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Comment by T0Bi

The point of fees isn't primarily to reward the miners. That's what the block reward is for. Under PoS validators will still get a block reward, although a lower one (90% less).

The fees are to mitigate spam attacks. You can only fit that many transactions in a block. Fees are bids to be included in a block. The higher the fee, the earlier your transaction gets included. Fees on Ethereum are high, because a lot of people want to use it.

parent T0Bi 4 years ago

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