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Crpytocurrency/Money isn't the only way to incentive people. If a group of decentralized entities have a common interest that could be solved with a blockchain-
by ssharp 11y ago
Crpytocurrency/Money isn't the only way to incentive people. If a group of decentralized entities have a common interest that could be solved with a blockchain-type technology, it might make sense for them to throw computing power at it because it still creates value, even without a currency.
- vomitcuddle 11y agoFor the blockchain/proof-of-work concept to truly work, everyone should be offered some sort of incentive to participate in the network. It's the best way to ensure that a single actor can't gather enough computing power to take control of more than 50% of the network.