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replied 44d
What would be the mining incentive for a blockchain that is mainly for a social network?
replied 43d
Why use a blockchain that needs to be mined? PoS or BGP validation are better suited. Low latencies and low fees
replied 42d
What do you mean by BGP based validation?
replied 42d
Byzantine Generals Problem (XRP/XLM, etc)
replied 42d
I regard XRP as a scam currency with laughable issuance and release. When I looked into it many years ago the whole system seemed centralized and generally pathetic.
replied 42d
Personally I prefer CPU or GPU based POW.
replied 42d
Why?
replied 44d
Being global p2p money and being the backbone of blockchain based social media goes hand in hand.
replied 44d
The incentive is the same as with any other similar network (block rewards (initially) and fees).