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by pavlov
1234 days ago
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I’ve sometimes thought that Ethereum represents the kind of computing network that 1950s Soviets would have appreciated. Massively inefficient, every operation needlessly repeated across every node only for the pretense of equality and democracy, and ideologically obsessed with a rhetorical illusion of immutability and permanence even though data can be wiped by simple agreement of the Politburo that controls the network. “Now that the next five-year plan will be implemented as a smart contract on the Sovgosethereum, we’ll be mathematically guaranteed to meet our economic goals.” — Makes as much sense as the guaranteed crypto lending yields of 2021. |
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