Post
Topic
Board Development & Technical Discussion
Merits 1 from 1 user
Re: "Surprisingly, Tail Emission Is Not Inflationary" -- A post by Peter Todd
by
garlonicon
on 10/07/2022, 18:31:04 UTC
⭐ Merited by stwenhao (1)
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I sure don't care about spending 0.1% or 1% per year of my wealth to keep Bitcoin secure.
You are free to send coins to addresses like bc1qqph8gusf2x7ch4xjs8vnp7hy449r929wnv5jggmy678gam85l6rqgajus9. It has "1000000 OP_CHECKLOCKTIMEVERIFY OP_DROP OP_TRUE" script, so it can be claimed after a block 1000000 by any miner.

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But I do care that everyone else also chips in so we don't have a tragedy of the commons.
So make it a soft-fork proposal, where N out of M coins are locked in every coinbase transaction, to cover future rewards. It will have higher chances of being deployed than any other hard-fork, and will also increase future mining rewards. You want to get a 0.01 BTC tail emission? No problem, just send 0.01 BTC to block 1000000, then 0.01 BTC to block 1000001, and so on.

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So where are the examples?
What about RSK? Of course it is not an altcoin, but it works only on transaction fees.