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Topic: include a message in a transaction (Read 2226 times)

legendary
Activity: 1050
Merit: 1000
You are WRONG!
July 10, 2011, 11:46:23 AM
#32
Another option to track payment may be to have people pay with very small divisions. E.g, 5.3594812 BTC. The .0094812 being fairly insubstantial, but used to track payments and associate them with order data.
or you cloud just make a new address to them.
legendary
Activity: 980
Merit: 1003
I'm not just any shaman, I'm a Sha256man
July 10, 2011, 11:24:40 AM
#31
Hmm i didn't really think about the enormous space issue.
Is there a way we could have a parallel block chain that will have transactions associated with messages. That way the messages aren't forced into the block chain? I know this sounds redundant but messaging would be very appealing to new users i think.
sr. member
Activity: 391
Merit: 333
July 10, 2011, 11:04:23 AM
#30
Another option to track payment may be to have people pay with very small divisions. E.g, 5.3594812 BTC. The .0094812 being fairly insubstantial, but used to track payments and associate them with order data.
hero member
Activity: 812
Merit: 1000
July 10, 2011, 09:40:57 AM
#29
one other thing is i think at least the client should have some input for notes when you send an amount.

that note doesn't have to go into the block chain but just get recorded somewhere in your client's files.
full member
Activity: 199
Merit: 110
July 10, 2011, 09:34:40 AM
#28
It would become more attractive Wink

It would become more error prone, and costly to use, for no actual benefit. Do not add unneeded complexity to already complex systems!
qwk
donator
Activity: 3542
Merit: 3413
Shitcoin Minimalist
July 10, 2011, 09:33:03 AM
#27
1GB more is hardly anything when it's that much already..
still, bitcoin is not an messaging system. 

It would become more attractive Wink

And i'd rather read spam that cost some bitcents to send than the usual email spam  Grin
legendary
Activity: 1358
Merit: 1002
July 10, 2011, 09:32:15 AM
#26
That's why the block solving should be done as a big pool with every machine getting a small part of the work (and bounty) and not by a single machine like it is done now.

If bitcoin really grows to that point it will be impossible to manage, with or without messages Wink

I'm open to understand why i'm wrong, if that's the case Smiley
sr. member
Activity: 331
Merit: 250
Earthling
July 10, 2011, 09:26:55 AM
#25
1GB more is hardly anything when it's that much already..
still, bitcoin is not an messaging system. 

It would become more attractive Wink
legendary
Activity: 1358
Merit: 1002
July 10, 2011, 09:25:06 AM
#24
each block will be a round 10000*3100*60*10=18.600.000.000 = 18.6 Gb big.

what you are suggesting is making a block 340 bytes long, right?
then the blocks will be of 19.56 Gb big.

Only if you count GB's in the same way HDD manufacturers do  Tongue
legendary
Activity: 1050
Merit: 1000
You are WRONG!
July 10, 2011, 09:21:19 AM
#23
1GB more is hardly anything when it's that much already..
still, bitcoin is not an messaging system. 
sr. member
Activity: 331
Merit: 250
Earthling
July 10, 2011, 09:15:05 AM
#22
1GB more is hardly anything when it's that much already..
legendary
Activity: 1050
Merit: 1000
You are WRONG!
July 10, 2011, 09:10:42 AM
#21
Would still be cool to send a message with the transaction ^^
no it would not! its not what the blockchain is for!

I think a small twitter like message wouldn't hurt that much.
I for one would like to include my email address along with each payment i send. Just in case the receiver messes up, i can point him to "that payment you received with my email address in it, search for it!".
you already can do that. it would not be good. every block would grow very large.

twitter message is what twitter is for.

