🔖 Title: Pseudocode for robust tail emission
🏷️ Categories: bitcoin-dev
👥 Authors:
• jk_14 at op.pl ( jk_14 at op.pl [ARCHIVE] (npub1dal…7r9n) )
• Eric ( Eric [ARCHIVE] (npub1u6v…0j6v) )
• Peter Todd ( Peter Todd [ARCHIVE] (npub1m23…2np2) )
• John Tromp ( John Tromp [ARCHIVE] (npub1jzv…sze5) )
• Billy Tetrud ( Billy Tetrud [ARCHIVE] (npub1xqc…cnns) )
• Alfie John ( Alfie John [ARCHIVE] (npub1vtw…2wkm) )
🗒️ Conversation Summary: Experts discussed the potential consequences of a halving event in Bitcoin mining, including significant hashing power shutdowns and fee increases. Delaying halvings during a miner exodus may not be sufficient to correct a sudden drop in mining difficulty, and a risk of hoarding decreasing liquidity exists. Bitcoin's security relies heavily on coinbase rewards, with fees contributing only about 13%. An emergency mechanism may be needed to prevent global hashrate regression.
📅 Messages Date Range: 2023-01-01 to 2023-01-22
✉️ Message Count: 11
📚 Total Characters in Messages: 53004
Bitcoin Mailing List
npub15g…x08lk
2023-06-07 23:18:00
Author Public Key
npub15g7m7mrveqlpfnpa7njke3ccghmpryyqsn87vg8g8eqvqmxd60gqmx08lkPublished at
2023-06-07 23:18:00Event JSON
{
"id": "06bfa1991df623d4286e3ad148a5f8e7f3b4823afa8ecf1dd643c995768676af",
"pubkey": "a23dbf6c6cc83e14cc3df4e56cc71845f611908084cfe620e83e40c06ccdd3d0",
"created_at": 1686179880,
"kind": 1,
"tags": [
[
"p",
"6f7eed8b9a4bc806fdf821c19ef742c0c56e8fb195cf2933c2b12907af840f57"
],
[
"p",
"e6980d92ce2281549a5b143c70561fb39839730749eb793881c4317767023949"
],
[
"p",
"daa2fc676a25e3b5b45644540bcbd1e1168b111427cd0e3cf19c56194fb231aa"
],
[
"p",
"90987bf5bbd810b5e334015b3d1655dc3021b9ae394eb8a72b7117aaa3308561"
],
[
"p",
"3030ec2d70259fdd55ba8e063740c139c3daaa618f86e3fae34cebcb73c742ba"
],
[
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"62dd2acf551a4b84c7633b4123d4143c9fa10f2f194ac4d1f7a942e5b49c6e4d"
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],
"content": "🔖 Title: Pseudocode for robust tail emission\n🏷️ Categories: bitcoin-dev\n👥 Authors: \n• jk_14 at op.pl ( nostr:npub1dalwmzu6f0yqdl0cy8qeaa6zcrzkara3jh8jjv7zky5s0tuypatsu07r9n )\n• Eric ( nostr:npub1u6vqmykwy2q4fxjmzs78q4slkwvrjuc8f84hjwypcschwecz89ys020j6v )\n• Peter Todd ( nostr:npub1m230cem2yh3mtdzkg32qhj73uytgkyg5ylxsu083n3tpjnajxx4qqa2np2 )\n• John Tromp ( nostr:npub1jzv8hadmmqgttce5q9dn69j4msczrwdw898t3fetwyt64gess4ssttsze5 )\n• Billy Tetrud ( nostr:npub1xqcwcttsyk0a64d63crrwsxp88pa42np37rw87hrfn4uku78g2aqltcnns )\n• Alfie John ( nostr:npub1vtwj4n64rf9cf3mr8dqj84q58j06zre0r99vf50h49pwtdyudexstr2wkm )\n🗒️ Conversation Summary: Experts discussed the potential consequences of a halving event in Bitcoin mining, including significant hashing power shutdowns and fee increases. Delaying halvings during a miner exodus may not be sufficient to correct a sudden drop in mining difficulty, and a risk of hoarding decreasing liquidity exists. Bitcoin's security relies heavily on coinbase rewards, with fees contributing only about 13%. An emergency mechanism may be needed to prevent global hashrate regression.\n📅 Messages Date Range: 2023-01-01 to 2023-01-22\n✉️ Message Count: 11\n📚 Total Characters in Messages: 53004\n",
"sig": "8f19bcc032136d0ff8030cf76ebf948e7e323325efcf19275cc7e072512d014d082834df55d7e89901a551817557ab121420f33e54f6f6aaab2d61b9b1790869"
}