People Twitter

5299 readers

159 users here now

People tweeting stuff. We allow tweets from anyone.

RULES:

Mark NSFW content.
No doxxing people.
Must be a tweet or similar
No bullying or international politcs
Be excellent to each other.

founded 1 year ago

MODERATORS

SendMeYourTaTas

pelespirit

970

None. Suffer. (lemmy.world)

submitted 2 weeks ago by [email protected] to c/whitepeopletwitter

160 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] taladar 29 points 2 weeks ago* (last edited 2 weeks ago) (1 children)

Congratulations, now your trust relies on your subject never becoming important enough that someone bothers to run 50%+1 of the nodes in your network which means only very, very large subjects (or ones where trust wasn't very important in the first place) ever even have a chance of that not happening. What do you say? Your technology doesn't scale to very, very large subjects because of abysmal transaction rates?

[–] [email protected] 7 points 2 weeks ago (1 children)

now your trust relies on your subject never becoming important enough that someone bothers to run 50%+1 of the nodes in your network

Yup. Very well said. People don't realize the extent of wealth inequality (and how ridiculously resource intensive blockchain tech is). If anything important were to be decide by a blockchain, the top 1% would control the network.