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A halving of reward per unit of expense is a doubling of expenses per unit reward. That said, it is neither - it is a halving of extra reward on top of transac
by dllthomas 11y ago
A halving of reward per unit of expense is a doubling of expenses per unit reward.
That said, it is neither - it is a halving of extra reward on top of transaction fees.
- eordano 11y agoAlso, "reward" is not appropriate. It has been historically referred to as "miner subsidy": it was intended to be a way to make mining attractive for early adopters.