Replying to Avatar McCoy

Found Noded. Always amazed when I stumble across new high signal stuff.

Paraphrasing Pierre & Bitstein’s take on security budget from 0.79.0

**Put coins (units) on ledger without seigniorage**

**Decentralized clock**

DA-POW solves both problems

🔥🔥🔥🔥
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McCoy 2y ago

Marginal cost = marginal revenue for putting units on the ledger

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McCoy 2y ago

Keeping the cost of “un-censoring” LOW is the goal

If a users transaction is censored the system has a mechanism to fight it: fees

Antifragile. Responsively Resistant

“Friendly and easy”…..unless attacked