Ethereum Blog: On Inflation, Transaction Fees and Cryptocurrency Monetary Policy

in #ethereum8 years ago

Vitalik Buterin of the Ethereum Foundation discussing Bitcoin's long-term level of security as the network transitions from mining rewards to a transaction fee model: "it is my own opinion that the risk is very high that this is insufficient."

https://blog.ethereum.org/2016/07/27/inflation-transaction-fees-cryptocurrency-monetary-policy/

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