
This Week In XR 8-19-2022 ft. Tony Parisi
The AI XR Podcast
00:00
Block Chain and Cryptocurrency - Is There a Crypto Currency?
There is an l one token, and that l one token will be used for all the economics that happen on this block chain. So every time a transaction happens, for example, to create a new virtual object and put it on the block chan call out a transaction with the lamina one token. And anyone who's a service provider or a note operator, anybody participating in what has to happen to make sure that transaction is secure are also participating with lamina on coins. Since proof of stak is potentially so frictionless, and the gas fees ar so low, how to no operators get compensated? We're figuring that out.
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