Re:Most Bitcoin Inscriptions belong to a single person
by simiones on Tuesday May 30, 2023 @09:02AM
(#36124368)
Yes, because both BTC and ETH are well known for how cheap transactions are.
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Re:Most Bitcoin Inscriptions belong to a single person
by nwienert on Wednesday May 31, 2023 @02:29AM
(#36135167)
Typically less than half a percent, often lower.
Re:Most Bitcoin Inscriptions belong to a single person
by simiones on Wednesday May 31, 2023 @08:56AM
(#36137800)
As far as I see, average ETH gas prices have been between ~20 and ~170 USD in the last few months. So, by my understanding (happy to be corrected) for a 1k USD transaction, that's between 2% and 17%. It does get pretty good if you're transacting huge sums. It's abysmal for day-to-day payments.