Post
Topic
Board Bitcoin Discussion
Re: ToominCoin aka "Bitcoin_Classic" #R3KT
by
BitUsher
on 28/05/2016, 18:24:46 UTC
The fastest and cheapest transaction fee is currently 60 satoshis/byte, shown in green at the top.
For the median transaction size of 226 bytes, this results in a fee of 13,560 satoshis (0.05$).[/i]

5 pennies is a lot for roger because he wants to resurrect Feed ze birds which is only possible with "free" or extremely cheap tx fees. Thus he has 2 choices , encourage the community to subsidize his project regardless of the externalities and consequences or contribute towards payment channels or the LN. He has chosen the first option for some odd reason . Technical incompetence and /or impatience?

Instead of ranting about how bandwidth, storage and CPU hashing power is going to be amazing in 10 years he would be better off focusing on assisting us get there one way or another rather than making assumptions.