Hacker News new | past | comments | ask | show | jobs | submit login

As for the miners, yes, they pursue their own self interest, of course. But what they are really doing is helping the network process transactions. So it's very similar to how Adam Smith described businessmen in a free market: they don't need to believe in higher ideals or something, they can be greedy and such, but they inevitably will do good.



Join us for AI Startup School this June 16-17 in San Francisco!

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: