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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
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