The Death of Bitcoin:http://tonyarcieri.com/the-death-of-bitcoin …
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Replying to @taoeffect
@bascule Forks seem likely, and once they occur reconciliation seems impossible.1 reply 0 retweets 0 likes -
Replying to @taoeffect
@taoeffect Bitcoin has exactly that problem (losing accepted writes/transactions in forks). At least SCP requires a quorum to accept a write1 reply 0 retweets 0 likes -
Replying to @taoeffect
@bascule In other words, everyone will agree on your balance in Bitcoin, but they will disagree in SCP.1 reply 0 retweets 0 likes -
Replying to @taoeffect
@taoeffect and what happens when the Bitcoin blockchain forks? People disagree about your balance1 reply 0 retweets 0 likes -
Replying to @taoeffect
@bascule In Bitcoin only the parties involved in a fork related transaction would disagree (in the sense that they'd "get upset").1 reply 0 retweets 0 likes -
Replying to @taoeffect
@bascule Whereas in SCP the disagreement is very objectively real an affects all participants.1 reply 0 retweets 0 likes
@taoeffect anyway the point of my blog post wasn't that technology X will kill Bitcoin, more that technologies of that class will...
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