[Bitcoin-development] Long-term mining incentives
gavinandresen at gmail.com
Tue May 12 16:10:53 UTC 2015
Added back the list, I didn't mean to reply privately:
Fair enough, I'll try to find time in the next month or three to write up
four plausible future scenarios for how mining incentives might work:
1) Fee-supported with very large blocks containing lots of tiny-fee
2) Proof-of-idle supported (I wish Tadge Dryja would publish his
3) Fees purely as transaction-spam-prevention measure, chain security via
alternative consensus algorithm (in this scenario there is very little
4) Fee supported with small blocks containing high-fee transactions moving
coins to/from sidechains.
Would that be helpful, or do you have some reason for thinking that we
should pick just one and focus all of our efforts on making that one
I always think it is better, when possible, not to "bet on one horse."
On Tue, May 12, 2015 at 10:39 AM, Thomas Voegtlin <thomasv at electrum.org>
> Le 12/05/2015 15:44, Gavin Andresen a écrit :
> > Ok, here's my scenario:
> > https://blog.bitcoinfoundation.org/a-scalability-roadmap/
> > It might be wrong. I welcome other people to present their road maps.
> [answering to you only because you answered to me and not to the list;
> feel free to repost this to the list though]
> Yes, that's exactly the kind of roadmap I am asking for. But your blog
> post does not say anything about long term mining incentives, it only
> talks about scalability. My point is that we need the same kind of thing
> for miners incentives.
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