Quote from: franky1 on February 12, 2024, 07:15:30 PM

Quote from: lombok on February 12, 2024, 07:06:17 PM

As many of the members above have said, if Bitcoin fees go up and it happens for a very long time, the first thing the devs do is find a way out so that Bitcoin fees go down again. The ups and downs in Bitcoin fees won't happen forever, maybe only for a few days. Improvisations will continue to be made, updates will also continue to be made to improve the system in the Bitcoin Blockchain so that it is able to process more transactions and at low costs.

bitcoin devs knew of the exploit that would allow junk into the blockchain in 2016 when they were designing changes to bitcoin.. they ignored the problem
bitcoin devs knew of the exploit when it started to be abused in 2023(ordinals).. they ignored the problem

bitcoin since 2016 has multiplied from $1k to $70k yet they didnt put in fee bump, dust, fee rate changes to effectivelly allow fee's to even be 10x less to stay within reasonable range
instead they changed fee bump from 1sat/byte(1000sat/kb) to 5sat/byte (5000sat/kb) in 2017
they should have in those years changed to 100sat/kb(1sat/10byte)

so if you are waiting for devs to do something. you have already been waiting 7 years.. so.. when?

ill ask again
anyone else think that the next node release should measure fees in bumps of 1sat per 10byte(100sat/kb)
instead of 5sat per byte(5000sat/kb) bump default, especially when entering the year of the next halving cycle/ATH year

where by if a 226byte tx was
266sat(1sat/byte) then 1356sat (6sat/byte) then 2486sat(11sat/byte) defaults
but instead were starting from
23sat(1sat/10byte) 46sat(2sat/10byte) 68sat(3sat/10byte)

Sure, it sounds reasonable to me for base fee to adjust in order to reflect increasingly valuable satoshis.
In fact, your account makes me think... what if devs conspire to keep base fee high in exchange for kickbacks from miners?