[bitcoin-dev] Fees and the block-finding process

Jim Phillips jim at ergophobia.org
Fri Aug 7 21:30:40 UTC 2015

On Fri, Aug 7, 2015 at 10:16 AM, Pieter Wuille via bitcoin-dev <
bitcoin-dev at lists.linuxfoundation.org> wrote:

> But perhaps there is some "use" for ultra-low-priority unreliable
> transactions (... despite DoS attacks).

I can think of a variety of protocols that broadcast information and don't
really care about whether it gets delivered.. Think of everything that uses
UDP on TCP/IP. The most basic thing I can think of would be low-priority
notifications that are sent to the entire Bitcoin universe, but don't need
to persist. The protocol provides for a signed and thus verified message,
and a method for broadcasting it to every node that might be interested in
seeing it. If it never makes it into a block, so be it. If it does, so be

*James G. Phillips IV*

*"Don't bunt. Aim out of the ball park. Aim for the company of immortals."
-- David Ogilvy*

 *This message was created with 100% recycled electrons. Please think twice
before printing.*
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