Tokens Too Cheap to Meter
The article discusses the concept of 'tokens too cheap to meter', which refers to a situation where the cost of creating and storing digital tokens, such as those used in blockchain-based systems, is lower than the cost of metering and tracking them. This has implications for the use of tokens in various industries, including finance, supply chain management, and voting systems. The article explores the potential benefits and challenges of this concept, including increased efficiency and security, but also the need for new standards and regulations to ensure the integrity of token-based systems. The author also discusses the role of companies like Chainlink and Polkadot in the development of token-based systems.
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