BIP110 reduces spam and abuse on Bitcoin Freedom Money
Issue #8: BIP-110 - The Corrected Analysis
Issue #5's simulation had bugs. The real numbers are bigger and more interesting.
Above all, Bitcoin miners need valuable Bitcoin.
Bitcoin's value is as Freedom Money.
Spam devalues Bitcoin, spam is waste. Waste of space, waste of hashpower, waste of bandwith.
Miners need BIP110 more than anyone because they have skin in the game.
The VALUE of Bitcoin is that it settles transactions without third party.
Show me a memcoin that does that? None!
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