Unused blockchains have no / low transaction fees.
>When people started using Bitcoin, fees went up!
That's how it is supposed to work.
>When people started using Bitcoin, fees went up!
That's how it is supposed to work.
The p2p electronic cash system I signed up for in June 2010 is not working “how it is supposed to work”. $7.77 average transaction fee? Why not try raising the block size to even 2MB? That would do nothing to hurt decentralization. And do you really think an asset currently worth $500B needs to incentivize people to keep it working?!
“I would never spend $100/yr to validate/store transactions and keep my Bitcoin investment working unless I can make a profit on that $100/yr on fees!”