strictlymomo

12 ms·

1. 1.▲
   by strictlymomo 10mo ago

   it's not complete garbage, it's simply the cycle repeating itself. the resort to violence can be wielded by everybody. therein lies its limitation as an unreliable means to control people and resources. power based on consent, ie,
2. 2.▲
   by strictlymomo 10mo ago

   When you say “these days,” you mean the past 10,000 years, right? Power based on consent likely existed throughout the Holocene: “Big men” with their gift-giving and elaborate feasts, chiefdoms comprised of aristocratic lineages… the gamepl
3. 3.▲
   by strictlymomo 4y ago

   4 real. The networks regulate themselves to the extent of their protocols’ game theoretic designs, which cover Sybil-resistance and Byzantine-fault-tolerance. The VMs will define some permissions for owning and transferring resources and cr
4. 4.▲
   by strictlymomo 4y ago

   Why am I not surprised this is tradfi nerd extraordinaire Stephen Diehl.
5. 5.▲
   by strictlymomo 4y ago

   Change the word mining to computing, and it’s more intuitive. A network of nodes compute stuff together, making data available across the network. It’s like asking why is a distributed network valuable. During the process of computing, the