Post
Topic
Board Altcoin Discussion
Re: Why are new coins distributed to miners?
by
apxu
on 03/06/2014, 07:10:34 UTC
Wouldn't it be much more fair to give miners only the TX-fees, and pay a reward to some random stranger (transaction) in that block?

Basically no one would mine then.

Miners will fill block with their own transactions (transferring bitcoins from left pocket to right) to increase their "profits" (chance to win reward).
This causes death of network very soon.