š
Original date posted:2022-07-11
š Original message:On Mon, Jul 11, 2022 at 08:21:40PM -0400, Russell O'Connor via bitcoin-dev wrote:
> Oops, you are right. We need the bribe to be the output of the coinbase,
> but due to the maturity rule, it isn't really a bribe.
>
> Too bad coinbases cannot take other coinbase outputs as inputs to bypass
> the maturity rule.
>
> I guess that means the bribe has to be by leaving transactions in the
> mempool.
...and that's hardly a bribe. That's just being unable to mine competitively
because your operation is too small.
Anyway, I think all this is a good example of how mining being dependent on
fee-income makes mining much more complex, and harder to do as a small player.
Not good.
> Also your point about centralization pressure is well taken.
Thanks
--
https://petertodd.org 'peter'[:-1]@petertodd.org
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Peter Todd [ARCHIVE] /
npub1m2ā¦a2np2
2023-06-07 23:11:42
in reply to nevent1qā¦7e5d
Author Public Key
npub1m230cem2yh3mtdzkg32qhj73uytgkyg5ylxsu083n3tpjnajxx4qqa2np2Published at
2023-06-07 23:11:42Event JSON
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Original date posted:2022-07-11\nš Original message:On Mon, Jul 11, 2022 at 08:21:40PM -0400, Russell O'Connor via bitcoin-dev wrote:\n\u003e Oops, you are right. We need the bribe to be the output of the coinbase,\n\u003e but due to the maturity rule, it isn't really a bribe.\n\u003e \n\u003e Too bad coinbases cannot take other coinbase outputs as inputs to bypass\n\u003e the maturity rule.\n\u003e\n\u003e I guess that means the bribe has to be by leaving transactions in the\n\u003e mempool.\n\n...and that's hardly a bribe. That's just being unable to mine competitively\nbecause your operation is too small.\n\nAnyway, I think all this is a good example of how mining being dependent on\nfee-income makes mining much more complex, and harder to do as a small player.\nNot good.\n\n\u003e Also your point about centralization pressure is well taken.\n\nThanks\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/bde354fc/attachment.sig\u003e",
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