Subject: Re: [Bitcoin-development] Even simpler minimum fee calculation formula: f > bounty*fork_rate/average_blocksize

From: Peter Todd <[email-masked]>
Date: Fri, 15 Nov 2013 05:46:54 -0500

On Wed, Nov 13, 2013 at 01:34:07PM +0100, Michael Gronager wrote:
> Just a quick comment on the actual fees (checked at blockchain.info) the
> average fee over the last 90 days is actually ~0.0003BTC/txn - so not
> too far behind the theoretical minimum of 0.00037BTC/txn.

How did you get those numbers exactly?

Also fee per txn is *not* useful and we really shouldn't quote it so
that newbies reading this stuff get the right understanding.

-- 
'peter'[:-1]@petertodd.org
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