Building At The Edges cover image

Sufficient Decentralization — Dan Romero

Building At The Edges

CHAPTER

Ethereum Forecaster: A Decentralized Platform for Social Content

Einstein: There are natural tendencies as these networks develop over time to have new points of centralization and new points of potential failure for kind of like this exit within interoperability. And so one of the things that we're actually trying to think through as we design the forecaster protocol is how do you prevent this from getting too centralized? He says in Bitcoin, a very small number of mining pools don't actually want to do double spends because it would actually lower the price of Bitcoin.

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