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From: Erik Aronesty <erik@q32.com>
To: Manuel Costa <manecosta@gmail.com>,
	 Bitcoin Protocol Discussion
	<bitcoin-dev@lists.linuxfoundation.org>
Subject: Re: [bitcoin-dev] Bitcoin covenants are inevitable
Date: Sun, 19 Jun 2022 18:35:55 -0400	[thread overview]
Message-ID: <CAJowKgL=nVwnUrpSKmnsTxOfk3DEEZL7awG=HypyCXSR3XCLxg@mail.gmail.com> (raw)
In-Reply-To: <CAAxiura7-TTUOg=vuH8q+orX+LVED74f+NvaYqVve3j--CjTMQ@mail.gmail.com>

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On Sun, Jun 19, 2022 at 2:04 PM Manuel Costa via bitcoin-dev <
bitcoin-dev@lists.linuxfoundation.org> wrote:

>  if we start seeing issues with block rewards being too low to maintain
> acceptable security, we're going to have multiple solutions being
> implemented for it, and definitely a hard fork to indefinitely maintain
> some degree of block subsidy
>

if we failed to first try increasing block demand with advanced transaction
support, it would seem like we were just throwing money and growth away to
support one narrative (simplicty of function), while destroying another
(finite supply)

if stuff like covenant support and mweb gets us higher fees, with stuff
like on-chain mixing protocols, vaults, and higher utility, it might be
more than enough to sustain bitcoin on fees alone forever

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  parent reply	other threads:[~2022-06-19 22:36 UTC|newest]

Thread overview: 55+ messages / expand[flat|nested]  mbox.gz  Atom feed  top
     [not found] <mailman.9.1654344003.14400.bitcoin-dev@lists.linuxfoundation.org>
2022-06-04 12:27 ` [bitcoin-dev] Bitcoin covenants are inevitable John Carvalho
2022-06-04 13:48   ` Keagan McClelland
2022-06-04 16:12   ` alicexbt
2022-06-06 13:02   ` Erik Aronesty
2022-06-12  3:36     ` Peter Todd
2022-06-12 13:02       ` Erik Aronesty
2022-06-12 16:35         ` Corey Haddad
2022-06-12 19:16       ` alicexbt
2022-06-19 10:31         ` Peter Todd
2022-06-19 15:54           ` Manuel Costa
2022-06-19 18:26             ` Kate Salazar
2022-06-19 22:35             ` Erik Aronesty [this message]
2022-06-21 19:00               ` Keagan McClelland
2022-06-21 20:10                 ` Eric Voskuil
2022-06-23 19:17                 ` Peter Todd
2022-06-28  3:55                   ` Billy Tetrud
2022-06-28 16:23                     ` Alex Lee
2022-06-28 23:22                       ` Peter Todd
2022-06-29  5:02                         ` Alex Lee
2022-06-28 23:20                     ` Peter Todd
2022-06-29 10:44                     ` Kate Salazar
2022-06-30 15:25                       ` Billy Tetrud
2022-07-03  9:43                       ` Peter Todd
2022-07-03 10:30                         ` Giuseppe B
2022-07-06  4:28                           ` Corey Haddad
2022-07-06 11:10                             ` vjudeu
2022-07-07  0:46                               ` Billy Tetrud
2022-07-07 12:15                                 ` vjudeu
2022-07-07 14:05                                 ` Erik Aronesty
2022-07-07 14:10                               ` Giuseppe B
2022-07-08  5:03                                 ` Billy Tetrud
2022-06-30 17:04                     ` Erik Aronesty
     [not found] <mailman.9.1657195203.20624.bitcoin-dev@lists.linuxfoundation.org>
2022-07-07 13:24 ` John Carvalho
2022-07-07 14:12   ` Peter Todd
2022-07-07 16:24     ` Eric Voskuil
2022-07-07 17:37       ` Erik Aronesty
2022-07-07 19:57         ` Eric Voskuil
2022-07-07 21:11           ` Erik Aronesty
2022-07-08  0:28             ` Eric Voskuil
2022-07-08  4:59               ` vjudeu
2022-07-08  7:26                 ` John Carvalho
2022-07-08 15:14               ` Erik Aronesty
2022-07-14  4:55                 ` Billy Tetrud
2022-07-07 22:06     ` Anthony Towns
2022-07-07 22:02   ` Corey Haddad
2022-06-03 18:39 alicexbt
2022-06-04  0:29 ` micaroni
2022-06-04 18:43 ` Jorge Timón
2022-06-05  4:18   ` alicexbt
2022-06-08  3:51     ` Billy Tetrud
2022-06-08  9:22       ` Jorge Timón
2022-06-09  4:30         ` Billy Tetrud
2022-06-09  0:03     ` Ryan Grant
2022-07-19  4:44 ` Anthony Towns
2022-07-19 14:46   ` alicexbt

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