@seven7hwave Technically the chain was unavailable for very-gas-heavy applications for a week or two during the 2016 Shanghai DoS wars, and an accidental 12 hour chain split happened a month later due to a consensus bug.
Binance: Unilaterally halting the chain.
Solana: Frequent outages.
Ethereum: 100% uptime since its first block.
ETH lives at the nexus of liveness and maximal decentralization. That's a good place to be.
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People continue to underrate how often cryptocurrency payments are superior not even because of censorship resistance but just because they're so much more convenient.
Big boost to international business and charity, and sometimes even payments within countries.
The non-profit foundation behind the Ethereum blockchain is quadrupling the rewards it will pay to friendly hackers who uncover bugs in the code of its much ballyhooed software upgrade to as much as $1 million https://t.co/z4jpqdohMe
Totally! Also people totally underrate how censorship resistance means much more than global regulatory arbitrage. Particularly, in smart contract platforms, censorship resistance implies a truly open-API system.
@kamilkazani Though I do think that the adoption and integrations that make crypto actually usable for semi-mainstream international payments ultimately depend on its credible neutrality (which censorship resistance is a part of).
Guy: mobile phones are great for texting and making calls!
Guy, 2 weeks later: mobile phones are great for googling random facts while on the go!
Twitter troll: told ya mobile phones are ngmi. They keep changing the narrative!