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Author Topic: "Game theory" free bitcoin question  (Read 249 times)
squatter
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May 29, 2020, 11:25:13 PM
 #21

It looks that one guy wants to test this game theory. He put 1BTC to segwit wallet and said that it was generated from 12 seed words which will be releasing within the next 30 days:

https://twitter.com/alistairmilne/status/1266037520715915267

As soon as the last words are released, tens or hundreds of people will try to release funds increasing the transaction fee. Let's see if it is the case  Cool

Is he just releasing all the seed words one by one, or is there a puzzle involved with each post? If the latter, then it's conceivable one person will solve it and take the bitcoin before a race develops.

Otherwise yes, it'll be interesting to see whether the highest fee or the first broadcast transaction wins -- or something else entirely, like the miner that finds the next block sweeping it themselves.

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