Why Nostr? What is Njump?
2023-06-07 15:48:05
in reply to

Angel Leon [ARCHIVE] on Nostr: πŸ“… Original date posted:2015-08-17 πŸ“ Original message:>"By increasing the size ...

πŸ“… Original date posted:2015-08-17
πŸ“ Original message:>"By increasing the size of blocks, transaction fees may not be available
to supplement mining revenue and so those who do not have access to cheap
or free power to mine;"

why?
wouldn't a bigger block size actually allow for more transactions per
block, therefore more fees to be collected, and the cost spread out among
many more users (thus still keeping tx fees low). If anything, wouldn't
bigger blocksizes are needed to suplement the losses of coinbase rewards
being halfed.

http://twitter.com/gubatron

On Mon, Aug 17, 2015 at 12:39 PM, Ahmed Zsales via bitcoin-dev <
bitcoin-dev at lists.linuxfoundation.org> wrote:

> Hello,
>
> Here we propose a long-term solution to replace mining rewards and
> transactions fees.
>
> BIP [104] is currently a discussion draft only.
>
>
> https://drive.google.com/file/d/0BwEbhrQ4ELzBSXpoUjRkc01QUGc/view?usp=sharing
>
> Views and feedback welcome.
>
> Regards,
>
> Ahmed
>
> _______________________________________________
> bitcoin-dev mailing list
> bitcoin-dev at lists.linuxfoundation.org
> https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev
>
>
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