I'm a welder, so I thought that I'd cut a slot in a wider piece of flat stock, slip the tang into the slot and arcweld the whole assembly together. (I've attached a drawing of what I mean to this post. Its not to scale, the tang isnt really that narrow. The welds are in red)
However, I have never welded on high carbon steel before, so there are a number of things I am worried about.
1: Will it weaken the tang at the shoulders if I weld on the tang and the bladeshoulders? I know it'll ruin any hardening at the tang, but as far as I have gathered, tangs dont need to be hardened anyway.
2: Is it a problem to weld construction steel (mild steel) to a high carbon tang?
3: Will I need to do any annealing afterwards, and if so, how should I go about it?
4: To stop the heat migrating to the blade itself, would a wet towel wrapped around the blade be sufficient? I can also do spot welds with a bit of rest in between to let it cool off, instead of making one continuous weld which would make the tang much hotter. Since i will also be doing two short welds at the tang shoulders, I imagine the hardening at the very base of the blade might get compromised.
Any advice would be appreciated.

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