7.9M sats fee
Discussion
attack or no attack? I feel so privileged to have witnessed this anyway
Bruv, what kind of deviant attack is it to give a bunch of sats to miners that will hodl it ?
Is it possible that miners are doing this to Jack up the fees?
I was thinking of that
If you think it through, it's not profitable if you don't have a cartel. You're just funding your competitors.
Not if you are Foundry.
If you don't have 51%, you're funding your competition.
No. It doesnβt take that much to keep sending small transactions with high fees to the mempool
you're missing the point.
if i pay for tx to be mined, and I control 30% then I get back 30% of the fees every time my floor gets hit.
My competition gets 60% every time it hits my tx floor. The higher the floor, the more it gets hit.
over time, I lose market share to my competition by directly funding them.
If I have 51%, I can steal their blocks.
You are sending multiple $30 fees to get a $300,000 reward. Once you hit one, you can keep doing this to keep the mempool full and keep replacing your fees to get it higher. Go do the math
These people need to learn about low time preference. WTF? π€£