The size of each block is fixed, and the transaction fee is proportional to the ... | Hacker News

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paulgb on March 19, 2018 | parent | context | favorite | on: An Analysis of the Impact of Arbitrary Blockchain ...

The size of each block is fixed, and the transaction fee is proportional to the number of bytes in the transaction, so you could block people from making transactions (if you were willing to outbid them) but couldn't make the chain grow faster.

gcb0 on March 19, 2018 [–]

hence you can only do that if you have enough money. and that is exactly what visa is doing.

redblacktree on March 19, 2018 | [–]

What visa is doing? Can you elaborate?

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