Re: [bitcoin-dev] Removing the Dust Limit

2022-03-12 Thread vjudeu via bitcoin-dev
> We should remove the dust limit from Bitcoin. Any node operator can do that. Just put "dustrelayfee=0." in your bitcoin.conf. And there is more: you can also conditionally allow free transactions: mintxfee=0.0001 minrelaytxfee=0. blockmintxfee=0. Then, when using

Re: [bitcoin-dev] Removing the Dust Limit

2021-08-09 Thread Karl via bitcoin-dev
Why would removing the dust limit impact decentralisation of mining if miners can reconfigure the dust limit for their mined blocks? ___ bitcoin-dev mailing list bitcoin-dev@lists.linuxfoundation.org https://lists.linuxfoundation.org/mailman/listinfo/bitc

Re: [bitcoin-dev] Removing the Dust Limit

2021-08-09 Thread Prayank via bitcoin-dev
> As feerates have gone up over time, and as we expect them to go up further, >we should be considering drastically increasing the 3 sat/vByte basis to >something more like 20 sat/vB. I have no opinion on changing or removing dust limit. However, fee rates are not going up. Yes, we expect them

Re: [bitcoin-dev] Removing the Dust Limit

2021-08-08 Thread Oleg Andreev via bitcoin-dev
I agree with Jeremy. Dust limit works due to design accident: that outputs are not encrypted. But outputs are private business and the real issue is only the cost of utxo set storage born by every user. There are two ways to address this: 1) either make ppl pay for renting that storage (which cr

Re: [bitcoin-dev] Removing the Dust Limit

2021-08-08 Thread Matt Corallo via bitcoin-dev
If it weren't for the implications in changing standardness here, I think we should consider increasing the dust limit instead. The size of the UTXO set is a fundamental scalability constraint of the system. In fact, with proposals like assume-utxo/background history sync it is arguably *the* f