nucleating trust is the ultimate social technology to allow cooperation at scale.
Satoshi's brilliant trade: proof of work & broadcast txs greatly sacrifice cheap computational scalability to improve social scalability.
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"Moore's Law breaks concentrated information into smaller bits, like grease in soapy dishwater." ― Hettinga
@NickSzabo4
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yes what is "social scalability?" ability of many to get involved?
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SW may not pass (for social/pol reasons); SCs not a scaling sol & LN start of banking sys layer (censorship).
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Sharding only real (true to roots) scaling solution I've seen and even it has issues.
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sharding on bitcoin? Wheres the proposal for that? I know about ETHs but not BTC.
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It's universal to all game theory chains.
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thank you for explaining
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If it doesn't scale, it doesn't scale.Thanks. Twitter will use this to make your timeline better. UndoUndo
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its a pumpers buzzword
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Security comes in many different forms and there's more to life than it.
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i suppose thats true to an extent. The PoW algorithm is still flawed...too centralizing.
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