I stumbled on an article: Too Cheap to Meter
If the amount of computing power for a given cost doubles every two years, then the cost of a given unit of computing power must halve over the same period. (Mead’s Law).
I agree with this statement, except a correction to inflation (our reality nowadays).
The next biggest thing to become too cheap to meter is cryptocurrency transactions. Different layers are being built with lower and lower transaction fees. The next logical step is zero.
Chia network should strive to keep transaction cost as low as possible. This is the critical key to its success. Look at Bitcoin: it cannot be a medium of exchange, because it costs so much to send a transaction, it defeats the purpose. The Eth “gas” prices are catching up.
The “zero” cost of transactions enables the “dust storm” phenomenon. Perhaps Chia blockchain should find a balanced transaction cost that is very cheap and minimum hardware requirements to full nodes that can handle the load.