4 ms·

Bitcoin: Am I joke to you? Everyone: yes.

• rusk 3y ago
  Bitcoin is an interesting exception to the above. Issue is latency.
  • nine_k 3y ago
    Latency might be OK. The true price of trustless consensus is proof of work, that is, energy.
    • rusk 3y ago
      > Latency might be okay. Nope. Not for real-time gaming which is the topic at hand. Certainly not at scale. Certainly not at the kind of volume of events that gaming produces.
• rcxdude 3y ago
  There's no performance gain from bitcoin's approach though. The distributed consensus is there for trustless operation, not performance. It's many orders of magnitude slower (and a few more orders of magnitude more power inefficient!) than just having one server handle it.
• sfifs 3y ago
  Isn't bitcoin actually eventual consensus determined by increasing unlikelihood of finding a conflicting sequence of hashes?
  • niederman 3y ago
    Yes, although if the consistency is good enough for _payments infrastructure_, it's probably good enough for just about everything.
    • nine_k 3y ago
      If a particualr mechanic part is good enough for a _space ship_, it's probably good enough for just about everything. But its price may be prohibitive.