Recently I've had to investigate the staking architecture of certain altcoins.
It's interesting to compare their architectures and technical decisions with what I know of #Bitcoin.
One thing I can say of the chains I've looked at, is that they're mainly larping as decentralized. Meaning that they're kinda decentralized, but if nation-state level pressure arose, they'd centralize and be compromised very quickly.
One chain, Flow, has functions run by "admin" accounts with a TBD for "decentralization" of those functions.
Another, Kava, has an upper limit of 100 for the number of validators necessary for establishing consensus.
Bitcoin is in a completely different league.
JC Brand
npub1pu…lnndd
2023-07-13 11:15:42
Author Public Key
npub1purzvv7zzxqymk9q53qmjvlvlrwhy4dsyjt77nxjym9m77e62wtsnlnnddPublished at
2023-07-13 11:15:42Event JSON
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"pubkey": "0f062633c211804dd8a0a441b933ecf8dd7255b02497ef4cd226cbbf7b3a5397",
"created_at": 1689246942,
"kind": 1,
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"content": "Recently I've had to investigate the staking architecture of certain altcoins.\n\nIt's interesting to compare their architectures and technical decisions with what I know of #Bitcoin.\n\nOne thing I can say of the chains I've looked at, is that they're mainly larping as decentralized. Meaning that they're kinda decentralized, but if nation-state level pressure arose, they'd centralize and be compromised very quickly.\n\nOne chain, Flow, has functions run by \"admin\" accounts with a TBD for \"decentralization\" of those functions.\n\nAnother, Kava, has an upper limit of 100 for the number of validators necessary for establishing consensus.\n\nBitcoin is in a completely different league.\n\n\n\n",
"sig": "7152fab7f0459c1c3661de0549f240d8e082bf605031757655368c99d3900f18f3ab9316fa2bca63740b931d466626a5b321968629ea3af79b373ff3559b947a"
}