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I wrote the original post. It's an excellent comment, thank you. I didn't think through the economic consequences. My first reaction is there need to be some b
by coyote-2000 9y ago
I wrote the original post.
It's an excellent comment, thank you. I didn't think through the economic consequences. My first reaction is there need to be some betting in place. For example, there could be a fixed cost for a miner to issue a block, and at the same time there could be a variable reward for the same block that is tied to 'good' behavior (not too much branching and not too little) that gets known only when a merge block is issued.
Inflationary vs transaction fees: makes sense, thank you.