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replied 2319d
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 2319d
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 2319d
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 2319d
replied 2319d
This is a protocol measure however and will be lowered soon. Dash's rapid price increase wasn't factored into fee calc.
replied 2319d
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 2319d
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 2319d
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.