Quote from: Richy_T on October 06, 2015, 08:35:30 PM

Quote from: bambou on October 06, 2015, 08:30:18 PM

Yes, next halving looks promising, that is why any attempt in increasing anything before that is highly toxic if not blatantly suicidal.

I disagree but I do think that not enough account is made for the distorting effect that the block reward has on the market. In fact, I think that trying to encourage a fee market by restricting the block size while the block reward dominates miner funding is the mistake.

Miners revenues are mandatory to ensure the network's security.

While the block reward tends to 0, it is natural for a fee market to emerge, or else there would not be any incentives left for the miners to keep spending the resources that a POW system requires.

Meanwhile, you can enjoy transacting for nearly nothing.