From: Gregory Maxwell <gmaxwell@gmail•com>
To: Sergio Lerner <sergiolerner@certimix•com>
Cc: "bitcoin-development@lists•sourceforge.net"
<bitcoin-development@lists•sourceforge.net>
Subject: Re: [Bitcoin-development] A way to create a fee market even without a block size limit (2013)
Date: Sun, 10 May 2015 21:07:43 +0000 [thread overview]
Message-ID: <CAAS2fgQL6ExHqT+po-F2b9+3Ns4woFx-VqQSdDkXRZwy47+XwA@mail.gmail.com> (raw)
In-Reply-To: <554FC36C.80402@certimix.com>
On Sun, May 10, 2015 at 8:45 PM, Sergio Lerner
<sergiolerner@certimix•com> wrote:
> Can the system by gamed?
Users can pay fees or a portion of fees out of band to miner(s); this
is undetectable to the network.
It's also behavior that miners have engaged in since at least 2011 (in
two forms; treating transactions that paid them directly via outputs
as having that much more in fees; and taking contracts for fast
processing for identified transactions (e.g. address matching or via
an API) e.g. "I'll pay you x at the end of the month for each of my
transactions you process, you can poll this API". I'm aware of at
least two companies having had this arrangement with miners).
I think what you suggested then just further rewards this behavior as
it allows bypassing your controls.-- I suspect generally any scheme
the looks at the fee values has this property.
next prev parent reply other threads:[~2015-05-10 21:07 UTC|newest]
Thread overview: 5+ messages / expand[flat|nested] mbox.gz Atom feed top
2015-05-10 20:45 Sergio Lerner
2015-05-10 20:51 ` Peter Todd
2015-05-10 21:07 ` Gregory Maxwell [this message]
2015-05-11 6:09 ` Sergio Lerner
2015-05-11 5:31 ` Stephen
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