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A comment on Coinbase Wants to Be Too Big to Fail. Parent comment

Re:Coinbase Wants to Be Too Big to Fail by sparkie on Thursday September 27, 2018 @07:32PM (#18089804)
The only direction that benefits miners is the direction where they have the maximum potential for profit by selling the coins they earn through transaction fees.

This will inevitably be the network which most people are transacting on.

The actual incentives are a bit skewed currently because transaction fees are dwarfed by the block subsidy.

[ Parent | on HN ]
Re:Coinbase Wants to Be Too Big to Fail by bduerst on Friday September 28, 2018 @04:44PM (#18096902)
Riiiight, and fisherman only fish the species that are most prevalent in the sea.

You don't know how tragedy of the commons works, do you?

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