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“It's actually the protocol (Nakamoto consensus, which is highly distributed) combined with strong cryptography, rather than just decentralization per se, that is the source of the far higher reliability and and much lower vulnerability of block chains.” - @NickSzabo4
Check out Szabo’s incredible blog, Unenumerated, at:
https://unenumerated.blogspot.com/2014/12/the-dawn-of-trustworthy-computing.html
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"My own prediction is that slow bleed has been accelerating and is only the first step. The second step will be speculative attacks that...
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A great piece today detailing out the different kinds, the nuances & the long history of inflation. What misconceptions do we still have about...
![CryptoQuikRead_113 - The Dawn of Trustworthy Computing [Nick Szabo]](https://episodes.castos.com/6626b866f2af87-36468692/images/1741534/c1a-9mg94-04r1dr0vfm51-pokzfr.jpg)