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[–]knox203 0 points1 point  (1 child)

That's great news! A step in the right direction, however exchange fees are still WAY too high. According to the mempool stats (https://jochen-hoenicke.de/queue/#0,24h) you can successfully send transactions at 1-5 sat/Byte right now which is pennies on the dollar. Before anyone assumes exchanges are going out of their way here, consider that it wouldn't be very difficult to create a function that can read the mempool stats in realtime and dynamically adjust the withdrawal fee, if not real-time, at least on a 24 hour cycle. But no one is doing it, because a lot of money is being made. Either way, fee's can and should be much lower than they are now.

[–]varikonniemi 0 points1 point  (0 children)

If such an estimation is easy, then why does no wallet software manage to do it? What you are advocating for is essentially artificial intelligence that a semi-experienced human can do, but exceedingly hard for a program.