will reach 20bb coins soon if we continue this way... I know when daps come it will burn more but there in no way we can burn 6mil coins+ per day and go deflecionary
@denkomanceski
Good question. Some thoughts; Imagine every transaction cost 1.5 Reef in fees. To burn 6 million Reef per day would require around 500 transactions PER BLOCK. Something tells me this chain will never reach that 😄
Wow, amazing community support right here. Thanks for the enthusiasm. 💪
Transactions can cost more. The 1.5 Reef figure is usually given for Reef transfers, but swaps are much beefier in terms of gas.
Be patient. There are for sure informations and news coming which will show how things will work in a proper way for the future.
True, but even with a fivefold increase in fees, burning 6 mil/d would still require 100 txs per block. Highly unlikely.
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