Still focused on the subsidy, but I'm guessing this is their fee based strategy, and if that fails, they don't much care because the subsidy is still so high.
Post by twetch#2130
It’s great to see a txs fee market form. We just need massive volume now to push it further. 6.25 is still a high subsidy. But at a point they will be forced to snap up fees too. When this occurs & how long it takes is the interesting part.
What the chain says
- Block
- 634 446
- Time
- 2020-05-11T17:10:48Z
- Signer
- 1CZZWy54SvcU5aGZ6X8ip9M5wBu8vMhDsf
- App
- twetch
- Type
- post
- Content type
- text/plain
- Name in tx
- twetch#2130
Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.
Signed by
1CZZWy54SvcU5aGZ6X8ip9M5wBu8vMhDsf VerifiedReplies (1)
I couldn't agree more.
We need sustainable volume as soon as possible. Real use is the fuel for the entire Bitcoin incentive engine.