0 sats \ 1 reply \ @nerd2ninja 6 Jan 2023 \ on: MAD Transactions: Mutual Assured Destruction Transactions bitcoin
Pretty cool, but I see a glaring flaw. Lets so you do this entire mess and then Binance "consolidates" their UTXOs increasing the mempool size above 300mb causing this MAD tx to drop from the mempool?
Edit: I see where it was brought up as a problem, but it doesn't answer the question properly in my mind. It still seems to have glaring issues with it.
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0 sats \ 0 replies \ @DiudeEl 6 Jan 2023 freebie
Good point. It could be a problem, although protocol allows for signing different transactions with increasing higher fees. Also is important to compare with lightning wich is the alternative for instant transactions. The penalty transaction will suffer the same problem of congested mempool. Wich protocol is better comes to personal risk choices.