SaberhagenTheNameless on Nostr: "The stuff you argue about for Bitcoin is the same stuff your other block chains will ...
"The stuff you argue about for Bitcoin is the same stuff your other block chains will need to deal with once they get significant adoption. Which is unlikely ever to happen."
Not true.
Even with the same traffic Monero would have similar fees as it does right now because of dynamic blocksize. The reason Bitcoin fees get high when more people are trying to use it is users are bidding on limited block space to get their transactions in.
Published at
2024-09-09 10:08:26Event JSON
{
"id": "fe947d721d2ca4cd7c8a44dd56c2588634fc25c331f69b10ee0c8af244c6f593",
"pubkey": "af740d198babb8c7b82d0a4718eb354bb3f6af9a98639b85d4a5cf1371caba85",
"created_at": 1725876506,
"kind": 1,
"tags": [
[
"e",
"c4fc1c39487d3ecd6ad6745d935a91af8fb176986f677fc4c9315709ab883764",
"",
"root"
],
[
"e",
"f4354e13c88d107003737f38e8cfc754eab797f0ab8ed7a78374d7c30ffea914",
"",
"reply"
],
[
"p",
"86c79e5aa8c41f68c9a238858b08c4d63c1b0ce6d4fa96d32a90df25bd83b072",
"",
"mention"
],
[
"p",
"43fabde62ffea1aa0ddae7c0ac03b7017e2d864f8665784b00bbfa2f9114c06a",
"",
"mention"
],
[
"p",
"ac3f6afe17593f61810513dac9a1e544e87b9ce91b27d37b88ec58fbaa9014aa",
"",
"mention"
]
],
"content": "\"The stuff you argue about for Bitcoin is the same stuff your other block chains will need to deal with once they get significant adoption. Which is unlikely ever to happen.\"\n\nNot true. \n\nEven with the same traffic Monero would have similar fees as it does right now because of dynamic blocksize. The reason Bitcoin fees get high when more people are trying to use it is users are bidding on limited block space to get their transactions in.",
"sig": "3b23ffb64909d2aa7fb3c7d15063d5a857932fe0fb127f6ca577afe1dbb7e9242025db9ea4cc1cd07cb6a17a2ede321ca848b7f42cb843c0ff29bab762172888"
}