a thoughtful web.
Good ideas and conversation. No ads, no tracking.   Login or Take a Tour!
comment

From what I understand, 0 balance addresses aren't counted here. There's around 500k addresses created per day.

    That was the whole point - it's a transitory, untraceable currency where these random-ass numbers equal money and you shouldn't hold onto those random-ass numbers for too long because then you're more likely to lose the money in them and any transaction fee is greater than zero.

Funny thing about how bitcoin works, is that addresses don't hold balances. To determine the value of any given address, you need to sum all transactions the led to that address from the genesis block. That makes transactions from active addresses require more data, which increases the transaction fee.