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jubalix (OP)
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December 25, 2013, 01:50:27 PM
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if mastercoin works as advertised or even better, then we may see a raft of master-coin allts all trying to stuff the block-chain with data, and compete for transaction space


what happens in this situation?
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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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January 08, 2014, 10:38:03 PM
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Quote from: jubalix on December 25, 2013, 01:50:27 PM
if mastercoin works as advertised or even better, then we may see a raft of master-coin allts all trying to stuff the block-chain with data, and compete for transaction space


what happens in this situation?

more btc fees for miners
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