📅 Original date posted:2022-07-11
📝 Original message:On Mon, Jul 11, 2022 at 04:35:02PM -0400, Russell O'Connor via bitcoin-dev wrote:
> > What happens after that I'm not sure.
> >
>
> Miners will learn to create anyone-can-spend outputs to bribe other miners
> to build on their block rather than reorg it. (Due to the coinbase
> maturity, this will require some amount of floating capital.)
...and that's a disaster for mining centralization, because the smaller miners
need to pay larger bribes than larger miners. Not to mention having to keep
capital around to do it.
--
https://petertodd.org 'peter'[:-1]@petertodd.org
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Peter Todd [ARCHIVE] /
npub1m2…a2np2
2023-06-07 23:11:42
in reply to nevent1q…zans
Author Public Key
npub1m230cem2yh3mtdzkg32qhj73uytgkyg5ylxsu083n3tpjnajxx4qqa2np2Published at
2023-06-07 23:11:42Event JSON
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"content": "📅 Original date posted:2022-07-11\n📝 Original message:On Mon, Jul 11, 2022 at 04:35:02PM -0400, Russell O'Connor via bitcoin-dev wrote:\n\u003e \u003e What happens after that I'm not sure.\n\u003e \u003e\n\u003e \n\u003e Miners will learn to create anyone-can-spend outputs to bribe other miners\n\u003e to build on their block rather than reorg it. (Due to the coinbase\n\u003e maturity, this will require some amount of floating capital.)\n\n...and that's a disaster for mining centralization, because the smaller miners\nneed to pay larger bribes than larger miners. Not to mention having to keep\ncapital around to do it.\n\n-- \nhttps://petertodd.org 'peter'[:-1]@petertodd.org\n-------------- next part --------------\nA non-text attachment was scrubbed...\nName: signature.asc\nType: application/pgp-signature\nSize: 833 bytes\nDesc: not available\nURL: \u003chttp://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20220711/d84b815b/attachment.sig\u003e",
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