Protocol change requested: Memos attached to transactions should cost minimum 0.01 STEEM

Get wallet spammed a lot? Why not make the transaction meaningful. Up the requirement from 0.001 to 0.01 STEEM

You've seen lots of it. Spam messages in your wallet.

Not all of it is spam. Some of it is legitimate messages from blocktrades, your favorite bidbot, whatever.
But a lot of it is just spam. "Vote for my witness" or "Re-steem services", etc, etc.

This is advertising -- just like any other form of advertising -- the problem it is too cheap.

It is extra data to the blockchain, that often doesn't have to be there... and it's free to pump the blockchain with loads of this stuff... and it's only going to get worse.

Want to spam my wallet with a message? Ok, well tell you what...

Don't send me 0.001 STEEM --- instead, send me 0.01 STEEM -- this way, after reading 100 of these spam messages with the new price rate, at the very minimum, I'll end up with 1 full STEEM after reading 100 of them.
Right now, I have to read 1,000 spam messages in my wallet, just to get 1 full STEEM.
Steem is currently trading at around 75 cents as I write this... This means, you can send 1000 wallet spams out for for only $0.75 USD / or 75 pennies. :)

This is why the wallet spam problem is getting worse. Legitimate service messages are getting mixed up with anyone who has 75 cents to spam 1,000 of us.

If you don't see this problem getting worse.... then just wait. You're going to hate it even more in the future.

To lower wallet spam frequency now, and senseless transactions to the blockchain, implement a new rule that all wallet spam transfers "with a memo" must cost 0.01 STEEM

By the way, @intelliguy runs @intelliwitness -- the only way you will know that, is because I posted it on my own blog.. ..and not by spamming your wallet daily with spam advertisements.

However, I won't be able to continue to be a witness long, without your vote. I'm running out of time. :( If you like what I write, and the concerns I bring up -- please consider intelliwitness for your vote.

@fyrstikken did a blog about this a well back. His idea was to be able to block spam by setting a limit of how much it costed. For example. I want to block all memos under 0.005 Steem.

Nice! -- thanks for telling me. I'm glad other people feel the same way.

I would say individual accounts sending memos to one another should be allowed to use the 0.001 minimum but as soon as the account is sending 30+ in a space of time those memos should not go through and should be pushed up in stages so say for every 30 after that it doubles so 0.002, 0.004 and do on! Keep wallet memo spam to a minimum! I don’t mind the free money but a lot of new steemians are taking up these resteem bot offers and not understanding it! It’s clearly a profitable excercise that they keep doing it

Posted using Partiko iOS

Now we are talking -- I like that idea too! Very interesting approach... thanks!

I like the free money! lol

When Steem hits $100, how many people will be sending $1 memo messages? 🤔

Coca Cola, Pepsi, Walmart

...but in truth, as steem value increases... this rate can be changed. Right now, it's waaaaay too low.

I might make 1 Steem from this over a year and it's not worth it. I think I'd be in favour of increasing the minimum. Are there cases for micro-payments that need a memo? Otherwise we need spam filters for the wallet.

Yes. Blocktrades for instance, will send you a memo when your delegation expires, etc.

...bidbots use them too. These are only a small percentage of the larger scale spamming that is going on, by deliberately deceivers with shoddy services... who convince new users to participate in their fake services by sending steem or sbd to their worthless scam.