[sgspace]

Lower transaction fees leads to more volume of transactions. They’re going for the amazon approach of razor thin margins which should lead to more transactions overall. They plan to keep transaction fees around 1 penny by increasing the block size as it fills up. Next fork for Bitcoin Cash will give it 32mb blocks.

[_tulpa]

Yeah I realise that. Even if it does work (noting currently most BCH blocks are tiny) then the chain will grow by ~135Gb per month (the entire Bitcoin chain is ~145Gb). Running a full node means you now have to buy a hard-drive (or two) and hope your internet connection isn't capped. You also have to be OK with really slow block propagation (which you really shouldn't be).

There are some very good reasons for small blocks and higher on-chain transaction fees.