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I like the mining design of Peer Coin much better. I worry that bitcoin mining will become too centralized/unprofitable due to declining block rewards. I'd feel
by crassus 13y ago
I like the mining design of Peer Coin much better. I worry that bitcoin mining will become too centralized/unprofitable due to declining block rewards. I'd feel more comfortable using a coin with a continuous small inflation tax paid to miners (say, 1% a year), than a coin that depends on fees becoming higher/more popular in the future.
Besides, I hate fees in my coin, it hurts microtransaction applications.