hazzvaan's avatar
hazzvaan hazzvaan@nostrcheck.me 3 months ago
I meant incentive to act as a miner, obviously, as otherwise there would not be decantralization and it would be just better to run a database. Whose shares/house/tickets/gold/whatever would the miner get as mining reward? AFAIK, there's no solution to the oracle problem without a trusted third party. I'm happy to change my mind with evidence to the contrary.
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DRE's avatar
DRE shss@nostrplebs.com 3 months ago
Not everything needs to be as decentralized as Bitcoin, obviously. But even if you wanted the changes of the ledger to be made through PoW then the incentive to mine would be fees of course. There are other benefits to tokenization that don’t require PoW. Again money and concert tickets don’t need to have the same guarantees. It’s like holding screws to the same quality standards as a heart valve. The idea that we shouldn’t improve the status quo because a perfect solution may not he possible is insane.
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