📅 Original date posted:2015-07-23
📝 Original message:There really isn't any need for a 3rd party here. Those "services" can just be the miners themselves.
jp
> On Jul 24, 2015, at 8:56 AM, Eric Lombrozo <elombrozo at gmail.com> wrote:
>
>
>> On Jul 23, 2015, at 5:45 PM, Jean-Paul Kogelman <jeanpaulkogelman at me.com> wrote:
>>
>> Quality of service as in:
>>
>>> X satoshi / kb = included in block currently worked on;
>>
>>> Y satoshi / kb = included in next block;
>>
>>> Z satoshi / kb = included in block after that, etc.
>>
>> Block count starts when transaction is first seen. Miners can set X, Y, Z.
>>
>> Market develops when miners start setting different values and adding more transactions to blocks as opposed to other miners with higher settings.
>>
>> It basically comes down to the miners themselves if they want a healthy fee market. If they stick to their guns, their influence on the fees will be proportional to their hashing power.
>>
>> jp
>
>
> The scheme I’ve been considering is the use of services (separate from miners) that guarantee inclusion for you for some predetermined price and then do the bidding on your behalf. Via contracts you can guarantee you get included within a certain number of blocks or you receive a full refund…or even possibly receive compensation for failure to deliver.
Jean-Paul Kogelman [ARCHIVE] /
npub1sa…8y304
2023-06-07 15:43:00
in reply to nevent1q…cg4m
Author Public Key
npub1sa86gng3pvs3jgyt5majwcrhn8ck5qxgy9pjqxkh79u638cd7dys28y304Published at
2023-06-07 15:43:00Event JSON
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"content": "📅 Original date posted:2015-07-23\n📝 Original message:There really isn't any need for a 3rd party here. Those \"services\" can just be the miners themselves.\n\n\njp\n\n\u003e On Jul 24, 2015, at 8:56 AM, Eric Lombrozo \u003celombrozo at gmail.com\u003e wrote:\n\u003e \n\u003e \n\u003e\u003e On Jul 23, 2015, at 5:45 PM, Jean-Paul Kogelman \u003cjeanpaulkogelman at me.com\u003e wrote:\n\u003e\u003e \n\u003e\u003e Quality of service as in:\n\u003e\u003e \n\u003e\u003e\u003e X satoshi / kb = included in block currently worked on;\n\u003e\u003e \n\u003e\u003e\u003e Y satoshi / kb = included in next block;\n\u003e\u003e \n\u003e\u003e\u003e Z satoshi / kb = included in block after that, etc.\n\u003e\u003e \n\u003e\u003e Block count starts when transaction is first seen. Miners can set X, Y, Z.\n\u003e\u003e \n\u003e\u003e Market develops when miners start setting different values and adding more transactions to blocks as opposed to other miners with higher settings.\n\u003e\u003e \n\u003e\u003e It basically comes down to the miners themselves if they want a healthy fee market. If they stick to their guns, their influence on the fees will be proportional to their hashing power.\n\u003e\u003e \n\u003e\u003e jp\n\u003e \n\u003e \n\u003e The scheme I’ve been considering is the use of services (separate from miners) that guarantee inclusion for you for some predetermined price and then do the bidding on your behalf. Via contracts you can guarantee you get included within a certain number of blocks or you receive a full refund…or even possibly receive compensation for failure to deliver.",
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