Discover and read the best of Twitter Threads about #stake

Most recents (2)

Just had a wild idea, so bear with me:
Imagine an #opensource #cryptocrowdfunding model for software products, the kind you buy from @awscloud @Azure @GCPcloud and also the smaller players like @digitalocean and @Rackspace m, where there are no hardware licenses. 1/
You don’t even have to run the software or have access to the hardware running it in this model. Instead of #softwarelicensing, #developers set #crypto #staking thresholds which act as #digitalaccesscontroltokens; #stake x of whichever #Crypto, or y of another, with a discount 2/
when using the project’s #sidechain. So you get staking setup, and essentially get #APIkeys which allow you to join the network in r/w mode. Or you could say to heck with all that, I just want to pay someone. You can pay the network directly to do the work the software does. 3/
Read 10 tweets
So many terms floating around lately in relation to #DecentralizedNetworks, protocols, staking, and mining. The following Twitter-Wiki is how I understand all of these closely-related, but subtly different concepts. . . 👇
#DecentralizedNetwork - In our #Blockchain context, a P2P network with a protocol that can trustlessly transfer value in the form of #DigitalAssets.
#GeneralizedMining - Extraction of on-protocol compensation from #DecentralizedNetworks through the provision of #SupplySideServices, liquidity, or alpha-generating activities. (cc @coinfund_io, @JoeLallouz)
Read 25 tweets

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