remember that, if i'm right, and full blocks are indicating additional incremental demand due to currency crises, this is going to be a more regular thing. this is what we've theorized about for years. the network HAS to be ready if you want to Moon.
1MB isn't going to cut it. right now, unconf tx's are now up to 10000 with now >5TPS delays.
To be clear, I agree. Smoothly adjusting fees are another tool in the scaling toolbox, though, and should be ready for use as well. (Where we're going, a 8 or 20x increase all by itself might not cut it.)
i'm not sure i get that.
if you're saying where we're going is Moon, then how can a 1MB cap (assuming SC or LN take a year) even with wallet fee capability, result in a smoothly adjusting fee increase as we consistently hit the 1MB cap? if anything, it will go parabolic in a chaotic fashion and result in extremely poor user experience and subsequent rejection.