Even if Bitcoin Cash does a 10x in price, the network could still easily reduce fees to compensate, through policy. But how would such a policy change roll out?

Technical background:

Current BCH network policy has the minimum relay fee at 1000 sat / kB, i.e. 1 sat/byte.

It is still possible to significantly slash the minimum fee without changing the actual protocol, to something like 100 sat / kB ( = 0.1 sat/byte) or in case BCH goes up x100, to 10 sat / kB.

Such new fee policies could be done even in this bull market if BCH does a x10 or more.

The question is whether BCH could roll them out easily enough, because they require coordination of full nodes, wallets, libraries etc.

Going lower than 1 sat/kB would require protocol changes ("Fractional satoshis", i.e. subdividing a satoshi to have more decimal digits available, and thus be able to accurately pay fees smaller than 1 sat).

I think it is good to discuss this policy issue and the best ways to deal with it in advance, since I think a x10 in a bull market is not out of the question (at all).

Due to immediate downvotes on this sensible technial/policy discussion topic, this post has been retrofitted with an Open Data Voting Observation System (ODVOS) to monitor vote brigading.

• 50% downvote rate shortly after posting, 0 points.
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