Infighting in the Crypto Bros Family

Colin L. Read ()
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Colin L. Read: SUNY Plattsburgh

Chapter Chapter 22 in The Bitcoin Dilemma, 2022, pp 231-242 from Springer

Abstract: Abstract SatoshiNakamoto, HatoshiNakamoto, Satoshi created a mechanism for decentralized exchange that yields a decreasing minerminer reward structure and prophesized that transaction fees will outswamp mining fees by 2040 or 2044, unless a forkfork is agreed upon that advances this date. The bitcoin mining industry remains resolute in maintaining the lucrative Proof of Work rewards and hence electrical consumption and environmental degradation nonetheless.

Date: 2022
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DOI: 10.1007/978-3-031-09138-4_22

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