[lwat]

No this is awesome. Only transaction smaller than about half a cent is blocked. There's no good reason to make a transaction that small on the blockchain. Satoshidice sends thousands of transactions of one satoshi each every day and it adds gigabytes of data to to millions of computers worldwide. What a waste of resources.

[srdev]

No its not. When faced with a scalability problem, they decided to ban certain uses rather than fix the root cause. Bitcoin isn't going to be able to grow beyond a niche currency if Satoshi Dice's level of activity causes such large problems.

[lwat]

I don't see any suggestions from your side?

[tocomment]

But true micro payments do need to be a lot smaller than that. It's kind of the idea if every web browser could load a dollar a week into their browser and have it evenly paid to each site they visit.

It doesn't seem like a lot of money but if everyone did it I'm guessing it would probably beat Adsense.

There are hundreds of other applications as well for micropayments.

[lwat]

You can aggregate those and pay them out when they become big enough. Bitcoin stores every transaction on every computer on the Bitcoin network. It's not suited to transactions that small, you're just wasting everyone's resources.

[consz]

>here's no good reason to make a transaction that small on the blockchain.

You don't have the right to say that, it should be my right to decide whether my transaction size is appropriate or not. This sounds like regulation to me.

[maaku]

No we do have the right, as these are our computer resources being wasted. This is not a protocol change of bitcoin - you can still make and include your tiny transactions. You'll just have to mine your own blocks if you want them on the chain. All this change does is give nodes the ability to set thresholds on which transactions are relayed and included on the blocks they mine.

[rubinelli]

When your transaction size affects my bandwidth and my hard disk, it becomes my business. Essentially you are acting like a spammer: wasting a disproportional amount of other people's computational resources for your gain.

[lwat]

That's like saying I have no right to stop email spammers and that they should have the right to decide if their email volume is appropriate or not.

Making sub-cent transactions is a waste of MY resources because every transaction gets duplicated to everyone's copy of the blockchain. That's spam. If we don't stop this then the blockchain will become so unwieldy that it makes Bitcoin all but useless for everyone, and that's not good for anyone.