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> Has any progress been made The carbon footprint is funded by the block reward which is halved every 4 years until it dwindles to nothing. Progress is slow, b
by modeless 6y ago
> Has any progress been made
The carbon footprint is funded by the block reward which is halved every 4 years until it dwindles to nothing. Progress is slow, but inexorable.
- fidelramos 6y agoNot just the block reward, Bitcoin miners also receive the sum of the fees of the transactions included on each block. The idea with the progressively diminishing block reward is that transaction fees will represent a larger share of miners profits as time passes.
- modeless 6y agoThe block reward dominates by far. Transaction fees are paid directly by users. They will not pay more than the actual value they derive from the use of the network.