How can we reduce the utility of Ethereum?
Some blocks, for example 6819614, are without transactions but they are rewarded.
Ethereum provides two incentives for miners: block rewards and transaction fees.
- All miners have an interest in the cryptocurrency’s long-term health;
- Miners may deviate in the short-term to maximise their profit (Bonneau ‘16).
How can we reduce the utility of Ethereum?
Easy - reward miners for mining empty blocks.
How can we reduce the utility of Ethereum?
Some blocks, for example 6819614, are without transactions but they are rewarded.
Ethereum provides two incentives for miners: block rewards and transaction fees.
How can we reduce the utility of Ethereum?
Easy - reward miners for mining empty blocks.