📅 Original date posted:2013-10-24
📝 Original message:On Thu, Oct 24, 2013 at 4:30 PM, Peter Todd <pete at petertodd.org> wrote:
> Quick thought on how to make blockchain-based fee estimates work better
> in the context of out-of-band mining contracts: have miners advertise in
> their coinbase's what fees were actually paid, as opposed to appear to
> have been paid.
This is interesting, but I suppose some miners may have business models
that can't be easily summed up as a "fee" - like all-you-can-eat deals with
certain providers, or preference to certain kinds of transactions etc.
For the concern that estimation might force fees down too far if miners
include private transactions, I thought the estimates were calculated only
on broadcast transactions, so transactions that just appear in a block
won't ever influence the estimate?
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Mike Hearn [ARCHIVE] /
npub17t…4qgyd
2023-06-07 15:07:52
in reply to nevent1q…3n88
Author Public Key
npub17ty4mumkv43w8wtt0xsz2jypck0gvw0j8xrcg6tpea25z2nh7meqf4qgydPublished at
2023-06-07 15:07:52Event JSON
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"content": "📅 Original date posted:2013-10-24\n📝 Original message:On Thu, Oct 24, 2013 at 4:30 PM, Peter Todd \u003cpete at petertodd.org\u003e wrote:\n\n\u003e Quick thought on how to make blockchain-based fee estimates work better\n\u003e in the context of out-of-band mining contracts: have miners advertise in\n\u003e their coinbase's what fees were actually paid, as opposed to appear to\n\u003e have been paid.\n\n\nThis is interesting, but I suppose some miners may have business models\nthat can't be easily summed up as a \"fee\" - like all-you-can-eat deals with\ncertain providers, or preference to certain kinds of transactions etc.\n\nFor the concern that estimation might force fees down too far if miners\ninclude private transactions, I thought the estimates were calculated only\non broadcast transactions, so transactions that just appear in a block\nwon't ever influence the estimate?\n-------------- next part --------------\nAn HTML attachment was scrubbed...\nURL: \u003chttp://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20131024/76944c85/attachment.html\u003e",
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