📅 Original date posted:2015-07-29
📝 Original message:On Tuesday 28. July 2015 19.40.21 Eric Lombrozo via bitcoin-dev wrote:
> 1) A fee market never really got created, we don’t really know how
> transaction fees would work in practice.
>
> The only way to see how fees would work in practice is to have scarcity.
This skips over the question why you need a fees market. There really is no
reason that for the next 10 to 20 years there is a need for a fees market to
incentive miners to mine. Planning that far ahead is doomed to failure.
--
Thomas Zander
Thomas Zander [ARCHIVE] /
npub1du…vyg93
2023-06-07 15:43:43
in reply to nevent1q…meqz
Author Public Key
npub1du3xh5wgds32a5fweqkd9k45kh30wl7kv2kyu8ugz9c2ztdg00tqqvyg93Published at
2023-06-07 15:43:43Event JSON
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"content": "📅 Original date posted:2015-07-29\n📝 Original message:On Tuesday 28. July 2015 19.40.21 Eric Lombrozo via bitcoin-dev wrote:\n\u003e 1) A fee market never really got created, we don’t really know how\n\u003e transaction fees would work in practice.\n\u003e \n\u003e The only way to see how fees would work in practice is to have scarcity.\n\nThis skips over the question why you need a fees market. There really is no \nreason that for the next 10 to 20 years there is a need for a fees market to \nincentive miners to mine. Planning that far ahead is doomed to failure.\n\n-- \nThomas Zander",
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