Received-SPF: pass (sog-mx-2.v43.ch3.sourceforge.com: domain of petertodd.org
	designates 62.13.148.95 as permitted sender)
	client-ip=62.13.148.95; envelope-from=pete@petertodd.org;
	helo=outmail148095.authsmtp.com; 
Date: Thu, 24 Oct 2013 10:54:47 -0400
From: Peter Todd <pete@petertodd.org>
To: Mike Hearn <mike@plan99.net>
Message-ID: <20131024145447.GA19949@savin>
References: <20131024143043.GA12658@savin>
	<CANEZrP100Lg_1LcFMKx1yWrGTSFb5GZmLmXNbZjPGaiEgOeuwA@mail.gmail.com>
	<20131024144358.GA17142@savin>
	<CANEZrP1TfM+wYbGjUk3+8JJZs6cKZXdb57xGMc=hDr9dQjMMZA@mail.gmail.com>
MIME-Version: 1.0
Content-Type: multipart/signed; micalg=pgp-sha256;
	protocol="application/pgp-signature"; boundary="AhhlLboLdkugWU4S"
Content-Disposition: inline
In-Reply-To: <CANEZrP1TfM+wYbGjUk3+8JJZs6cKZXdb57xGMc=hDr9dQjMMZA@mail.gmail.com>
User-Agent: Mutt/1.5.21 (2010-09-15)
Cc: Bitcoin Dev <bitcoin-development@lists.sourceforge.net>
Subject: Re: [Bitcoin-development] Making fee estimation better
Precedence: list


--AhhlLboLdkugWU4S
Content-Type: text/plain; charset=us-ascii
Content-Disposition: inline
Content-Transfer-Encoding: quoted-printable

On Thu, Oct 24, 2013 at 04:46:41PM +0200, Mike Hearn wrote:
> Well, miners are all supposed to be more or less equivalent - modulo
> differences in tx acceptance policies - so I'd hope that having out of bad
> fee mechanisms yet still broadcasting the TX isn't that common. If it was
> broadcasted, it should get mined in short order, otherwise things are goi=
ng
> wrong.

Eligius has contracts to do transaction mining, and it's currently 10%
of the hashing power.

As I said elsewhere, a good use-case for OOB fee payment is for
merchants who use the payment protocol, and want to get their customers
transactions mined as efficiently and cheaply as possible.
(child-pays-for-parent has more blockchain bloat and thus extra expense)

> On Thu, Oct 24, 2013 at 4:43 PM, Peter Todd <pete@petertodd.org> wrote:
>=20
> > Anyway, in what circumstance would a customer want an exclusive contract
> > with a miner?
> >
>=20
> I was thinking for transactions that aren't standard so have to be
> submitted to miners directly.

Sure, but even then there's no harm in letting more than one miner know
about it.

There's even an existing form of this: P2Pool lets shares be accompanied
by up to 50KB worth of transactions of any form.

--=20
'peter'[:-1]@petertodd.org
000000000000000d2860c825ea223b805c60a33b26b9b70616698033d360b066

--AhhlLboLdkugWU4S
Content-Type: application/pgp-signature; name="signature.asc"
Content-Description: Digital signature

-----BEGIN PGP SIGNATURE-----
Version: GnuPG v1.4.12 (GNU/Linux)
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==
=u0G9
-----END PGP SIGNATURE-----

--AhhlLboLdkugWU4S--