Post
Topic
Board Securities
Re: S.DICE - SatoshiDICE 100% Dividend-Paying Asset on MPEx
by
misterbigg
on 08/03/2013, 04:15:31 UTC
Quote from: MPOE-PR
...

Despite our forum clashes, I humbly and with goodwill ask:

Would you mind de-listing S.DICE temporarily to encourage shareholders to put pressure on the site operators to stop taking advantage of the block chain during this critical stage of Bitcoin growth? I know this might go against your short term financial interests but really if you stop to think about it, the "startup capital" of the Bitcoin network (gmaxwell's terminology for the currently unused space in each block) is going to unproductive activity which does not grow the Bitcoin economy.

If nothing is done about SD transaction spam (economically unspendable outputs which can't be pruned), transaction fees will be driven higher and every miner will bear the cost of forever storing these unprunable tx in their copies of the blockchain. In the long run, increased fees are not a problem but at the early stage we are in, it could dampen Bitcoin adoption or possibly kill it.