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Ah okay thanks for helping. I guess in the case of RaiBlocks, since you're only transacting currency (not Turing complete smart contracts) there isn't really a

Ah okay thanks for helping. I guess in the case of RaiBlocks, since you're only transacting currency (not Turing complete smart contracts) there isn't really a need for fees to prevent the halting problem like you have with Ethereum. I've made a list of tokens that I'm trying to categorize[1] so I think I've got RaiBlocks in the right place. Is Bitcoin slightly over designed in how the fee structure is implemented for the problem it's solving? [1] - https://cryptostream.com/token-utility/ https://cryptostream.com/token-utility/

sova 9y ago
In BTC land PoW = fee. In RaiBlocks they use it more like a Captcha before sending a transaction, effectively getting rid of Fees because it's just as useful anti-spam. (However, I think that fee transactions are actually quite important in a blockchain because you don't want nodes wasting resource adding and checking nonsense even if the captcha was computed.)