On Sat, Nov 27, 2021, 10:55 PM Uwe Cerron <uwecerron@gmail.com> wrote:
Beacon Chain - Ethereum 2.0 pos. Again most of these pos problems have been answered to a considerable extent. To claim Bitcoin is not centralized it's just untrue. I can think of implementing colored coins at the miner/operator level to implement kyc and white label coins.
Uwe, thanks for your clearheaded posts. Keep yourself safe and private, don't let us mess with you too much. My opinion is that cryptocurrency's problems are political rather than cryptographic at this point. Once cryptocurrency ecosystems are accepted due to their ability to outcompete others, the technical issues will be much easier to resolve. It's exciting that Eth2 is happening, which may solve a lot of things if ethereum gas fees reduce significantly, for example. Do you know whether there is technical documentation on Eth2's new security protocols anywhere, or are technical details basically spread among blog posts, source code, and meeting notes?
On Sat, Nov 27, 2021 at 5:02 PM grarpamp <grarpamp@gmail.com> wrote:
On 11/27/21, Uwe Cerron <uwecerron@gmail.com> wrote:
What flaws do you think the beacon chain possesses
What "beacon chain", there are over 5k cryptos all using mashup terms among them, with no link to a specific one, no one on list could consider your question.
But if people want to know about problems with PoS, or anything else, they should first do some self searches...
https://qwant.com/?q=proof+of+stake+pos+<negative_term> negative = flaws, holes, exploits, bad, fails, weakness, economic attacks, disincentives, sellout, aggregation risks, sybil attacks, 51%, bribery, censorship, corruptive governance, maligned interests, etc
Please stop top-posting and block-quoting, it makes for hard to read bloat.