Post
Topic
Board Bitcoin Discussion
Re: Fees are killing/have killed Bitcoin.... it is sad but true.
by
Anti-Cen
on 23/01/2018, 20:39:14 UTC
Yes fees have killed it and sent me off down the road of looking at the Lightning Network
and for those of you who don't know yet it includes banking hubs and not just Bob and Alice
like they want you to believe https://bitcointalk.org/index.php?topic=2776719.msg28395400#msg28395400

the fees are 6 bucks for a median transaction

https://bitcoinfees.earn.com/

it says
Quote
The fastest and cheapest transaction fee is currently 220 satoshis/byte, shown in green at the top.
For the median transaction size of 225 bytes, this results in a fee of 49,500 satoshis.

I am not a human calculator so how do you get from 49,500 to $6 and why don't they just show in
in the first place