[topranks]

> Building a secure, scalable, sufficiently decentralized distributed computer system is hard.

Yep. This blockchain/PoW/PoS way they’ve come up with to do it, with a built in cryptocurrency, doesn’t really cut it.

The trade offs to be “sufficiently decentralized” make it slow, expensive and unscalable. Making it effectively useless for real-world applications. The whole of Ethereum has as much power as a raspberry pi.