Post
Topic
Board Development & Technical Discussion
Re: Why the economical part isn't mentioned on the whitepaper?
by
aliashraf
on 25/07/2019, 20:45:13 UTC
{...}
Error 3: Transaction fees alone will not be able to maintain Bitcoin insane energy waste.

They will.

As pointed out, the energy is not wasted. I don't know what kind of shitpost you were creating. And with what kind of purpose.
Maybe you are just not informed at all, or are following your own agenda. I don't know. And i honestly also don't care.
No they won't. Although this user, @khaos77 mostly, has little knowledge about what he says as a PoS biased poster, it doesn't mean that he is always wrong  Cheesy

The core idea of putting a cap on the volume and stopping block rewards, is false. At this time, transaction fees cover like 5% of the income which doesn't cover mining costs and without such a resource consumption a cryptocurrency system should not be considered  safe. This scene can't change in the future because bitcoin tx fees can not grow drastically. You just can't expect people to pay $100 USD for a single transaction.