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In-Reply-To: <52A139F0.2080401@petersson.at>
References: <52A139F0.2080401@petersson.at>
Date: Fri, 6 Dec 2013 09:37:55 +0100
Message-ID: <CA+s+GJAUDE_rqrj2tHK75j58mCvwnD5oTnCTYFRovzxfSxoQiQ@mail.gmail.com>
From: Wladimir <laanwj@gmail.com>
To: Andreas Petersson <andreas@petersson.at>
Content-Type: multipart/alternative; boundary=f46d041fa2a911ed6104ecd990f0
Cc: Bitcoin Dev <bitcoin-development@lists.sourceforge.net>
Subject: Re: [Bitcoin-development] Temporary fee fix
Precedence: list

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On Fri, Dec 6, 2013 at 3:44 AM, Andreas Petersson <andreas@petersson.at>wrote:

> I know we should all be brainstorming and working on a new fee market.
> But fact is, it will still take some time and in the meantime users will
> continue to shout insults at us for the high "fixed" fee of 0,1 mBtc.
> Even banks sometimes have less fees. (1 of 5 Play Store reviews of
> Mycelium seem to mention high fees recently)
>
> My suggestion: until the market is established let's lower the minimum
> relay fee per kb to something less. 0,01 mBtc comes to mind. (of course
> pulling this number out of thin air)
>

This was considered (see https://github.com/bitcoin/bitcoin/pull/3305) but
deemed to risky for 0.8.6 at the last moment, see the linked pull request
for details.

It will go into 0.9, at least if the full floating fee implementation isn't
yet ready and deemed safe by then.

Wladimir

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<div dir=3D"ltr"><div class=3D"gmail_extra"><br><br><div class=3D"gmail_quo=
te">On Fri, Dec 6, 2013 at 3:44 AM, Andreas Petersson <span dir=3D"ltr">&lt=
;<a href=3D"mailto:andreas@petersson.at" target=3D"_blank">andreas@petersso=
n.at</a>&gt;</span> wrote:<br>
<blockquote class=3D"gmail_quote" style=3D"margin:0px 0px 0px 0.8ex;border-=
left-width:1px;border-left-color:rgb(204,204,204);border-left-style:solid;p=
adding-left:1ex">I know we should all be brainstorming and working on a new=
 fee market.<br>

But fact is, it will still take some time and in the meantime users will<br=
>
continue to shout insults at us for the high &quot;fixed&quot; fee of 0,1 m=
Btc.<br>
Even banks sometimes have less fees. (1 of 5 Play Store reviews of<br>
Mycelium seem to mention high fees recently)<br>
<br>
My suggestion: until the market is established let&#39;s lower the minimum<=
br>
relay fee per kb to something less. 0,01 mBtc comes to mind. (of course<br>
pulling this number out of thin air)<br></blockquote><div><br></div><div>Th=
is was considered (see=C2=A0<a href=3D"https://github.com/bitcoin/bitcoin/p=
ull/3305">https://github.com/bitcoin/bitcoin/pull/3305</a>) but deemed to r=
isky for 0.8.6 at the last moment, see the linked pull request for details.=
<br>
</div><div><br></div><div>It will go into 0.9, at least if the full floatin=
g fee implementation isn&#39;t yet ready and deemed safe by then.</div><div=
><br></div><div>Wladimir</div><div><br></div></div></div></div>

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