List of Flash News about fee routing
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2025-09-05 06:08 |
Adam Back Proposes 1-of-n Multisig Wallet Fee Routing to Favor BTC Mining Pools Rejecting JPEG Inscriptions, Warns of Centralization Risks
According to Adam Back, a wallet-level fee routing sketch would send the minimum network fee on-chain while directing the remainder of the dynamic fee to a 1-of-n multisig controlled by mining pools that reject JPEG inscriptions, with the goal of depriving pools that process such transactions of fee revenue, source: Adam Back on X, Sep 5, 2025. According to Adam Back, he notes that implementing this without introducing new centralization risks is difficult, explicitly flagging centralization trade-offs in the approach, source: Adam Back on X, Sep 5, 2025. According to Adam Back, the stated intent directly targets miner revenue distribution and transaction selection incentives in the BTC fee market by shifting fees toward inscription-filtering pools and away from pools that include those transactions, source: Adam Back on X, Sep 5, 2025. |