0 sats \ 1 reply \ @Signal312 21h \ on: Fedimint: Scaling Bitcoin for Billions of People? bitcoin
What's supposed to incentivize the guardians to do all the work required? It seems like it's considerable. And lots of responsibility.
Are the guardians making money off it?
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21 sats \ 0 replies \ @teemupleb OP 20h
I think at the early stage they would be doing it purely from altruistic reasons.
Maybe better incentives need to be thought of.. or maybe because of the social features the Fedimint protocol enables, people would be doing it voluntarily, just like people admin WhatsApp or Facebook groups for social reasons without expecting financial profits.
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