It wouldn't take a hard fork. #Bitcoin didn't have #transaction #fees. That was added later. Bitcoin doesn't need transaction fees, and that's all that really matters. If the block reward isn't enough incentive for some. There are loads of other miners that would love to have it. The fees have to go. They're theft, unauthorized taxation and trouble. Bitcoin doesn't want to pay transaction fees, and it doesn't have to..⚖️👮♂️🧡😊
Theoretical question… What would it look like if you had a mining pool that had say 15% of global hashrate and didn’t have fees. Imagine for the sake of this argument that its hash power is funded by some deus ex machina foundation. What would that look like and would it change anything?
Nothing really changes. The incentives remain the same. The incentives are the block reward. You just eliminate some unwanted inflation and debasement. The reason for the long gradual reduction in block reward is to wean miners off of bitcoin's tit. Unneeded transaction fees significantly damage the Bitcoin protocol. Turning Bitcoin miners into titty babies at all OUR! expense..👍🧡😊
Keep me in the loop on this matter. In the meantime, I will do some more research. I appreciate the reply and your take on this this. ✌️