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Re:Hidden surprises in the Bitcoin blockchain and how they a... by maaku on Saturday August 23, 2014 @06:09PM (#8217009)
The coin you may or may not spend does not go to the people who incur the cost.
Re:Hidden surprises in the Bitcoin blockchain and how they a... by ryan-c on Saturday August 23, 2014 @06:47PM (#8217097)
> The coin you may or may not spend does not go to the people who incur the cost.

The spent coin goes to nobody - it is burned into the blockchain as a transaction output that can never be spent, and cannot be pruned.

Re:Hidden surprises in the Bitcoin blockchain and how they a... by rwallace on Saturday August 23, 2014 @06:57PM (#8217121)
Surely that means it effectively does go to the people who incur the cost? Burning some coins increases scarcity, thus increasing the value of all other coins, so it's effectively a donation to everyone who holds bitcoin?
Re:Hidden surprises in the Bitcoin blockchain and how they a... by maaku on Saturday August 23, 2014 @07:34PM (#8217180)
I assumed he was talking about fees. You could make the output zero-valued.
Re:Hidden surprises in the Bitcoin blockchain and how they a... by ryan-c on Sunday August 24, 2014 @07:05AM (#8218251)
Wouldn't a zero-value output trip the anti-dust rules?
Re:Hidden surprises in the Bitcoin blockchain and how they a... by maaku on Tuesday August 26, 2014 @05:29AM (#8226311)
Those aren't consensus rules. They are recommended policy.
Re:Hidden surprises in the Bitcoin blockchain and how they a... by kaoD on Saturday August 23, 2014 @06:17PM (#8217027)
Well, then that's a flaw in Bitcoin.
Re:Hidden surprises in the Bitcoin blockchain and how they a... by eob on Saturday August 23, 2014 @07:11PM (#8217143)
Agreed. Now that the "get rich quick" phase of mining is over, there aren't many incentives for all the costs incurred.
Re:Hidden surprises in the Bitcoin blockchain and how they a... by RubyPinch on Saturday August 23, 2014 @07:22PM (#8217163)
Isn't that the reasoning behind transaction fees?
Re:Hidden surprises in the Bitcoin blockchain and how they a... by kaoD on Saturday August 23, 2014 @07:32PM (#8217176)
Transaction fees are for miners, but every full node in the network has to store the whole blockchain forever. There are thin clients using SPV, but we need full nodes for the network to function properly and currently there is zero incentive for it.
Re:Hidden surprises in the Bitcoin blockchain and how they a... by jloughry on Saturday August 23, 2014 @08:00PM (#8217229)
Aside from helping the network, there is no incentive to run a full Bitcoin node. But it doesn't take much in the way of resources: a few tens of gigabytes of disk space and a few tens of kilobits/sec of bandwidth. (Don't forget to open a port on your router!) I do it for the same reason I give over an extra SSID to openwireless.org, or run a TOR exit node, or seed any file I got from BitTorrent for a while afterwards: it helps the network.