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by pjc50 3657 days ago
The problem with a redesign is that the only way you're going to get a reliable design involves a lot of formal verification, which is a rare skill and time-consuming to perform.

Whereas the cryptocurrency space is a startup environment: there's huge pressure to launch first so that you can get the money that people are begging to throw into untested speculative finance systems. And the refusal to countenance human control or any of the normal forms of accountability - these things are designed out of the system deliberately - means that there's going to be a long, slow, expensive period of designing them back in.

1 comments

> there's huge pressure to launch first so that you can get the money that people are begging to throw into untested speculative finance systems.

I got a good chuckle out of that one.