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author of a decentralized cryptographic system myself (we're ranked #2 in Blockchain on GitHub: https://github.com/topics/blockchain https://github.com/topics/b
by marknadal 9y ago
author of a decentralized cryptographic system myself (we're ranked #2 in Blockchain on GitHub: https://github.com/topics/blockchain https://github.com/topics/blockchain), and I have some concerns:
How do you prevent siacoin storage owners from forking the chain to reject the siafund storage fee? They have an incentive to do so, and technologically nothing stops them.
- nemo1618 9y agoThe fee improves the health of the network, because it incentivizes siafund holders to do whatever they can to increase the amount of data being stored. So Nebulous Inc. (developer of Sia and the largest holder of siafunds) wants to make Sia scalable and easy to use; other siafund holders might develop third-party apps or simply buy ads for Sia. Disclosure: I co-founded Nebulous.