{"type":"rich","version":"1.0","author_name":"npub1zkygapfrmhrw5yyhj6typl9kjphtfgy8ksjhkf9hslywagpu9qrsnahwkp","author_url":"https://nostr.ae/npub1zkygapfrmhrw5yyhj6typl9kjphtfgy8ksjhkf9hslywagpu9qrsnahwkp","provider_name":"njump","provider_url":"https://nostr.ae","html":"📅 Original date posted:2017-08-22\n📝 Original message:Okay so I quite like this idea. If we start removing at height 630000 or\n840000 (gives us 4-8 years to develop this solution), it stays nice and\nneat with the halving interval. We can look at this like so:\n\nB - the current block number\nP - how many blocks behind current the coin burning block is. (630000,\n840000, or otherwise.)\n\nEvery time we mine a new block, we go to block (B-P), and check for stale\ncoins. These coins get burnt up and pooled into block B's miner fees. This\nkeeps the mining rewards up in the long term, people are less likely to\nstop mining due to too low fees. It also encourages people to keep moving\ntheir money around the enconomy instead of just hording and leaving it.\n-------------- next part --------------\nAn HTML attachment was scrubbed...\nURL: \u003chttp://lists.linuxfoundation.org/pipermail/bitcoin-dev/attachments/20170822/05609b11/attachment.html\u003e"}