All cryptocurrencies are headed to the same fate then. Verifying and confirming a huge blockchain transaction will always be costly and those who own large servers won’t do it if it’s not profitable.
All cryptocurrencies are headed to the same fate then. Verifying and confirming a huge blockchain transaction will always be costly and those who own large servers won’t do it if it’s not profitable.
the transaction fees cover the miners, I'm mining ethereum making bank.
it's a decentralized miracle, lol.
the transaction fees cover the miners, I'm mining ethereum making bank.
it's a decentralized miracle, lol.
In practice though, other currencies don't seem to be anywhere near as expensive or time consuming.
There also are potential models where the blockchain isn't constantly preserved: Old wallets which aren't actively being used are redistributed to the network contributors.
In practice though, other currencies don't seem to be anywhere near as expensive or time consuming.
There also are potential models where the blockchain isn't constantly preserved: Old wallets which aren't actively being used are redistributed to the network contributors.
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