well the double-spending was plausibly described in multiple threads as broadcast the transactions, and have a byzantine agreement protocol to keep it to a single view several times on the list even by 1998. and in that thread ^ you're saying the remaining problem is inflation.
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Right, which is centralized.
That's a preposterous way to describe its flaws. It is decentralized, but in a flawed way (vulnerable to Sybil attack) which Nakamoto greatly improved upon. In any case, it was the state of the art in secure decentralization in 1998, nobody knew how to do it any better.
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1998 simply didn't have decentralized consensus. There's no reason to sugar coat it - it just hadn't been invented.
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you have to start somewhere. if anything I think that's the biggest under appreciated path where projects stall where they could have succeeded: fear of the good enough vs hypothetical best. good enough can be improved, and a sort-of-functioning system aids further realisations.
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I firmly believe that the discussion we had was starting well behind the starting line. It would have been *better* to not have to overcome those wrong ideas and start from a clean slate.
End of conversation
New conversation -
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