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A very simple way to increase block rewards is making blocks SMALLER. It is game theory: If you really want your transaction to be on-chain, you pay for it. An
by janandonly 6y ago
A very simple way to increase block rewards is making blocks SMALLER.
It is game theory: If you really want your transaction to be on-chain, you pay for it. And smaller blocks means less transactions will fit in one block. So fees will need to go up.
- AffableSpatula 6y agoIn theory... but demand has elasticity. If the market has no way to equilibrate at a state that produces sufficient returns, there's no constraining of supply that can produce the returns needed. And that is the risk/unknown.