It’s done. Yesterday (29.05.2013) the latest update to the core bitcoin software has been released and with it, the changed transaction policies will make their way onto the network.
Dust transactions will have an increasingly hard time getting confirmed in the blockchain from here on.
Read the passage from the release notes yourself:
Payments (transaction outputs) of 0.543 times the minimum relay fee
(0.00005430 BTC) are now considered ‘non-standard’, because storing them
costs the network more than they are worth and spending them will usually
cost their owner more in transaction fees than they are worth.
Non-standard transactions are not relayed across the network, are not included
in blocks by most miners, and will not show up in your wallet until they are
included in a block.
Let’s stay tuned and see how many unconfirmed satoshi transactions we’ll be experiencing. Most Faucets have already switched their payout mechanism to compensate for the new rules, but as of now there are still countless transactions on the network that will be treated as dust by the new policies very soon.
So, what do YOU think? Is it a change for good? Or do you think this is going to hurt the community? Let us know in the comments below.