Its anything but simple, which is why its proven subject to several attacks, the attack surface is so broad its not even mappable. Its a system of systematic ce

Its anything but simple, which is why its proven subject to several attacks, the attack surface is so broad its not even mappable. Its a system of systematic centralization, its the DNA, it rewards people on the basis of their wealth. Its not like this system hasnt been tried before, its the basis for the operation of the federal reserve after all, and had you proposed it on the cypherpunk message boards it would have been ripped to shreds. I would rather live with no central mechanism for DNS, where browsers make you select from a variety of DNS providers that are privately hosted, than turn it over to a kleptocratic proof of stake system.