š
Original date posted:2017-09-29
š Original message:I had the same concern, or a miner could fill the remainder of the block
with their own high fee paying transactions if blocks were required to be
full.
On Fri, Sep 29, 2017 at 7:55 AM Daniele Pinna via bitcoin-dev <
bitcoin-dev at lists.linuxfoundation.org> wrote:
> Maybe I'm getting this wrong but wouldn't this scheme imply that a miner
> is incentivized to limit the amount of transactions in a block to capture
> the maximum fee of the ones included?
>
> As an example, mined blocks currently carry ~0.8 btc in fees right now. If
> I were to submit a transaction paying 1 btc in maximal money fees, then the
> miner would be incentivized to include my transaction alone to avoid that
> lower fee paying transactions reduce the amount of fees he can earn from my
> transaction alone. This would mean that I could literally clog the network
> by paying 1btc every ten minutes.
>
> Am I missing something?
>
> Daniele
> _______________________________________________
> bitcoin-dev mailing list
> bitcoin-dev at lists.linuxfoundation.org
> https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev
>
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Alex Morcos [ARCHIVE] /
npub10zā¦3xfzw
2023-06-07 18:06:37
in reply to nevent1qā¦75f8
Author Public Key
npub10z4xjfgftd3fm9dfu7dw6mkemgyhxgumcmhd7yd0ggjq7rsaw4wqa3xfzwSeen on
wss://relay.nostr.bandPublished at
2023-06-07 18:06:37Event JSON
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Original date posted:2017-09-29\nš Original message:I had the same concern, or a miner could fill the remainder of the block\nwith their own high fee paying transactions if blocks were required to be\nfull.\n\nOn Fri, Sep 29, 2017 at 7:55 AM Daniele Pinna via bitcoin-dev \u003c\nbitcoin-dev at lists.linuxfoundation.org\u003e wrote:\n\n\u003e Maybe I'm getting this wrong but wouldn't this scheme imply that a miner\n\u003e is incentivized to limit the amount of transactions in a block to capture\n\u003e the maximum fee of the ones included?\n\u003e\n\u003e As an example, mined blocks currently carry ~0.8 btc in fees right now. If\n\u003e I were to submit a transaction paying 1 btc in maximal money fees, then the\n\u003e miner would be incentivized to include my transaction alone to avoid that\n\u003e lower fee paying transactions reduce the amount of fees he can earn from my\n\u003e transaction alone. This would mean that I could literally clog the network\n\u003e by paying 1btc every ten minutes.\n\u003e\n\u003e Am I missing something?\n\u003e\n\u003e Daniele\n\u003e _______________________________________________\n\u003e bitcoin-dev mailing list\n\u003e bitcoin-dev at lists.linuxfoundation.org\n\u003e https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev\n\u003e\n-------------- next part --------------\nAn HTML attachment was scrubbed...\nURL: \u003chttp://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20170929/7873796c/attachment.html\u003e",
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