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by aforwardslash 790 days ago
Lets assume a state-sponsored threat model, with AS blackholing. It may happen the node you connect to sparsingly to sync your ledger is a malicious one, and does not represent the main ledger.

Lets assume you are in a country at war, with poor conectivity and you receive money via blockchain; Poor conectivity means the local places where you can spend your virtual money aren't synced, possibly for weeks. What good is for you money you can't access?

There are far better ways of carring value in warzones. Crypto currency is the most useless one - specially because you can't easily bribe anyone with it.

1 comments

Imagine having to awkwardly sit there with the person you're trying to bribe while you wait for your transaction to synchronize. This is where someone says something about L2 or whatever, usually.