Hi John,Honest is a misnomer, which is underpinning the concept. There is nothing dishonest about such payments. The downside is that the payer forgoes anonymity relative to the miner, but this is not dishonest, nor is mining one’s own transactions (where the represented “fee” implies nothing). Ass
I think it should be fixed. Because now, sending coins into P2WPKH is cheaper
than sending them to P2TR, even though finally, when those coins are spent, the
blockspace usage is cheaper for Taproot (when you spend by key) than for
Segwit, because public key hash is not stored anywhere. But of co
> As a result, there are incentives structure distorted and critical
inefficiencies/vulnerabilities (e.g. misallocation of block space,
blockspace value destruction, disincentivized simple transaction,
centralization around complex transactions originators).
Can you please describe the mechanism h
On Wed, Dec 27, 2023 at 2:26 PM Greg Tonoski via bitcoin-dev
wrote:
> As a result, there are incentives structure distorted and critical
> inefficiencies/vulnerabilities (e.g. misallocation of block space,
> blockspace value destruction, disincentivized simple transaction,
> centralization around
