Another way to think about this thread: Money is the economic system’s equivalent of “working capital”. It’s a buffer between capital inflows and outflows. Blockchain tech enables faster settlement, reducing the need for working capital.https://twitter.com/tusharjain_/status/989653842257154048 …
3) Is it going to be a decentralized/permissionless chain? 4) If so, what native monetary coin will be used to secure this chain? 5) How will you natively incentivize miners/validators to secure this chain?
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These are great questions. I expect we will need to invent a mechanism for the security to be funded by more than just the base layer. Possibly a Cosmos style chain of chains would make sense here.
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