Re:Why blockchain is not yet working (2018)
by ENGNR on Monday February 15, 2021 @05:33AM
(#26141315)
I think the real innovation is permissionless
Yes you could get permission.. but it would take time. What if you want to do some random thing over a weekend? You’re not going to want to ask permission
Asking permission also opens the giver up to an implicit risk. Not just in a legal sense, but if you need to ask a mid level manager for permission they have nothing to gain and everything to lose
Putting everything out there on a permissionless chain with a rock solid set of predefined rules, it’s the hacker dream
Yes you could get permission.. but it would take time. What if you want to do some random thing over a weekend? You’re not going to want to ask permission
Asking permission also opens the giver up to an implicit risk. Not just in a legal sense, but if you need to ask a mid level manager for permission they have nothing to gain and everything to lose
Putting everything out there on a permissionless chain with a rock solid set of predefined rules, it’s the hacker dream