11.9k sats \ 0 replies \ @0xB10C OP 21 Dec 2023
I was curious how the new OCEAN block templates compare in terms of fees. Here's a quick-and-dirty client-side tool that connects the OCEAN web sockets and plots the fees in the template: https://0xb10c.github.io/ocean-xyz-templates/
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38 sats \ 0 replies \ @ncryppt 21 Dec 2023
I get weird vibes from Ocean, even though I like this idea of giving the miners an option of which template to use
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152 sats \ 0 replies \ @freetx 22 Dec 2023
This is a step in the right direction. Ultimately the "inscription problem" is best handled by miners penalizing "data transactions" over "financial transactions" in template construction.
Just as an example, imagine if mining pools agreed to impose a 2x median fee penalty on "data transactions". So if your inscription transaction wasn't at least paying double the median fee, then it would get excluded from that block template.
This would wind up being a win-win-win for all. Miners win because they get greater fees, Users win because regular financial transactions have a priority, and Shitconers win because they get a known and predictable cost to their shitcoinery.
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10 sats \ 0 replies \ @windward 21 Dec 2023
they really want knots to be a thing, huh?
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10 sats \ 3 replies \ @phatom 21 Dec 2023
No matter what, always choose Core
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0 sats \ 2 replies \ @bitcrazy 22 Dec 2023
You can't be serious. Oh I just realized you must be a bot. Moving on..
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0 sats \ 1 reply \ @phatom 22 Dec 2023
I guess everyone is a bot nowadays, so keep moving
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0 sats \ 0 replies \ @bitcrazy 22 Dec 2023
I just realized I'm a bot too. :D
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5 sats \ 2 replies \ @nikotsla 21 Dec 2023
Some game theory there "OCEAN will continue its 0% promotional pool fee for options 1 & 2 while there will be a competitive pool fee of 2% for option 3."
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313 sats \ 1 reply \ @byzantine 21 Dec 2023
this is so dumb....the pool should just mine the highest fee blocks possible.
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0 sats \ 0 replies \ @bitcrazy 22 Dec 2023
You don't seem to get it. The goal for this is to decentralize the mining template specifically. Not to tell miners to mine less fees...
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0 sats \ 0 replies \ @broadmode 22 Dec 2023
Embarrassing launch overall.
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