Hello my friends,
I’ve been analyzing the economics of ltc and btc and noticed a major flaw in the distribution of both cryptocurrencies (I’m obviously not the only one who saw this problem but I want to address it now before it’s too late). We all know that the block reward is gradually disappearing which will leave the miners with the income from the transaction fees. A fix supply just couldn’t work (both an excess supply or an excess demand lead to a market inefficiency). I’ve posted this topic on bitcointalk and it led to a messy debate (the conversation got out of control and the thread was eventually locked by the moderator).
I just want to know what the litecoin community thinks about an adjustable blocksize cap as long term solution for that issue…