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RE: Bitcoin Miner's Fees will kill the BTC platform quicker than anything else...

in #btc7 years ago

Actually the fees are lower https://www.reddit.com/r/Bitcoin/comments/7n8bk4/this_is_getting_ridiculous_70_satb_and_1000_satb/?st=jbv02rin&sh=b0efb210
It believed to be spam attack form miner clogging the meempool and miner accept their spam transaction hence why you can get away with cheap transactions. Schoor signature should fix that. MIners are too greedy. :(

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Still, it's very bad PR for BTC and will affect investor sentiment!
I believe it is getting to the point where the miners will have to develop a consensus SOON, or risk being overtaken by newer coins and technology. STEEM Comes to Mind! ;)

Core is experimenting on ways to scale bitcoin while keeping POW/without Miners and they accomplished a lot actually