Miners at OCEAN are employing the Coin Age Priority algorithm despite its history of inefficiency, suggesting a preference for financial transactions over maximizing fees.
The methodology used by miners can partition blockspace in various ways, but employing criteria that deviate from feerate inevitably leads to reduced miner revenues.
Prioritizing older coins essentially means that miners are intentionally leaving money on the table, as any criteria not directly linked to feerate results in lesser fees.
Introducing alternative criteria to assess blockspace does not alleviate fee pressure; it simply means that miners earn less while users continue to incur costs.
Collection
[
|
...
]