It seems to me a strict monetary policy rule & censorship resistance are the only things worth the hassle & cost of putting on a blockchain
Logical conclusion: nothing goes on blockchain. Better approach: put on blockchain small data that needs vulnerability reduction the most.https://twitter.com/muneeb/status/879901945170989056 …
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Blockchains are a wall of truth that hide from no one. The best invention in human history to store immutable data accessible by all.
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Storage costs will become so trivial that most information of value will be stored on blockchains & potentially humanity's lasting legacy.
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Prediction markets are heavily censored.
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'Immutable ID' - What a scary proposition.
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If you have a big hammer everything tends too look like nails.
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Unless you use ledgerless blockchain ala Toufi's TODA
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I think having hundreds of blockchains like we currently do is already the answer. data can be stored across many chains, just like currency
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People don't always pick low-hanging fruit.. In energy, investors choose Photovoltaics, Fuel Cells.. but lowest $/W is energy efficiency
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Blockchain is extremely computationally inefficient so perhaps this analogy doesn't apply.
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Initially, you are just a number --nameless. And algorithms determine your net worth / access to moneypic.twitter.com/F1WteTsaTG
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You're a number. Whether it's a high or low number depends on your preparation.
#Fico800pic.twitter.com/eaYyJGaijY
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Nobody has the balls in this overpromising ecosystem to offer less
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Like a ledger?
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Why say "security" when you can say "vulnerability reduction" in a tweet? Best approach: figure out how to reduce proof sizes for use cases.
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Then we definitely need to build a blockchain for the engineering professionhttps://youtu.be/LQzF6g3L6Oo
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The idea that engineers can print money is so simple that it defies comprehension.
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But is fine that Mario, Janet, CBOJ do? Nr of bitcoins max at 21Mln.
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