Post
Topic
Board Economics
Re: Increase minimum TXfee
by
philipma1957
on 26/11/2020, 00:56:03 UTC
this would reduce the size of the mempools, and make it easier to run a node, and save space on the blockchain.   It could be done like a difficulty adjustment where the minimum fee increases if the average block is >90% full, and decreases otherwise.

well it is 1 sat per byte or around 0.00000227 btc IIRC

So do we make it 3 sat per byte or around 0.00000881 at the lowest?
 
Lets say we do and btc becomes 100k fee of 0.00000881 x 100,000 = 88 cents minimum

I think the idea is stop gap at best.