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Blockchain technology is a big area, proof of stake vs proof of work debates are interesting but there are simple mechanisms that provide different levels of tr
by sgt101 11y ago
Blockchain technology is a big area, proof of stake vs proof of work debates are interesting but there are simple mechanisms that provide different levels of trust in different settings. For example a simple 2/3 membership vote implemented in a closed system can provide substantial trust - although not perfect. On the other hand if 60% of your proof of work capability lives behind a firewall and may in reality belong to one actor due to that actors track record of kidnapping anyone behind the firewall that disagrees with it then you have an imperfect situation as well.