Bitcoin Mailing List on Nostr: 🔖 Title: tx max fee 🏷️ Categories: bitcoin-dev 👥 Authors: • Andrew Baine ...
🔖 Title: tx max fee
🏷️ Categories: bitcoin-dev
👥 Authors:
• Andrew Baine ( Andrew Baine [ARCHIVE] (npub19f6…6afu) )
• Peter Todd ( Peter Todd [ARCHIVE] (npub1m23…2np2) )
• Kalle Rosenbaum ( Kalle Rosenbaum [ARCHIVE] (npub1uww…5zf7) )
• vjudeu at gazeta.pl ( vjudeu at gazeta.pl [ARCHIVE] (npub1357…ssga) )
• Erik Aronesty ( Erik Aronesty [ARCHIVE] (npub1y22…taj0) )
• Tom Harding ( Tom Harding [ARCHIVE] (npub1mse…mwjy) )
🗒️ Conversation Summary: A proposal to change the transaction "max fee" to output amounts could help prevent spam/DOS attacks, but may negatively impact applications like OpenTimestamps. Another proposal to block transactions with fees higher than the sum of outputs can be bypassed by splitting transactions. Paying high fees in Bitcoin can incentivize honest mining during state-level censorship attacks. Transactions with high fees can be replaced by multiple transactions with lower fees, but they may take longer to be processed.
📅 Messages Date Range: 2023-05-07 to 2023-05-11
✉️ Message Count: 9
📚 Total Characters in Messages: 29979
🏷️ Categories: bitcoin-dev
👥 Authors:
• Andrew Baine ( Andrew Baine [ARCHIVE] (npub19f6…6afu) )
• Peter Todd ( Peter Todd [ARCHIVE] (npub1m23…2np2) )
• Kalle Rosenbaum ( Kalle Rosenbaum [ARCHIVE] (npub1uww…5zf7) )
• vjudeu at gazeta.pl ( vjudeu at gazeta.pl [ARCHIVE] (npub1357…ssga) )
• Erik Aronesty ( Erik Aronesty [ARCHIVE] (npub1y22…taj0) )
• Tom Harding ( Tom Harding [ARCHIVE] (npub1mse…mwjy) )
🗒️ Conversation Summary: A proposal to change the transaction "max fee" to output amounts could help prevent spam/DOS attacks, but may negatively impact applications like OpenTimestamps. Another proposal to block transactions with fees higher than the sum of outputs can be bypassed by splitting transactions. Paying high fees in Bitcoin can incentivize honest mining during state-level censorship attacks. Transactions with high fees can be replaced by multiple transactions with lower fees, but they may take longer to be processed.
📅 Messages Date Range: 2023-05-07 to 2023-05-11
✉️ Message Count: 9
📚 Total Characters in Messages: 29979