Hacker News Reader

This article made me think immediately about a lot of discussions regarding blockchain suitability for a given use case.

I realized solving for a « no trust » environment is extremely expensive (even purely computationally if you look at proof of work as a solution).

Most of the times, deciding to start putting a little trust in the design saves a lot of complexity...

View on HN

Not sure if you've read up on recent developments in Ethereum, but in case you haven't, check out proof of stake [1]. Basically, POS lets people put their money on the line for consensus rather than let people only participate in consensus by solving hard computation problems.

[1] https://ethereum.org/en/eth2/staking/

Check out Polkadot! All the 'Powerhouse' Players came together to start a semi-trustless system of governance that's pretty interesting.

Reply on news.ycombinator.com