Finite and infinite don’t really make sense in terms of supply. Better to talk about emission strategy rather than supply.
Hard cap vs soft cap (constant emission or tail emission)
Discussion
Good points. I think soft cap and hard cap may be a bit more technical language, and finite / infinite less precise but intuitive.
I was actually refering to the block size being limited and scarce, creating a desire to get in a block, which is what bitcoin lets you prioritize
There are other models that could work too. A large space with a min fee. Fees as a % instead of flat, but then others could under cut you.
I'll think of other ways to phase this, probably a whole essay (or book!) could be written on this topic alone.
Thanks for the feedback.
Exactly.
Fixed emission > fixed supply for long term blockchain security.
Gold doesn't stop working or threaten it's security if people stopped mining it. Unlike Bitcoin.