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authorPeter Todd <pete@petertodd.org>2022-07-26 16:27:56 +0200
committerbitcoindev <bitcoindev@gnusha.org>2022-07-26 14:37:45 +0000
commitf5ca25130f165f6ad00c9a78f9bd8e275aaa3080 (patch)
treeb2049f224826b307f18eb38e559ea4899216377e
parentfc035bc24ea529f0c6658f4cf830593c6b84288b (diff)
downloadpi-bitcoindev-f5ca25130f165f6ad00c9a78f9bd8e275aaa3080.tar.gz
pi-bitcoindev-f5ca25130f165f6ad00c9a78f9bd8e275aaa3080.zip
Re: [bitcoin-dev] Regarding setting a lower minrelaytxfee
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+ 26 Jul 2022 10:37:38 -0400 (EDT)
+Date: Tue, 26 Jul 2022 16:27:56 +0200
+From: Peter Todd <pete@petertodd.org>
+To: alicexbt <alicexbt@protonmail.com>,
+ Bitcoin Protocol Discussion <bitcoin-dev@lists.linuxfoundation.org>,
+ alicexbt via bitcoin-dev <bitcoin-dev@lists.linuxfoundation.org>,
+ Aaradhya Chauhan <chauhanansh.me@gmail.com>
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+Cc: bitcoin-dev@lists.linuxfoundation.org
+Subject: Re: [bitcoin-dev] Regarding setting a lower minrelaytxfee
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+
+
+On July 26, 2022 2:19:32 PM GMT+02:00, alicexbt via bitcoin-dev <bitcoin-d=
+ev@lists=2Elinuxfoundation=2Eorg> wrote:
+>Hi Aaradhya,
+>
+>> As it's not a consensus rule, I think it can be done easily, just needi=
+ng support from full node operators
+>
+>A few miners will need to use a lower minrelaytxfee for this to work=2E I=
+ don't think miners would want to lower their profits=2E
+
+Whether or not this lowers profits for a particular miner is complex:
+
+https://petertodd=2Eorg/2016/block-publication-incentives-for-miners
+
+But to a first approximation, at any fee above zero failing to mine a tx y=
+ou know about is leaving money on the table=2E
+
+Anyway even if miners don't actually mine these txs by themselves, with Ch=
+ild-Pays-For-Parent, allowing near-zero txs into your mempool potentially a=
+llows you to mine more fees=2E
+