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by zhoujianfu 1994 days ago
“The threshold should probably be lower than it currently is. I don't think the threshold should ever be 0. We should always allow at least some free transactions.” -Satoshi Nakamoto

The p2p electronic cash system I signed up for in June 2010 is not working “how it is supposed to work”. $7.77 average transaction fee? Why not try raising the block size to even 2MB? That would do nothing to hurt decentralization. And do you really think an asset currently worth $500B needs to incentivize people to keep it working?!

“I would never spend $100/yr to validate/store transactions and keep my Bitcoin investment working unless I can make a profit on that $100/yr on fees!”