2.84 BTC in fees, one block.
Almost as much as the next block subsidy.
Discussion
Nuts.
I think it's good that the miners make money and the blockchain is full. With rising prices, the on-chain transactions with NFTs will say goodbye again anyway...the fees will sort out.
and if not bc it's ppl close to the moneyprinters who DGAF, there's other things to consider. I've heard.
we'll see :D
The blocks aren't full though. Look at their sizes.
The blocks are already very well filled, even if they are not 4 MB. But this case only occurs when transaction data and signature data both happen to be maximally filled. And fortunately, that happens very rarely. Small blocks guarantee decentralization, so we should be happy with it the way it is. And yet we should also be satisfied that the network is being used. Any usecase is good and will sustain the network over time. The open market will take care of that. :)
Crazy
Who said transaction fee is not sustainable?
It is not enough they have to be degen they have to be dumb as well π€¦πΌββοΈ
Miners are pumped! The rest of us, not so much.
It's happening much sooner than I expected. My LN channels suddenly feel more valuable.
The real question is will fees flippin block rewards before the halving
Perhaps a preview of how transaction fees can sustain the system when block rewards are depleted
Exciting
This is good for Bitcoin!
