Post
Topic
Board Bitcoin Discussion
Re: WARNING! Bitcoin will soon block small transaction outputs
by
justusranvier
on 06/05/2013, 04:57:30 UTC
the default value is not only arbitrary but inappropriate
That's a significant de-escalation at least from the original hysteria at least.

The next stage of enlightenment happens when you read Gavin's posts about how having a default value at all is temporary until the code for automatically calculating one based on a market mechanism between users and miners is ready.