Re:Ask HN: What will happen to new transactions once all BTC...
by flignats on Friday December 08, 2017 @01:58PM
(#15880976)
yes, there has been serious thought to this.
The fee to verify transactions is based on an auction model. Miners will always pick the transactions with the highest fee. If you want your transaction confirmed, you'll increase the fee. Or lower it, because you can afford to wait for it to be confirmed later.
The fee to verify transactions is based on an auction model. Miners will always pick the transactions with the highest fee. If you want your transaction confirmed, you'll increase the fee. Or lower it, because you can afford to wait for it to be confirmed later.