Re: [bitcoin-dev] Out-of-band transaction fees

2020-12-01 Thread Sebastian Geisler via bitcoin-dev
Hi ZmnSCPxj, thank you for your detailed comments. I agree that the centralization risk is a big problem. I didn't fully take into account how hard it might be to distinguish honest service providers, which makes that problem so much worse. I think I'll not pursue this approach for that reason. Wh

Re: [bitcoin-dev] Out-of-band transaction fees

2020-12-01 Thread ZmnSCPxj via bitcoin-dev
Good morning e, and Sebastian, So it seems, the goals are the below: * Someone wants to pay a fee to get a transaction confirmed. * Miners want to know how much they earn if they confirm a transaction. * The one paying for the fee does not want to link its other coins to the transaction it wants

Re: [bitcoin-dev] Out-of-band transaction fees

2020-12-01 Thread ZmnSCPxj via bitcoin-dev
dized way could help some protocols imo. > > Best, > Sebastian > > > > -Original Message- > > From: bitcoin-dev bitcoin-dev-boun...@lists.linuxfoundation.org On Behalf > > Of Sebastian Geisler via bitcoin-dev > > Sent: Monday, November 30, 2020

Re: [bitcoin-dev] Out-of-band transaction fees

2020-12-01 Thread Sebastian Geisler via bitcoin-dev
t, Sebastian > -Original Message- > From: bitcoin-dev On Behalf > Of Sebastian Geisler via bitcoin-dev > Sent: Monday, November 30, 2020 3:03 PM > To: bitcoin-dev@lists.linuxfoundation.org > Subject: [bitcoin-dev] Out-of-band transaction fees > > Hi all, > >

Re: [bitcoin-dev] Out-of-band transaction fees

2020-12-01 Thread Eric Voskuil via bitcoin-dev
he case with externalized fees. e -Original Message- From: bitcoin-dev On Behalf Of Sebastian Geisler via bitcoin-dev Sent: Monday, November 30, 2020 3:03 PM To: bitcoin-dev@lists.linuxfoundation.org Subject: [bitcoin-dev] Out-of-band transaction fees Hi all, the possibility of out of ban

[bitcoin-dev] Out-of-band transaction fees

2020-11-30 Thread Sebastian Geisler via bitcoin-dev
Hi all, the possibility of out of band transaction fee payments is a well known fact. Yet it has been mostly discussed as an annoying inevitability that can be problematic if on-chain fees are to be used as a consensus parameter. The potential use cases have seen little interest though (please cor