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Currents 094: Matthew Pirkowski on Blockchain Consensus Mechanisms

The Jim Rutt Show

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The Constraints of Proof of Stake

Think of a system that sets out from the get go to establish a predictable relationship with an extrinsic energy gradient, as anchoring itself to the center. Whereas the possibility space of exploration of proof of stake because of the fact that you can sort of bootstrap the protocol into existence, the initial point of development of those networks might be much further from that neutral space. And so, therefore, when they come into existence, if they establish a closure, just like you're saying, they might be closer to that edge boundary. Their movement in any given direction or the relationships they establish once they become coherent, could lead to death and often likely lead to death because they are around that periphery

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