BSV vs BTC – The Cost of 2,463 On-Chain Transactions I rec…
BSV vs BTC – The Cost of 2,463 On-Chain Transactions
I recently conducted a test involving 2,463 transactions on the BSV blockchain. Each transaction contained two outputs and an OP_RETURN payload of 332 bytes.
The total cost for all 2,463 transactions was just 0.00086205 BSV. At a market price of $11.64 per BSV, this amounts to approximately $0.01 for the entire set of transactions, or about $0.000004 per transaction.
For comparison, I looked at a similar transaction on the BTC network. A transaction containing a 220-byte OP_RETURN payload cost 0.00010140 BTC. At a BTC price of $63,000, that equals approximately $6.39 per transaction.
If the same number of transactions (2,463) were performed on the BTC network at that fee level, the total cost would be roughly $15,734.
What's particularly interesting is that even if BSV were priced at $63,000 per coin—the same price used for BTC in this comparison—the total cost of all 2,463 transactions would still be only about $54.31. That would make the BSV transactions nearly 290 times cheaper than their BTC equivalents.
It's also worth noting that the BSV economic model is designed around scaling through high transaction volume. In theory, as network usage grows, transaction fees could become even lower because miners are expected to earn revenue from processing a very large number of transactions rather than charging high fees per transaction. However, the long-term equilibrium fee level remains unknown, and ultimately it will be determined by market dynamics and actual network adoption.
This example highlights that the cost of using a blockchain is influenced not only by the price of the coin itself, but also by the network's fee structure and scalability model.
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https://btc.whatsonchain.com/tx/a445e728a8957500909185f50ac63ec1a8b70ca1e6500c15b3f27bc34901d915
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https://whatsonchain.com/address/1AATMFdoyAr5e4CsMvKs2wkdFyCrkm5874
Replies
yea, the price in satoshis would come down as tx volume grows, so per tx it might be as cheap as it is today in $ terms, or cheaper