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RE: Are We Still Pretending the Crypto World Is Decentralized?

in #steem5 years ago

When block reward diminishes, it increases the risk of a reorg attack as it makes it cheaper. That's a serious flaw. A flat emission rate like GRIN's may be better long term.

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I agree in projects that don't anticipate increasing miner revenue from fees. Bitcoin is relatively capped right now.

Revenues from fees are irrelevant, as transactions can be picked up by any evil fork and they are prone to bribery.