So I've been reading up on the BTC model after POW phase ends and converts to a transaction based reward system. Just thinking I rarely see it mentioned for these "altcoins".
Are there any that have passed the end of their POW phase and are still functional? I know some were POS only so not sure if they count.
How does the network hash rate compare?
Transaction/confirmation times?
Transaction fees vs block rewards?
Are supporters pointing miners at the coin simply to keep the network active with no monetary incentive?
Just curious and it's hard to keep up with all the coins these days. Please don't flame me for not searching through them all effectively.
I've been researching this recently.
My conclusion is that no stable coin with longevity in mind has yet successfully migrated from block reward to transaction fee remuneration.
Bitcoin should be well on the way to migrating to transaction fee funding of miners
by about 2030.
I am currently
specifying and developing a currency which aims to do this migration 10 years earlier and should have completed migration before bitcoin really starts.
I've included rationale for each decision in my writings, if you'd like to discuss any of them in relation to bitmark, or just in general, I'd be more than happy to join you.
