Bitcoin Forum

Bitcoin => Meetups => Topic started by: tiagocs on September 19, 2017, 09:09:38 PM



Title: What is the expected transaction fee (satoshi/byte) in the long-term?
Post by: tiagocs on September 19, 2017, 09:09:38 PM
I can see in this graph (https://bitcoinfees.info/) that the transaction fee in satoshi/byte doubled in the past year. With the increase in price of bitcoin, the transaction fees increase... unless the transaction fees in satoshi/byte somehow decrease at a faster pace.

Is there any forecasts for this fee in the long term, is there any analysis or a consensus on the transaction fees in satoshi/byte?

By the way, is there any proof-of-work cryptocurrency that is designed to have a low transaction fee in the long term?

EDIT: Ups... Wrong section, please delete.