100 sats \ 5 replies \ @ek 1 Nov 2022 \ on: LN shinanigans. bitcoin
I am still confused by such transactions. Did someone really pay 3.682.719 sats just for this message since it shows up as fees?
But he could have just created another UTXO which sends some amount back to his wallet? I only see one UTXO which is the OP_RETURN.
This is the tx that broke lnd today. It was pretty large and they likely contacted the miner out-of-band to get it in, and at that point likely locked in a high fee rate.
reply
Is 500.14kB really that large? And I thought it's just about the fee rate which is 29.4sat/vB. But looking at the mempool, I see that 29.4sat/vB is not unheard of.
So I guess it makes sense that someone would pay this rate which then results in 3M sats for a transaction this size.
Edit:
Okay, yeah, 500kB is large. It's half a block, lol. (Quarter when accounting for SegWit)
reply
This isnT a “normal” transaction. The 3M+ sats was for a specific miner and the service fee to push out such a tx.
reply
Why specific miner? Wouldn't any miner mine this with such large fees?
reply
Can’t remember which miner has a service that allows for non standard transactions to be included in their blocks. Not all mining pools do this sort of thing.
reply