[edit] Direct fees are lower than they used to be, and the energy cost is about now up to about $100-120 per transaction. While that's being socialized across block reward for now, when that ends, it will have to be born directly by customers or see the network become less secure.
That's true, total transaction revenue will need to go up. That doesn't mean per-transaction revenue needs to go up though.
Put another way, transaction volume needs to scale before inflation gets too low.
Good thing they decided to never scale transaction volume.
Regarding energy, if thats your battle then work on that aspect, there are some influencers aiming to convince miners to create a more energy efficient version of transaction propagation, settled on the Bitcoin network.
Again? Did some sort of protocol fork break colored coins or the omni network?
I’m looking forward to this all being standardized and wallets surfacing it after they agree on the protocols.
My contribution to the gradient of behaviors on that network was one where the Bitcoin asset was only used to cover transaction fees for the actual money being traded.
The whole "merchant adoption" thing was always a squirrel to me. When merchants will accept stable value assets more readily, or use those stable value assets for settlement, just like the US regulator greenlighted a few months ago.