BCH tx fees. Hear me out

Currently, BCH is the best p2p cash. What made BTC a much worse p2p cash several years ago? Some technical and political stuff resulting in higher fees and unreliability, resulting in worse user experience and pricing people out

Fortunately, BCH is not even close to being expensive and, especially, unreliable through fee bidding. However, here's current fee estimations from blockchair.com:

  • Average transaction fee: $0.0064
  • Median transaction fee: $0.0014

Before current bull run they were about 7 times lower for median fee and about 30 times lower for average fee (still sub-cent, but even now adds up a tiny bit for constantly using CashFusion)

The risk of repeating big blocker fiasco of waiting silently too long in 2015-2016 I estimate as very low right now. But it's not 0%. Hence, the thread

Questions:

  • What has to be done for BCH to go iteratively sub-sat and cement sub-cent transacting to never allow fees be higher than, let's say, $0.01 of purchasing power per 1->2 UTXO tx?
  • If iterativeness is beyond the reach, what about just going 10x lower in default fees?
  • If $0.01 is a bad goal, what is a good goal?
  • If I'm wrong and it doesn't matter, share with me your long-term projections

Pings in the comments

submitted by /u/spe59436-bcaoo to r/btc
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Quelle: bitcoin-en