j"1LAnZuoQdcKCkpDBKQMCgziGMoPC4VQUckMÌ<div class="post"><div class="quoteheader"><a href="https://bitcointalk.org/index.php?topic=2162.msg28456#msg28456">Quote from: theymos on December 09, 2010, 08:17:19 AM</a></div><div class="quote"><div class="quoteheader"><a href="https://bitcointalk.org/index.php?topic=2162.msg28448#msg28448">Quote from: chaord on December 09, 2010, 07:17:12 AM</a></div><div class="quote"><b>by default disallow non-standard transactions that exceed 128 bytes (or whatever threshold is agreeable)?</b><br/></div><br/>I would be happy with 128 bytes of arbitrary data. But it seems pointless for the official Bitcoin client to attempt to "legislate" <i>any</i> restrictions of this type when all miners have an interest in including any and all fee-carrying transactions. As long as these restrictions exist, miners are incentivized to:<br/>- Remove the restrictions to get more fees<br/>- Connect to as many peers as possible to get a higher chance of catching any non-standard transactions that would be produced, further increasing the load on those few nodes accepting incoming connections.<br/></div><br/>...unless the use of bitcoin for non-currency purposes discourages currency use. Some uses of the network can act as an overall disincentive against mainstream use. If people see that miners care little for currency transactions on the bitcoin network, or all the data spam increases TX fees to annoying levels, currency users will find a new network elsewhere. If people find out law-enforcement-objectionable data such as "kiddie-pr0n.p2p DNS data" is being managed on this network, that increases the incentive for currency users to go elsewhere.<br/><br/>Maybe that makes some miners happy in the short term, and you happy, but I'm here for the revolutionary new type of digital cash.<br/><br/>And this generalized data timestamping/notary service seems like it has the distinct <i>probability</i> of degrading service for digital cash, if it is even remotely successful.</div> text/html
https://whatsonchain.com/tx/df83d5f26588ba2c3f2a26c87d20e8f4d460d03a67100bfc0d9a261dc2cd6351