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cmuratori's profile
Casey Muratori
Casey Muratori
Casey Muratori
@cmuratori

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Casey Muratori

@cmuratori

I'm worried that the baby thinks people can't change.

Seattle
caseymuratori.com
Joined March 2009

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    1. Tim Sweeney‏ @TimSweeneyEpic Oct 10

      Why do proof of work systems ramp up the difficulty of hash solving while keeping latency constant, instead of keeping difficulty constant while nodes compete to reduce latency? The later seems more useful, and not inflationary.

      86 replies 32 retweets 598 likes
    2. Casey Muratori‏ @cmuratori Oct 10
      Replying to @TimSweeneyEpic

      The reason is because the only point of proof of work _is_ to keep latency high. You don't actually need it for anything else. The entire point of PoW is just to have there be a single value you can check before validating a transaction block. It's DDoS protection.

      7 replies 2 retweets 48 likes
    3. Casey Muratori‏ @cmuratori Oct 10
      Replying to @cmuratori @TimSweeneyEpic

      This is (but one) of the reasons "blockchain" is not a particularly good idea. People want low-latency, high-volume transactions, but the designs of these systems preclude that possibility entirely. They are, by design, not able to do the thing you wanted them to do.

      5 replies 0 retweets 34 likes
    4. Casey Muratori‏ @cmuratori Oct 10
      Replying to @cmuratori @TimSweeneyEpic

      This is why you then end up with ridiculous stuff like Lightning Network, which builds a "assume people notice bad transactions in a few days" system on top of bitcoin, because that's the only way they could figure out to get it to scale :(

      1 reply 0 retweets 11 likes
    5. Bananaft‏ @Bananaft Oct 10
      Replying to @cmuratori @TimSweeneyEpic

      Applying new layers on top of a traffic jam.

      1 reply 0 retweets 3 likes
      Casey Muratori‏ @cmuratori Oct 10
      Replying to @Bananaft @TimSweeneyEpic

      "Everyone waits a random number of minutes and then tries to go through the intersection." - BitCoin solution to traffic lights

      4:06 PM - 10 Oct 2021
      • 7 Likes
      • Netoworking Niels Bross ! Altered released on Steam ! Radoslaw Jurga David Deutsch Tom LePage JustDaven Ivan Braidi
      0 replies 0 retweets 7 likes

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