Don't be an asshole. He said twitter like, like 140 characters long, you moron. You really came across as a real asshole on your 2 last posts. Embarrassed

This is the newbie board. If you don't wish to answer newbie questions then STFU & GTFO!
math:
VISA is handling 10.000 transaction/sec.
each bitcoin transaction is around 3100 bytes long, it can vary. that means when/if we are gonna handle as much transactions as VISA,
each block will be a round 10000*3100*60*10=18.600.000.000 = 18.6 Gb big.

what you are suggesting is making a block 340 bytes long, right?
then the blocks will be of 19.56 Gb big.

do you see the problem?


conclusion:
dont put messages in transactions. just dont.
legendary
Activity: 980
Merit: 1003
I'm not just any shaman, I'm a Sha256man
July 10, 2011, 09:09:38 AM
#20
Bitcoin messages would be helpful and handy. Also, if there was bitcoin messages would those messages only be viewable to the sender?
This thread got me thinking about that... i think the answer would have to be yet i suppose in the name of bitcoin
qwk
donator
Activity: 3542
Merit: 3413
Shitcoin Minimalist
July 10, 2011, 08:55:37 AM
#19
twitter message is what twitter is for.

Okay, maybe i'll just twitter my email address along with receiving bitcoin address, everytime i pay.
Unfortunately, i don't twitter .

Now stop sulking, cheer up   Smiley
legendary
Activity: 1358
Merit: 1002
July 10, 2011, 08:50:43 AM
#18
Would still be cool to send a message with the transaction ^^
no it would not! its not what the blockchain is for!

I think a small twitter like message wouldn't hurt that much.
I for one would like to include my email address along with each payment i send. Just in case the receiver messes up, i can point him to "that payment you received with my email address in it, search for it!".
you already can do that. it would not be good. every block would grow very large.

twitter message is what twitter is for.

Don't be an asshole. He said twitter like, like 140 characters long, you moron. You really came across as a real asshole on your 2 last posts. Embarrassed

This is the newbie board. If you don't wish to answer newbie questions then STFU & GTFO!
sr. member
Activity: 331
Merit: 250
Earthling
July 10, 2011, 08:45:03 AM
#17
Huh?
legendary
Activity: 1050
Merit: 1000
You are WRONG!
July 10, 2011, 08:39:41 AM
#16
Would still be cool to send a message with the transaction ^^
no it would not! its not what the blockchain is for!

I think a small twitter like message wouldn't hurt that much.
I for one would like to include my email address along with each payment i send. Just in case the receiver messes up, i can point him to "that payment you received with my email address in it, search for it!".
you already can do that. it would not be good. every block would grow very large.

twitter message is what twitter is for.
legendary
Activity: 1050
Merit: 1000
You are WRONG!
July 10, 2011, 08:37:06 AM
#15
Hi all,

when I make a regular bank transaction I have the opportunity to send a message to the recipient, usually a text of what this payment is about (client number , bill number etc.).
Bitcoin is currently lacking such an option. If it shall be used more widely, I believe it is necessary such an option will be included in the client/infrastructure.
Otherwise it is impossible for a bigger company to effectively track payments.
you give address 1 to customer 1. and you will receive payment from customer 1 on address 1. you now knows customer 1 has payed.
you give address 2 to customer 2. and you will receive payment from customer 2 on address 2. you now knows customer 2 has payed.

an address is a hash of a publickey.

the hash is 160 bits long. it means that there is 1461501637330902918203684832716283019655932542976 possible addresses. which should be enough.

now SHUT UP!
qwk
donator
Activity: 3542
Merit: 3413
Shitcoin Minimalist
July 10, 2011, 08:34:21 AM
#14
Would still be cool to send a message with the transaction ^^
no it would not! its not what the blockchain is for!

I think a small twitter like message wouldn't hurt that much.
I for one would like to include my email address along with each payment i send. Just in case the receiver messes up, i can point him to "that payment you received with my email address in it, search for it!".
legendary
Activity: 1050
Merit: 1000
You are WRONG!
July 10, 2011, 08:31:29 AM
#13
Would still be cool to send a message with the transaction ^^
no it would not! its not what the blockchain is for!
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