363 sats \ 2 replies \ @k00b 31 Jan \ on: Is Bitcoin Blockspace a Common Good? bitcoin
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.
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100 sats \ 1 reply \ @Murch 1 Feb
I should mention that I have zero economic training, so I would not consider myself an authority on terminology in that regard
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21 sats \ 0 replies \ @k00b 2 Feb
I think you're correct. UTXOs carry additional costs for node runners and additional benefits for transactors but we only pay for blockspace.
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