Proposal to include EIP-3368 in London
Closed this issue · 3 comments
@bitsbetrippin has authored EIP-3368 and signaled on discord he would like to discuss its potential inclusion for London
From the ETH R&D discord:
Regarding the EIP that increases mining reward and then tapers it off. I do not think most of core devs that join the call are necessarily "championing" EIP-1559, so it is a bit unfair to ask them to adjudicate political issues like that. Yes, it is political, and important issue, but not sure what is expected from Core Devs on the call? They cannot commit either way on behalf of all people who are for and against EIP-1559, so having this on ACD is just going to make everyone frustrated and disappointed. If they are looking for some kind of pronouncement from Hudson or Tim, this pronouncement can be made in a different place
Personally I would oppose any increase to block reward (disclosure: tiny bags with a long term hold plan), I see only bad things happening with the Ethereum price if issuance goes up, and my instinct is that it would cause a downward trend in ether price that would impact miners more than the 1559 base-fee burn would. I would want to hear from HODLers as well as someone with real market and economic experience to give assurance it wouldn't wind up making things worse for all stake holders, miners included.
Closing this as it was agreed to not include EIP-3368 in London on ACD108.