Quote from: lophie on May 05, 2013, 10:55:28 PM

Quote from: SgtSpike on May 05, 2013, 10:51:16 PM

Now, we will be regulated to only sending transactions of a certain size. No free market choice here...

Shame of them limiting the amount to one satoshi! it should be 1/100000 of a satoshi.....

What kind of argument is that? Roll Eyes

You have a point, but Bitcoin started with an understanding that 1 satoshi was the minimum. Now, we're being told that the limit is 5340 satoshis, with no free-market input on the matter. It's rather disappointing. Individuals should be able to decide what size of transaction is too small - we shouldn't all be forced to suddenly abide by the same arbitrary rule.

Quote from: gmaxwell on May 05, 2013, 10:57:52 PM

Quote from: SgtSpike on May 05, 2013, 10:51:16 PM

This is a terrible idea, IMO. Miners and full nodes should be able to decide which transactions to relay and include in blocks, and which transactions to not. An option to set a minimum amount per output or transaction should be built in to the client. So miners, if they believe transactions below a certain size to be dust, should set the option to not propagate transactions below that certain size.

Uh. You realize your "should" are describing the change here, right?

Yes, but there is no choice in the matter (as far as I am aware). Will there be an option where I can set what transaction amounts I wish to propogate and what transaction amounts I wish to block?

Quote from: muyuu on May 05, 2013, 11:10:40 PM

Quote from: SgtSpike on May 05, 2013, 10:51:16 PM

This is a terrible idea, IMO. Miners and full nodes should be able to decide which transactions to relay and include in blocks, and which transactions to not. An option to set a minimum amount per output or transaction should be built in to the client. So miners, if they believe transactions below a certain size to be dust, should set the option to not propagate transactions below that certain size. In this way, the free market would choose an appropriate minimum transaction size, as people could be waiting for days or weeks for their transactions to propagate the network and/or be included in a block if they are too small.

I can see all sorts of unintended consequences coming out of this. This is a fundamental change of Bitcoin, and really seems to go against the idea of freedom of financial transactions. Now, we will be regulated to only sending transactions of a certain size. No free market choice here...

Bleh.

Miners decide whether they include this patch or not. Same as in all Bitcoin forks.

Including transactions is voluntary in all forks that I know of.

True, but then those miners will receive no future updates. If 0.8.2 and onward include this patch, then those who disagree with the patch will be forever left on 0.8.1.