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> Bitcoin's big invention is that miners are economically incentivized to work in the best interest of the network. That sure is a powerful invention, but this
by tomtomtom777 6y ago
> Bitcoin's big invention is that miners are economically incentivized to work in the best interest of the network.
That sure is a powerful invention, but this does not mean decentralized networks cannot exist without it. Most are running fine without any financial incentive.
There are always incentives to aid the network simply by being a user.
If Nano can provide security with a different model, why would that be "dumb"?
- harwoodleon 6y agoExactly, to think that Bitcoin is the final crypto invention is like thinking MySpace was the final social network.