How would this affect miner profitability, and thereby security, long-term, if as you say on-chain would be dead, long term? The BTC value would have to rise quite a bit over the coming century for it to be profitable to have even today's levels of mining on one or a few UTXOs from this system, with block subsidies going towards and eventually to zero.
Not saying it's unsolvable, guaranteed to be a problem, or anything, just wondering.
ElectronicsQuestions /
npub152…ftfmu
2023-06-02 21:56:25
in reply to nevent1q…myq3
Author Public Key
npub152jgfxwyqfpj5d448pq5sdevv37t66xshm8gpvkszp6kc0za7dyshftfmuPublished at
2023-06-02 21:56:25Event JSON
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"content": "How would this affect miner profitability, and thereby security, long-term, if as you say on-chain would be dead, long term? The BTC value would have to rise quite a bit over the coming century for it to be profitable to have even today's levels of mining on one or a few UTXOs from this system, with block subsidies going towards and eventually to zero.\n\nNot saying it's unsolvable, guaranteed to be a problem, or anything, just wondering.",
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