š
Original date posted:2022-06-19
š Original message:On Sun, Jun 19, 2022 at 2:04 PM Manuel Costa via bitcoin-dev <
bitcoin-dev at lists.linuxfoundation.org> wrote:
> if we start seeing issues with block rewards being too low to maintain
> acceptable security, we're going to have multiple solutions being
> implemented for it, and definitely a hard fork to indefinitely maintain
> some degree of block subsidy
>
if we failed to first try increasing block demand with advanced transaction
support, it would seem like we were just throwing money and growth away to
support one narrative (simplicty of function), while destroying another
(finite supply)
if stuff like covenant support and mweb gets us higher fees, with stuff
like on-chain mixing protocols, vaults, and higher utility, it might be
more than enough to sustain bitcoin on fees alone forever
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Erik Aronesty [ARCHIVE] /
npub1y2ā¦5taj0
2023-06-07 23:10:06
in reply to nevent1qā¦60jn
Author Public Key
npub1y22yec0znyzw8qndy5qn5c2wgejkj0k9zsqra7kvrd6cd6896z4qm5taj0Published at
2023-06-07 23:10:06Event JSON
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Original date posted:2022-06-19\nš Original message:On Sun, Jun 19, 2022 at 2:04 PM Manuel Costa via bitcoin-dev \u003c\nbitcoin-dev at lists.linuxfoundation.org\u003e wrote:\n\n\u003e if we start seeing issues with block rewards being too low to maintain\n\u003e acceptable security, we're going to have multiple solutions being\n\u003e implemented for it, and definitely a hard fork to indefinitely maintain\n\u003e some degree of block subsidy\n\u003e\n\nif we failed to first try increasing block demand with advanced transaction\nsupport, it would seem like we were just throwing money and growth away to\nsupport one narrative (simplicty of function), while destroying another\n(finite supply)\n\nif stuff like covenant support and mweb gets us higher fees, with stuff\nlike on-chain mixing protocols, vaults, and higher utility, it might be\nmore than enough to sustain bitcoin on fees alone forever\n-------------- next part --------------\nAn HTML attachment was scrubbed...\nURL: \u003chttp://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20220619/16886185/attachment.html\u003e",
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