To spend a 1 satoshi output is going to cost you about 1,500 satoshis in fees (min tx fee on low priority txs is 10,000 Sat per KB. Average input size is ~150 bytes).
These tx will never be included in a block unless a miner designs a custom version of bitcoind which accepts these non-standard, dust spam violating, low paying garbage tx. No miner would want to do that as they take up a lot of space in the block and provide no meaningful increase in revenue. It would require custom development work, so they could include an essentially non-paying tx that increases the chance their block will be oprhaned and they lose the entire 25 BTC + fee reward. Seem likely?
Topic: Collect all those 0.000001 SPAM Coins for Charity (Read 621 times)
Many of us have received the 0.000001 1Enjoy 1Sochi 1Spam Coins. What if we could collect these spam coins and send them to a common wallet for charity. A change could be made so any transaction under a certain amount that changes with inflation (Say < 1 cent adjusted with inflation over time) is sent to a common charity wallet. This way people will either stop abusing the process or at least use the network for real transactions.
I do understand there is value on just using 1 Satoshi for colored coins of some type but I think at least the equivalent of 1 cent per colored coin since it consumes a transaction is a reasonable request.
I do understand there is value on just using 1 Satoshi for colored coins of some type but I think at least the equivalent of 1 cent per colored coin since it consumes a transaction is a reasonable request.
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