Replying to Avatar ODELL

bitcoin mempools may never clear again - get your utxo management in order during low fee periods to reduce the fees you will have to pay in the future

https://www.discreetlog.com/utxos/

Avatar
Bauzen 2y ago

As the fees creep up, people will be disincentivized to do on chain transactions…

Reply to this note

Please Login to reply.

Discussion

Avatar
Zach⚡️ 2y ago

Build the L2!

Avatar
ODELL 2y ago

fees rise when transaction demand goes up

fees decrease when transaction demand go down

"the restaurant is too busy nobody goes there"

Avatar
Bauzen 2y ago

The point still stands tho.

Avatar
DRE 2y ago

True, but many non economical transactions like consolidating or moving funds to another wallet you control will not happen as often. Like someone seeing a long wait time at the restaurant and deciding it’s not worth the time.