Justus Ranvier [ARCHIVE] on Nostr: ๐ Original date posted:2014-12-30 ๐ Original message:-----BEGIN PGP SIGNED ...
๐
Original date posted:2014-12-30
๐ Original message:-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA256
On 12/30/2014 10:47 AM, Jorge Timรณn wrote:
> What services? I must be missing something obvious about the
> motivation. I understand the difference between "paying to myself
> only when I mine the next block" and "offering fees to whoever
> mines this tx". But how does allowing miners to pay to themselves
> in this way help with security and future lower subsidies at all?
I don't know what Sergio Lernet meant about miners paying themselves
and future network security.
If miners wanted to offer value-added services, especially if those
services involved adding specific scripts to the outputs of the
generation transaction, the most natural way for their customers to
pay them is to allow inputs to the generation transaction.
It could also be done with pay-to-fee transactions, but that would
make the services more expensive due to risk premium.
- --
Justus Ranvier | Monetas <http://monetas.net/>
<mailto:justus at monetas.net> | Public key ID : C3F7BB2638450DB5
| BM-2cTepVtZ6AyJAs2Y8LpcvZB8KbdaWLwKqc
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๐ Original message:-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA256
On 12/30/2014 10:47 AM, Jorge Timรณn wrote:
> What services? I must be missing something obvious about the
> motivation. I understand the difference between "paying to myself
> only when I mine the next block" and "offering fees to whoever
> mines this tx". But how does allowing miners to pay to themselves
> in this way help with security and future lower subsidies at all?
I don't know what Sergio Lernet meant about miners paying themselves
and future network security.
If miners wanted to offer value-added services, especially if those
services involved adding specific scripts to the outputs of the
generation transaction, the most natural way for their customers to
pay them is to allow inputs to the generation transaction.
It could also be done with pay-to-fee transactions, but that would
make the services more expensive due to risk premium.
- --
Justus Ranvier | Monetas <http://monetas.net/>
<mailto:justus at monetas.net> | Public key ID : C3F7BB2638450DB5
| BM-2cTepVtZ6AyJAs2Y8LpcvZB8KbdaWLwKqc
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