> Secure, trustless, decentralized consensus. Or in practical terms - a ledger database that everyone can write into without having to trust third parties to ma

> Secure, trustless, decentralized consensus. Or in practical terms - a ledger database that everyone can write into without having to trust third parties to maintain correctness. It's still an unsolved problem. The way Bitcoin and clones solve it, is by delegating consensus to one level up - i.e. consensus over the right fork (see [1,2,3]). It's like saying that you agree that Trump is a legitimate president as long as you are a republican. [1] https://twitter.com/nivertech/status/943468719241682944 https://twitter.com/nivertech/status/943468719241682944 [2] https://twitter.com/nivertech/status/964591507457171456 https://twitter.com/nivertech/status/964591507457171456 [3] https://twitter.com/nivertech/status/900767515214835712 https://twitter.com/nivertech/status/900767515214835712