Nicholas Bohm to Satoshi: a contribution to "Bitcoin for Dummies" (July 21, 2009)

The transaction fee setting refers to the amount you give when you make a transaction, not the amount you demand from transactions you process. We’re a long way from the point where nodes will need to require a fee, but that can easily be implemented when needed.

Thanks.

I hope my misunderstandings prove a useful contribution to the eventual “Bitcoin for Dummies”.

Regards,

Nicholas

NBQuote from: Nicholas Bohm on July 20, 2009, 3:31:00 PM UTC

SNQuote from: Satoshi Nakamoto on July 20, 2009, 3:05:00 PM UTC

I guess something must be preventing you from receiving incoming connections. Mine has been trying to connect to your IP without success. I’m currently connected to 70.113.114.209 since yesterday. If you’re not at least connected to that one, then you can’t connect out either.

I still had no connections, and couldn’t see why not; but I stopped and restarted bitcoin, and now have two connections. Although this is fewer than for some weeks, and I have a clutch of “not confirmed” blocks when for some weeks I had had none, at least it’s up and running again. Previous restarts made no difference, though.

Incidentally, I set the optional transaction fee at 0.07. I expected this to be visible as an outgoing (or as a deduction from blocks created), but so far I’ve seen nothing. Perhaps I’ve had no takers.

Regards,

Nicholas