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).
Post by twetch#1933
For the reference: erc20 transfer is about $0.5, eth transfer is about $0.2. I like 20 inputs for erc20 :D
What the chain says
- Block
- 661 213
- Time
- 2020-11-14T09:55:45Z
- Signer
- 1L4RWaXx93KZoe1sbLpN4YMhD7PXhVw5kd
- App
- twetch
- Type
- post
- Content type
- text/plain
- Name in tx
- twetch#1933
Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.
Signed by
1L4RWaXx93KZoe1sbLpN4YMhD7PXhVw5kd VerifiedReplies (3)
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...
I think we need it around cent to attract eth people, there are a lot of utility lost compared to erc20s.
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.