This is expected I suppose....as subsidy gets cut miners will need to come up with additional revenue schemes.
I'm willing to bet someone comes up with a "monthly service" fee for large customers. Something like pay X sats and get fast-lane access for the entire month....
Maybe payment processors + Exchanges + large financial institutions would.
The unknown is if your pool doesn't win the next several blocks...but I guess the argument is if a large mining pool has 20% of the hash rate, then they should get 1 out of ever 5 blocks on average.
Nah, this is basically for getting non-standard TXs on the chain.
Payment processors, exchanges and large financial institutions doing normal TXs don't have any need to bypass the spam filters. Going through the normal mempool is cheaper and faster.
By default, Bitcoin nodes frequently exclude large and non-standard transactions from Bitcoin’s mempool, even if these transactions adhere to the Bitcoin network’s consensus rules. As a result, complex Bitcoin transactions are often delayed or unprocessed. To encourage experimentation and development on Bitcoin and to enable and expedite the processing of large or complex transactions that comply with Bitcoin’s protocol, Marathon has launched Slipstream.
Is this a reaction to Ocean filtering transactions?
Marathon is the first Bitcoin mining company to offer a direct transaction submission service.
Haven't there always been ways to get pools to accept transactions directly?
Maybe I am completely missing the point. I have no experience in this.
This is expected I suppose....as subsidy gets cut miners will need to come up with additional revenue schemes.
I'm willing to bet someone comes up with a "monthly service" fee for large customers. Something like pay X sats and get fast-lane access for the entire month....
Not a bad idea. Although I wonder how regularly people use these services.
Maybe payment processors + Exchanges + large financial institutions would.
The unknown is if your pool doesn't win the next several blocks...but I guess the argument is if a large mining pool has 20% of the hash rate, then they should get 1 out of ever 5 blocks on average.
Nah, this is basically for getting non-standard TXs on the chain.
Payment processors, exchanges and large financial institutions doing normal TXs don't have any need to bypass the spam filters. Going through the normal mempool is cheaper and faster.
Is this a reaction to Ocean filtering transactions?
Haven't there always been ways to get pools to accept transactions directly?
Maybe I am completely missing the point. I have no experience in this.
It could be. Before Ocean there were still incentives to do this though.
Yes, some more easily than others. There's been a lot more interest recently. mempool.space launched an acceleration service sometime last year.
Correct, seems just marketing.
No surprise, Marathon are bad actors.
The sooner we upgrade the default filtering to include the latest batch of exploits the better. Miners will fall in line, as usual.
Like it or not, Core policy is seen as a proxy for consensus and miners take direction from that. Core devs are letting Bitcoin down right now.
Change consensus if you want to change Bitcoin.
Via BTC has been doing this for years. Where did this word "acceleration" come from?
mempool.space
Yes good post send me please 🙏
https://m.stacker.news/17337