[kalleboo]

> (ii) When the 1 MB block-size is congested (like it is now), miners make significantly more money on transaction fee's.

One thing I've not understood is, if the miners want more money from fees, why don't they just say "we're not accepting into blocks any transactions with fees lower than X"?

If just one large miner with 10% of the hashrate does this, that instantly puts any transaction with a lower fee than that at a 10% chance of being delayed, and if the fee is still reasonable people will pay it just in case.

And it's not like there's a market of miners. A user can't refuse to deal with a miner or choose who gets to confirm their transaction.

[manquer]

This is how priority transactions work.Increasing block size would allow more transactions per second. Less people would then pay for the premium of fast transactions as the normal transaction is fast enough