“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
Support the show: 3Nn8jJSfK2oFherVWQUGXgesvHpzbMckz5
"What would it seem like if it did seem like a global, digital, sound, open source, programmable money was monetizing from absolute zero?" -...
"This capability ensures that participants can trust the system's integrity without the need for mutual trust among users. It fundamentally alters how trust is...
“When we stop conceiving of central banking as an economics story, and start to see it as a crime story, we are beginning to...