[Bitcoin-development] Proposal: SPV Fee Discovery mechanism

Mike Hearn mike at plan99.net
Thu Jun 11 10:19:09 UTC 2015


>
> If we assume that transactions are being dropped in an unpredictable way
> when blocks are full, knowing the network congestion *right now* is
> critical, and even then you just have to hope that someone who wants that
> space more than you do doesn't show up after you disconnect.
>

Yeah, my proposal is not intended to function correctly with full blocks,
as Bitcoin cannot work at all in such a state. It assumes that fees only
change slowly and that transactions are being cleared normally.
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