A note from Daniel

Blockchain networks fund hosting expenses through sustainable financial models that use tokens. Ethereum has tens of thousands of validators, or network-hosting servers, spread around the world. The network itself covers its own hosting costs— servers, bandwidth, energy—by distributing token rewards to validators. So long as there is demand for the Ethereum network, and users and applications pay transaction fees to use it, the validators get paid for the hosting services they provide. So the ground to build on isn't just solid and stable; it's rich in renewable resources.

Daniel Read Write Own, page 109 · March 5, 2024 Save to shelf
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