@oocBlog @kristovatlas All the more surprising that during periods of full blocks, some miners prioritize low fee consolidation txns.
BrendanEich New site design: brave.com
New blog post from @_mtr and me on the BTC-based, anonymous Brave Ledger: brave.com/blogpost_3.html
@kristovatlas I wonder if @oocBlog has ever attempted to reverse engineer mining pool prioritization rules…
@SlackHQ Already did; apparently being signed into a dozen teams with lots of channels on each requires a ton of memory…
“Where’s the warrant canary in the Reddit transparency report?”
“We’ve been advised not to say anything about it.”
https://t.co/07Ln7t00d8
@masonic_tweets Thou shalt not use the blockchain for “cloud mining” dust payouts.
This leads to the question: do miners prioritize low fee transactions with many inputs and few outputs b/c they consolidate the UTXO set?
3 recent full blocks with < 800 txns due to low fee large data txns:
https://t.co/rOryBzNl75
https://t.co/4dA0wd25Wg
https://t.co/5Q96fQBppB
@lykle Not necessarily sent via bitcoin p2p network; I suspect lots of miners have private APIs
@lykle Someone could send them directly to miner, or perhaps there are enough nodes relaying nonstandard txns that they propagated normally.
Huge data size txns with extremely low fees getting confirmed:
https://t.co/TzZMpTdSQT
https://t.co/kb5uyxyofF
https://t.co/2qkddKJpfo
@1Cal83 @DonutShorts @pmarca Federal regulations make banks not want to touch marijuana revenues.
@SlackHQ you’re killing me over here pic.twitter.com/gshCCEjPfe
It’s only one phone.
It’s only sixty three phones. https://t.co/zEvRPIPt88
It’s only hundreds of phones per city. https://t.co/wsVUETpmXe
Bitcoin Core’s scaling roadmap projected an April release date for Segregated Witness. Will they make it?
.@OPENDIME == first bitcoin bearer bond. Great for privately trading batches of “investment” coins. Off-chain for limitless scalability!
ErikVoorhees Beautiful 3d visualization of the Bitcoin blockchain - balls are transactions occurring in real time. bitbonkers.com
Study by @el33th4xor, @socrates1024, @ittayeyal & others argues that block sizes up to 4 MB are safe for Bitcoin. https://t.co/MIn2Ax5zEz
You’d think the poisson distribution of bitcoin blocks would balance out, but it’s a throughput net negative b/c fast blocks aren’t filled.
@OPENDIME Will there be any way to back up an opendime? I’m guessing not, since that could pose a problem for its cash-like attributes.