📅 Original date posted:2021-10-07
📝 Original message:Good Afternoon,
Returning to this subject, there should be no restriction to the value of utxo's that keep in one's own wallet as change can be created in any value. With obvious intent, the wallet should avoid creating utxo's below the current dust limit at the time the transaction is created but it cannot guarantee it.
The wallet should avoid including utxo's that by weight sat/KB are more expensive to include that their value at the time a transaction is created, ie. do not include utxo's in a transaction that lower the input value after fees for automatic utxo selection, however, perhaps consider this is valid for manual utxo selection since it is in every example 'my money' and I can spend some of it if I decide.
There is no discipline in complaining that the dust set of utxo's slows down the process of block validation during mining. Every conceivable computerised business bears the expense of the cost of a database transaction. The actual answer to this genuine business concern of database speed is to build a faster database.
It is correct knowledge to know that the Bitcoin protocol cannot speculate as to the future but we can. The case exists where it is conceivable for example, that the transaction fee is paid only for the first utxo inclusion in a transaction due to changes to the calculation of block-size. There are other easily plausible examples where the inclusion of what is today considered dust may not be ill-considered.
KING JAMES HRMH
Great British Empire
Regards,
The Australian
LORD HIS EXCELLENCY JAMES HRMH (& HMRH)
of Hougun Manor & Glencoe & British Empire
MR. Damian A. James Williamson
Wills
et al.
Willtech
www.willtech.com.au
www.go-overt.com
duigco.org DUIGCO API
and other projects
m. 0487135719
f. +61261470192
This email does not constitute a general advice. Please disregard this email if misdelivered.
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LORD HIS EXCELLENCY JAMES HRMH [ARCHIVE] /
npub1ej…ehx2v
2023-06-07 22:59:50
in reply to nevent1q…v9z7
Author Public Key
npub1ejcm88lhnqwsejncwqxg7nrqgd0r0z29006xd52wvuf9u44xchmqkehx2vPublished at
2023-06-07 22:59:50Event JSON
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"content": "📅 Original date posted:2021-10-07\n📝 Original message:Good Afternoon,\n\nReturning to this subject, there should be no restriction to the value of utxo's that keep in one's own wallet as change can be created in any value. With obvious intent, the wallet should avoid creating utxo's below the current dust limit at the time the transaction is created but it cannot guarantee it.\n\nThe wallet should avoid including utxo's that by weight sat/KB are more expensive to include that their value at the time a transaction is created, ie. do not include utxo's in a transaction that lower the input value after fees for automatic utxo selection, however, perhaps consider this is valid for manual utxo selection since it is in every example 'my money' and I can spend some of it if I decide.\n\nThere is no discipline in complaining that the dust set of utxo's slows down the process of block validation during mining. Every conceivable computerised business bears the expense of the cost of a database transaction. The actual answer to this genuine business concern of database speed is to build a faster database.\n\nIt is correct knowledge to know that the Bitcoin protocol cannot speculate as to the future but we can. The case exists where it is conceivable for example, that the transaction fee is paid only for the first utxo inclusion in a transaction due to changes to the calculation of block-size. There are other easily plausible examples where the inclusion of what is today considered dust may not be ill-considered.\n\nKING JAMES HRMH\nGreat British Empire\n\nRegards,\nThe Australian\nLORD HIS EXCELLENCY JAMES HRMH (\u0026 HMRH)\nof Hougun Manor \u0026 Glencoe \u0026 British Empire\nMR. Damian A. James Williamson\nWills\n\net al.\n\n\nWilltech\nwww.willtech.com.au\nwww.go-overt.com\nduigco.org DUIGCO API\nand other projects\n\n\nm. 0487135719\nf. +61261470192\n\n\nThis email does not constitute a general advice. Please disregard this email if misdelivered.\n\n\n-------------- next part --------------\nAn HTML attachment was scrubbed...\nURL: \u003chttp://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20211007/c2aee87a/attachment-0001.html\u003e",
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