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> Let's talk about Ethereum here since Solana hardly counts as decentralized. 1) My joke was how much work you were having “properly secured” do. It’s a genuin
by RC_ITR 4y ago
> Let's talk about Ethereum here since Solana hardly counts as decentralized.
1) My joke was how much work you were having “properly secured” do. It’s a genuine trope called no true Scotsman. Every crypto phenomenon that involves theft “wasn’t decentralized enough” or “wasn’t properly secured”. But then centralized databases are discussed as a monolith.
2. > Ethereum stakers are subject to an Inactivity Leak penalty if they don't do work for the chain.
Sure. That’s an economic incentive. Bank workers get fired and lose salary if they don’t show up.
3. > It's like if a bank made all it's employees keep all their money with the bank and if they didn't do their job they lose all their savings.
Yeah, like getting paid in stock?
Edit: still waiting for the definition of a mempool as well.