Gavin Andresen - 2011-12-01 03:01:12

Splendid! Would you be so kind as to rerun the calculations while discarding TxOuts with small BTC values, please?
Let's say anything below 0.001 can be discarded.

Interesting idea!

Thinking out loud...  There Doesn't Have To Be One Way To Do It.  Piuk (or somebody) should hack together a client or miner that uses a ledger system; it could refuse to relay or include any transactions with inputs smaller than 0.001 BTC, so it only needed a truncated ledger to create new blocks (if it is a miner, maybe it connects to a trusted 'traditional' bitcoin node to make sure it only builds on valid blocks which might contain tiny inputs).