Re: CreateTransaction: suggest/enforce fee for big low-priority transactions
I can see a possible use case for a "mass pay" feature, but that does not really solve the problem here, where slush is generating a bunch of free transactions.
This is not about pool itself; pool is just one of the first case for large amount of tiny transactions. In my specific case, I can (in the future) include my own transactions into the next mined block for free (or with fees paid to myself
.Quote
You wind up with the same end result: stalled transactions. The root cause of the problem is that the pool is generating a lot of work for the network, without paying for it. This is called Tragedy Of The Commons, or less graciously, free-loading.
I'll be happy with not spamming the network, but this is not the real problem; I solve my case somehow (rising sending threshold, including txes into my own block). But other people will hit the same problem later and maybe some of them won't be so kind to save Bitcoin network resources - so we're talking generally about general scalability of Bitcoin transactions and about the painless way how to avoid this. I think we all agree that current infrastructure for fee negotiation is not powerfull enough at this time.
Quote
So, I would support the following tweaks,
- Convert 27k free-TX area to purely score-based, eliminating 4000-byte limit
- Make -limitfreerelay the default
- Add a mass-pay JSON-RPC method, provided that the user interface requires a TX fee parameter (NOTE: zero is a valid TX fee)
- Reduce dust-spam/fee triggers from 0.01 to 0.001
I'm perfectly fine with that.
It would be also nice to allow specific fee for every single transaction using JSON RPC. Then I can quickly introduce new settings for pool users - they will be able to choose if they want to pay fees for their withdrawals or not. It effectively move the decision about spamming of bitcoin network from me to them. (I'm pretty sure that those people withdrawing every 0.1 won't select fees, but they can spam network from their clients with zero-fee transactions as well).