Quote from: Similificator on September 02, 2017, 05:25:13 AM

Quote from: New2coin on September 02, 2017, 12:56:56 AM

From what I've read the avg tx fee for BTC is $8+ per transaction (is this correct?) and the avg transaction fee for Bitcoin Cash BCH is 0.3 USD .30 cents (is thao correct?) if so why and how could there be such a difference? I know more miners =lower fees but that much lower? Hopefully someone can shed some light on my confusion. Thanks !

The miners are the one to blame!!! Lol.
But really, the difference is because of the demand of the coin. In the case of BCH, it has kow fees because it has fewer people into it which means fewer transactions. And in bitcoin, there are lots, meaning lots of transactions. And the miners on both sides decide the prices they want to include a transaction in the block or the next. Just like a bus. But the who pays higher gets to ride first.

Riches and hot headeds Cheesy