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MITM is a networking term for when an agent in a trust based communication system falsifies data in order to exploit the system. I don't think using a term that
by breadbreadbread 5y ago
MITM is a networking term for when an agent in a trust based communication system falsifies data in order to exploit the system. I don't think using a term that isn't directly used in a whitepaper is a flaw in my argument. Decentralization, in general, guards against MITM by using consensus mechanisms instead of trusting any individual link, so blockchains are theoretically resilient against individual agents breaking the rules. That is literally the basis of blockchain tech. What I am getting at is that there are still ways to exploit a system while technically operating "within the rules" and blockchain makes those easier to get away with.
> Ultimately, what you critique is simply an inherent part of the system
YES THATS THE PROBLEM. Systems arent immutable facts of the world. We can change them. Systems are built by people and people can be wrong or at the very least mislead.