I like the idea of replacing government controlled currencies. I don't care which one does it. So, I could see fast transactions with low fees being a benefit to mass adoption. It is unclear to me where a fee goes if there is no intermediary though. ???
Post by twetch#15946
The fees are paid to the miners, who under a BSV model start to be thought of transaction processors and less like block reward miners as the block reward tends to zero. They need to scale their HW operation as the transactions quantity scale.
What the chain says
- Block
- 665 218
- Time
- 2020-12-12T04:22:53Z
- Signer
- 1N7n8DUYRPC4Z8Ua2y3pDUccfn8pMrTxif
- App
- twetch
- Type
- post
- Content type
- text/plain
- Name in tx
- twetch#15946
Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.
Signed by
1N7n8DUYRPC4Z8Ua2y3pDUccfn8pMrTxif Verified