Nostraterrestrial on Nostr: What if, instead of having a block subsidy limit that depends on the block height, ...
What if, instead of having a block subsidy limit that depends on the block height, the block subsidy limit would be however many more coins are allowed to exist at that point?
For example, the miners of https://mempool.space/block/0000000000000000004b27f9ee7ba33d6f048f684aaeb0eea4befd80f1701126 didn’t claim any subsidy, resulting in the loss of 12.5 coins that will never be mined. What if those coins would then have been allowed to be mined in the next block?
The miners of https://mempool.space/block/0000000000004c78956f8643262f3622acf22486b120421f893c0553702ba7b5 didn’t claim a million sats in fees and a single satoshi from the subsidy. What if those sats would then have been allowed to be mined in the next block?
After the 10th halving, only 4,882,812 sats will be mined per block instead of the 4,882,812.5 that would be allowed if we had smaller units than sats. What if that half a satoshi would then have been allowed to be mined in the next block?
Would there have been any disadvantages to doing it this way? I’m not suggesting any changes, just thinking about whether that would have better. It would have gotten us much closer to 21 million than what we have now (20,999,999.9769 minus a bunch of unmined/unclaimed coins).
#asknostr #bitcoin
For example, the miners of https://mempool.space/block/0000000000000000004b27f9ee7ba33d6f048f684aaeb0eea4befd80f1701126 didn’t claim any subsidy, resulting in the loss of 12.5 coins that will never be mined. What if those coins would then have been allowed to be mined in the next block?
The miners of https://mempool.space/block/0000000000004c78956f8643262f3622acf22486b120421f893c0553702ba7b5 didn’t claim a million sats in fees and a single satoshi from the subsidy. What if those sats would then have been allowed to be mined in the next block?
After the 10th halving, only 4,882,812 sats will be mined per block instead of the 4,882,812.5 that would be allowed if we had smaller units than sats. What if that half a satoshi would then have been allowed to be mined in the next block?
Would there have been any disadvantages to doing it this way? I’m not suggesting any changes, just thinking about whether that would have better. It would have gotten us much closer to 21 million than what we have now (20,999,999.9769 minus a bunch of unmined/unclaimed coins).
#asknostr #bitcoin