Jorge Timón [ARCHIVE] on Nostr: 📅 Original date posted:2015-08-10 📝 Original message:On Mon, Aug 10, 2015 at ...
📅 Original date posted:2015-08-10
📝 Original message:On Mon, Aug 10, 2015 at 2:33 PM, Btc Drak <btcdrak at gmail.com> wrote:
> Additionally, correct me if I am wrong, but the net effect from preventing
> fees rising from zero would be to guarantee miners have no alternative
> income from fees as block subsidy dries up and thus harm the incentives to
> secure the chain.
I don't think that's necessarily true. Theoretically urgent
transactions could fund hashing power on their own while there are
still some free non-urgent transactions being mined from time to time.
📝 Original message:On Mon, Aug 10, 2015 at 2:33 PM, Btc Drak <btcdrak at gmail.com> wrote:
> Additionally, correct me if I am wrong, but the net effect from preventing
> fees rising from zero would be to guarantee miners have no alternative
> income from fees as block subsidy dries up and thus harm the incentives to
> secure the chain.
I don't think that's necessarily true. Theoretically urgent
transactions could fund hashing power on their own while there are
still some free non-urgent transactions being mined from time to time.