bergealex4 on Nostr: >What bother you the most about this is the need of having a consensus and hence ...
>What bother you the most about this is the need of having a consensus and hence economic security needs ?
Precisely, yes. It's just another blockchain. Blockchain decentralization doesn't manifest in and of itself and every attempt other than Bitcoin are looking like failure so I don't see why it would be different here.
>And you don't believe that Bitcoin could be used as DA layer ?
Too expensive
>Validium
That's an option but I'm not sure how it would play out in practice. Overall it just seems overarchitectured. Another example is I have no reason to believe at the moment that fraud proof economic games are actually sustainable. They seem quite capital inefficient and I've read pretty serious concerns around the long term game theory.
I'm open to changing my minds but directionally I'm just not very impressed by the approach.
>Fragmentation
Fragmentation of social layers, liquidity, and yes interoperability. I just look at the way it's playing out on Ethereum and I don't see anything particularly appealing. It reminds me of internet gatekeeping platforms.
Published at
2024-08-01 13:10:21Event JSON
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"content": "\u003eWhat bother you the most about this is the need of having a consensus and hence economic security needs ?\n\nPrecisely, yes. It's just another blockchain. Blockchain decentralization doesn't manifest in and of itself and every attempt other than Bitcoin are looking like failure so I don't see why it would be different here.\n\n\u003eAnd you don't believe that Bitcoin could be used as DA layer ?\nToo expensive\n\n\u003eValidium\n\nThat's an option but I'm not sure how it would play out in practice. Overall it just seems overarchitectured. Another example is I have no reason to believe at the moment that fraud proof economic games are actually sustainable. They seem quite capital inefficient and I've read pretty serious concerns around the long term game theory.\n\nI'm open to changing my minds but directionally I'm just not very impressed by the approach.\n\n\u003eFragmentation\n\nFragmentation of social layers, liquidity, and yes interoperability. I just look at the way it's playing out on Ethereum and I don't see anything particularly appealing. It reminds me of internet gatekeeping platforms.",
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