Highly flawed assumptions: (a) "attacker" can be securely distinguished, and (b) everybody else disagrees with the "attacker".
Who is "we"? Programmers making legal and accounting decisions? Ethereum is headed for either a huge bureaucracy or disaster.https://twitter.com/VitalikButerin/status/871263595593572353 …
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You don't need *everyone* to distinguish and disagree with the attacker. The market will appropriately value each fork.
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Exactly. A chain where innocent validators get deleted will be worth much less than a chain where the attacker gets deleted.
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It will often not work out that way. I recommend reading the public choice literature on this kind of topic.
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Have a reference to start at? Seems this is mostly about the effectiveness of market pricing. No traditional political mechanism is involved
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See also lit about conflicts of interest between stakeholders in a corporation, from their various equity stakes and side contracts.
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This is by far the best piece introduction reading on Public Choice theory. Thanks to the amazing
@iealondon https://iea.org.uk/wp-content/uploads/2016/07/IEA%20Public%20Choice%20web%20complete%2029.1.12.pdf … - 2 more replies
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Zcash on ethereum is about on-chain txs. I'm talking about consensus protocol messages. At consensus level you WANT max attributability.
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Bolenum exchange and Boleno token will define the new way of trading and withdrawing to fiat. Visit http://Bolenum.com . future is here.
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Why the unnecessary, mean-spirited tweet? You know full well that by 'we',
@VitalikButerin was referring to the protocol, not the Foundation -
This has become modus operandus for the bitcoin space. Sad enough. ....
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Indeed. When did we forget we were all on the same side vs. the centralized incumbents?
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I dearly miss the quality convos we had on the original forums back in the days - remember DEODANDS? -https://forum.ethereum.org/discussion/392/deodands-dacs-for-natural-systems …
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Looks worse actually. My reading of that post is that validators that end up on a network partition can get their deposits "slashed".
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Why not both?
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