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by miguelrochefort
3288 days ago
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> Transactions won't be free. Somebody has to do some mining. Proof-of-Stake (as opposed to Proof-of-Work) will change that. > Some googling indicates that a typical bitcoin transaction costs about two dollars today. This is because Bitcoin reached the limit of transactions that can fit in a block, which causes a bottleneck, which increases fees. This has been fixed for other cryptocurrencies, and Bitcoin will soon (August 1st) fix it. |
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