The Merge (Part 1) - with Danny Ryan, Tim Beiko, and Hasu
Uncommon Core 2.0
Is There a Cost of Capital in Lidel Mining?
In both cases you have miners or stakers chasing that incentive and spending as much money as possible. In proof of work, why capital less? Some margin somesom like fixed cost is going to show up. And because the incentives are still, like, eith denominated, we can like drastically reduce,. kind of the total amount paid by the pearl call.
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