3 ms·
I think this is a much better way to take it. Blockchains are super useful. They solve problems in distributed systems very elegantly and effectivly. It is the
by olodus 4y ago
I think this is a much better way to take it. Blockchains are super useful. They solve problems in distributed systems very elegantly and effectivly.
It is the consensus part of a crypto currency blockchains that is the part I usually have objections to. I have increasingly started to realize that it is surprisingly few situations you want such a rigid type of consensus and consistency. In computer systems you usually want something much more efficient and in human systems, in the places where you really need consensus it is usually very required to have systems like our institutions that are filled with checks and balances for fault tolerance and fairness. And in most places you just have to realize consensus in a society is really hard and reeeeally slow - and I don't know if that is possible to change.