PoX Screws Bitcoin, Adulterates Blockchain Software Technology

Karl Semich 0xloem at gmail.com
Sun Nov 28 02:23:44 PST 2021

On Sat, Nov 27, 2021, 10:55 PM Uwe Cerron <uwecerron at 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 at gmail.com> wrote:
>> On 11/27/21, Uwe Cerron <uwecerron at 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.
-------------- next part --------------
A non-text attachment was scrubbed...
Name: not available
Type: text/html
Size: 3481 bytes
Desc: not available
URL: <https://lists.cpunks.org/pipermail/cypherpunks/attachments/20211128/99cfd641/attachment.txt>

More information about the cypherpunks mailing list