it's much more about the mesh network stuff, keeping the chain size down. the fee market problems are way off
i agree it's early even for that former though
i agree it's early even for that former though
I have yet to see a convincing argument that the current system is broken. It’s all pie in the sky stuff.
Lighting will keep the chain size down. Just give it a chance.
I don’t think we need to worry too much about this at this point either.
I appreciate the forward thinking but believe that we need to allow BTC to mature before we look at doing anything with block sizes which might further jeopardise BTC’s adoption.
Give LN a chance to get further established and see where we are at a bit further down the road.
Who knows, someone might come up with a better idea than reducing block size to incentivise miners?
If miners go out of business due to block reward reduction, then that's down to their poor planning. It's not like the reductions and the timing of them hasn't been clearly laid out 10 years ago.
If miners do not earn enough to sustain their business, then the less efficient ones close until the point the remaining ones survive. If miners think they need additional fees they can raise them.... until a point where other more efficient miners establish them lower and get all/most the business.
I suppose offer and demand is not explained in computer science degrees?