From mboxrd@z Thu Jan 1 00:00:00 1970 Received: from sog-mx-1.v43.ch3.sourceforge.com ([172.29.43.191] helo=mx.sourceforge.net) by sfs-ml-2.v29.ch3.sourceforge.com with esmtp (Exim 4.76) (envelope-from ) id 1WIJKP-00018E-8l for bitcoin-development@lists.sourceforge.net; Tue, 25 Feb 2014 14:49:49 +0000 Received-SPF: pass (sog-mx-1.v43.ch3.sourceforge.com: domain of petertodd.org designates 62.13.148.154 as permitted sender) client-ip=62.13.148.154; envelope-from=pete@petertodd.org; helo=outmail148154.authsmtp.co.uk; Received: from outmail148154.authsmtp.co.uk ([62.13.148.154]) by sog-mx-1.v43.ch3.sourceforge.com with esmtp (Exim 4.76) id 1WIJKO-0007ks-1d for bitcoin-development@lists.sourceforge.net; Tue, 25 Feb 2014 14:49:49 +0000 Received: from mail-c237.authsmtp.com (mail-c237.authsmtp.com [62.13.128.237]) by punt15.authsmtp.com (8.14.2/8.14.2/) with ESMTP id s1PEnfwO039642; Tue, 25 Feb 2014 14:49:41 GMT Received: from savin (76-10-178-109.dsl.teksavvy.com [76.10.178.109]) (authenticated bits=128) by mail.authsmtp.com (8.14.2/8.14.2/) with ESMTP id s1PEnVLW090144 (version=TLSv1/SSLv3 cipher=DHE-RSA-AES128-SHA bits=128 verify=NO); Tue, 25 Feb 2014 14:49:35 GMT Date: Tue, 25 Feb 2014 09:49:22 -0500 From: Peter Todd To: Mike Hearn Message-ID: <20140225144922.GA25549@savin> References: <20140225044116.GA28050@savin> MIME-Version: 1.0 Content-Type: multipart/signed; micalg=pgp-sha256; protocol="application/pgp-signature"; boundary="dDRMvlgZJXvWKvBx" Content-Disposition: inline In-Reply-To: User-Agent: Mutt/1.5.21 (2010-09-15) X-Server-Quench: 0b6186aa-9e2c-11e3-94fa-002590a135d3 X-AuthReport-Spam: If SPAM / abuse - report it at: http://www.authsmtp.com/abuse X-AuthRoute: OCd2Yg0TA1ZNQRgX IjsJECJaVQIpKltL GxAVKBZePFsRUQkR aQdMdAcUHlAWAgsB AmIbWlBeVFR7WmY7 bAxPbAVDY01GQQRq WVdMSlVNFUsrAHx0 WHhiNRl7dwRCfDBx ZURqXj5bDkJ7fUAs E1NdQG9VeGZhPWMC WUQOJh5UcAFPdx8U a1N6AHBDAzANdhES HhM4ODE3eDlSNilR RRkIIFQOdA4lEzN0 SwoFBV0A X-Authentic-SMTP: 61633532353630.1024:706 X-AuthFastPath: 0 (Was 255) X-AuthSMTP-Origin: 76.10.178.109/587 X-AuthVirus-Status: No virus detected - but ensure you scan with your own anti-virus system. X-Spam-Score: -1.5 (-) X-Spam-Report: Spam Filtering performed by mx.sourceforge.net. See http://spamassassin.org/tag/ for more details. -1.5 SPF_CHECK_PASS SPF reports sender host as permitted sender for sender-domain -0.0 SPF_PASS SPF: sender matches SPF record X-Headers-End: 1WIJKO-0007ks-1d Cc: Bitcoin Dev Subject: Re: [Bitcoin-development] Fee drop X-BeenThere: bitcoin-development@lists.sourceforge.net X-Mailman-Version: 2.1.9 Precedence: list List-Id: List-Unsubscribe: , List-Archive: List-Post: List-Help: List-Subscribe: , X-List-Received-Date: Tue, 25 Feb 2014 14:49:49 -0000 --dDRMvlgZJXvWKvBx Content-Type: text/plain; charset=us-ascii Content-Disposition: inline Content-Transfer-Encoding: quoted-printable On Tue, Feb 25, 2014 at 06:25:18PM +0530, Mike Hearn wrote: > Given that the fee drop puts fees in "real" (i.e. dollar) terms back to > where they were some months ago, it seems odd to claim this is creating > vulnerabilities that didn't exist in the previous version. The cost of an > attack would be the same as before. No it's not. The cost is only incurred in the transactions actually get mined, and unlike before the drop appears to be well under the break-even orphan cost of transactions; we've got no reason to think the clearance rate of these low-fee transactions will be significant. But anyway, mostly I'm writing this to register my strong opposition knowing full well that I don't expect it to change your minds. --=20 'peter'[:-1]@petertodd.org 0000000000000000eb671d932a8d310e8ab963c53b2be8a27bd5de2a712c2f59 --dDRMvlgZJXvWKvBx Content-Type: application/pgp-signature; name="signature.asc" Content-Description: Digital signature -----BEGIN PGP SIGNATURE----- Version: GnuPG v1.4.14 (GNU/Linux) iQGrBAEBCACVBQJTDK1yXhSAAAAAABUAQGJsb2NraGFzaEBiaXRjb2luLm9yZzAw MDAwMDAwMDAwMDAwMDBlYjY3MWQ5MzJhOGQzMTBlOGFiOTYzYzUzYjJiZThhMjdi ZDVkZTJhNzEyYzJmNTkvFIAAAAAAFQARcGthLWFkZHJlc3NAZ251cGcub3JncGV0 ZUBwZXRlcnRvZC5vcmcACgkQJIFAPaXwkfsMWQf/fLCoc1YH+TeEEofK7Tk9aogo AM4YjWTtZYAcg/MTOMf7Ihc5wIM2vvewyLn7NMDwUyUtx0YRw745CDep8qjMlHmN 49S8bagzGVCywrXKN3Dmc2yOftzk+Bha1I9ZrqNwo5d9agd90ckk87bdbGIpS+Dz lcxmwyWdVn3xsBgWa/Gs8q6UWbA5mQPFkNiEzN7b6/Q694fC4NApiW6XQslPi7e1 mOzUoNv/8wML7BupsbicopQ60EZinrMYe5jpoAoBs5IBoaVPtUBdT+ytaVj0UGAW Z62dyl9iupEh5FqkGDeT5tAXyqMSPdZFNyodU662e6+fl6kVXhYECV8wcUJ50w== =aJh0 -----END PGP SIGNATURE----- --dDRMvlgZJXvWKvBx--