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Makes me wonder - would we ever get to a point where it's in Square/Stripe/Coinbase/et. al's interests to contribute mining power to help their own transactions
by theswan 13y ago
Makes me wonder - would we ever get to a point where it's in Square/Stripe/Coinbase/et. al's interests to contribute mining power to help their own transactions along? Or is that pretty much taken care of by transaction fees?
- gojomo 13y agoI suspect they'd just strike deals with existing mining specialists, if and when necessary, perhaps even via out-of-band (non-Bitcoin-transaction) exchanges of considerations.
- wmf 13y agoThere could be a problem with fees from a merchant's perspective because they are chosen by the sender and it's possible that someone could (accidentally or intentionally) pay with a transaction that never confirms. Merchant providers like BitPay/Coinbase/Stripe/Square might benefit from a way to pay fees on behalf of a transaction to ensure it gets confirmed.