I have definitely hit a writers block on this.
I'm staring at it, and reading people's input. so far I've ascertained three things that should be addressed:
- An example of how Peercoin and Nxt wouldn't be able to scale as currently implemented
- Explain how Ethereum's proof of chain (honestly, I don't even know what that is- is
this relevant?) doesn't scale
- an example of what our costs will be and how they will scale (BM basically fed me that, so that one shouldn't be too hard but having trouble figuring out where to slide it in)
added this paragraph to try and cross out the last point:
This extra efficiency could be used to benefit the network as a whole. In DPOS, assuming an operating cost of about a hundred dollars a month, this works out to a need for $10,100 per month necessary to compensate delegates. Assuming one transaction per second this necessitates a fee of $0.004 per second, but as the number of transactions per second grows, this the amount that must be charged goes down until improved hardware becomes a factor. Setting the fees to a competitive $0.05 or $0.10 per transactions would provide extra income for delegates to promote or market the infrastructure as a whole, and profit shareholders. As more and more people pile onto the network it becomes more possible to continue lowering fees and give more back to shareholders.