Well, running miners cost money, so , why should they do it for free?
Quite ironic, one one side we have small blocks cause it would be costly otherwise to run some 20 000 computers with 16GB of ram and a 8TB ssd, on the other hand we want decentralization and, let's see who will host 2 million 5Kw $10K machines.
Decentralization comes with a ....PRICE!
Quite ironic, one one side we have small blocks cause it would be costly otherwise to run some 20 000 computers with 16GB of ram and a 8TB ssd, on the other hand we want decentralization and, let's see who will host 2 million 5Kw $10K machines.
Decentralization comes with a ....PRICE!
I had a similar concern a few months back when I asked if fees will be enough to keep miners on the network when the main incentive (block rewards) are taken off the equation. It will be interesting to see how things play out when we get to that. Probably they'd have to increase fees in order to compensate for the lack of block rewards.
We'll find out when the time comes but from what I know, no one will burn those expenses to keep the network up and running out of the goodness of their hearts.