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Date: Fri, 15 Jun 2012 14:55:52 -0400
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Subject: Re: [Bitcoin-development] Near-term scalability
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On Fri, Jun 15, 2012 at 2:50 PM, Amir Taaki <zgenjix@yahoo.com> wrote:
> Part of the problem is that Satoshi didn't totally anticipate the growth =
of the network. The block reward (the subsidy) is too high, which is why tr=
ansactions can afford to be so cheap. What would happen if blocks required =
a cumulative fee of XN BTC for N transactions before being accepted?
I would take the last block I solved and use it to write a transaction
to nowhere which which gave all 50 BTC out in fee. This pays for as
many transactions in the block as I like for any value of X you want
to choose.
You should read the bitcointalk forums more often: variants on that
idea are frequently suggested and dismantled. There is a lot of noise
there but also a lot of ideas and knowing what doesn't work is good
too.
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