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225 sats \ 3 replies \ @03479d0ee6 24 Feb \ on: A [pro] Marathon Slipstream rant: bitcoin
If this starts to get some traction it can bee seen as an attack, then we must hope honest miners are bigger than the non honest ones, that's why pools like Ocean will be important to bring mining back to plebs.
I feel if it gains traction that means it's successful, and it can nudge mining decentralizing further by incentivizing more pools, and fewer large pools, as in miner-pools instead of just miners directing hash to a pool.
The second thing, is that I feel it can incentivize and normalize, large, complex, and multi-output txs. Like hand holding, until learning to walk. Like, if you're an entity with no mining access, and you do a $15B tx with many outputs representing many interests, are you broadcasting that tx into the ether, or sending it directly to the most trusted miner with a guaranteed confirmation time window that your insurance policy requests?
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Not sure if that is possible or if someone would want it. Because I don't think there isn't a bigger guarantee of time window when you're betting in only one miner, and that miner might take some time to find a block. Then the bidding for the next Block in that miner and it's either a first come first serve policy or bidding like the mempool itself wich makes it worse than broadcast to the network. Then if that miner loses hashrate share, you will have to find another one. I think the market will figure it out it's not worth it.
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The hashpower a miner produces and pool accumulates is verifiable, thusly, over the x-axis one can calculate their average number of blocks to consistently represent their percentage of network power. It's unlikely to change much inside the 2-week difficulty adjustment window The tx's we're presumably talking about are enormous tx's, and may originate from a sanctioned country, or entity looking for privacy, or an entity looking to lock in an advertised mempool rate months into the future. Otherwise there's no guarantee this tx will be confirmed in any reasonable amount of time even with an RBF
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