I just want to add an alarming info to this thread...

There are at least 5.7m UTXOs≤1000 Sat (~7%), 
8.04 m ≤1$ (10%), 
13.5m ≤ 0.0001BTC (17%)

It seems that bitInfoCharts took my enquiry seriously and added a main link for dust analysis:
https://bitinfocharts.com/top-100-dustiest-bitcoin-addresses.html
Here, you can see just the first address contains more than 1.7m dust UTXOs
(ins-outs =1,712,706 with a few real UTXOs holding the bulk of 415 BTC) 
https://bitinfocharts.com/bitcoin/address/1HckjUpRGcrrRAtFaaCAUaGjsPx9oYmLaZ

»»»»»
 That's alarming isn't it?, is it due to the lightning networks protocol or could be some other weird activity going on?
.
The following address are similar but less severe
~394k UTXOs, 170k, 92k, 10*20k, 4or5 *14k,...etc
add at least 2.7m UTXOs coming from addresses with a higher balance to the interval numbers here (calculated & mentioned in my previous email)
https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html


I think it seems bitInfoCharts will probably make their own report about it soon

Regards
Shymaa M. Arafat

On Wed, Feb 9, 2022, 07:19 shymaa arafat <shymaa.arafat@gmail.com> wrote:
If 1 Sat reached 100$, you may adjust the delete( or call it omitting or trimming) threshold, since you will need to acquire decimal places inside the Sat variable too ( people may have TXs less than 100$)

-Talking with today's numbers, 
https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html

it is hard to imagine that someone's all holdings in Bitcoin is just ≤1000 Sat (3.15 m address) or even ≤10,000 Sat (4.1$, with currently 7.6m addresses in addition to the 3.15m)
So we'll just incentivise those people to find a low fee time in say a 6 month interval and collect those UTXOs into one of at least 5$ (10.86m≤4.1$) or 1$ (5.248m≤1$) your decision.

-During 4 days after showing the smaller intervals, those ≤1000Sat increase by ~2K everyday with total holding increased by 0.01BTC. Addresses in millions:
3.148, 3.1509, 3.152895, 3.154398
Total BTC: 
14.91,14.92,14.93,14.94

-The number of ≤10,000 Sat increases by 4-8 k per day.
Addresses in millions:
7.627477, 7.631436, 7.639287, 7.644925
Total BTC
333.5, 333.63, 333.89, 334.1

-remember that no. of addresses is a lowerbound on no. of UTXOs; ie., the real numbers could be even more.
.
+ There's also non-standard & burned , yes they're about 0.6m UTXOs, but they're misleading on the status of the value they hold.
.
At the end, I'm just suggesting...
.
Regards,
Shymaa

On Wed, Feb 9, 2022, 00:16 <damian@willtech.com.au> wrote:
Good Morning,

I wish to point out that because fees are variable there is no reason
fees could not be less than 1 sat in future if fees climb. You may
consider this optimistic but I recall in the first days of Bitcoin when
fees were voluntary. It is not unreasonable provided the fungibility
(money-like-quality) of Bitcoin is maintained for 1 sat to be worth over
$100.00 in the future.

KING JAMES HRMH
Great British Empire

Regards,
The Australian
LORD HIS EXCELLENCY JAMES HRMH (& HMRH)
of Hougun Manor & Glencoe & British Empire
MR. Damian A. James Williamson
Wills

et al.


Willtech
www.willtech.com.au
www.go-overt.com
duigco.org DUIGCO API
and other projects


m. 0487135719
f. +61261470192


This email does not constitute a general advice. Please disregard this
email if misdelivered.
--------------
On 2022-02-06 09:39, Pieter Wuille via bitcoin-dev wrote:
>> Dear Bitcoin Developers,
>
>> -When I contacted bitInfoCharts to divide the first interval of
>> addresses, they kindly did divided to 3 intervals. From here:
>> https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html
>> -You can see that there are more than 3.1m addresses holding ≤
>> 0.000001 BTC (1000 Sat) with total value of 14.9BTC; an average of 473
>> Sat per address.
>
>> -Therefore, a simple solution would be to follow the difficulty
>> adjustment idea and just delete all those
>
> That would be a soft-fork, and arguably could be considered theft.
> While commonly (but non universally) implemented standardness rules
> may prevent spending them currently, there is no requirement that such
> a rule remain in place. Depending on how feerate economics work out in
> the future, such outputs may not even remain uneconomical to spend.
> Therefore, dropping them entirely from the UTXO set is potentially
> destroying potentially useful funds people own.
>
>> or at least remove them to secondary storage
>
> Commonly adopted Bitcoin full nodes already have two levels of storage
> effectively (disk and in-RAM cache). It may be useful to investigate
> using amount as a heuristic about what to keep and how long. IIRC, not
> even every full node implementation even uses a UTXO model.
>
>> for Archiving with extra cost to get them back, along with
>> non-standard UTXOs and Burned ones (at least for publicly known,
>> published, burn addresses).
>
> Do you mean this as a standardness rule, or a consensus rule?
>
> * As a standardness rule it's feasible, but it makes policy (further)
> deviate from economically rational behavior. There is no reason for
> miners to require a higher price for spending such outputs.
> * As a consensus rule, I expect something like this to be very
> controversial. There are currently no rules that demand any minimal
> fee for anything, and given uncertainly over how fee levels could
> evolve in the future, it's unclear what those rules, if any, should
> be.
>
> Cheers,
>
> --
> Pieter
>
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