Is a storage fee averaged out over many future blocks - but not hardcoded value
and regulated by a free market?
The problem with demurrage I see is that the fee is taken when you spend. There
is no additional income for miners if people are still hoarding.
In tail emission even if people are
Yes, the idea is:
if mining activity is growing - let's execute consecutive halvings
but if miner exodus has happened - let's delay next halving until mining
activity is recovered to previous levels
If it gets to the point where a sudden drop in mining difficulty happens -
delaying the next
On 31 Dec 2022, at 10:28 am, Peter Todd via bitcoin-dev
wrote:
>
>> This way:
>>
>> 1. system cannot be played
>> 2. only in case of destructive halving: system waits for the recovery of
>> network security
>
> The immediate danger we have with halvings is that in a competitive market,
>
