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You can't run a blockchain without miners either; we're both omitting things from our models.
by ajkjk 9y ago
You can't run a blockchain without miners either; we're both omitting things from our models.
- snissn 9y agoyou need the post office too - don't see your point
- snissn 9y agomy original point is that there are distributed database engineers who are excited about the technology behind blockchain, hi!
- stjohnswarts 9y agoIf that is true what happens when all the bitcoins are basically mined out? That doesn't seem to jive.
- Scarblac 9y agoThen miners need to recoup their costs entirely by transaction fees, or they stop mining and the network will be (even more) vulnerable to hostile takeover.