Ethereum update: Potential Suggestion to an issuance problem that would keep everyone happy
I am not a technology person , so no idea if this is even feasible .. but was wondering if we can start here.If we could simply use the underlying tokens as the fees/gas and provide that as rewards to the miners , we would probably not need to issue any more eth . And if a certain threshold is not met that can be covered for by creating a requisite amount of eth in that block . For miners this is the best way forward as the network they are securing would be useless if all it is creating is a deflationary eth and would will be kept happy with their profits . Investors will be assured of a good steady demand for eth coz of low issuance .
About Ethereum
Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third-party interference.
Author: Holapepsi
Score: 0
Don’t forget to share the post if you love it !
