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by Robotbeat 1861 days ago
Right. That’s what Satoshi wrote in their paper.

But throughput and fees are related, of course. As I noted, low transaction throughput combined with high popularity means very high fees. Fees get bid up. So to maintain low fees while having high popularity, you need high transaction throughput.
1 comments
saalweachter 1861 days ago
Hmmm, working the other way, if your goal is to process 100k transactions / second, with each transaction being 1/100th of a cent and your transaction fees being 1/100th of that, your budget for operating your network would be, what, $3M / year?
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Robotbeat 1861 days ago
True centi-cent microtransactions like that is going to need probably tens of millions (or even billions) of transactions per second.
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