Post
Topic
Board Altcoin Discussion
Re: Transparent mining 2, or What part of Legacy should be left behind
by
landomata
on 10/02/2014, 09:40:54 UTC

I think that the idea of reducing the fees by a factor of 10 or 100 is likely to pretty much completely get rid of the "mining mentality" (and will increase the # of transactions made) although one does need to be careful perhaps not to do this too soon as currently the "forging reward" is one of the main factors motivating people to run nodes.


My VPS Node has been running since the DDos war and my motivation is not forging rewards....my motivation is to keep Nxt running...period.