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Essentially this is the promise of the blockchain. Imagine one massive global database where anyone can store anything in encrypted form. Free, forever.
by xwdv 6y ago
Essentially this is the promise of the blockchain. Imagine one massive global database where anyone can store anything in encrypted form. Free, forever.
- logram 6y agoI was under the impression that you paid for a transaction. That wouldn't be free, would it?
- sp332 6y agoPaying puts your transaction near the head of the queue. This matters more when there's a backlog. If you're willing to wait for things to clear up, you don't need to pay. https://bitcoinfees.net/ https://bitcoinfees.net/
- eloff 6y agoThere is no free lunch. That goes double for proof of work algorithms.
- LASR 6y agoWhen something called "proof of work" is so central to an idea, it can't be at the same time, "free".