8 ms·
Yeah, the most obvious externality of an ethereum validator is a few megabits of sustained internet traffic that makes it difficult to run on capped internet se
by yokem55 4y ago
Yeah, the most obvious externality of an ethereum validator is a few megabits of sustained internet traffic that makes it difficult to run on capped internet services. Otherwise it is just a matter of being able to buy the eth, setting up the node (cheap commodity pc hardware) and putting it in a corner in your home.
In contrast for POW you have to be able to source specialized hardware and an electricity supply cheap enough to make the hardware profitable, both of which are much more noticable to the outside world.
- tylersmith 4y agoThe censorship doesn't happen at the network level but at the protocol level, by removing a validators stake.
- yokem55 4y agoWhich would either require an in protocol slashing event or a hard fork. In which case the fork with the broadest legitamacy would prevail (see the events around the Steem/Hive hard fork). Blockchains cannot escape being fundamentally social creatures with values and priorities and the communities around those chains will ultimately have the last word about their operation.
- tylersmith 4y agoI'm not sure what your point is. Obviously it would require a protocol change, and such a change can't be done with fungible work.