Re:Bitcoin Surges Past $7,000 to Extend Record Rally
by ktta on Thursday November 02, 2017 @12:59PM
(#15612137)
>Cost me over $4 to send Monero transactions last month
Correct me if I'm wrong, but why couldn't you just decrease the fees you used? Monero has an adaptive blocksize, and transactions won't really get dropped if you used very low fees (unless you are very unlucky)
The mining dynamics are very different than Bitcoin in a way that it adjusts the blocksize to keep TX costs low. This isn't scalable but looks like they are working on it. (Search for 'hyc' on reddit and monero forums). I still haven't completely understood all of it, but here's[1] an explanation.
Correct me if I'm wrong, but why couldn't you just decrease the fees you used? Monero has an adaptive blocksize, and transactions won't really get dropped if you used very low fees (unless you are very unlucky)
The mining dynamics are very different than Bitcoin in a way that it adjusts the blocksize to keep TX costs low. This isn't scalable but looks like they are working on it. (Search for 'hyc' on reddit and monero forums). I still haven't completely understood all of it, but here's[1] an explanation.
[1]:https://monero.stackexchange.com/a/4567