Right i understand that, but what if the “perfect market” price is more than I’m willing to pay? Because how I understand it, its adjusted on the go, is there a settlement time?
I might be wrong but it just seems so arrogant to think that you can design a better system than the free market. Many people have tried and failed. I’d love to be proven wrong, again, I might need to read up more on this point.
One process is considered more wasteful than the other.
Yes but it says without wasting any resources. Should read, more efficient or less wasteful. Unless you wanna trigger the Bitcoin crowd.
Edit: One more thing…
This statement has nothing to do with exchange markets but rather the price paid in safecoin for resources.
Does this mean that safecoins will not be tradeable outside the network?