The Jim Rutt Show cover image

Currents 094: Matthew Pirkowski on Blockchain Consensus Mechanisms

The Jim Rutt Show

00:00

The Importance of Capacity in a System

The store of abstract wealth is very analogous to a store of potential energy, right? That can be fungibly transformed in theory into these realized forms of wealth and perfect. So should we be able to have personal stores of abstract potential energy? Like, is that not something? Well, from a systems design perspective, we want the correct amount of capacitance in the system. And I think maybe some people do better or worse at trying to compute those global systemic optima but that's a really hard problem.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app