On Sun, Jul 10, 2022 at 02:17:36PM +0000, alicexbt via bitcoin-dev wrote: > Hi ZmnSCPxj, > > > > Thus, we should instead prepare for a future where the block subsidy must > > be removed, possibly before the existing schedule removes it, in case a > > majority coalition of miner ever decides to censor particular transactions > > without community consensus. > > Fortunately forcing the block subsidy to 0 is a softfork and thus easier to > > deploy. > > `consensus.nSubsidyHalvingInterval` for mainnet in [chainparams.cpp][1] can > be decreased to 195000. This will reduce the number of halvings from 34 to 14 > and subsidy will be 0 when it becomes less than 0.01 although not sure if > this will be a soft fork.
What exactly would the benefit be of going through all the political headache of a soft fork for what I assume you are thinking would be an insignificant change in total miner revenue? Or do you think total transaction fees at that point would be less than 0.01BTC? -- https://petertodd.org 'peter'[:-1]@petertodd.org
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