/biz/ - Business & Finance

>>28355095
Leased Proof of Importance (LPoI)...the economic incentives created by LPoI are such that they compel major business partners and clients not only to run their own nodes, but to buy and stake LTO...in essence they would "get paid to pay their bills", or to run on the network on a "net zero" basis. However, the way LPoI works is that it penalizes staking MORE tokens than your actual network usage would justify. This protects against centralization. Too FEW tokens and they have to pay out of pocket for fees. This implies that any LTO that nodes require to run on a "net zero" basis are effectively removed from the circulating supply...in other words, a considerable supply crunch is inevitable. The basic economics of the whole network necessitate it.