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Re:It's time for us in the tech world to speak out about cry... by csande17 on Sunday May 30, 2021 @05:59PM (#27337273)
Count me as one of the people in the silent majority. (Well, not exactly "silent" because I'm talking about it now in Hacker News, but the things I write don't usually reach the general public.)

You're right that cryptocurrency enthusiasts are always generating new work and coming up with new ideas. Actually, they do this a lot more easily than other domains, because the fact that their entire field is a scam means there are a lot fewer of those pesky roadblocks like "the idea not actually accomplishing the thing you think it does" to contend with.

The fact is that nearly all cryptocurrency projects rest on one of a few obviously-false premises. Like "systems that require every participant to store the entire history of transactions forever scale well", or "people in the real world want every transaction they make to be completely irreversible", or "digital legers are guaranteed to accurately track the state of real-world objects". If you dismiss these, you can dismiss all the projects that depend on them without needing to know the difference between a MerkleCat and a SatoshKitty.

Re:It's time for us in the tech world to speak out about cry... by baby on Sunday May 30, 2021 @09:46PM (#27339063)
> systems that require every participant to store the entire history of transactions forever scale well

Have you heard of mina?

Re:It's time for us in the tech world to speak out about cry... by ertian on Sunday May 30, 2021 @06:06PM (#27337340)
It does not rest on any of those assumptions. Those are just characteristics of the very first implementation.