Tuesday, December 26, 2017

Price vs ledger fees, block chain edition

I am looking at a collection of iners and a collection of customer transactions.  The two together are going through a discovery process, finding the proper application that mids stable in transaction size and fee.

I cannot see a solution where that transaction fee is stable except at a price an order of magnitude lower. 

But, and here is the but.  We do not know how the sandbox stadium will fill, and if another blockchain variant captured the smaller transactions, then bitcoin has room to stay a bit higher than this chart indicates. It will have a trading pit balancing the two and keeping them both with stable fees.

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