⬡ 🟥 Georges Danton 🟥 ⬡
@gggeorgegggg
🟥 Saito maxi 🟥 “Kings and emperors threaten us, but now you have thrown down the gauntlet to them. That gauntlet is the head of a king.” 🟥 Openness maxi 🟥
ID: 1398282299326746627
28-05-2021 14:17:56
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@RobinBrooksIIF crypto networks are non-excludable commons that incentivize their own provision @RobinBrooksIIF. your frame of reference should be public choice theory. before 2008 we couldn't have commons w/o privatization - adding trusted-third party who could tax/monetize network effects
NNova | DeFi Muk 🟥 Paying nodes to collect fees means that users (who pay fees), by choosing which node to route their transactions through, can choose nodes which provide services they want (e.g. create dapps, serve higher bandwidth) PoR > PoW/PoS because it’s more secure & pays for network infra