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RE: Dan Larimer and Satoshi's 2010 Interaction: Does Steem Solve Bitcoin's Scaling Problems?

in #bitcoin8 years ago

It's just not the number of transactions, but also which transactions to process. In BTC, it is the miners who decide which transactions to process. They charge a fee for the processing. Steem uses a different method of Consensus. I haven't been very interested in the topic of Consensus, but you have pointed out to me that this is murky and gray area for me. So ty, and I'll become more knowledgeable.

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yeah so is it true that the miners will pick the higher reward transactions before the lower ones?

Not only that, but it leads to censorship/corruption on the part of miners. You migh also want to check out another post.