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> most bitcoin blocks this year have transaction fees greater than the block reward What? [1]https://bitinfocharts.com/comparison/bitcoin-fee_to_reward.html#1
by rspeele 3y ago
> most bitcoin blocks this year have transaction fees greater than the block reward
What?
[1]https://bitinfocharts.com/comparison/bitcoin-fee_to_reward.html#1y https://bitinfocharts.com/comparison/bitcoin-fee_to_reward.h...
- yieldcrv 3y agothanks for the data, I stand corrected! I had read an exuberant twitter thread about ordinal inscriptions tl;dr the trend is up with spike periods of transaction fees making up 25 - 45% of the block reward. so with the exact same amount of activity after the next halving it will be 50 - 90%. that's a good indicator of network health and fulfilling its vision of the network sustaining itself after block rewards subside.