To me, incentives can be intrinsic (built into the system) or extrinsic (outside the system). Each has pros and cons. Bitcoin is intrinsic, based on mining rewa

To me, incentives can be intrinsic (built into the system) or extrinsic (outside the system). Each has pros and cons. Bitcoin is intrinsic, based on mining reward and tx fees. Traditional private blockchains are extrinsic, where the folks running the network are incentivized to pay for hardware based on cost savings, higher profits, etc, ie something extrinsic to the network itself. IPDB is also extrinsic where the folks running the network participate because they care about the future decentralized internet, and their costs of running a node are covered by SaaS-style transaction fees.