Maybe spikes are useful information that helps regulate user behavior. How spikey or smooth will transaction fees be in 15 years, and what should we do about it today with any reasonable amount of conviction?

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Yea I mean I don’t think they’ll be *that* spikey, but having the ability to eat a single huge-fee transaction without miners trying to reorg each other would be nice. I think there’s some designs with a “pot” of fee money that miners can contribute to or take from in exchange for bigger/smaller/easier/harder blocks that can eat such a spike and smooth it out a bit. Would also reduce weekly cycle impact on miner revenue.