Bitcoin’s poor fungiblity causes more transactions, higher fees.

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Kryptous

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While only 10{88c91daedd271a990a10650c05d769cae2765e0603edf30ca95f18704e5748e8} of bitcoin users likely mix their coins, they could be doing 10X as many transactions in an attempt to mix it.

By improving the fungiblity of bitcoin, you can potentially improve its on chain scalability as well.

Is there anyway to calculate, even crudely, how many transactions are solely because of mixing services, or other services that attempt to improve the fungiblity of bitcoin?

PS: the moderation in this subreddit can go fuck itself. I can't talk about other certain implications of this so this is an abridged version because it mentions a certain word. And automatically gets deleted. Ultimately decreasing the quantity of discussion that could be had exploring this idea.

submitted by /u/Vespco
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Kryptous

Crypto Coins News - Ratings - Reviews

1 News - 247 News - 247 Bitcoin - 1 Search

BTC - BCH - ETH - LITE - XRP

Buy Sell Trade Crypto Here

 

Ticker

1 BTC = $43954.63 USD  (via Coinbase)
1 ETH = $3123.52 USD  (via Coinbase)
1 LTC = $152.66 USD  (via Coinbase)
Quotes delayed up to 2 minutes.

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