From: "\ Jorge Timón" <jtimonmv@gmail•com>
To: Gavin Andresen <gavinandresen@gmail•com>
Cc: bitcoin-development@lists•sourceforge.net
Subject: Re: [Bitcoin-development] Blocking uneconomical UTXO creation
Date: Mon, 11 Mar 2013 17:46:38 +0100 [thread overview]
Message-ID: <CABOyFfqh_VixG7SQMaQUkxU40MGY1f9JO3=OqwitHa1YoT4chQ@mail.gmail.com> (raw)
In-Reply-To: <CABOyFfrO9Xpc=Pdh_6AM1yoHRCeuHxzqL02F-ALkimmsGbheiA@mail.gmail.com>
Unless of course everlasting physical "bitcoins" are much more
important than smart property and colored coins...
On 3/11/13, Jorge Timón <jtimonmv@gmail•com> wrote:
> "The Bitcoin network will destroy your coins IF you don't move your coins"
> Is pretty different. By the way, doesn't have to destroy them, can
> just give them to miners.
>
> In any case, what's wrong with my reasoning?
> Smart property/colored coins are not spam transactions because they pay
> fees.
>
> The problem for the network are not transactions that move less coins
> than they pay fees, but old UNSPENT OUTPUTS. So why don't you focus on
> that instead of a formula to check what transactions make "economic
> sense"?
>
> I even prefer the sudden "destruction" (or re-generation by miners) of
> the account after the X period (killerstorm's proposal) instead of
> just rejecting great potential use cases for the chain.
>
> I mean, I still prefer a small fixed demurrage fee after those X
> blocks without moving them, but since this community is demurrage
> allergic and that possibility cannot even be considered (doesn't
> matter what reflects better the costs for miners/the network I guess),
> I'll go with the second best option IMO.
>
> This would be just a fee for a resource that users are enjoying and
> has real costs for the network. Why would constant demurrage fees
> after a free storage period would be perceived so different from
> transaction fees?
>
> I haven't heard anyone complaining about "the bitcoin developers are
> destroying part of YOUR coins every time you move them!!"
>
>
> On 3/11/13, Gavin Andresen <gavinandresen@gmail•com> wrote:
>>> Just activate a non-proportional demurrage
>>
>> demurrage of any kind will never, ever happen, just give up on that idea.
>>
>> The negative publicity of "the bitcoin developers are destroying YOUR
>> coins!" would be devastating.
>>
>> --
>> --
>> Gavin Andresen
>>
>
>
> --
> Jorge Timón
>
> http://freico.in/
> http://archive.ripple-project.org/
>
--
Jorge Timón
http://freico.in/
http://archive.ripple-project.org/
next prev parent reply other threads:[~2013-03-11 16:46 UTC|newest]
Thread overview: 23+ messages / expand[flat|nested] mbox.gz Atom feed top
2013-03-10 4:31 Peter Todd
2013-03-11 11:01 ` Jorge Timón
2013-03-11 15:36 ` Gavin Andresen
2013-03-11 16:45 ` Jorge Timón
2013-03-11 16:46 ` Jorge Timón [this message]
2013-03-11 16:54 ` Mike Hearn
2013-03-11 17:08 ` Jorge Timón
2013-03-11 18:17 ` Benjamin Lindner
2013-03-11 18:59 ` Mark Friedenbach
2013-03-11 18:59 ` Jorge Timón
2013-03-11 19:08 ` Tadas Varanavičius
2013-03-11 22:19 ` Mike Hearn
2013-03-11 22:25 ` Tadas Varanavičius
2013-03-11 22:39 ` Mike Hearn
2013-03-11 23:26 ` Tadas Varanavičius
2013-03-11 17:18 ` Jeff Garzik
2013-03-11 20:08 ` Rune Kjær Svendsen
2013-03-11 20:36 ` Michael Gronager
2013-03-11 21:01 ` Gregory Maxwell
2013-03-11 21:15 ` Michael Gronager
2013-03-12 7:49 ` Peter Todd
2013-03-13 5:31 ` Stephen Pair
2013-03-13 9:20 ` Jorge Timón
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