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Title: 3rd party transaction fee business Post by: TTBit on December 06, 2013, 04:46:12 PM Has a 3rd party transaction fee business been discussed? A business keeps a public database of transactions. If one of the tx are included in a block, a bounty is paid to the newly generated coin address. Miners can choose to look at this database or ignore it, but they will get the bounty regardless. * The 3rd party now has an incentive to include as many tx as possible, and could pay less for small blocks, more for larger ones - enough to offset the cost of not including them (not sure if the economics of that work out). * could negotiate with MtGox / BitPay for bulk rates on transactions, customers wouldn't have to worry about fees sending or receiving. |