Post
Topic
Board Altcoin Discussion
Re: DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?)
by
patmast3r
on 19/01/2016, 13:59:13 UTC
If you think anybody will be willing to secure the network without direct incentive especially after Bitcoin introduced mining incentive, you are in delusion.

I think you are very incorrect with this thinking - currently people spend "hours every day" creating content on Facebook or other such things for *zero profit*. Why on earth would they do that?

If you can simply get those people to run a (presumably low-power requirement) node then you will be able to secure a blockchain without needing block rewards at all (effectively it is your cost to be a part of a social network).


From what i can gather it's even simpler than that. They'll need to contribute to securing the network in order to send a transaction.