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by wizzwizz4 326 days ago
> which can last essentially permanent

Data stored in a blockchain isn't any more permanent than data stored in a well-seeded SQLite torrent: it's got the same failure modes (including "yes, technically there are a thousand copies… somewhere; but we're unlikely to get hold of one any time in the next 3 years").

But yes, you have correctly used the primitives to construct a system. (It's hardly your fault people undersell the leakiness of the abstraction.)

1 comments

Honestly, I agree with your point so wholeheartedly. I was really into p2p technologies like iroh etc. and at a real fundamental level you are still trusting that someone won't just suddenly leave things so things can still very well go down... even in crypto

But I think compared to sqlite torrent, the part about crypto might be the fact that since there's people's real money involved (for the worse or for the better) it then becomes of absolute permanence that data stored in blockchain becomes permanent.. and like I said, I can use that 60 nodes for absolutely free due to absolutely 0 gas fees compared to Sqlite torrent.