> That would have the unfortunate effect of incentivizing miners to not
> completely fill blocks, because low fee marginal transactions could cost them
> money.
Look at the fee distribution. The vast majority of fee income comes from txs w/
fees near the LIFB. The blocks will be full... but I
On Fri, Mar 31, 2017 at 1:29 PM, praxeology_guy via bitcoin-dev <
bitcoin-dev@lists.linuxfoundation.org> wrote:
>
> Change the fee policy to cause all fee/byte in a block to be reduced to
> the lowest included fee/byte. Change transactions to specify how/which
> outputs get what portions of
TL;DR (In layman terms): Refund any excess fee amounts higher than the lowest
included fee in a block.
=== Proposed Hard Fork Change ===
LIFB: Lowest Included Fee/Byte
Change the fee policy to cause all fee/byte in a block to be reduced to the
lowest included fee/byte. Change transactions to
