David C.
David C.
Jul 21, 2017 · 1 min read

Very eye-opening article.

Ethereum as world computer with code that cannot be changed once used is design problem (of Ethereum). Technical problem.

The hyper expensive cost of running such code (therefore optimization done to the level of insecurity) is design problem, too (of Ethereum). This problem is not technical and in some ways more serious. Because even this cost is again just a symptom of non-technical design problem. Simply to say: the system and its participants (including me) has a incentive NOT to solve this maybe even with breaking changes.

Long live blockchain!

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David C.

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David C.

I’m curious. And you?