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From: Mike Hearn <mike@plan99•net>
To: Jeff Garzik <jgarzik@bitpay•com>
Cc: Bitcoin Dev <bitcoin-development@lists•sourceforge.net>
Subject: Re: [Bitcoin-development] Floating fees and SPV clients
Date: Mon, 2 Dec 2013 15:44:50 +0100	[thread overview]
Message-ID: <CANEZrP2hf2853w9f4__Ji9v3eRRU0u6pEzPxAmFN+iH067gtnA@mail.gmail.com> (raw)
In-Reply-To: <CAJHLa0P_uzEQ2OG2FTXyD2Zw4RzujNBxKbKD04CSS1sLNpLUUQ@mail.gmail.com>

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PPv1 doesn't have any notion of fee unfortunately. I suppose it could be
added easily, but we also need to launch the existing feature set.

There's code pending review to implement PPv1 in bitcoinj, unfortunately
it's currently not passing unit tests and the author can't figure out why.
I didn't have time to debug it yet myself. I'm hopeful we can get it
working and merged by EOY.

It may be time to start talking about timelines for 0.9. I am wondering if
floating fees should be broken out of the 0.9 release and launched in a
quick 0.10 followup - if that were to be done then I think 0.9 could go to
beta relatively soon, like early next year. There have been a lot of
improvements already and it'd be a shame to block them all further.



On Mon, Dec 2, 2013 at 3:37 PM, Jeff Garzik <jgarzik@bitpay•com> wrote:

> On Mon, Dec 2, 2013 at 9:33 AM, Mike Hearn <mike@plan99•net> wrote:
> > "The payment protocol at least would need some notion of fee, or possibly
> > (better?) the ability for a recipient to specify some inputs as well as
> some
> > outputs."
>
> <vendor hat: on>
>
> BitPay noticed this detail last week.  We were noticing that some
> transactions were not even reaching our bitcoind border routers (edge
> nodes), due to low/no fees.  That led to a long discussion of all
> things fee-related.  SPV fees are a big issue.  Getting
> child-pays-for-parent in some form out to miners is another.  Getting
> a smart, dynamic fee market Gavin mentions is a big need.
>
> --
> Jeff Garzik
> Bitcoin core developer and open source evangelist
> BitPay, Inc.      https://bitpay.com/
>

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  reply	other threads:[~2013-12-02 14:44 UTC|newest]

Thread overview: 46+ messages / expand[flat|nested]  mbox.gz  Atom feed  top
2013-12-01 11:51 Mike Hearn
2013-12-01 12:15 ` Andreas Schildbach
2013-12-01 13:41   ` Mike Hearn
2013-12-01 16:50     ` Andreas Schildbach
2013-12-01 17:19       ` Mike Hearn
2013-12-01 17:40         ` Andreas Schildbach
2013-12-01 17:52           ` Mike Hearn
2013-12-01 18:12         ` Peter Todd
2013-12-01 18:18           ` Mike Hearn
2013-12-01 18:37             ` Peter Todd
2013-12-02 13:54         ` Patrick Mead
2013-12-02 14:33           ` Mike Hearn
2013-12-02 14:37             ` Jeff Garzik
2013-12-02 14:44               ` Mike Hearn [this message]
2013-12-02 14:47                 ` Jeff Garzik
2013-12-03  1:40                 ` Gavin Andresen
2013-12-03 10:06                   ` Mike Hearn
2013-12-03 10:36                     ` Drak
2013-12-03 10:45                       ` Mike Hearn
2013-12-03 11:04                         ` Drak
2013-12-03 11:07                     ` Gavin Andresen
2013-12-03 11:29                       ` Mike Hearn
2013-12-03 11:37                         ` Peter Todd
2013-12-03 11:41                         ` Gavin Andresen
2013-12-03 11:46                           ` Mike Hearn
2013-12-03 11:54                             ` Gavin Andresen
2013-12-03 12:05                             ` Drak
2013-12-03 11:57                         ` Taylor Gerring
2013-12-03 12:07                           ` Peter Todd
2013-12-03 13:20                             ` Jamie McNaught
2013-12-03 13:20                           ` Mike Hearn
2013-12-03 13:48                             ` Taylor Gerring
2013-12-03 13:54                               ` Mike Hearn
2013-12-03 14:42                             ` Quinn Harris
2013-12-04  1:45                       ` Jeremy Spilman
2013-12-04 10:40                         ` Mike Hearn
2013-12-04 10:57                           ` Peter Todd
2013-12-04 11:09                             ` Mike Hearn
2013-12-04 13:06                               ` Peter Todd
2013-12-04 13:48                                 ` Mike Hearn
2013-12-04 21:51                                   ` Peter Todd
2013-12-03 11:03                   ` Peter Todd
2013-12-03 11:09                     ` Drak
2013-12-03 11:33                       ` Peter Todd
2013-12-04  5:50                   ` kjj
2013-12-03 11:31 ` Peter Todd

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