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Re:Tarsnap Support for Bitcoin Ending April First by SimbaOnSteroids on Sunday January 28, 2018 @02:07PM (#16252803)
Don't all the chains need their own currency? I was under the impression that both proof of stake and proof of work required that there was some form of native currency so that there was some incentive to secure the network.
Re:Tarsnap Support for Bitcoin Ending April First by brndnmtthws on Sunday January 28, 2018 @02:27PM (#16252941)
Not necessarily. There are also some coins which use methods of securing the network which don't require incentives (ex: RaiBlocks).
Re:Tarsnap Support for Bitcoin Ending April First by SimbaOnSteroids on Sunday January 28, 2018 @05:33PM (#16253989)
Then how does RaiBlocks plan on paying the bills of running a node.
Re:Tarsnap Support for Bitcoin Ending April First by Donzo on Sunday January 28, 2018 @07:22PM (#16254469)
The proposition is that free, instant transfers are so awesome that people will voluntarily run nodes.

I like Raiblocks. It really functions the way that people want Bitcoin to function (free, instant, complete [no dust] transfers).

Re:Tarsnap Support for Bitcoin Ending April First by brndnmtthws on Sunday January 28, 2018 @07:16PM (#16254439)
I suggest you read the white paper if you're interested: https://raiblocks.net/media/RaiBlocks_Whitepaper__English.pd...