Replying to Avatar mattybs

I'm talking about when there is a higher premium for block space, such as during a bull market, paired with the heightened appetite for building on top of Bitcoin.

Ultimately we want there to be higher transaction fees in order for miners to continue to be incentived to secure the network when the block rewards aren't enough. But we did have a scenario with BRC-20s and ordinals made the network near unusable. Are we really just crossing our fingers that it doesn't happen again? Or are we preparing?

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cryptowolf 2y ago

the temporary higher fees dissuade that appetite

this is how bitcoin self regulates, so the spike is always temporary by design.

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