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Re:Binance founder 'CZ' leaves prison on Friday–along with h... by tromp on Friday September 27, 2024 @12:37PM (#41672644)
It intends to rely on fees, i.e. to have a constant backlog of high fee paying transactions. We'll see how that plays out within a few decades as the block subsidy becomes insignificant.
Re:Binance founder 'CZ' leaves prison on Friday–along with h... by pants2 on Friday September 27, 2024 @12:39PM (#41672670)
Transaction volume goes up and down. Just look at ETH gas prices - varying between 1 and 1000 month-to-month. BTC holders aren't going to be OK with a temporary lull in transactions leading to a double-spend attack etc.
Re:Binance founder 'CZ' leaves prison on Friday–along with h... by tromp on Friday September 27, 2024 @01:21PM (#41673200)
I agree it seems wildly optimistic.