[capnorange]

the bricks are the blocks not the currency, here the value is in able to write their own names on the bricks with a sharpie.

[dperfect]

Still doesn't make sense to me.

> If they add their brick to the top, other students will pay them (in bricks) to write their own names on it with a sharpie

Other students are paying in bricks? Is that supposed to be transaction fees, mining (that's the sudoku puzzles), or what? And is there any indication that a name on a brick means anything (or can be exchanged for anything)? Is there a limit to the number of names on bricks? Can those names be verified at any instant, anywhere in the world with near 100% confidence?

I know it's a simplification for the purpose of making a point; it's just that the point becomes invalid when the simplification throws out the central characteristics of the thing that's being represented.

[capnorange]

sorry, I read it wrong trying to compare it to bitcoin.

I think the author is only demonstrating PoW/PoS and not Bitcoin itself.

> Other students are paying in bricks?

This is the transaction fees.

> Is there a limit to the number of names on bricks?

Not necessary.

> And is there any indication that a name on a brick means anything (or can be exchanged for anything)?

Pride, having taken part in building the biggest building.

> Can those names be verified at any instant, anywhere in the world with near 100% confidence?

This is only about PoW/PoS, not decentralisation. Ofcourse, PoW/PoS is meaningless if participants are not able to validate.

So, in the end it's all about the pride in being able be a part of the tallest set of bricks, hah!