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replied 2188d
I'll look into that, thanks. Dash tx fees look about the same as BCH over the last year or so. https://bitinfocharts.com/comparison/median_transaction_fee-bch-dash.html#1y
replied 2188d
Yeah, Dash has a commitment to low fees, Point of Sale wouldn't work otw. Whenever the price rises Dash commits to lower fees, we don't want what happened to btc to happen to us.
replied 2188d
I agree, low fees are very important. But they don't look much lower than #BCH so the cheap algorithm either isn't working or something else is eating those savings.
replied 2188d
Up until late Aug BCH was on avg 3-7x more exp. fee wise than Dash. So its good you guys were able to get those fees lower.
homopit
replied 2188d
replied 2188d
This is a protocol measure however and will be lowered soon. Dash's rapid price increase wasn't factored into fee calc.
replied 2188d
That's using the avg. You have to use the median because privateSend txs skew the avg. They're about 1-5% of daily txs, and currently have a much higher fee of .01 Dash.
replied 2188d
Actually, if you look, Dash's fees have been many times lower than bch's all year, 14x (!!) lower Jun 21 its only since Sept that BCH lowered its fees to Dash's level. Congrats!
replied 2188d
The area under the curve since BCH was created looks about the same to me. I guess you'd have to do a more detailed analysis as to why they differ at various times.
replied 2188d
Dash Block size is only 2 MB's. But they will never have the amount of transactions to ever have to worry about increasing the block size
replied 2188d
Why is this? Have you found any technical or perhaps philosophical problems with Dash?
replied 2188d
Those are some small blocks. Lol.