Bitcoin's goal is to be fully 'self-sustainable' on network fees by 2140 when their reward drops to zero. We already beat them by 120 years!
I think the network fee rewards should be this high but divided across x100 more transactions.
The current fee price is not a positive in my opinion. Today it was going to cost me a $50 fee to add liquidity to a uniswap pool.
I wish there was a good site for comparing the fees/minute or per block of BTC and ETH. Maxis would be chewing themselves up over it
Here you go:
You can toggle on as many coins as you like. The linked chart shows fee's as a percent of block-reward day for day. Not exactly what your after, but something.
At this rate, we could drop the block reward to 1.25, and the fees would bring it back to 2.
We should stop over-paying inflationary block rewards.
EIP-1559 can't come soon enough.
Too bad POW is being abandoned by the devs.
The miners won't go to pos, they will definitely fork and try to fud when the timer comes.
Time to move some of that to Cardano.
Cardano doesn't have what ethereum has. There are many other chains that had or have potential to host these transactions, but until they actually provide the functionality and users they do not matter. Cardano isn't even the chain with the most potential.