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Title: Question : Transaction fees when mining block worth 6.25 BTC or less Post by: Transisto on July 18, 2011, 07:08:30 PM Can someone point me to a relevant discussion about the future of the blockchain when mining a block pays as low as 1.5625 BTC
Given that the current model of transaction processing doesn't scale very well, will the transaction fees be there to support a safe network ? Where are we at with these problems ? Title: Re: Question : Transaction fees when mining block worth 6.25 BTC or less Post by: Meni Rosenfeld on July 18, 2011, 07:24:12 PM There's been discussion, for example http://forum.bitcoin.org/index.php?topic=6284.
My current stance is that using proof-of-stake as an extra safety net will allow making do with less mining, the cost of which is supportable by tx fees. Title: Re: Question : Transaction fees when mining block worth 6.25 BTC or less Post by: Transisto on July 18, 2011, 07:25:56 PM Thanks
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