📅 Original date posted:2017-03-31
📝 Original message:On Fri, Mar 31, 2017 at 1:29 PM, praxeology_guy via bitcoin-dev <
bitcoin-dev at lists.linuxfoundation.org> wrote:
>
> Change the fee policy to cause all fee/byte in a block to be reduced to
> the lowest included fee/byte. Change transactions to specify how/which
> outputs get what portions of [(TX_fee/TX_length - LIFB)*TX_length].
> Transactions of course could still offer the remainder to the miner if they
> don't want to modify some of the outputs and don't want to reveal their
> change output.
>
That would have the unfortunate effect of incentivizing miners to not
completely fill blocks, because low fee marginal transactions could cost
them money.
An alternate approach would be to incentivize miners to follow transaction
fees more by reducing mining rewards, which could be done by soft forking
in a requirement that a chunk of all mining rewards be sent to an
unspendable address.
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Bram Cohen [ARCHIVE] /
npub1ld…t8ur6
2023-06-07 17:58:35
in reply to nevent1q…f5vq
Author Public Key
npub1ldcq03p2qe58u0xnlwa35wchjuhz49y6ueu5ghmtjetez9xstnvsmt8ur6Published at
2023-06-07 17:58:35Event JSON
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"content": "📅 Original date posted:2017-03-31\n📝 Original message:On Fri, Mar 31, 2017 at 1:29 PM, praxeology_guy via bitcoin-dev \u003c\nbitcoin-dev at lists.linuxfoundation.org\u003e wrote:\n\n\u003e\n\u003e Change the fee policy to cause all fee/byte in a block to be reduced to\n\u003e the lowest included fee/byte. Change transactions to specify how/which\n\u003e outputs get what portions of [(TX_fee/TX_length - LIFB)*TX_length].\n\u003e Transactions of course could still offer the remainder to the miner if they\n\u003e don't want to modify some of the outputs and don't want to reveal their\n\u003e change output.\n\u003e\n\nThat would have the unfortunate effect of incentivizing miners to not\ncompletely fill blocks, because low fee marginal transactions could cost\nthem money.\n\nAn alternate approach would be to incentivize miners to follow transaction\nfees more by reducing mining rewards, which could be done by soft forking\nin a requirement that a chunk of all mining rewards be sent to an\nunspendable address.\n-------------- next part --------------\nAn HTML attachment was scrubbed...\nURL: \u003chttp://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20170331/0fc61bb9/attachment.html\u003e",
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