Quote from: user512 on June 10, 2020, 07:21:57 AM

We probably agree that all public DLTs need an incentive to verify transactions, and now I mean all transactions (even smart contracts that don't convert cryptocurrencies). So is there or can there be a public DLT that has no native token of its own to provide this incentive? I might ask even better: is it theoretically possible to have a DLT for smart contracts (such as Ethereum) and pay for transaction verification not with gas, but with a token from a completely different DLT? Like Bitcoin?

This approach sounds interesting. Did you perform any tests on it?

I always considered it to be a good thing to have the verification incentive and the ledger defined by the same protocol because it will then be simpler to verify and analyze the whole process. On the other hand I would consider it to be possibly very insightful for the theoretical analysis of both self-contained and externally-incentivized ledgers if someone had a working and robust example of the latter approach running.