The Bitcoin Cost per Transaction (USD) is the result of dividing the miners' revenue (Block Reward + Transaction Fees) between the number of transactions per block.
Here is an example with made up numbers:
Block reward is 12.5 BTC + 0.5 BTC in transaction fees.
There are 2700 transactions in the block.
Current exchange rate is 5700 USD/BTC.
(12.5 BTC + 0.5...
Bitcoin Fee Ratio is a BTC specific study aiming to replace the ever-misleading ‘market capitalization’ (marketcap).
It answers to the following question:
“If block rewards disappeared tomorrow what percentage of economic volume would we have to pay in fees to replace them”
A low FR means that users can transact securely while simultaneously paying a minimal...