0 sats \ 2 replies \ @ek OP 9 Jun 2023 \ parent \ on: Lightning using Phoenix vs Cardano using Exodus bitcoin
lol, there is no fee market?
Yeah... They instead opted for some formulaic method for determining fees:
So it's like a fixed fee, first come first serve kinda model.
The network stopped accepting new transactions a few times due to some NFT drops clogging the network a couple years back. I dunno if they ever fixed it, but I suspect not.
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lol, they have mechanism to update tx fees which results in a hardfork ...
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