I gather there’s significant resistance within the leadership community to adopt a Bitcoin-style fee model, but I’m wondering if anyone can explain why.
If minting nodes prioritized transactions with the highest fees and minters received those fees for proving a block, it has a few benefits:
- It further incentivizes PoS participation.
- It’s not inflationary or deflationary (like the current fee is).
- The fee scales up and down with the real world exchange rate for the coin.
So what’s the issue? This seems like a far better design to me.