Drak [ARCHIVE] on Nostr: 📅 Original date posted:2013-12-03 📝 Original message:On 3 December 2013 11:03, ...
📅 Original date posted:2013-12-03
📝 Original message:On 3 December 2013 11:03, Peter Todd <pete at petertodd.org> wrote:
> UI once both are implemented is to not show anything in the default
> case, and explain to the user why they have to pay extra in the unusual
> case where they are spending a whole bunch of dust.
Yes, that's the other problem with a merchant setting a fee - they have no
idea how large the transaction might be. If you spend a bunch of dust the
fee could be 2 or 3x the expected fee. Then you might get merchants
including higher fees by default to account for this. That means we end up
paying more per kb over time.
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20131203/199e85e4/attachment.html>;
📝 Original message:On 3 December 2013 11:03, Peter Todd <pete at petertodd.org> wrote:
> UI once both are implemented is to not show anything in the default
> case, and explain to the user why they have to pay extra in the unusual
> case where they are spending a whole bunch of dust.
Yes, that's the other problem with a merchant setting a fee - they have no
idea how large the transaction might be. If you spend a bunch of dust the
fee could be 2 or 3x the expected fee. Then you might get merchants
including higher fees by default to account for this. That means we end up
paying more per kb over time.
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20131203/199e85e4/attachment.html>;