Luke Dashjr [ARCHIVE] on Nostr: 📅 Original date posted:2016-01-26 📝 Original message:On Tuesday, January 26, ...
📅 Original date posted:2016-01-26
📝 Original message:On Tuesday, January 26, 2016 3:07:40 AM Toby Padilla wrote:
> > I don't see any benefit to changing that. It is better that coins are
> > burned.
>
> I think this is our fundamental disagreement. People will burn coins to
> encode data, why allow this when there's a better alternative?
My point is that there isn't a better alternative. The coins being burned, is
strictly better than it being gratis.
> > You *always* need a key, to redeem inputs... regardless of values.
>
> Correct, but with BIP70 that key is in the user's wallet and you can
> construct transactions on another machine (thus not needing a key during
> construction). Right now there's no way to do the transaction construction
> on another machine with zero value OP_RETURNs.
This is also a good thing. Spam should not be made easier or cheaper.
Luke
Published at
2023-06-07 17:48:09Event JSON
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"content": "📅 Original date posted:2016-01-26\n📝 Original message:On Tuesday, January 26, 2016 3:07:40 AM Toby Padilla wrote:\n\u003e \u003e I don't see any benefit to changing that. It is better that coins are\n\u003e \u003e burned.\n\u003e \n\u003e I think this is our fundamental disagreement. People will burn coins to\n\u003e encode data, why allow this when there's a better alternative?\n\nMy point is that there isn't a better alternative. The coins being burned, is \nstrictly better than it being gratis.\n\n\u003e \u003e You *always* need a key, to redeem inputs... regardless of values.\n\u003e \n\u003e Correct, but with BIP70 that key is in the user's wallet and you can\n\u003e construct transactions on another machine (thus not needing a key during\n\u003e construction). Right now there's no way to do the transaction construction\n\u003e on another machine with zero value OP_RETURNs.\n\nThis is also a good thing. Spam should not be made easier or cheaper.\n\nLuke",
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