Re: ★★ DigiByte ★★ [DGB] ✈ ✔ MultiAlgo v3.0.1 officially released! Mandatory Update!
Start point data was based on money supply and block reward as of today,
and the projections are based on the 0.5% block reward reduction every 10,080 blocks
and the assumption that the smoothed, long term block discovery rate equals current rates.
and the projections are based on the 0.5% block reward reduction every 10,080 blocks
and the assumption that the smoothed, long term block discovery rate equals current rates.
This has actually highlighted something that I have occasionally wondered but never got around to asking. As block rewards drop lower and lower, and indeed approach zero... who is going to bother mining? Without miners, who then verifies transactions? Perhaps at that point the distributed infrastructure exists simply to support the payment network? But... who owns it? Makes you wonder if at that point we come full circle with centralised control once again?