Post
Topic
Board Bitcoin Technical Support
Merits 2 from 1 user
Re: [May 2023] Fees not low! Wait for opportunity to Consolidate your small inputs
by
BlackHatCoiner
on 08/07/2023, 15:24:15 UTC
⭐ Merited by mikeywith (2)
blocks will have to increase in size at some point the future there is no denial about it
There is denial about this, for if there wasn't, we'd have already switched to Bitcoin Cash. But I'm looking forward to see how the block size limit increase proposal will look like.

It's the same here, why everyone assumes there will be 7 times more people spamming the chain with brc-20 with the same fees?.
I have already pointed you out that the car analogy is flawed in the past. The median fee will surely go down, but the transactions will increase (or at least, the total size to be confirmed). Not because we will have 7 times more people doing transactions (as in cars), but more transactions made by a few people. Just take the BSV as an example, which is barely used as currency, and the blocks were filled with movies, because it's simply cheap and possible.



Btw, sorry for bumping these. I just noticed they're posted in May. Scaling is always relevant anyway.