Since the launch of the on-chain pooling protocol, and the beginning of those payouts to their member farmers, the number of daily Chia transactions has doubled. In a day. On July 8th to be precise, when I suspect pool payouts started going out.
We are going to see this number continue to rise dramatically. Most pools are offering very small, or functionally unlimited payouts because of the no fees. This is quickly going to saturate the blockchain and we are going to see mandatory fees and higher minimum payouts in response.
This is not a bad thing. What’s even more interesting is that there is no more movement in terms of total XCH now than there was before the pools launched. This is likely that because most of that movement was HPool and the other off-chain pools and that is still true.
But it is going to change, and soon, I think.
