I've been trying to grok a relationship between pricing mint credit risk, LN liquidity, and miner revenue.
Exiting a mint incurs fees, and fees are what power LN and the base layer. Miners will ultimately want predictable fee revenue. Are hashrate derivatives the glue that binds them together?
Yeah check out what BlockSpaces does
Nailed it!
Imagine a proxy mining pool that operates as a community ecash mint and mines up lightning liquidity from block rewards.
Package it up as a self-hostable binary and suddenly anyone on earth (or off it) with access to electrical generation capacity can bootstrap a local economy from nothing.
This is the future I want. A more free and fair world for my kids' kids.
