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The short version, fees paid is not enriching everyone that has a cost of that transaction being mined. The value a good tx brings to the chain is of higher worth to, well, everyone. So, replace "spam" with "non-economic transaction". Long answer; https://twitter.com/FloweeTheHub/status/1664722936744271872

Tom
The short version, fees paid is not enriching ever...

🙋‍♂️ How is the block size going to adapt to the txns volume? Is it a fixed algorithmic calculation?

Tom
miners choose the blocksize they want to create.

Wouldn't they be incentivized to restrict the block size to increment fees and get paid more?

Amplified Christopher 🐺💙🔊
Wouldn't they be incentivized to restrict the blo...

they get paid in coin, so the value of that coin is very relevant too.

Tom
they get paid in coin, so the value of that coin i...

Correct, but if they collect higher amount of fees in sats+bmr*BCH price they can choose to restrict demand and squeeze the price right?

Amplified Christopher 🐺💙🔊
🙋‍♂️ How is the block size going to adapt to the t...

miners choose how much to mine - up to a limit which other nodes will accept and miners are not 1 collective that together decides things, each miner decides for himself so if one miner mines 2MB or has a fee cut-off, and other mines up to 8MB, and there's enough TXs to fill 8MB, the 2nd miner will be making more money

Amplified Christopher 🐺💙🔊
Correct, but if they collect higher amount of fees...

the price is not set by miners. Making people not able to use the chain will likely make the holders switch to something else and the price goes down.

bitcoincashautist
miners choose how much to mine - up to a limit whi...

it's a matter of miners negotiating with users and non-mining nodes limit will auto-adjust based on actually negotiated blocks

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