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by phoneboy 3106 days ago
why? please add some comment.
1 comments

because the fees thing is very semantical

people have an abundance of computational power and can process IOTA transactions

there is no lowered balance of IOTA for performing this or sending more IOTA to a destination

the article goes on about how the computational power is a fee for no other reason except to discredit the IOTA devs

would be stronger if that point was removed, it isn't a point of contention and can be explained elsewhere

> the article goes on about how the computational power is a fee for no other reason except to discredit the IOTA devs

Well someone has to buy hardware and pay for electricity to run the computers.

Computational power is not free, unless you're running a botnet or something.

> people have an abundance of computational power and can process IOTA transactions

And they get in return... ?

A warm fuzzy feeling for having paid money for hardware and electricity so someone else can put something on a blockch-- whoops, I mean a "Tangle."

yeah but I didn't ask you or anyone about that, or say that it wasn't a form of a fee, I was explaining what the grand parent comment saw as obvious as it was obvious to me too.
> people have an abundance of computational power and can process IOTA transactions

On IoT devices?

Plus they state that having to participate in the network as a full node (fridge using 99% of your bandwidth) is also a "fee" in this context.

> ...for no other reason except to discredit the IOTA devs

They seem to be doing a fine job of that on their own -- reading the linked page where people can't recover their coins (plus having to jump through a bunch of hoops) because they were focused on unrelated projects seems bad.