Thank you for the description. But I don’t particularly like the auction analogy.
Sometimes the lowest bidder wins. It’s probably closer to buying lottery tickets—more tickets = more chances, but all you need is 1 chance to win.
At any rate, I think the notion of collaboratively mining or searching for the block makes good sense to me.
Jibe ho! / prepare to jibe
npub1kc…fv98a
2025-02-10 11:17:14
in reply to nevent1q…vhm9
Author Public Key
npub1kcg0rqj9p2xjvkwtzcxm72n78rvugx5zywqnmzy9rxakz3mc0k5sdfv98aPublished at
2025-02-10 11:17:14Event JSON
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"content": "Thank you for the description. But I don’t particularly like the auction analogy. \nSometimes the lowest bidder wins. It’s probably closer to buying lottery tickets—more tickets = more chances, but all you need is 1 chance to win.\n\nAt any rate, I think the notion of collaboratively mining or searching for the block makes good sense to me.",
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