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From Anchor to Mad Lads and Beyond with Armani Ferrante

Validated

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The Importance of Social Fault Tolerance in Ethereum

ERC is a set of APIs that we all agree to use at the social level. It just creates a much more robust social layer where you could have all of these independent companies depend on a single standard. That's neutral because it's not a program that's upgradable by a single company. And I think this is a really important piece of social fault tolerance, if you want to coin that term.That is really important for blockchains, right? Because it's not just about the tech and it's also about managing the culture and the people.

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