Hi ArmchairCryptologist,
Bitcoin is working as expected and I don't see any 'manipulation' attacks in
the bidding for block space. Maybe we aren't used to such demand for blockspace
on bitcoin. Additionally, fingerprinting based on fee rates and timing to
attribute transactions to a single
On Sun, Dec 17, 2023 at 1:47 PM ArmchairCryptologist via bitcoin-dev
wrote:
> Critically, this means that the higher the ratio of the hashrate is
> participating, the lower the cost of the attack. If 100% of miners
> participate with a ratio of transactions equal to their hashrate, the cost of
On Sun, Dec 17, 2023 at 11:11:10AM +, ArmchairCryptologist via bitcoin-dev
wrote:
> ** A possible solution, with some caveats **
>
> My proposed solution to this would be to add partial transaction fee burning.
> If 50% or more of transaction fees were burned, this should effectively
>
** Motivation **
As everyone already knows, over the last seven months or so, the size of the
mempool as well as transaction fees of on the bitcoin network have both been
abnormally high. This tend has generally been ascribed to the introduction of
ordinals, and while this may be both
