@dan_abramov I thought the talks at this Tesla AI day event were pretty thorough while still simple enough for me to follow along https://t.co/qXX728QO69
@gladstein@udiWertheimer@JeremyRubin@CitizenBitcoin What am I misunderstanding about PoW that makes it so different from PoS? More capital -> more mining hardware -> more BTC. Is the thought that BTC miners have to sell their rewards to add more hardware?
@seldo Assuming you mean governance token distributions, and yeah no disagreement there. Decentralization isn't a binary though. Uniswap and Aave may not meet your definition of decentralized (or mine), but compared with Etrade and Citi their decentralization is novel
@seldo Would be curious to hear your take on how decentralized exchanges and lending protocols are replicating old technology. Eliminating the centralized intermediaries and redirecting their profits to the users who supply their liquidity seems novel.
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