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https://mobile.twitter.com/ercwl/status/1555719147941683200 https://mobile.twitter.com/ercwl/status/1555719147941683200

• taolegal 4y ago
  Making blocks is much different than accepting blocks. Blocks have to be verified & accepted by peers aside from getting over the hurdle of POW. He complains about BTC arguing that the ability to “make a block” is the true basis of decentralization. But it’s the ability to verify & reject blocks that’s important. And anyone can maintain their own BTC blockchain from the beginning of time relatively easily (less than $500). Trustless is the way.
  • eterps 4y ago
    > But it’s the ability to verify & reject blocks that’s important. And anyone can maintain their own BTC blockchain from the beginning of time relatively easily (less than $500). And on Ethereum you can't?
    • taolegal 4y ago
      You can't host the actual entire ethereum blockchain from the beginning of time for less than $500 on your own hardware.
      • eterps 4y ago
        I wasn't aware of that, do you happen to know the actual cost?
        • taolegal 4y ago
          apparently it cost roughly $10k/year for an archive node back in 2020: https://tjayrush.medium.com/building-your-own-ethereum-archive-node-72c014affc09 https://tjayrush.medium.com/building-your-own-ethereum-archi... the point is that bitcoin has intentionally restricted block size to not expand the blockchain size at a prohibitive rate
          • eterps 4y ago
            Thanks, that is good to know. I was always under the impression that a Raspberry Pi would suffice: https://mobile.twitter.com/mathMakesArt/status/1562159337900052483 https://mobile.twitter.com/mathMakesArt/status/1562159337900...