pull down to refresh
15 sats \ 4 replies \ @klk OP 3 Jun \ parent \ on: Bitcoin Security Budget | Bitcoin Decentralization | Bitcoin Miner Reward bitcoin
How does that same conf look for 2100? Adjusting the market cap. BTW there's also a sats mode if you click on USD which makes things clearer.
I invite you to have a look at #996005 to see other resources and join the discussion.
reply
That's why the sats mode helps. But 100k sats is a lot today and will only be way more valuable in the future, no matter what USD does.
That average fee is what's needed for miners getting 0.5% of the whole network in yearly rewards. Maybe half is enough. But that would still be a lot given that 21M ₿ / 8B people = ~250k sats.
But even that would be OK and the best case scenario. The hard part is having the demand for ~4k transactions per block at that price.
reply