> But some “fixes” could even backfire and create less fees, or introduce bugs, or damage the incentive structure
> Some soft forks like covenants can be thoughtfully considered for scaling and fee density
Couldn't this be one of these cases? If covenants allow moving a lot of the transactional volume offchain wouldn't this compromise the incentive of a fee market to form in the first place?
Unhosted Marcellus
npub100…dfyy5
2023-09-06 13:12:49
in reply to nevent1q…gqaa
Author Public Key
npub100mahqlhxg50thmt5dyynu40nl25hat9kkkknzk8pqjfkvgq0xsqtdfyy5Published at
2023-09-06 13:12:49Event JSON
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