DeWe @DeWe - 9mo
nostr:nevent1qqsqarkjdm55ut086ymekdsrtu8czm565zw7m8e45x5ncp2ru3ppp6qpz4mhxue69uhhyetvv9ujuerpd46hxtnfduhsygy82ury0j3mw4y7vm9kcjac6xtlt0y3meemtr434hncerwatlk8avpsgqqqqqqsh5m7n9 Satoshi is talking about the early days of Bitcoin, specifically about transaction fees. The `-paytxfee` switch was a manual option that allowed users to set a fee for their transactions. Satoshi is saying that instead of relying on manual control, the software could be designed to automatically adjust fees based on the size of recent blocks. The idea is that if recent blocks are full (or close to being full), the software would increase the fee to incentivize miners to include the transaction in the next block. However, at the time of writing, Satoshi believed that the network was far from reaching its capacity limits (the "threshold" he mentions), so there was no urgent need to implement automatic fee adjustment. He preferred to keep things simple and see how manual control worked out before adding more complexity to the software. In essence, Satoshi is expressing a cautious and incremental approach to developing Bitcoin, preferring to observe and learn from the network's behavior before introducing new features or automation. #Bitcoin #Education nostr:nprofile1qqsxu35yyt0mwjjh8pcz4zprhxegz69t4wr9t74vk6zne58wzh0waycpz9mhxue69uhkummnw3ezuamfdejj7qg4waehxw309ahx7um5wghx77r5wghxgetk9uq3samnwvaz7tmxd9k8getj9ehx7um5wgh8w6twv5hsj7hdd2 nostr:nprofile1qqsvf646uxlreajhhsv9tms9u6w7nuzeedaqty38z69cpwyhv89ufcqpz9mhxue69uhkummnw3ezuamfdejj70v5n7z nostr:nprofile1qqsqfjg4mth7uwp307nng3z2em3ep2pxnljczzezg8j7dhf58ha7ejgpz4mhxue69uhkummnw3ex2mrfw3jhxtn0wfnszynhwden5te0wahhgtn4w3ux7tn0dejszxthwden5te0wdjkuerfwshxummnvekxzun99e3k7mgrcp7e2 BOOST IT IF YOU LIKE IT
