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0 pointsjoeblau8y ago0 comments

Ah okay thanks for helping. I guess in the case of RaiBlocks, since you're only transacting currency (not Turing complete smart contracts) there isn't really a need for fees to prevent the halting problem like you have with Ethereum.

I've made a list of tokens that I'm trying to categorize[1] so I think I've got RaiBlocks in the right place.

Is Bitcoin slightly over designed in how the fee structure is implemented for the problem it's solving?

[1] - https://cryptostream.com/token-utility/

0 comments

sova8y ago

In BTC land PoW = fee. In RaiBlocks they use it more like a Captcha before sending a transaction, effectively getting rid of Fees because it's just as useful anti-spam. (However, I think that fee transactions are actually quite important in a blockchain because you don't want nodes wasting resource adding and checking nonsense even if the captcha was computed.)

j / k navigate · click thread line to collapse

0 pointsjoeblau8y ago0 comments

I've made a list of tokens that I'm trying to categorize[1] so I think I've got RaiBlocks in the right place.

Is Bitcoin slightly over designed in how the fee structure is implemented for the problem it's solving?

[1] - https://cryptostream.com/token-utility/

0 comments

sova8y ago

j / k navigate · click thread line to collapse