5. scaling onchain is not just about raising the blocksize. its about making it more expensive for users who transact more often than those who transact less frequently.
EG imagine a person spend funds to himself every block. and was doing it via 2000 separate transactions a block (spam attack)
he is punishing EVERYONE else. as others that only spends once a month are finding that the fee is higher, even though they have not done nothing wrong.
the blocks are still only collating the same 2000tx average. so from a technical prospective are not causing any more 'processing cost' to mining pool nodes tx's into block collation mechanism. (they still only collate ~2000tx so no cost difference)
so why is the whole network being punished. due to one persons spam.
the person spending every block should pay more for spending funds that have less confirms than others. in short the more confirms your UTXO has the cheaper the transactions get. that way spammers are punished more.
this can go a stage further that the child fee also increases not just on how young the parent is but also the grandparent
in short bring back a fee priority mechanism. but one that concentrates on age of utxo rather than value of utxo(which old one was)
EG imagine a person spend funds to himself every block. and was doing it via 2000 separate transactions a block (spam attack)
he is punishing EVERYONE else. as others that only spends once a month are finding that the fee is higher, even though they have not done nothing wrong.
the blocks are still only collating the same 2000tx average. so from a technical prospective are not causing any more 'processing cost' to mining pool nodes tx's into block collation mechanism. (they still only collate ~2000tx so no cost difference)
so why is the whole network being punished. due to one persons spam.
the person spending every block should pay more for spending funds that have less confirms than others. in short the more confirms your UTXO has the cheaper the transactions get. that way spammers are punished more.
this can go a stage further that the child fee also increases not just on how young the parent is but also the grandparent
in short bring back a fee priority mechanism. but one that concentrates on age of utxo rather than value of utxo(which old one was)
If you just stuck to raising points like this, rather than simply attacking everything that others are trying to build, I wouldn't have to spend so much time arguing with you. This is one of those rare cases where we actually agree on something. My only minor critique with this post is that you did a much better job of explaining this concept here:
imagine that we decided its acceptable that people should have a way to get priority if they have a lean tx and signal that they only want to spend funds once a day. where if they want to spend more often costs rise, if they want bloated tx, costs rise.. which then allows those that just pay their rent once a month or buys groceries every couple days to be ok using onchain bitcoin.. and where the costs of trying to spam the network (every block) becomes expensive where by they would be better off using LN. (for things like faucet raiding every 5-10 minutes)
so lets think about a priority fee thats not about rich vs poor but about respend spam and bloat.
lets imagine we actually use the tx age combined with CLTV to signal the network that a user is willing to add some maturity time if their tx age is under a day, to signal they want it confirmed but allowing themselves to be locked out of spending for an average of 24 hours.
and where the bloat of the tx vs the blocksize has some impact too... rather than the old formulae with was more about the value of the tx
as you can see its not about tx value. its about bloat and age.
this way
those not wanting to spend more than once a day and dont bloat the blocks get preferential treatment onchain.
if you are willing to wait a day but your taking up 1% of the blockspace. you pay more
if you want to be a spammer spending every block. you pay the price
and if you want to be a total ass-hat and be both bloated and respending often you pay the ultimate price
so lets think about a priority fee thats not about rich vs poor but about respend spam and bloat.
lets imagine we actually use the tx age combined with CLTV to signal the network that a user is willing to add some maturity time if their tx age is under a day, to signal they want it confirmed but allowing themselves to be locked out of spending for an average of 24 hours.
and where the bloat of the tx vs the blocksize has some impact too... rather than the old formulae with was more about the value of the tx
as you can see its not about tx value. its about bloat and age.
this way
those not wanting to spend more than once a day and dont bloat the blocks get preferential treatment onchain.
if you are willing to wait a day but your taking up 1% of the blockspace. you pay more
if you want to be a spammer spending every block. you pay the price
and if you want to be a total ass-hat and be both bloated and respending often you pay the ultimate price
I've yet to hear any technical arguments from anyone as to why this isn't a good idea and something we should be seriously looking at. In fact, I'd even suggest you start a new topic in Development & Technical Discussion just for this point alone.