https://www.reddit.com/r/btc/comments/69318u/save_the_chain_enclosed_1_mb_transaction_with_273/
This is my love letter to the Bitcoin Blockchain.
begin 664 savethechain.tx.bz2
M0EIH.3%!629362:(VC<#T`O)``X'?^`_`$`"G=.[N9<;5AIJ9-#"1(,--`%&
M(HT89J*FU/:*>IHT]((DHR,@U("[_1$$4%`'D_/LI$%!0!\_/-L?.KUOJK[Q
M(W^GQ??":H;<"0).A\BYSKMX%N0J48R2^+3O?=$%!0!F"\*[M\Z_004%`&U(
M$C>+N1U?Y]]=;A3]5Z2&:<*RU%M'0F*C:O+2,&4"10<$<KW$ZX0>U&LPJ=(2
M2,`CYAN\%RY%1:J:Q2QHMR\V`CFV86G4*$$I@3,"&(0B+1>-$5@]6G,WKO-R
M1XY0J7QM8=@BG<Z*^M3CK;WO0H*"@#ST#_3;'7%#Y9#>$C($DGE.^:O:8HO&
M;W"!Z#()(D\GKH^?1M@T'133VO`4D+@%21PP@?"T+H9]-+6VB1ES([/!ZMIL
M<(NTPN;;8<(1AHH>+T>=F+:<Q9>T,>#OW434'X1?B^-&SR`P)`@H"5F"&#([
M(OF0+X-8Z&*5(2T;-`S,X&7(C$P$@H1L,JJ&8*RW%U5(*GA"L%\JPQ;BM&OG
M=ZX-\$`FTZA6:[I1K<M$,<\2?BZ\N3I$0>1[C+*HJ\Z37AZK`^2T`(13VVIK
MWWGHJ/')0%0*O?6>;[NA'B&=X5=Q@IUWW'<>,.*@YBU4=\S66KD;><6S[<K>
MC$,>YWSMT!KA"0;:K-CG:\7]@'#SZ'UD[\?V[6T"$O5[TO_'0+_1=R13A0D"
$:(VC<```
`
end
This transaction:
- is 1 MB in size,
- has 273.99971476 BTC in fees,
- contains 99,940 zero-value anyone-can-spend outputs,
- can only be included on the blockchain if the maximum block size limit is raised,
- creates a direct incentive for miners to upgrade bitcoin.
Instructions for decompressing:
- Save the above to a file called
savethechain.tx.bz2.uu. - Run
uudecode -o - savethechain.tx.bz2.uu | bunzip2 > savethechain.txto decompress the transaction into a file calledsavethechain.tx.
This transaction contains thousands of anyone-can-spend outputs. This allows anyone, with zero trust required, to create a descendant transaction to add to the incentive for miners to increase the maximum block size limit.This transaction is considered "non-standard" by most full node software. Therefore, miners need to customize their node software to mine this transaction. Additionally, nodes will not broadcast this transaction or any of its descendant transactions. For now, descendant transactions will need to be published by other means (such as a comment here).It is my hope that this transaction provides enough incentive for miners to upgrade bitcoin. If time passes, and miners do not respond to this incentive by raising the block size limit, it is my hope that the community will add to the incentive using the zero-trust method described above until the incentive is large enough for miners to take action.Let's save the chain!