Miners promised 274 BTC for the first block more than 1MB

in #mining7 years ago (edited)


Miners The so-called "Save Network" initiative, expressed in the transaction, behind which 273.99971476 BTC commissions, will be assigned to the miners only after the nodes are updated to include transactions larger than 1 megabyte. It includes 99,940 outputs that have zero value, which anyone can spend.
"This allows anyone to create a child transaction to add another incentive for the miners to increase the maximum block size," notes the Reddit user in the comments to the SaveTheChain topic.
Such a transaction is considered "non-standard" by the majority of complete nodes. Therefore, the miners need to configure their nodes in a certain way to get this transaction. In addition, the remaining nodes will not translate this transaction or any of its child transactions. That is, you can get it only with the support of the majority in the network.
The outcome of the scaling debate

The proposed solution arose against the backdrop of increasingly tightened debates on Bitcoin's scaling, accompanied by mutual insults and irreconcilable positions of the participants in the discussion, among which are prominent community figures.
For example, this week on his Twitter account, Gavin Andresen called Greg Maxwell (Greg Maxwell) and Samson Mow (Samson Mow) of Blockstream "toxic trolls."
Not long ago, Blockstream fell victim to the criticism of Rick Falkvinge, the founder of the Swedish Pirate Party, who accused the company of supporting SegWit only because it owns technology patents. Maxwell and founder of Blockstream Adam Back (Adam Back) denied the statement Falkwinge.
Previously, supporters of SegWit more than once accused the main supporters of Bitcoin Unlimited, especially Bitmain - in the use of vulnerabilities in the mechanisms of Bitcoin mining, as well as in the ability to stop mining on devices from Bitmain.
While bitcoin continues to appreciate, and commentators emphasize strong benchmarks for crypto currency, such as investment opportunities, it seems that the stalled debates about scaling are less and less of a concern to the community.
The most popular supporter of SavetheChain initiative was expected to be one of BU developers, Peter Rizun, editor of Ledger Journal, who described the project as "an excellent job" and said:
"Now we need someone who will create a site in which people can send child transactions with high commissions for miners, and a site that can track the amount of rewards available to the miner or miners. This would be a good advertisement in favor of increasing the size of the block. "
Current statistics show the continuing separation of Bitcoin Unlimited from SegWit in terms of support by the miners - in the last week of the decision received 41.5% and 35.4% of the votes of the miners.

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