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What Particl blockchain emission rate changes should be proposed in the upcoming on-chain vote? [2025]
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Selected thesis
[ ARGUMENT ] The Particl blockchain should have a hard cap (fixed maximum supply).
Pros
Cons
Pro claim 1
A hardcap may instil speculative store of value confidence for a certain subset of cryptocurrency users.
Pro claim 2
Comparatively to Bitcoin, the Particl blockchain may generate enough fees via Particl Marketplace trades to appropriately fund stakers.
Con claim 1
Fees may not be enough to sustain the required node security (e.g., Bitcoin's fees are ~1% of its emission).
Con claim 2
A hardcap may be seen as a built-in EOL (end of life aka final stage of a product's existence) by a certain subset of users.
Con claim 3
The blockchain may lose security (genuine stakers) as we approach the hard cap as staking becomes more financially unappealing.