ODELL on Nostr: Bitcoin transaction fees limit network abuse by making usage expensive. There is a ...
Bitcoin transaction fees limit network abuse by making usage expensive. There is a cost to every transaction, set by a dynamic free market based on demand for scarce block space. It is an incredibly robust way to prevent spam without relying on centralized entities that can be corrupted or pressured.
https://www.discreetlog.com/high-fees/Published at
2023-05-09 14:41:04Event JSON
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"content": "Bitcoin transaction fees limit network abuse by making usage expensive. There is a cost to every transaction, set by a dynamic free market based on demand for scarce block space. It is an incredibly robust way to prevent spam without relying on centralized entities that can be corrupted or pressured.\n\nhttps://www.discreetlog.com/high-fees/",
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