Gavin is right about one thing however. The sky will not fall because of full blocks.
Now please return to the normal Chicken Little routine. It would be so quite in here without your panicked squawking.
Now please return to the normal Chicken Little routine. It would be so quite in here without your panicked squawking.
you have no idea what a true fee mkt is. it's not what we're getting now. the above graph i just put up shows tremendous stress on Bitcoin usage by new and existing users. what's ironic is that the continuous stream of full blocks is a reflection of miners begging for bigger blocks so that they can chew through that mempool in an instant. that "clearing" of the mempool would enforce losses on the spammer. right now, they can just recycle their spam as it gets deleted every 24 h while still causing damage to the user experience.
get your head out of your ass.
Oh, touchy touchy! You really don't like it when I use facts, logic, and humor to highlight the contradictions and unsupported assertions in your worldview.
How precisely does increasing the minimum fee from ~2 to ~5 cents "damage to the user experience?"
Can you explain that as easily as I can explain how undercharging for use of an incredibly valuable service, which consumes ~1.5 days worth of an avg US home's electricity, damages the long term signalling/incentive structures of the system?
