Good morning Hilda,
> Hi there,
>
> I have been assuming Bitcoin system to be well synchronized, including
> mempools. But after being challenged, I started to think that I actually
> cannot verify this without knocking the door of every miner in every single
> second (just a time slice reasona
Hi there,
I have been assuming Bitcoin system to be well synchronized, including
mempools. But after being challenged, I started to think that I actually cannot
verify this without knocking the door of every miner in every single second
(just a time slice reasonable to me; stop torturing me by
Hello ZmnSCPxj (as there would be no better way to start an email to you
:-),
I posted a reply to Dave in the other sub-thread of this main thread. We
have a paper about something similar to what you have said - where we look
at "weak" and "strong" miners, and how even if there are a few weak mine
Hi ZmnSCPxj,
That's a good point. Basically there are two extremes, if everyone is
non-myoptic (rational), they should wait even for a small fee (our mad-htlc
result), and if everyone else is myopic (rational), a non-myopic miner
should only wait for a fairly large fee, depending on miner sizes an