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There's a discontinuity in transaction pricing caused by the fact that Bitcoiners are hitting a hard 1MB limit on the blockchain. It's kind of like the situati
by drcode 9y ago
There's a discontinuity in transaction pricing caused by the fact that Bitcoiners are hitting a hard 1MB limit on the blockchain.
It's kind of like the situation with airliners: If there are empty seats left, it's cheap to add another flier. However, once the seats are all taken, it gets extraordinarily costly to get another passenger on board, to the point that they have to violently evict someone to make a spot available.