Post by twetch#1784

17DJKz…CNQ2 Key · twetch

It's ~5KB only in that case. I picked 20 inputs and outputs as a good "standard" so that the base contract is ~10KB (not bad trade-off for 20x more inputs/outputs).

What the chain says
Block
661 213
Time
2020-11-14T09:55:45Z
Signer
17DJKzxx6XvzHy41vRTYU91ugMtFY1CNQ2
App
twetch
Type
post
Content type
text/plain
Name in tx
twetch#1784

Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.

Signed by 17DJKzxx6XvzHy41vRTYU91ugMtFY1CNQ2 Verified

Replies (4)

1L4RWa…w5kd Key · twetch
Replying to@17DJKz…CNQ2

For the reference: erc20 transfer is about $0.5, eth transfer is about $0.2. I like 20 inputs for erc20 :D

17DJKz…CNQ2 Key · twetch
Replying to@1L4RWa…w5kd

Doing a 20-way merge at current fee rate, for when BSV is worth $2,000 still costs about as much as any Ethereum transfer.

This is the world's cheapest permissionless FT token solution already.

So far to go still...

1L4RWa…w5kd Key · twetch
Replying to@17DJKz…CNQ2

I think we need it around cent to attract eth people, there are a lot of utility lost compared to erc20s.

17DJKz…CNQ2 Key · twetch
Replying to@1L4RWa…w5kd

At the current BSV price it is about a cent per a typical transaction.

Even if BSV rises 10x to $2000 by then the fee rate will be 0.01 sats/byte and therefore holding at about 1 cent still.