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I feel like decentralized solution like Bitcoin would solve the problems of responsibility, liability and trust. There needs to be economic incentives and costs
by mrkramer 6y ago
I feel like decentralized solution like Bitcoin would solve the problems of responsibility, liability and trust. There needs to be economic incentives and costs throughout the network. You as a processing node can support who ever you want and you can collect fees from them for processing transactions. For example if majority of nodes do not want to process certain transactions from certain individuals or organizations renaming nodes can charge high fees and earn huge profits meanwhile demotivating the sender/s of this transactions.
Satoshi mentioned feeding off of spammers[1] ; basically you farm money from malicious and toxic emails(content) or malicious and toxic transactions. This way you disincentive them to continue with their malicious operations.
[1] https://marc.info/?l=cryptography&m=123290127832572&w=2 https://marc.info/?l=cryptography&m=123290127832572&w=2
- hehehaha 6y agoNot everything can and should be solved by half-baked blockchain technologies.
- mrkramer 6y agoBitcoin was in alpha when Satoshi released it and then left 2 years later. If he/she stayed Bitcoin would be something like PayPal is today. Without founder/s projects aren't the same just like when Jobs left Apple, Apple almost disappeared under new leadership.
- mrkramer 6y agoTypo: remaining nodes*