What Is a ‘Whitelisting’ Policy for Zero-Fee Transactions?
A 'whitelisting' policy for zero-fee transactions is a custom rule set by a miner or mining pool to allow certain zero-fee transactions to be included in their blocks. This policy is typically reserved for their own internal transactions, such as payroll or fund consolidation, to ensure they are confirmed without a fee.
It is a deviation from the standard profit-maximizing algorithm, which would otherwise reject all zero-fee transactions. This policy ensures operational efficiency for the mining entity.
Glossar
Operational Efficiency
Execution Speed ⎊ Operational Efficiency in derivatives trading platforms is measured by the latency between order submission and execution confirmation, coupled with the speed of collateral updates and margin adjustments.
Policy
Framework ⎊ A policy, within cryptocurrency derivatives, options trading, and broader financial derivatives, establishes the foundational rules and guidelines governing market participation, risk management, and operational procedures.