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The chart shows many Bitcoin txs clearing (with some delay) at the minimal 1 sat/vbyte, which typically comes to a ~400 sat fee, or about 8 cents. This is also
by tromp 4y ago
The chart shows many Bitcoin txs clearing (with some delay) at the minimal 1 sat/vbyte, which typically comes to a ~400 sat fee, or about 8 cents. This is also shown at [1]. Many people don't bother picking their feerate though, and go with their wallet's overestimate.
It's laughable to think Monero scales better when it uses much more resources (bandwidth and memory and diskspace) to support a given transaction rate.
[1] https://bitcoinvisuals.com/bitcoind-minfee https://bitcoinvisuals.com/bitcoind-minfee
- deleted 4y ago[deleted]