Post
Topic
Board Bitcoin Discussion
Re: Aug 1 summary
by
anonjdoe
on 03/08/2017, 23:20:18 UTC
Be happy to see some reasons.

the fact that they are spamming the BTC mempool is scammy enough for me

https://ip.bitcointalk.org/?u=http%3A%2F%2Fi.imgur.com%2Fui2fqgT.png&t=579&c=EeJIFO6cDRs8Eg

Sounds like a conspiracy theory unless you can prove any of the transactions did not have a legitimate purpose (or completely lacked miners' fees). It makes far more sense to me to align incentives in the system such that so-called "spam attacks" are costly and ineffective, and thus irrelevant. Simply examine graphs of Bitcoin's transaction growth over it's ~8 year history. It was always bound to run into the 1 MB limit eventually, whether such "spam attacks" actually exist or not.