4 ms·
There was a spam campaign for the last 9 months from the pro-centralization camp to drive fees up to fit their narrative that we needed centralization (bigger b
by rothbardrand 9y ago
There was a spam campaign for the last 9 months from the pro-centralization camp to drive fees up to fit their narrative that we needed centralization (bigger blocks). But that stopped when segwit became clear it would lock in, and not free transactions are clearing.
In the past several weeks I've done transactions for less than a dollar that cleared in the next block. (the cost is more to do with size than the amount of money-- $1m in a single address costs a lot less than $1m in 1M addresses)
Unfortunately due to the lingering effects of the spam attack, some fee estimation software is way off.