STORE Replaces Fees With Inflation While Maintaining Security
STORE discovered how to replace fees with inflation while offering security guarantees against DDoS attacks and spam, ushering in a zero-fee Web3.
Layer one blockchain miners are raking in the profits with fees and inflation (new token issuance).
Miners on Avalanche are earning a ~3,000x profit premium over the infrastructure costs to validate and store data for $AVA blockchain transactions. Solana miners are securing $SOL transactions at a ~2,000x profit premium. Blockchains are paying unprecedented profit margins to miners/validators.
STORE discovered how to replace fees with inflation while offering similar security guarantees against DDoS attacks and spam. Once through security audits, STORE Chain will usher in a zero-fee Web3.
Single Transaction Simulation on Other Protocols
Research was taken from 11/20/21-12/20/21. STORE Research will publish its zero-fee security spec in the upcoming STORE Economics Paper.
STORE will change the world’s relationship to computing resources and data.