Interesting point of view. Its obvious that a lot of people would not mind stuff being free, so thats half of your argument gone. Your point that it would somehow not be reliable has been solved already in Thinking about TX propagation.
The concept of “Free transactions” is also missing the bigger picture I tried to explain. This is not just about fees, this is about the wider picture with several metrics. Transactions that have very very low priority need to pay fees. Transactions that have high priority may omit this, but can wait an extra block or two.
This is thus a false assumption, nobody was suggesting a system.
I invite you to look at my post above
where I explain the economics where miners are fully allowed to be greedy, without hurtning the system. No need to trust or distrust.
This statement is shown to be false. Imagine 1 restaurant asking twice the price of all the other ones. The only effect it will have is that they will not get any customers and thus get even less income. Even if 90% of the miners ask for higher fees, the only effect it will have is that people paying lower fees wait for more confirmations.
Your assertion is not supported by basic economics.
Yes. And more to the point, the fee/price should be left to the open market to allow discovery of the optimal. Centrally planned fees, costs, prices etc have been tried and they always cause massive issues. Free market, learn to trust it
First of all, I don’t think that asking people to pay a minimal fee is equal to discouraging them from participation.
My design is that a mining policy prioritizes transactions for inclusion. And transactions that need to be in the same block as 100 of its parent transactions can get that guarenteed by paying a small fee. As the system grows and we reach 10k tx/sec then the amount of fee per transaction is going to be very low in order or for miner to still get a good income every 10 minutes. So don’t worry about this being anything like a high fee.
Like freetrader said; they are paying more because they use more block-space.
The abuse is a good point to take into account should a mining software implement this idea: the cost of doing 1 → 300 and then doing 300 → 1 should not end up costing the same as a 1->1. I’m not worried about this being too hard, finding some good curves to fine-tune this doesn’t seem a big problem and this is not a consensus part so iterate and test.
Notice that this would not be any complexity in the “system”. This would be a better algorithm that miners use to build a block. Even if a small number of miners use this, the benefit would be that the system as a whole becomes more responsive to economic incentives. None of the other components need more complexity.