Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Litecoin - a lite version of Bitcoin. Launched!
by
btc_artist
on 21/11/2011, 15:40:44 UTC
Though there is one solution I can think of. Which is to require a transaction fee on all coins sent that are not a day old. So if you try to send coins that are not a day old (i.e. don't have 576 confirmations), you need to pay 0.1 ltc fee. What do people think about that?
It's a cat and mouse game.  Would not the spammer just use coins that are two days old in that case?

He would have to wait 2 days to be able to spam again after he exhausted his funds.
We don't know how many coins he has.  He could spam for two days using 5% of his coins, and then start recycling the spammed ones for all we know.

Meh.  Bitcoin has solved the problem with a combination of time and value based fee requirements.  Why reinvent the wheel here?
Litecoin is using the exact same solution as Bitcoin, AFAIK, the only difference being the coin values have been increased to match real-world values.