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Ethereum Proposal to Raise Block Reward Draws Criticism

A new Ethereum proposal, EIP-3368, meant to increase miner rewards, has generated major pushback from the cryptocurrency’s community members like Aftab Hossain, who thinks the proposal distorts Ethereum’s “minimum viable issuance” monetary policy which aims to keep mining rewards as low as possible without compromising security. EIP-3368 proposes to increase the Ethereum block reward from…
By: Owen Fernau •

A new Ethereum proposal, EIP-3368, meant to increase miner rewards, has generated major pushback from the cryptocurrency’s community members like Aftab Hossain, who thinks the proposal distorts Ethereum’s “minimum viable issuance” monetary policy which aims to keep mining rewards as low as possible without compromising security. EIP-3368 proposes to increase the Ethereum block reward from…

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