{"type":"rich","version":"1.0","author_name":"npub1azvhdrf9fu6n0tm7yez4j6zcxcedp2ct6nrcq3z74naqs7kgpk8s5t2krq","author_url":"https://nostr.ae/npub1azvhdrf9fu6n0tm7yez4j6zcxcedp2ct6nrcq3z74naqs7kgpk8s5t2krq","provider_name":"njump","provider_url":"https://nostr.ae","html":"📅 Original date posted:2015-07-23\n📝 Original message:By using third parties separate from individual miners that do bidding on your behalf you get a mechanism that allows QoS guarantees and shifting the complexity and risk from the wallet with little computational resources to a service with abundance of them. Using timelocked contracts it’s possible to enforce the guarantees.\n\nNegotiating directly with miners via smart contracts seems difficult at best.\n\n\n\u003e On Jul 23, 2015, at 6:03 PM, Jean-Paul Kogelman via bitcoin-dev \u003cbitcoin-dev at lists.linuxfoundation.org\u003e wrote:\n\u003e \n\u003e Doesn't matter.\n\u003e \n\u003e It's not going to be perfect given the block time variance among other factors but it's far more workable than guessing whether or not your transaction is going to end up in a block at all.\n\u003e \n\u003e jp\n\u003e \n\u003e \n\u003e\u003e On Jul 24, 2015, at 8:53 AM, Peter Todd \u003cpete at petertodd.org\u003e wrote:\n\u003e\u003e \n\u003e\u003e -----BEGIN PGP SIGNED MESSAGE-----\n\u003e\u003e Hash: SHA256\n\u003e\u003e \n\u003e\u003e \n\u003e\u003e \n\u003e\u003e\u003e On 23 July 2015 20:49:20 GMT-04:00, Jean-Paul Kogelman via bitcoin-dev \u003cbitcoin-dev at lists.linuxfoundation.org\u003e wrote:\n\u003e\u003e\u003e \n\u003e\u003e\u003e And it's obvious how a size cap would interfere with such a QoS scheme.\n\u003e\u003e\u003e Miners wouldn't be able to deliver the below guarantees if they have to\n\u003e\u003e\u003e start excluding transactions.\n\u003e\u003e \n\u003e\u003e As mining is a random, poisson process, obviously giving guarantees without a majority of hashing power isn't possible.\n\u003e\u003e \n\u003e\u003e \n\u003e\u003e -----BEGIN PGP SIGNATURE-----\n\u003e\u003e \n\u003e\u003e iQE9BAEBCAAnIBxQZXRlciBUb2RkIDxwZXRlQHBldGVydG9kZC5vcmc+BQJVsYyK\n\u003e\u003e AAoJEMCF8hzn9Lnc47AH/28WlecQLb37CiJpcvXO9tC4zqYEodurtB9nBHTSJrug\n\u003e\u003e VIEXZW53pSTdd3vv2qpGIlHxuYP8QmDSATztwQLuN6XWEszz7TO8MXBfLxKqZyGu\n\u003e\u003e i83WqSGjMAfwqjl0xR1G7PJgt4+E+0vaAFZc98vLCgZnedbiXRVtTGjhofG1jjTc\n\u003e\u003e DFMwMZHP0eqWTwtWwqUvnA7PTFHxdqoJruY/t1KceN+JDbBCJWMxBDswU64FXcVH\n\u003e\u003e 0ecsk9nhLMyylBX/2v4HjCXyayocH8jQ+FpLSP0xxERyS+f1npFX9cxFMq24uXqn\n\u003e\u003e PcnZfLfaSJ6gMbmhbYG5wYDKN3u732j7dLzSJnMW6jk=\n\u003e\u003e =LY1+\n\u003e\u003e -----END PGP SIGNATURE-----\n\u003e\u003e \n\u003e _______________________________________________\n\u003e bitcoin-dev mailing list\n\u003e bitcoin-dev at lists.linuxfoundation.org\n\u003e https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev\n\n-------------- next part --------------\nA non-text attachment was scrubbed...\nName: signature.asc\nType: application/pgp-signature\nSize: 842 bytes\nDesc: Message signed with OpenPGP using GPGMail\nURL: \u003chttp://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20150723/569da4c2/attachment.sig\u003e"}