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Bitcoin is horrible for microtransactions. I don't know if there's another blockchain besides Bitcoin's that's better for microtransacations, but Bitcoin ain't
by ssharp 11y ago
Bitcoin is horrible for microtransactions. I don't know if there's another blockchain besides Bitcoin's that's better for microtransacations, but Bitcoin ain't it.
The transaction bandwidth for Bitcoin is laughably small, the ability for bandwidth to be added is limited (see how long current block size debate has gone on), and transaction fees required to get placed into a block add substantial fixed fees that represent a large % fee for micro transactions.
If a Bitcoin microtransaction service ever hit it big, it would immediately cripple the entire network.