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This doesn't remove cost. It just imposes it on the owners of blockchain nodes, which presently don't charge anything because crypto coins shooting through the
by nonameiguess 5y ago
This doesn't remove cost. It just imposes it on the owners of blockchain nodes, which presently don't charge anything because crypto coins shooting through the roof means they can pay for running the node by just holding coins. This can't stay the case forever. Pushing cost somewhere else doesn't remove it.
- DennisP 5y agoI don't think anyone here argued that blockchains are totally free to run, just that developers don't have to pay. Mainly the costs are paid by users, who pay fees to miners for running their transactions. You don't have to run a node to hold coins. A piece of paper can do it.