Gregory Maxwell [ARCHIVE] on Nostr: 📅 Original date posted:2017-07-07 📝 Original message:On Fri, Jul 7, 2017 at ...
📅 Original date posted:2017-07-07
📝 Original message:On Fri, Jul 7, 2017 at 11:27 PM, Luke Dashjr via bitcoin-dev
<bitcoin-dev at lists.linuxfoundation.org> wrote:
> Larger block sizes is not likely to have a meaningful impact on fee pressure.
> Any expectations that do not match the reality are merely misguided, and
> should not be a basis for changing Bitcoin.
I think it's very clear that they will in the very short term
(https://anduck.net/bitcoin/fees/4320_blocks.php note the rate drops
when demand falls below supply). But I agree with you if you mean a
somewhat longer term e.g. a year out.
📝 Original message:On Fri, Jul 7, 2017 at 11:27 PM, Luke Dashjr via bitcoin-dev
<bitcoin-dev at lists.linuxfoundation.org> wrote:
> Larger block sizes is not likely to have a meaningful impact on fee pressure.
> Any expectations that do not match the reality are merely misguided, and
> should not be a basis for changing Bitcoin.
I think it's very clear that they will in the very short term
(https://anduck.net/bitcoin/fees/4320_blocks.php note the rate drops
when demand falls below supply). But I agree with you if you mean a
somewhat longer term e.g. a year out.