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> Sure, but why do we need a separate currency for all of this in the first place? I might be answering the wrong q, but the separate currency represents the c
by brianvli 6y ago
> Sure, but why do we need a separate currency for all of this in the first place?
I might be answering the wrong q, but the separate currency represents the cost of a transaction in the network. I.e. the amount you're willing to pay to send a transaction in the network and the amount a staker is willing to receive in exchange for validating your transaction
How else would you represent that cost in a crypto network? Some kind of currency needs to represent the transaction cost.