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Currents 094: Matthew Pirkowski on Blockchain Consensus Mechanisms

The Jim Rutt Show

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The Solipsism of Cardano

Once a closed proof of stake system, let's take Cardano as an example, has been defined and is in operation, it is now congruent with a proof of work system. So maybe this will be the point where it comes together. But once you've actually defined one of these proof of stake systems, it's not entirely obvious to me. It seems like it's perhaps is the case that we can say that they're both congruent, that a degree that they are constrained by their designs. In and of itself, it's kind of solipsistic, right? Solipsism is kind of the way of thinking about it.

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