Post
Topic
Board Bitcoin Discussion
Re: Excessive Bitcoin fees
by
franky1
on 13/02/2024, 04:10:45 UTC
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?

they cant get kickback from miners, as if they could they would have in last 15 years..
their kickback is make bitcoin expensive and annoying to promote the sandbox unfinished subnetworks that facilitate middlemen fee's for routed payments between institutions that sponsor them
(look into river financial hosting most of the LN liquidity and sponsoring core devs as one of many examples)