3 ms·
the ability of a consensus protocol & its associated distributed system(s) to preserve an accurate history in the face of a multi-million (or billion) dollar bu
by jraines 9y ago
the ability of a consensus protocol & its associated distributed system(s) to preserve an accurate history in the face of a multi-million (or billion) dollar bug bounty and/or state-level attack. You get a price that discounts the risk of failure on that front and the failure to win mindshare / real use.
There are many strong arguments as to why that's a bad bet, but that's the bet IMO.