This article is profoundly insightful. I have been searching for patterns and insights in this field for 25 years. What apenwarr concludes is true: All we need is to build distributed systems that work. That means decentralized bulk activity, hierarchical regulation. The problem is, everyone wants distributed systems that require everyone else to agree (global consensus), which is literally impossible (see: CAP theor…
> https://holo.host > HoloToken (HOT) is an ERC-20 token I'm not sure a hierarchy in which the Ethereum Foundation, who gave themselves the absolute majority of Ether currency, is at the top, is the answer to the struggles/issues postulated in the essay.
When the project goes live, it will be exchangeable for the initial HoloFuel cryptocurrency.