Quote from: ranochigo on January 22, 2025, 03:50:03 AM

Quote from: Synchronice on January 21, 2025, 12:25:55 PM

I agree, this goes against the philosophy of Bitcoin but the philosophy of Bitcoin can't remain the same because over time, everything changes. The mentality of people, the working environments, relationships, the attitude towards something and so on. As time goes, everything evolves, even the constitution changes, so Bitcoin can't stay exactly the same.

Then it becomes an alt coin. There are fundamental characteristics that shouldn't be changed in Bitcoin.

Quote from: Synchronice on January 21, 2025, 12:25:55 PM

Tail Emission will make Bitcoin inflationary. I think that the ideal scenario for Bitcoin will be that it will become a popular payment method, millions of transactions will be made on bitcoin blockchain and we will significantly increase the block size (it can be dynamic too). If there will be millions of transactions in one block, Bitcoin miners will be able to get a very good reward while the transaction fees will not be ridiculously high. Problem solved, everyone will be happy.

Depends on how constraint the system is; if you were to allow millions of transactions in a block now, it wouldn't always yield a higher overall block reward. The entire reward system is still dependent on both the supply and the demand. Tail emission will in theory not cause inflation, if the amount is relatively small compared to the entire coin cap.

I agree with this concept. We talk about an alt coin. It might be merge-mined with Bitcoin. From your perspective, what fundamental characteristics of Bitcoin shouldn't be changed? What could be sacrificed?

Here is a short list:
1. 21 min supply cap
2. Max block size
3. Average block rate
4. (your version)