Re:The Merge
by tootie on Saturday August 20, 2022 @09:08PM
(#32536539)
You're not an idiot. It's extremely obtuse and only makes sense to insiders. It's orders of magnitude more obscure than how fractional reserve banking works and understood by far fewer people.
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Re:The Merge
by randomran01234 on Saturday August 20, 2022 @10:02PM
(#32536758)
It takes time to learn but it isn’t obtuse. It’s extensively documented, with multiple open source clients being built in tandem. Besides, it is not the only PoS system running today.
All fields of engineering are complex to those that have an not studied them.
The mechanics aren't extremely complicated but they also make no sense. Proof of work or proof of stake are both solving an abstract and meaningless problem. Crypto makes more sense if you study psychology than engineering.
Re:The Merge
by ChadNauseam on Sunday August 21, 2022 @01:31AM
(#32537657)
Permissionless BFT consensus is definitely an engineering problem