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A comment on 'People were sucked into schemes': Inside Molly White’s campaign against crypto. Parent comment

Re:'People were sucked into schemes': Inside Molly White’s c... by marshmallowmad on Saturday October 22, 2022 @03:21AM (#33296231)
Do you trust a single Rasperry Pi over a secured blockchain? If so, I think we can agree to disagree.
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Re:'People were sucked into schemes': Inside Molly White’s c... by shawabawa3 on Saturday October 22, 2022 @03:25AM (#33296252)
A lot of crypto projects require trust in the governing body, who are very often pseudonymous and untrustworthy

In which case it doesn't matter if it's on a Blockchain or a raspberry pi because the consensus layer being trusted is secondary

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Re:'People were sucked into schemes': Inside Molly White’s c... by Nursie on Saturday October 22, 2022 @08:47AM (#33297882)
"A secured blockchain" is hilarious in concept to me. Looking at cryptographic constructions in general, 'secure' tends to mean "some multiple of the current total computing power of the world, running for hundreds of thousands to billions of years, might be able break the system".

With blockchains we have "a subset of the current compute power on the planet could start subverting it immediately".

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