Post
Topic
Board Bitcoin Discussion
Re: Ordinal blockchain irking me, causing almost $40 median fee now...
by
ETFbitcoin
on 23/12/2023, 08:38:32 UTC
I just hope the miners get tired of all these.

miners are not involved.. they have no decision on transactions

POOLS decide on the transactions.. hope POOLS get tired of it
But since the mining pool is a group of miners they still can't do anything with it.
--snip--

But don't expect pool to follow miner's demand, unless many of them retaliate by moving to different pool.

Can anti-Bitcoin trolls use that to take advantage and spam the network? Yes they could, but it will come with a cost of paying higher fees. The bad-actors will waste their Bitcoins merely to cause a temporary inconvenience. From Bitcoin's viewpoint, where did it fail? Because it didn't. It's still chugging along producing block after block, incentiving miners for providing security the network.

Almost 2 months is more than temporary inconvenience[1].



[1] https://blockchair.com/bitcoin/charts/average-transaction-fee-usd