Blockchain was intended to solve the “double-spend problem”. It is however the most brute-force way to do it, making everyone store everything. Blockchain alwa

Blockchain was intended to solve the “double-spend problem”. It is however the most brute-force way to do it, making everyone store everything. Blockchain always uses the maximum amount to secure every transaction — like using an armored truck and a convoy to transport $0.25. So it can’t support micropayments or even mainstream payment systems. You can shard Ethereum by smart contract, for instance, but then when the Total Value Locked in that contract exceeds the cost of a sustained 51% attack, there are incentives to destroy confidence in the chain and take the money. (So the theory goes.) https://community.intercoin.org/t/web3-moxie-signal-telegram-and-why-decentralization-matters/ https://community.intercoin.org/t/web3-moxie-signal-telegram...