Saturday, 23 May 2020

Btc future transaction price increase

I read somewhere that the transaction fees are 15% of the mining rewards. In the future, if we want to keep the mining rewards the same, the transaction fees need to go up by a factor of 6-7 to compensate for halvings.

Otherwise, the security of the network will fall.

submitted by /u/LarsPensjo
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source https://www.reddit.com/r/btc/comments/gozq11/btc_future_transaction_price_increase/

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