Transaction fees are part of the Bitcoin white paper written by satoshi, they were not required at the beginning because there was little demand for block space.
Without the fees we would have 4MB blocks filled with inscriptions, without the fee the miners would not even know which transaction to take first, they would take transactions at random because they would have no economic incentive to mine transactions.
leohaf / Léo
npub1yw…g6ejf
2023-10-19 11:36:01
in reply to nevent1q…ydzz
Author Public Key
npub1ywjjp4dup38veklgw44p2d24n9yze8e4u4gpxwm49ka6rjvyu9dsfg6ejfPublished at
2023-10-19 11:36:01Event JSON
{
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"pubkey": "23a520d5bc0c4eccdbe8756a15355599482c9f35e550133b752dbba1c984e15b",
"created_at": 1697715361,
"kind": 1,
"tags": [
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[
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],
"content": "Transaction fees are part of the Bitcoin white paper written by satoshi, they were not required at the beginning because there was little demand for block space.\n\nWithout the fees we would have 4MB blocks filled with inscriptions, without the fee the miners would not even know which transaction to take first, they would take transactions at random because they would have no economic incentive to mine transactions.",
"sig": "e0b95e66019cc570db9744a6943a90934e90ecbf66a0961fddffe23b32c3c8ce6d929e7c634db135b9224ed801102a84e14d3d4f00224a83a785a21868c2f5c5"
}