Post
Topic
Board Bitcoin Discussion
Re: Bitcoin XT - Officially #REKT (also goes for BIP101 fraud)
by
brg444
on 09/10/2015, 15:52:58 UTC

Blocks are full, transactions are backing up, fees are rising such that it would make a significant difference to the block reward if you could include twice as many transactions.


I mean..... Cheesy

Do you even economics?

I think your confusion is trying to apply economics to something that is grade school math,

100 transactions with a 0.1 fee = 10BTC reward

200 transactions with a 0.1 fee = 20BTC reward

heres the complicated bit, pay attention

20 > 10

Jesus christ you are stupid.

So subsidizing transactions by increasing supply will keep average transaction fee constant. Got that...  Cheesy