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How many #free Bitcoin #transactions should miners be required to process every block? For the #privilege of #mining #Bitcoin..🧡😊🦖
#Bitcoin #miners #Blocks #nodes #TBM
Discussion
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Why?
How could they decide which free transaction include? There would be a nearly unlimited number of transactions asking to be included for free.
Not sure. Maybe first come first served until all pending transactions are completed.
Maybe it would take days before a no fee transaction was completed. But it would end the problem of stranded sats.
They could always bump RBF their transaction if they want to move to the front of the line..😊
None. There is no free lunch.
It's not a "free lunch". It's part of the #Bitcoin protocol. The inventor and creator of the Bitcoin #protocol, #Satoshi #Nakamoto. Said there should always be some #free Bitcoin transactions.
So the only question is how many free #transactions for the privilege of mining Bitcoin..🤔
Who would prevent a miner to fill the free quota with his own useless transactions?
Enforcing the #Bitcoin protocol is primarily the responsibility of the #virtuous nodes and Bitcoin #loyalist.
Those miners that failed or refuse to comply would be subject to getting #blackballed. The blockchain is an open #distributed #ledger.
We can know instantly who's following #protocol and who's #cheating..🧡😊🦖
Even if there would be a majority of nodes willing to reject mined blocks with such transactions, they are not able to recognize them.
That's why I'm asking. Because there's more than one way to skin a cat.
Even after the fact would be effective against the biggest cheaters.
Specifically, those with the most hash rate, and most likely to cheat.
The consequences would not be worth it. Especially after the fact..🤔
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