Post
Topic
Board Scam Accusations
Re: SCAM: Bitcoin SV (BSV) - fake team member and plagiarized white paper
by
Procaius
on 23/02/2024, 02:29:51 UTC
BSV Terranode is processing millions of TPS now.  That's scaling.

OK, setting aside the entire debate about the inherent centralization risks imposed by BSV's scaling model, what good does scaling do for a coin if nobody wants to use it?

Fair enough, for now, but what happens after this upcoming halving or next halving when the BTC blockchain reward isn't large enough to convince financially savvy miners to continue hashing when their mining costs exceed their rewards?  Sooner than later it's going to happen.  Transaction fees must replace rewards as the means of sustaining the security model.  How large do these fees need to become on BTC at only 7 tps???