An idea: Cant we create a fund for unconfirmed transactions and confirm them from oldest to newest slowly? I would sent a few satoshis for sure!
hello
you sound interesting but i can't get you clearly please say it again but this time more elaborately with example(s) if possible
thanks
Hello,
Yes of course.
Imagine an online service where you pay a smaller fixed fee and thus would be guaranteed to have your transaction included in the next block the service provider mined.
So as a sender, instead of setting a fee that you think is high enough to be included in a block you would set a really low fee, minimum even, and then pay the fixed fee instead. The fee could in theory be paid with any currency, but most likely easiest with btc.
As a receiver you could easily get any stuck transactions included in a block by paying a small fee. There is no downside for a receiver.
The idea would be to have a person or a group of persons behind the service that run their own miners and mine in a pool to get their own blocks like any miner. But instead of, or apart from, choosing to process only the transactions that have the highest fees like most miningpools do, they would include the transactions that their clients would pay a fixed fee for.
This would possibly create a lower revenue for the miners then if they would mine "normally" but it would provide them with a steady stream of new clients, because nobody wants to pay more then they have to so by offering a lower cost it would quickly be able to become popular.
The same service could offer to include older stuck transaction for free chronologically with partly funds from donations made by its users (clients) and partly the revenue the service make. With the end goal of removing ALL unconfirmed transactions on the network. I am sure that happy users and clients would be happy to round of their payments upwards on the payment page if it was for a good cause like this.
Overtime and if made properly, it and its competition (usually when something works there will be copycats) could reduce the fees in general. Offering a cheaper alternative could lead to less congestion in the network overall.
Update: Maybe even make an ICO to get the startup capital