Transaction

j"1LAnZuoQdcKCkpDBKQMCgziGMoPC4VQUckMU<div class="post"><div class="quoteheader"><a href="https://bitcointalk.org/index.php?topic=2162.msg28375#msg28375">Quote from: jgarzik on December 09, 2010, 02:57:41 AM</a></div><div class="quote">Rather, it will increase everybody's fees, and incentivize creation of a currency-only chain without all the data spam.<br/></div><br/>No, as no generators will want to block fee paying (profitable) transactions.<br/><br/>When adding non-currency data into the block chain becomes common, then the there will become a strong economic incentive to increase the block size as necessary. Thus keeping the transaction cost down.<br/><br/>In the long run, extra data in the chain will _reduce_ the relative cost of a currency-only transaction, because the currency-only transaction uses much less data, compared to the data transactions, per transaction.</div> text/html