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Date: Wed, 24 Jun 2015 02:14:22 -0400
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From: grarpamp <grarpamp@gmail.com>
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Subject: Re: [bitcoin-dev] Draft BIP : fixed-schedule block size increase
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On Tue, Jun 23, 2015 at 4:50 PM, Peter Todd <pete@petertodd.org> wrote:
> In particular, note how this bump is being proposed at a time when
> blockchain space demand is so low that transactions usually cost well
> under a penny each
Recent averages seem to be offering around $0.04...
https://tradeblock.com/blog/bitcoin-network-capacity-analysis-part-2-macro-transaction-trends
With various stress tests indicate needing 10x more...
http://www.reddit.com/r/Bitcoin/search?restrict_sr=on&q=stress+test+fees
> a insignificant amount of money for almost all
> use-cases.
Penny stocks? Voting? Notarizing?
There's a whole ecosystem of non-purchase cases
for which non-profit-mining fees are enabling.
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