launch a send to you and find the fee is going to be huge (to cover the cost of all those inputs in a timely fashion).  The deal falls through; Bitcoin loses.

Now we can wonder how their address ended up so fragmented but what does it matter?  Maybe they were collecting a zillion little drips from faucets.  Whatever; they can't spent it like a large output.
the needs the of the many outweigh the needs of the few, or the spammer.
the TX inquestion comes from a "stress test", someone wanted to see how much SPAM bitcoin could swallow at once.
if the TX size was made to be >1MB what would've happened then?
finding a good limit shouldn't be very hard.


Set an arbitrary limit which is way above what we need right now, but closes the attack vector.
agreed.