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> It really isn't distributed computing because there is a shared agreed and singular "truth". The last three of the seven scaling options are fully distribute
by zik 9y ago
> It really isn't distributed computing because there is a shared agreed and singular "truth".
The last three of the seven scaling options are fully distributed and don't have a single shared truth.
> However, as oulined by this document, the cost is huge in both time and burning the CPU oil.
This document covers "proof of stake" which does away with the CPU intensive proof of work you're referring to.
> Everyone who deals with contracts between peers knows that contracts could be broken and are always negotiable.
Ethereum contracts have contract break clauses in them just like legal contracts.