[jl2718]

Perhaps it’s important to remind ourselves of the purposes of Ethereum and Bitcoin transaction fees. Bitcoin stores state in UTXOs, so transaction fees are paid for block space, and scrypt removed the loops and recursions to prevent a DOS attack. Ethereum is a memory state machine, so the fee is mostly for the expansion of that state, and additionally enables loops and recursion while using gas as DOS protection. In both cases, the actual processing cost is hardly relevant, and poorly implemented. I don’t doubt the utility of a blockchain based on computationally-relevant gas, but that would probably be a different type of project.

[heckerhut]

Have you looked at DFINITY? It seems they want to get into that space.

[jl2718]

Yes. Dominic is a friend of mine, and I’m endlessly impressed by what he’s been able to accomplish across the entire stack.

But I’m a US citizen, so I don’t own any.