Dust recycling [combined summary]



Individual post summaries: Click here to read the original discussion on the bitcoin-dev mailing list

Published on: 2014-03-29T20:33:13+00:00


Summary:

During a conversation between Justus Ranvier and Gregory Maxwell, they discussed the issue of dust in transactions. Maxwell suggested using "dust-b-gone" to transfer the responsibility of relaying dust to someone else. However, Ranvier argued against this solution, stating that it introduces a third party and could result in server downtime. Instead, he proposed starting the server oneself and aggregating multiple bits of dust in single transactions for greater efficiency. He also highlighted the challenge of miners prioritizing transactions with higher fees per byte over those with dust.On March 29, 2014, during a discussion, Gregory Maxwell's suggestion of using "dust-b-gone" was seen as sub-optimal due to its reliance on a third party and potential server issues. The participants agreed that a universal solution would be preferable. The conversation also included a call to support online privacy by utilizing email encryption whenever possible, with a link provided for learning how to do so. The email thread contained two attachments: an application/pgp-keys file and an application/pgp-signature.In another discussion on the same day, Justus Ranvier proposed the need for a standard output type to facilitate sending the entire transaction to miner fees easily. He jokingly referred to this output type as a "return operator." This would enable even large transactions that would typically be dropped by fee/kB rules to propagate. Another user suggested using "dust-b-gone" to shift the responsibility of relaying such transactions to others.A physician and BitCoin enthusiast named Brian C. Goss raised a question in an email thread from March 29, 2014, regarding the possibility of collecting dust into a transaction with no outputs or including it in an anyone can spend transaction. Goss acknowledged that the large number of signatures for large n could result in a large transaction size. However, if enough dust were present, it might be worth propagating to a pool's hash power. Another individual responded by suggesting the use of a standard output type that would allow even large transactions, which would normally be dropped by fee/kB rules, to propagate. The email thread included attachments for an encrypted key and signature, promoting secure communication.


Updated on: 2023-08-01T08:30:21.387377+00:00