I think that you don’t actually need mining rewards/fees to incentivize mining... people who just hold the coin are incentivized enough to mine merely to protect their investment.
I believe it’s reasonable to expect people would spend 1-2% a year (probably more) to “store/protect” their wealth, especially something that has the volatility of crypto.
I think that you don’t actually need mining rewards/fees to incentivize mining... people who just hold the coin are incentivized enough to mine merely to protect their investment.
“When skating on thin ice, our safety is in our speed.” - Ralph Waldo Emerson
Memo now has a faucet, no bitcoin required :)
Oh wait, maybe I’m confused... so you don’t need to use the bitcoin.com faucet to fund your address first, you can post immediately (and you guys fund it from another faucet)?
Yeah, just trying to explain I semi-figured it out... and thanks for all the tips everybody!
Should the Bitcoin Cash blockchain be used to permanently publish/index .torrent file metadata?
Yes
Definitely. You could just have one known address and people send bch payments to it with the magnet link and meta data in the op_return to “post”.
