Being able to rely 99.999% on automated blockchain tech, involving humans/courts for the 0.001% where it breaks would be a huge improvement.
2nd flaw with @ofnumbers's reasoning: if a reorg event happens permed systems built on non-perm sys can simply break their rules to recover.
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@petertoddbtc sure, that is possible. i can't rule that out. i am not sure that is necessarily a feature or selling point though? -
@ofnumbers If breaking the rules is now an expensive and highly visible activity, vs. something that can be done secretly by attackers, yes. -
@ofnumbers You'll see what I mean when I send you my paper on the Ripple Consensus Algorithm; I think Ripple got this rather wrong. -
@petertoddbtc great, looking forward to it. perhaps this particular rule "breakage" should be called The Todd Maneuver or Toddpocalypse. -
@ofnumbers actually, in the#proofchains stuff I'm working on, I'm prob. calling them "truthy proofs": invalid statements treated as valid.
End of conversation
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