melvincarvalho on Nostr: In the 50s the subsidy will go away. It will get alot smaller before then, especially ...
In the 50s the subsidy will go away. It will get alot smaller before then, especially in the 20s and 30s. That means that the order of the blocks is controlled by hash roughly equivalent to the total daily fees. If you control the hash and are not a good actor you can peform deep reorgs which will be disruptive to users and markets. Under the current security model it wont cost that much to do, and its effect on the market cap could be high. So we have to consider what to do about that. Is that less hand wavy?
Published at
2023-08-14 12:57:39Event JSON
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