>Beyond the doomsday economics of “proof-of work” in cryptocurrencies Monetary and Economic Department bis.org/publ/work765.pdf
"Second, the transaction market cannot generate an adequate level of “mining” income via fees as users free-ride on the fees of other transactions in a block and in the subsequent blockchain. Instead, newly minted bitcoins, known as block rewards, have made up the bulk of mining income to date. Looking ahead, these two limitations imply that liquidity is set to fall dramatically as these block rewards are phased out. Simple calculations suggest that once block rewards are zero, it could take months before a Bitcoin payment is final, unless new technologies are deployed to speed up payment finality. Second-layer solutions such as the Lightning Network might help, but the only fundamental remedy would be to depart from proof-of-work, which would probably require some form of social coordination or institutionalisation."
>i take investing advice from commie diversity hires why haven't you made it yet, jamal?
Ayden Collins
hash rate cope, POS is better. Bitcoin destroy the planet, so people can specualte on it and scammers can get rich. I repeat, BTC destroys the planet so that scammers can get rich. Thats the sad truth.
Lucas Campbell
Will miners have enough incentive to keep the lights on after the lasting halving? Will fees increase?
Keep in mind hardware will get cheaper too.
William Sullivan
>87 TH/s 87 EH/s you mean, you forgot three zeroes shitforks can be 51% attacked non-stop with the remaining power, imagine forcing re-org on cashiechains and double-spending for exchanges tx
