Post
Topic
Board Economics
Re: Are we at the point where we HAVE to pay tx fee?
by
FreeMoney
on 06/05/2011, 05:12:11 UTC
What would happen if someone spammed the network with millions of transactions?

Reminds me of a similar question I'm mesmerizing about:

Who sets the price of transactions? The network or the miners?

If it's the miner, could an entity set up a massive supercomputer, mine most blocks and then set the transaction fees to 99%?

When you send a tx you can add a fee, it's in the options on the newest version. Miners can then put the tx in a block and take the fee, or not, up to them.