This exemplifies the fraud of zero transaction fees.

There is no free market competitive process?

Who decides how much the storage providers are paid? Governance right? Well as we know, governance is a power vacuum always captured by those who can steal the most from the collective via kickbacks and such.

This is why governance does not Internet scale. Ian Grigg is incorrect.

These are very difficult problems to solve. Perhaps insoluble. Humanity has been dealing with this insoluble problem of coordination power vacuum since the inception of civilization. That is why Vitalik, myself, and others have been researching these matters for years.

Dan rushes with an adhoc system which does not really solve the fundamental issues of decentralization. That is fine. But please do not lie.