Is there a minimum size of network for a cryptocurrency to be viable?
Is there a minimum size of network for a cryptocurrency to be viable? I am not a technical person, so easy answers will be greatly appreciated. What is the relevant unit for size of the network for this question? Nodes? Miners? Wallets? Users? If a cryptocurrency has a very small network, e.g. 10 users, will it have 'technical' (not marketing) problems to function as a currency? (Like protection against hacking, efficiency of transaction speed and cost, etc.) If yes in #2, what size of network would be required? 1000? 10,000? 100,000? http://ift.tt/2kiq6C1