Viewing profile — bloominglotus

It still violates the optimistic premise of blockchain advocates that it helps us move to a world where trust is baked into the systems. If you live under the assumption that you'r…

Technically the unit of measurement is hashing power, rather than % of nodes or participants, but there is an underlying 51% problem with blockchain. The attack surface is similarl…

Do you remember when the majority hard-forked, changed history, and restored millions of ether to DAO? Is that not blatantly a majority imposing themselves on the economy through m…

In block chain, 51% of the network can decide to modify the ledger to do things that aren't true. That's all it takes to completely change how much money is in my account in a "dis…