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by johng
110 days ago
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> The bigger open question is whether the long-term fee market will be sufficient to sustain miner incentives without block subsidies. ^^^ This. Fees are already included in block rewards and (compared to the block rewards) are pretty paltry. Unless the value of Bitcoin goes way up, I don't see a resilient network sticking around with enough hashing power to keep out a malicious actor / bad state actor. Edit: These charts should give you an idea of how much fees represent in current blocks. https://charts.bitbo.io/fees-percent-of-reward/ https://charts.bitbo.io/fees-per-day/ |
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