/biz/ - Business & Finance

>>55061291
>High-reputation services (enabled by staking) are strongly incentivized in any market to behave correctly and ensure high availability and performance. Negative user feedback will pose a significant risk to brand value, as do the penalties associated with misbehavior (slashing).
>Consequently, we anticipate a virtuous circle in which well-functioning oracles develop good reputations and good reputations give rise to incentives for continued high performance
>>55061402
>mining fees come from previously uncirculating coins
mining fees come from mining new BTC, that's not subsidization at all.
>There’s also sybil resistance, transfer&call, behavioral incentivization.
all of the above are only enabled through staking