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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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Today we read @StopAndDecrypt’s thorough breakdown of the Ethereum scaling and validation trade-off. Is ETH an inherently centralizing system? Find out in today’s Quik...
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![CryptoQuikRead_113 - The Dawn of Trustworthy Computing [Nick Szabo]](https://episodes.castos.com/6626b866f2af87-36468692/images/1741534/c1a-9mg94-04r1dr0vfm51-pokzfr.jpg)