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by SimbaOnSteroids 3066 days ago
Don't all the chains need their own currency? I was under the impression that both proof of stake and proof of work required that there was some form of native currency so that there was some incentive to secure the network.
1 comments

Not necessarily. There are also some coins which use methods of securing the network which don't require incentives (ex: RaiBlocks).
Then how does RaiBlocks plan on paying the bills of running a node.
The proposition is that free, instant transfers are so awesome that people will voluntarily run nodes.

I like Raiblocks. It really functions the way that people want Bitcoin to function (free, instant, complete [no dust] transfers).

I suggest you read the white paper if you're interested: https://raiblocks.net/media/RaiBlocks_Whitepaper__English.pd...