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Author Topic: Delay BlockReward=0 Forever  (Read 1887 times)
crazyates
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December 19, 2012, 06:36:05 AM
 #21

WTF is this shit? Why is this an issue? You're really arguing about a hard fork for a few millionths of a BTC? Trivial much?!

By the time we get to mining fractions of a BTC per block, TX fees will more than likely offer enough incentive for miners to keep hashing.

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December 21, 2012, 12:48:45 AM
 #22

WTF is this shit? Why is this an issue? You're really arguing about a hard fork for a few millionths of a BTC? Trivial much?!

By the time we get to mining fractions of a BTC per block, TX fees will more than likely offer enough incentive for miners to keep hashing.

I already answered this question but the short review is that, if it were the case that optimistically high BTC value made it so that .5 satoshi was indeed a mining incentive, by definition it would also be the case that transaction fees tolerable by users would be orders of magnitude beneath 1 satoshi. Ie insufficient mining incentive would only be a problem if it became a problem.

Currently the block reward and transaction fees stabilize each other.

Thanks again Moon, kjj, and retep.

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