Hacker News Reader

Comment by maccolgan | Hacker News Reader

The author beautifully missed the point of having a EVM in the first place, he missed the "it's trustless" memo. EVM is slow because it runs the same code in millions of computers where no computers are trusted and only the consensus of the computers are trusted. You won't be running Firefox or Linux on EVM.

I like how even the most educated and experienced people in the world can't bother to read the bitcoin whitepaper with no reservations.

View on HN

> I like how even the most educated and experienced people in the world can't bother to read the bitcoin whitepaper with no reservations.

I get your sarcasm, but the bitcoin paper has little to do with the EVM and smart contracts except as a foundational idea.

Either way, I’m inclined to agree with the beautiful sarcasm the OP posted. Trustless doesn’t make it more valuable than the trusted systems that we already have that are cheaper and do a decent job without artificial scarcity

>but the bitcoin paper has little to do with the EVM and smart contracts except as a foundational idea

I am not claiming the bitcoin whitepaper has anything to do with EVM, but it explains why a trustless, digital currency is needed and how it can be implemented. It predates real cryptocurrencies, so it can read easier without references to cryptocurrencies that exist today. The author has demonstrated incredible ignorance of why things like EVM exist in the first place.

>Trustless doesn’t make it more valuable than the trusted systems

Author doesn't understand why people think it could be/is valuable either.

He does understand. It’s for the people that manage to grow into adulthood without realizing that Ayn Rand was a terrible hack. “Trustless” sounds like a good idea to these most boring of cynics who consider anything but ruthless short-sighted egotism to be weakness or naïveté, all institutions to be corrupt (with the same magnitude of “totally”), and the only debate to be had is if it’s the Wall Street Jews, Hilary Clinton, or all women that are ruining their lives.

Reply on news.ycombinator.com