What is the Monopolistic Price Mechanism proposed for Kaspa?

The Monopolistic Price Mechanism is a proposed fee policy where every transaction in a block pays the same fee — equal to the lowest fee among all included transactions. In the standard "pay your bid" approach used by most blockchains, each transaction pays whatever fee its sender offered, so miners are rewarded most for cherry-picking the highest-fee transactions. The Monopolistic Price Mechanism changes that math entirely: since all transactions are paid at the minimum rate, a miner earns more total fees by including as many transactions as possible rather than filtering for expensive ones. For a beginner, this matters because it shifts the power dynamic away from whoever can afford the highest fee and toward a system where more transactions get processed more fairly.

Not financial advice. This content is for education only. Nothing here is financial advice.