Talks about PoW, PoS, PoA, but totally ignores Chia's superior PoST.
Ethereum Proof-of-Stake
241–250 of 338 posts
Re: Ethereum Proof-of-Stake
#242Something that always trips me up about PoS is how a system that determines the transactional chronology (i.e. sequence of valid blocks) that uses, as a weighted input, the current transactional chronology (valid blocks determine your stake) isn't a logically a circular definition.
Everyone does have to agree out of band on the genesis block or some equivalent. Once you have that, the protocol can progress automatically.
Re: Ethereum Proof-of-Stake
#243Earlier quoted context omitted.
You should understand that this is a very USA centred opinion. There’s a whole big world of different cultures and politics, and it is possible to believe there are other approaches where we reject violence and authority. It’s the usual “you’re helping drug dealers/terrorists/North Korea, but what about the children?!” state simping that ignores the violence of the existing systems, and ignores the billions of people…
It is not in any sense a USA-centered opinion. Look at the list of countries and supra-national organizations which have comprehensive sanctions in place against North Korea: which include not only the US, but Japan, the European Union, Australia and Taiwan. You can adopt whatever degree of moral relativism suits your purpose, but there's basically not a lot of people anywhere in the world who are looking at what's h…
To be fair though, those are all Western-aligned countries dependent on US force. They'll typically go along with whatever the US says. They're not exactly vassal states but close enough.
NK is just another tiny country caught in a proxy war between imperialists.
Look at China, which I think is bigger (or nearly so) than all those countries combined, and they don't have nearly as big a problem with NK as we do.
I'm not saying NK is a model country, but the US has a long history of demonizing random small countries to suit its purposes, from Afghanistan to Iraq to NK to Vietnam to much of Central/South America. That we use our military and propaganda to coerce our allies doesn't mean we automatically get the moral high ground. It just means we're the biggest bully.
Re: Ethereum Proof-of-Stake
#244I can't see governments allowing PoW to continue to exist in our current climate (in all senses). How would Bitcoin ever move over to PoS like this? Would it just be a Bitcoin hard fork?
> governments allowing PoW Is there any precedent for this? Have governments ever ruled on how people can use their computational power?
More generally, governments have banned inefficient light bulbs, appliances, and cars. Banning PoW ASICs would be no different. PoW on GPUs would be harder to ban.
Re: Ethereum Proof-of-Stake
#245>Let’s walk through a couple theoretical scenarios where a subset of malicious validators wants to censor transactions, say those originating in FATF-blacklisted countries. Hang on a second. Just to be clear about this example, this example is walking through how Ethereum has been designed specifically to allow North Korea to transact Ethereum, and more than that, prevent anyone who dissents. Like, I mean ok, I get t…
When we have a system that could prevent transactions, you'd think the most common use case is to prevent criminals to transact dirty money. But the most common use case is most likely China freezing dissidents' assets and blocking all alternative ways for them to safely emigrate.
Re: Ethereum Proof-of-Stake
#246Earlier quoted context omitted.
It is not in any sense a USA-centered opinion. Look at the list of countries and supra-national organizations which have comprehensive sanctions in place against North Korea: which include not only the US, but Japan, the European Union, Australia and Taiwan. You can adopt whatever degree of moral relativism suits your purpose, but there's basically not a lot of people anywhere in the world who are looking at what's h…
To be fair though, those are all Western-aligned countries dependent on US force. They'll typically go along with whatever the US says. They're not exactly vassal states but close enough. NK is just another tiny country caught in a proxy war between imperialists. Look at China, which I think is bigger (or nearly so) than all those countries combined, and they don't have nearly as big a problem with NK as we do. I'm n…
So swap North Korea with Tibet and the US with China and the result is exactly the same.
> They're not exactly vassal states but close enough.
It's laughable that you would consider the EU a vassal state of the US, to the point I'm reasonably certain you're not being genuine in your argument
Re: Ethereum Proof-of-Stake
#247I can't see governments allowing PoW to continue to exist in our current climate (in all senses). How would Bitcoin ever move over to PoS like this? Would it just be a Bitcoin hard fork?
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Re: Ethereum Proof-of-Stake
#248Earlier quoted context omitted.
I really don't get what the argument is here? NK and others also use Tor, Signal (Protocol), and more. Are they all bad? And why always use the most extreme examples like NK and China? If US citizens could empathize with people not only from NK, but also from places like Turkey, where the value of our currency has been demolished under the current authoritarian government (and, IMO, they aren't far away from putting…
"Bad tool is used by bad guys so don't support it" doesn't imply "any tool used by bad guys is bad." It's perfectly valid to think that different tech has different value based on specific pros and cons.
Right, but this presupposes that the particular tool in question is a "bad tool", and the basis of that presupposition elsewhere in this thread is very strongly implied to be "tool is used by bad guys therefore it's bad unless I specifically benefit from it".
Re: Ethereum Proof-of-Stake
#249Earlier quoted context omitted.
You should understand that this is a very USA centred opinion. There’s a whole big world of different cultures and politics, and it is possible to believe there are other approaches where we reject violence and authority. It’s the usual “you’re helping drug dealers/terrorists/North Korea, but what about the children?!” state simping that ignores the violence of the existing systems, and ignores the billions of people…
> You should understand that this is a very USA centred opinion If by USA you mean any country that doesn’t enjoy rogue states which constantly threaten nuclear attacks against others, sure
> rogue states which constantly threaten nuclear attacks against others
So... every nuclear power in existence?
Re: Ethereum Proof-of-Stake
#250Earlier quoted context omitted.
You should understand that this is a very USA centred opinion. There’s a whole big world of different cultures and politics, and it is possible to believe there are other approaches where we reject violence and authority. It’s the usual “you’re helping drug dealers/terrorists/North Korea, but what about the children?!” state simping that ignores the violence of the existing systems, and ignores the billions of people…
> There’s a whole big world of different cultures and politics, and it is possible to believe there are other approaches where we reject violence and authority. The post you're replying to was discussing sanctions, not violence.
Sanctions are toothless without the implied threat of violence should said sanctions be ignored.