I saw @lylepratt share this poll on X, and thought it would be a good one for SN too
Yes14.3%
No85.7%
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I saw @lylepratt share this poll on X, and thought it would be a good one for SN too
Blockspace is a private good. @Murch observed the other day that the UTXO set is a common pool resource which is not ideal. If a good is rivalrous, you really want it to be excludable.
I should mention that I have zero economic training, so I would not consider myself an authority on terminology in that regard
I think you're correct. UTXOs carry additional costs for node runners and additional benefits for transactors but we only pay for blockspace.
Do you mean it in the traditional economic sense of rivalrous but non excludable? If so, it's not a common good. But I'm not sure what you meant by common good.
yes
fwiw I think the correct term for this, rivalrous but non excludable goods, is common pool resource.