The point of submitting the transaction would be to incentivize mining by postin... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

		shawnz on March 2, 2021 \| parent \| context \| favorite \| on: Bitcoin Is Time The point of submitting the transaction would be to incentivize mining by posting a bounty for it, in the form of a transaction fee. It would be just like paying other people to mine at a loss on your behalf.

cyphertruck on March 2, 2021 [–]

Ah,I misunderstood your point because I read another reply.

You make an excellent point!

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact