Post
Topic
Board Economics
Re: How would the ecosystem change if the fees came back to the user after 1 year?
by
stomachgrowls
on 26/10/2021, 22:21:53 UTC
We have transactions fees, to avoid creating tons of transactions and increase the blockchain size to a extreme amount.

Those transactions fees are sent to the next user who is the miner.

How would the economy of a coin would change if instead of sending the transaction fee to be mined, the transaction fee was frozen and 1 year after it it would be sent back to the wallet. The user wont lose that money, but still can't keep making tons and tons of transactions to spam the blockchain.
Thats not how blockchain works because there would be no miners on the first place since they do know that they couldnt make out money because we do know on how fee works.

We cant just expect that those fees that we've been used would go back to the user after 1 year?  Turns out that you arent
willing on paying up fee on something you had transacted?

Keep in mind that you are paying for a service and those arent just for free.