3 ms·
> I'm confident that as soon as the need arises, this limit will be increased. Why hasn't the need arised yet? People have been saying this since the limit was
by Jasper_ 12y ago
> I'm confident that as soon as the need arises, this limit will be increased.
Why hasn't the need arised yet? People have been saying this since the limit was introduced, and it hasn't changed.
> Wrong again. At the moment, the recommended minimum fee is 0.03 USD, or 0 for high-priority transactions (those who move large amounts or old coins).
This is before the next halving. Right now, miners get 25BTC for completing a successful block. Satoshi expected that at the time this became halved, fees to the miners would take over. So sending 0.01BTC wouldn't make sense since they'd need 12.5BTC in fees to make it profitable.
The reward will be halved in two years ( http://bitcoinclock.com/ http://bitcoinclock.com/ )