Guido van Rossum: Let Web3 die in a flaming ball of fire

Post by gojomo » Wed, Apr 20, 2022, 7:55 PM UTC

gotaquestion wrote: post #150

gojomo wrote: post #94

Earlier quoted context omitted.

Cryptoeconomics has been a mix of successes & failures, among the very-privileged who can afford to take financial risks, for just the last ~13y. Everyone involved knows there's a lot of things left to solve, but sees reasons for hope. For 100+ years, the most fervently 'socialist' regimes have promised various utopias but actually delivered famines, prison camps, pathologically dishonest & oppressive police states,…

Thanks for proving my point with perfect irony.

Post by izolate » Wed, Apr 20, 2022, 7:55 PM UTC

howmayiannoyyou wrote: post #98

labrador wrote: post #60

I just created the worlds slowest database. People will have to pay many dollars to specialists called "miners" to update it. For design reasons, no one can delete anything from it. It's going to change the world.

I just created the world's most redundant and incorruptible database. People will have to pay many dollars to specialists called "miners" to add rows. For integrity reasons, no one can delete anything from it. It might change parts of the world where redundancy and integrity are threats to very powerful people who want to control transactions and corresponding data. -- Fixed it for you

Post by gfodor » Wed, Apr 20, 2022, 7:56 PM UTC

throwaway82652 wrote: post #134

howmayiannoyyou wrote: post #98

Earlier quoted context omitted.

I just created the world's most redundant and incorruptible database. People will have to pay many dollars to specialists called "miners" to add rows. For integrity reasons, no one can delete anything from it. It might change parts of the world where redundancy and integrity are threats to very powerful people who want to control transactions and corresponding data. -- Fixed it for you

>It might change parts of the world where redundancy and integrity are threats Sadly it won't. There is nothing about any kind of cryptocurrency that makes it incorruptible or immune to integrity problems. That's more myth-building that I hear quite often but it's not true. The hardest part in any data integrity problem is verifying that the data going into the system was correct in the first place, and blockchains c…

Post by gfodor » Wed, Apr 20, 2022, 7:57 PM UTC

ceejayoz wrote: post #149

yewenjie wrote: post #106

Earlier quoted context omitted.

> For design reasons, no one can delete anything from it. This is a feature, not a bug.

The bug part comes in when someone stuffs a few child porn images into the chain, making mere possession of a full node carry jail time in the US. Even better, due to strict liability, "I didn't know" or "It's not mine" aren't valid defenses. I wouldn't want to have to tell a judge "I can't remove it" in a libel proceeding, either.

Post by [deleted] » Wed, Apr 20, 2022, 7:58 PM UTC

labrador wrote: post #60

I just created the worlds slowest database. People will have to pay many dollars to specialists called "miners" to update it. For design reasons, no one can delete anything from it. It's going to change the world.