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Keep in mind that the cost-per-transaction is the total value of the block reward of a block (currently 25 BTC + fees) divided by the number of transactions con
by grubles 11y ago
Keep in mind that the cost-per-transaction is the total value of the block reward of a block (currently 25 BTC + fees) divided by the number of transactions confirmed on the network in that block.
- mpyne 11y agoOh, I'm quite aware. So are the miners, and so are the Bitcoin core developers, who are increasingly starting to think that Bitcoin will never be able to shift completely over to miners' fees as a way of funding the Bitcoin network, and that the existing block reward subsidy (read: money supply inflation) might have to continue instead of being phased out the way Satoshi had envisioned.