This is correct. Under assumptions of a continuous mempool model however this should be considered the outlier behavior, other than a little bit of empty space at the end, now and then. A maximum fee rate calculated as a filter over past block rates could constrain this outlier behavior from ever happening too.
> On Sep 29, 2017, at 3:43 AM, Daniele Pinna <daniele.pi...@gmail.com> wrote: > > Maybe I'm getting this wrong but wouldn't this scheme imply that a miner is > incentivized to limit the amount of transactions in a block to capture the > maximum fee of the ones included? > > As an example, mined blocks currently carry ~0.8 btc in fees right now. If I > were to submit a transaction paying 1 btc in maximal money fees, then the > miner would be incentivized to include my transaction alone to avoid that > lower fee paying transactions reduce the amount of fees he can earn from my > transaction alone. This would mean that I could literally clog the network by > paying 1btc every ten minutes. > > Am I missing something? > > Daniele _______________________________________________ bitcoin-dev mailing list bitcoin-dev@lists.linuxfoundation.org https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev