Author: Peter Todd 2013-03-10 04:31:55
Published on: 2013-03-10T04:31:55+00:00
less than the transaction fee. This is aimed at reducing the creation of uneconomical UTXOs in the Bitcoin network. The current fee system per KB in a block does not take into account the long-term costs of UTXO creation. The patch proposes to make transaction outputs with a value less than the transaction fee non-standard, either through a fixed constant or measurement. The implementation will not allow any txout with a value less than the transaction fee to enter the mempool. This approach has been suggested multiple times to address the issue of costly UTXO creation in the Bitcoin network. The patch can be found on GitHub under the username petertodd and the branch name block-uneconomic-utxo-creation.
Updated on: 2023-06-06T10:27:53.254217+00:00