bitcoin fees are a dynamic free market
block space is scarce and intentionally limited to improve mining and node distribution
as transaction demand increases so do the fees associated with sending a bitcoin transaction
this fee market provides decentralized spam mitigation
fees provide a real cost to spam attacks
ODELL
npub1qn…w95gx
2025-05-01 17:16:47 GMT
Author Public Key
npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gxSeen on
wss://jskitty.cat/nostrPublished at
2025-05-01 17:16:47 GMTEvent JSON
{
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"pubkey": "04c915daefee38317fa734444acee390a8269fe5810b2241e5e6dd343dfbecc9",
"created_at": 1746119807,
"kind": 1,
"tags": [
[
"r",
"wss://premium.primal.net/"
],
[
"r",
"wss://relay.primal.net/"
],
[
"r",
"wss://sendit.nosflare.com/"
]
],
"content": "bitcoin fees are a dynamic free market\n\nblock space is scarce and intentionally limited to improve mining and node distribution\n\nas transaction demand increases so do the fees associated with sending a bitcoin transaction\n\nthis fee market provides decentralized spam mitigation\n\nfees provide a real cost to spam attacks",
"sig": "8e940d7ebd66fbef33cfd32b9cb5bfc4edb1a0aac0ae24a3d82535d9819e07d558c84ccd4cc685e879433873a4933f1b81c2442946f0d23979bc4a5d8d82378f"
}