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by stale2002 1373 days ago
> The pressure to keep the chain consistent and unified is a purely social one

So then the innovation of cryptocurrency was an economic one.

It does have the word "currency" in it, so that should not be surprising.

1 comments

I'll leave the question of whether it's economically interesting to economists and sociologists (though I suspect the answer is it's not at least in this regard, as the pressure to use the same non-blockchain currency seems not too different across the sweep of history). The claim was:

> It turns out that "distributed linked list" is actually a difficult problem that involves very interesting challenges

It's not that.

> It's not that.

Are you saying it's easy? The PoS algorithms I've read seem quite complicated, and honestly quite interesting. Also there is a lot of academic research about this stuff, some of it private, some of it public.

I mean, I know there are people out there who think that, for example, particle physics is totally uninteresting, and you are of course free to decide that a given research area is totally uninteresting, but you can't expect others to agree. It is just your opinion