turnip_burrito t1_j0vzbsg wrote
I have not been persuaded by most of the proposed use cases for digital scarcity which requires massive compute (energy) to even function as a trustless distributed ledger and smart contract system.
To me it mostly seems like a toy, or more inefficient than centralized record keeping.
theDropout t1_j0w18a6 wrote
Current paradigms will be replaced by low-cost, low-energy, etc solutions. This is more about the underlying concept of a distributed database and how it affects other systems.
The same way that current AI is basically an expensive toy in its current form, but the concept of automated intelligence has massive consequences as it scales.
turnip_burrito t1_j0wg2q2 wrote
How do you secure a network against a 51% attack without making the resource requirements to run the network enormous, too large for a single party or coalition of parties to maintain?
theDropout t1_j0wgdnm wrote
I think Avalanches probabilistic consensus and XRP’s consensus has some novel answers to this question.
(They’re not 100% of the way there but they point at the solution, I think Flare Networks has adopted an interesting solution that layers these with the EVM)
turnip_burrito t1_j0wgn8m wrote
Thank you for the thoughtful reply.
Veneck t1_j0ze8kd wrote
It's a question to which the answer will be found in game theory and adjacent realms, but this really only matters in particular environments
Viewing a single comment thread. View all comments