Add to that you might end up paying the same or more in the amount of fees as you do for the item itself
BSV is what we all expect of modern day transactions. Fast, low fees, and no intermediary
The more I use it the more I don't get the cryoto consensus
Post by BrendanM
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. ???
What the chain says
- Block
- 665 147
- Time
- 2020-12-11T16:05:02Z
- Signer
- 1HtFZkiCaAgs1bGgQ5krq59jw64KyVWH79
- App
- twetch
- Type
- post
- Content type
- text/plain
Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.
Signed by
1HtFZkiCaAgs1bGgQ5krq59jw64KyVWH79 VerifiedReplies (1)
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.