How is the RAI blockchain secured without incentives for securing it? What about if only 10 people open up their wallets daily? I don't get how captchas will replace the pow/pos security
Bitcoin doesn't exactly have incentives for running a full node either. Miners could just mine blocks without processing any transactions.
So the fees paid to the miners are not incentives? whaaaaa???
edit: actually, since bitcoin is the #1 crypto used, I'm sure there is plenty of incentives and doubt empty blocks will be mined
My bad - yes, but they are so miniscule, that in theory if it's too costly to run a full node, it may be worth to just mine blank blocks.
I didn't explain myself correctly. What meant is that any system that has incentives also has some flaws.
My guess is that people who hold large Mrai balances will want to run a node, otherwise their holding will devalue.
Just like big BTC holders invest in technologies that help the whole ecosystem, not just themselves.