Re:Steam is no longer supporting Bitcoin
by donarb on Wednesday December 06, 2017 @04:02PM
(#15864979)
Looks like we need some form of "block neutrality".
[ Parent
| on HN ]
Re:Steam is no longer supporting Bitcoin
by DSMan195276 on Wednesday December 06, 2017 @04:25PM
(#15865169)
Not really, this is an intended feature of Bitcoin, not a bug.
Every so many blocks, the number of new Bitcoin handed to the miners is halved, and eventually it will drop to zero. When that happens, the only incentive for miners to continue mining (And thus keep Bitcoin going) is the fees collected from the transactions. So required fees are only going to go up.