6/ I also addressed directly your argument that reliance on social consensus is fine, since PoW also needs it. Like I said, it’s not whether you need social consensus, it’s *how much*. The goal is to minimize it, not to rely on it as a protocol building block.
-
-
17/ PoW security, otoh, is *absolute*. It doesn't matter which frame of reference you come from, the cost of attack is the same. PoW ledger immutability is objective, it doesn’t care who you are.
Show this thread -
18/ Ledger immutability that relies on relative security will always be weaker than one that relies on absolute security.
Show this thread -
19/ EDIT (13): it is only *secure* from the point of view of the owner of the private key
Show this thread
End of conversation
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.
