kaal:claim:3782198-034

A decentralized banking DAO built on top of the Bitcoin ledger could charge a smaller fee to hold minor transactions temporarily and bundle them into a single larger Bitcoin transaction on the eternal blockchain.

Source quote, verbatim

A good idea for a DAO is a decentralized banking system built on top of the Bitcoin ledger that charges a smaller fee for temporarily storing minor trans- actions.

From

Craig Calcaterra, Wulf A. Kaal, Contemporary Decentralization (2021), New tools: blockchain protocols, p. 31
https://ssrn.com/abstract=3782198 · source PDF

Cite as

Craig Calcaterra, Wulf A. Kaal, Contemporary Decentralization (2021). SSRN: https://ssrn.com/abstract=3782198

Holds when

proposed as a response to the permanent expense of on chain transactions

Classification

designsupport: speculativedaotokenomicseconomics

Verify

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