(no title)
jbb555
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9 years ago
Yeah sure.
But it's not a good solution really. First of all I don't really want to pay any more.
Secondly, if everyone has to do this in order to get their transactions processed in a reasonable time, then nobody is any better off..
Taek|9 years ago
That's why it works. Some people are willing to pay a lot more for some of their transactions, and some transactions just can't justify a high fee.
The block size is a security parameter. You increase it, you decrease security. And it's also more of an engineering limitation than most people realize at first appraisal.
We use fees because we don't have better ways to allow more transactions. And it's an active field of study, but most of the gains so far have been very small.