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> Imagine a mining "optimization" which involved miners making only empty blocks. Transaction fees are going up and the block reward is dropping so long term t
by 6nf 10y ago
> Imagine a mining "optimization" which involved miners making only empty blocks.
Transaction fees are going up and the block reward is dropping so long term this won't be a problem. Miners mining empty blocks will not make money any more.
- AgentME 10y agoASICBOOST gives a +30% efficiency boost requiring empty blocks in some cases. Transaction fees would have to be more than 30% of the block reward to be make them worth it over ASICBOOST.
- TD-Linux 10y agoAnd note that both the overt and covert methods of ASICBOOST work on normal blocks, though they make block generation harder and so likely increase the number of empty blocks seen.
- jcoffland 10y agoThe ASICBOOST encourages empty blocks argument does not make sense to me. How would you permute the Merkel tree without any transactions in it? More transactions would give you more permutations. Does this have something to do with transaction ordering requirements?