Why Nostr? What is Njump?
2025-04-12 17:06:20
in reply to

drgo on Nostr: Can’t exist. Or must make assumptions to make this chart. Why? Need to accoun for ...

Can’t exist. Or must make assumptions to make this chart.

Why? Need to accoun for number of inputs and outputs. A typical transaction size is roughly 250 bytes. At bitcoin price of $100k, at 1 sat per vbyte that’s 25¢. A thousand fold fee rate would be $250. At $1M bitcoin and 1000 sat/vbyte fee rate, it’s $2500 per typical transaction.
Author Public Key
npub1fa8c9prxnrlkdtjl48adfsxyaduz8tas075l2n4f6903y9awjmxqanthnd