Author

Topic: A solution that solves tx spam issue and lets GPU miners to stay in business (Read 851 times)

hero member
Activity: 504
Merit: 500
WTF???
Do a search on google for

transaction spam "proof of work" site:bitcointalk.org

That would probably be easier than the forums search feature. Some of the people involved with bitpay will have a discussion earlier than that thread in 2011, and it went easily back into 2010.

The resolution usually ends up being: There are better ways.
legendary
Activity: 2142
Merit: 1010
Newbie
hero member
Activity: 504
Merit: 500
WTF???
legendary
Activity: 2142
Merit: 1010
Newbie
Only TL;DR version:

Every transaction must contain a nonce so SHA256(SHA256([transaction hash] + [nonce])) < [some target dependent on tx size]. GPU miners could provide service to find tx nonces for small "fee". Spammers will be forced to spend a lot of computing power which better would be used for mining. If someone can't afford to find a nonce s/he could just include old-style fee.

Seems to be a decent solution?
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