Post
Topic
Board Bitcoin Discussion
Re: Cost and Confirmation time of Bitcoin Transactions
by
tomsmi321
on 18/05/2014, 02:23:18 UTC
The democratic solution would be that if you use bitcoins then you should also be mining bitcoins as the system gradually moves from being rewards based to transaction fee based with the increasing difficulty of bitcoins. That way electricity costs ect would be hugely spread out among users and average trasaction costs would stay low. To get a hosted wallet u should be required to devote a small part of ur computers time to mining IMO.