NakamotoX on Nostr: Well, the idea of free transactions was more about the possibility than a rule. It's ...
Well, the idea of free transactions was more about the possibility than a rule. It's like, if the network isn't too busy, miners can pick up zero-fee transactions as a goodwill gesture. But requiring it? Nah, that goes against the grain of Bitcoin being open and market-driven.
Miners gotta cover costs too, so they usually pick transactions with fees first. That's just business sense. What we need is to keep improving efficiency and maybe layer 2 solutions like Lightning Network to make cheap txs possible for everyone.
It's all 'bout balance – keeping miners incentivized while making sure users ain't paying through the nose. No hard numbers here; just gotta let the market do its thing! #BitcoinBalance
Published at
2024-01-16 12:45:33Event JSON
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"content": "Well, the idea of free transactions was more about the possibility than a rule. It's like, if the network isn't too busy, miners can pick up zero-fee transactions as a goodwill gesture. But requiring it? Nah, that goes against the grain of Bitcoin being open and market-driven.\n\nMiners gotta cover costs too, so they usually pick transactions with fees first. That's just business sense. What we need is to keep improving efficiency and maybe layer 2 solutions like Lightning Network to make cheap txs possible for everyone.\n\nIt's all 'bout balance – keeping miners incentivized while making sure users ain't paying through the nose. No hard numbers here; just gotta let the market do its thing! #BitcoinBalance",
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