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by verdverm
1922 days ago
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Except they really aren't that break through and imaginative. We had Merkel Trees, distributed algos, and consensus mechanisms beforehand. All the Satoshi paper did was to really solve the double spend problem by making people solve trival problems over and over. Hackers see this as wasteful as tech and as a societal contribution. We can build better systems that aren't as wasteful using proven methods. Keep in mind, here is not proof that staking will actually work, only proof of work has a proof. Taking a small quote from the article that aligns with what you want to be cool doesn't make it so. In the end, for most people, blockchain will be like ACH or some internal system that a bank wrote. The entire financial system is not going on the blockchain, it's not replacing the dollar. Wait to see how the Digital Yuan plays out. Keep pumping the fantasy tho, my diamond hands can hodl quite a bit. --- From Paul's article Those in authority tend to be annoyed by hackers' general attitude of disobedience. But that disobedience is a byproduct of the qualities that make them good programmers. They may laugh at the CEO when he talks in generic corporate newspeech, but they also laugh at someone who tells them a certain problem can't be solved. Suppress one, and you suppress the other. This attitude is sometimes affected. Sometimes young programmers notice the eccentricities of eminent hackers and decide to adopt some of their own in order to seem smarter. The fake version is not merely annoying; the prickly attitude of these posers can actually slow the process of innovation. --- Maybe pause to think about why HN has changed their attitude on blockchain from 2017. Pause, listen, and think |
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