Hi Paul, thank you for the reply. Thinking out loud here: Wouldn’t there be a big chance that such a proposal is rejected by the community because this would effectively lower the staking rewards? There seem to be some conflicting interests if it were to come this far. Who would have the last say in such a case? The holders/stakers, the node operators, the users, or the foundation?
If Algorand would get to Ethereum’s current marketcap, that would mean a 120x increase in price, translating to transaction fees of around 3c per transaction. Still relatively cheap, but probably too expensive for mass adoption as a universal currency.