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John-WOW2 karma
I'd like to thank all three of you for doing this podcast, it's always thought provoking and fun to listen to. Plus, Stephanie does have a very sexy voice... But I do have a question,
How do miners determine which transactions will be confirmed first and which get put to the back of the line? Shouldn't they be confirmed in a 'first come, first serve' basis?
*edit: As well, do you still plan on using some time on the show to go into more detail about mining? I think it was mentioned a few weeks ago that the topic might be explored in further detail.
John-WOW3 karma
Thanks for taking the time to respond!
Could this have an impact on bitcoins adoption into third-world countries if they can't afford high transaction fees and are doing smaller micro transactions? The transactions would eventually get through, but the long wait time could be discouraging.
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