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replied 74d
...and currently around 10% of all tx Re using the memo protocol. Still, I have the feeling not everyone in BCH really embraces it for whatever reason 🤔
replied 73d
BCH is not suitable so they have a point.

We need a new blockchain without the crippling limits and without the Bitcoin name.
replied 73d
What would be the mining incentive for a blockchain that is mainly for a social network?
replied 71d
Why use a blockchain that needs to be mined? PoS or BGP validation are better suited. Low latencies and low fees
replied 71d
What do you mean by BGP based validation?
replied 71d
Byzantine Generals Problem (XRP/XLM, etc)
replied 71d
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 71d
Personally I prefer CPU or GPU based POW.
replied 71d
Why?
replied 73d
Being global p2p money and being the backbone of blockchain based social media goes hand in hand.
replied 73d
The incentive is the same as with any other similar network (block rewards (initially) and fees).