Quote from: BitDane on November 14, 2022, 10:21:49 PM

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I do not think that there is problem with the system that pays miners from tx fee. I believe it is already happening, Miners compete for the new block and mine the block together with the tx fee. There is no need for the miners to adjust, they just need to point their miners and hash away, solving blocks and mining tx fees.

I think by that time, the scalability issue will be solved.

It already happens, yes, you're correct.

The thing is that the transition from block reward to transaction fees will be a gradual one. In two or three halvings more we'll see that the transaction fees will be way more important relative to the block reward right now.

Soon the block reward will be less than one Bitcoin, and then transaction fees will look very interesting to miners. From then onwards block rewards will be less and less attractive, and tx fees will be the actual main component of the reward