What does the halving mean? It means if you're a miner or a user, you need to think about what chain survives when the block rewards becomes 100% fees.
Currenty BSV fees are about 0.11% of block reward going to 0.22%
BTC fees are 4.9% going to 9.8%
Post by twetch#7196
BTC fees track the price because the main use of Bitcoin is as a form of digital gold. BSV transactions already exceed those of BTC, the "killer app" for miners will be a higher value transaction or millions of small ones.
What the chain says
- Block
- 632 869
- Time
- 2020-04-30T13:35:48Z
- Signer
- 1J4mNnGkzH2idnfMp4ijGuxdypT6XNvQM9
- App
- twetch
- Type
- post
- Content type
- text/plain
- Name in tx
- twetch#7196
Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.
Signed by
1J4mNnGkzH2idnfMp4ijGuxdypT6XNvQM9 Verified