What is the incentive for miners to keep maintaining the network? BCO transactions outside of exchanges are still carried by Scrypt PoW if I understood correctly. So are the transaction fees not too small to discourage reorg attacks?
You can't mine anymore... all coins are mined. You only have to stake your BCO at Cryptobridge for at least one month and get bi-weekly your rewards.
The staked BCO are just for the reward system as you say, it does not mean your client validates transactions as far as I know. This is what I am curious about. If I want to send BCO to you for example, I think there still has to be a miner who creates that block, even though there are no more block rewards.
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Re: [ANN]★CryptoBridge★BCO★🔹Decentralized EXchange 📈RELEASED NOW BETA🔹
by
Radieer63
on 27/02/2018, 14:16:04 UTC
What is the incentive for miners to keep maintaining the network? BCO transactions outside of exchanges are still carried by Scrypt PoW if I understood correctly. So are the transaction fees not too small to discourage reorg attacks?