On 3/9/2016 3:18 PM, Henning Kopp via bitcoin-dev wrote: > Hi, > > > However, I think it could actually increase > > confidence in the system if the community is able to demonstrate a good > > process for making such decisions, and show that we can separate the > > meaningful underlying principles, such as the coin limit and overall > > inflation rate, from what is more akin to an implementation detail, as I > > consider the large-step reward reduction to be. > > I do not think that a line can be drawn here. As far as I understood, > you think that the coin limit is a meaningful underlying principle > which should not be touched, whereas the halving of mining rewards is > an implementation detail. The two are very closely tied together and > changes to both of them would result in a hardfork, if I am not > mistaken.
I believe that you are mistaken. The two are almost-completely unrelated, and (as Dr. Back has been pointing out for a very long time now) the halving of mining rewards can be modified with a soft fork. http://www.truthcoin.info/blog/mining-heart-attack/#smooth-the-disinflation-out _______________________________________________ bitcoin-dev mailing list bitcoin-dev@lists.linuxfoundation.org https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev