Conversation

Andy Matuschak
@andy_matuschak
Earnestly/naively curious: what are the best first-principles arguments for why Bitcoin should not end up fully superseded by Ethereum? (Please don’t make me regret asking this! This is a truth-seeking q; I have no dog in this fight)
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Eli Dourado
@elidourado
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Replying to @BrantlyMillegan
They have completely given up. The narrative now is “hodl,” as if you could ever change the world by sitting on your hands and literally doing nothing.
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Sai Prasanna
@sai_prasanna
I think
@balajis
in his recent podcast said that proof of stake (eth 2.0) was potentially open to different class of risks than the btc's pow. I think he might be able to explain it better.
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Sai Prasanna
@sai_prasanna
Here's the auto-generated part of the youtube transcript. I too wanna learn why proof of stake isn't totally trustless. But tbh I haven't dived much into how it works in first place.
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Paul Bohm in NYC 🗽
@paulbohm
Replying to
@andy_matuschak
@sai_prasanna
and
@balajis
eth.wiki/concepts/proof “We can solve (1) by making it the user’s responsibility to authenticate the latest state out of band. They can do this by asking their friends, “block explorers, businesses that they interact with, etc. for a recent block hash in the chain. “
ethereum.org
Home | ethereum.org
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