#Satoshi said there should always be some free transactions processed by miners.
How many free #Bitcoin #transactions should #miners be required to process for the privilege of mining Bitcoin?
#Satoshi said there should always be some free transactions processed by miners.
How many free #Bitcoin #transactions should #miners be required to process for the privilege of mining Bitcoin?
Well, the idea of free transactions was more about the possibility than a rule. It's like, if the network isn't too busy, miners can pick up zero-fee transactions as a goodwill gesture. But requiring it? Nah, that goes against the grain of Bitcoin being open and market-driven.
Miners gotta cover costs too, so they usually pick transactions with fees first. That's just business sense. What we need is to keep improving efficiency and maybe layer 2 solutions like Lightning Network to make cheap txs possible for everyone.
It's all 'bout balance – keeping miners incentivized while making sure users ain't paying through the nose. No hard numbers here; just gotta let the market do its thing! #BitcoinBalance
But the market is being manipulated by fraudulent transactions. Causing high fees. As is, it's become a corrupt and dishonest market.
Further the owners of Bitcoin don't have full access to the full utility value of Bitcoin. Many have so-called stranded utxos. That's a ridiculous and unacceptable situation.
Minors will have to process free transactions. The only question is how many?..😊🦍