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In this case, wouldn’t institutions mine their own blocks in order to avoid high transaction fees?
by arealaccount 3y ago
In this case, wouldn’t institutions mine their own blocks in order to avoid high transaction fees?
- dale_glass 3y agoThere's no such thing as "own blocks". There's a single world-wide winner of the mining competition per 10 minutes. So if you want to have free transactions 50% of the time, the way to get there is to take the current world-wide mining capacity, and replicate it. That's obviously not a viable tactic.