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RE: Open letter to Dan - how witness pay is ruining the economy, and how this can easily be addressed
1500 per day, is not needed. I understand it's this way in anticipation of the future. But we are not at the point where this much needs to be paid to witness machines to handle the current block size.
The rate of witness coins can be adjusted depending on block size requirements to pay for server costs they are using to host and handle the node.
It should be variable, adjustable, dynamic, not fixed, static, unchanging payment for being a witness.
Thanks. Peace. Reblogged.