High tx fees aren't necessarily a costly signal, and I would say that paying miners for a proof of work service is better than just burning coins. Miners can get extra revenue by simply redirecting their ASICs to profitable boost puzzle transactions.
twetch#1683 6.5y
@24 or whoever else...
How is BoostPoW different from burning Bitcoin? Either by a really high TX fee or by OP_FALSE? Wouldn't the former be better for Bitcoin?
What the chain says
- Block
- 630 224
- Time
- 2020-04-12T05:15:04Z
- Signer
- 1MfKwvZTcc89ZPGypu1z7upQu8LjKYvUzL
- App
- twetch
- Type
- post
- Content type
- text/plain
- Name in tx
- twetch#1927
Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.
Signed by
1MfKwvZTcc89ZPGypu1z7upQu8LjKYvUzL Verified