Content pfp
Content
@
https://ethereum.org
0 reply
0 recast
0 reaction

Raz pfp
Raz
@tzumby
One man’s problems are another man’s greatest asset. Ethereum (and other blockchains) is a network where adversaries such as US and North Korea can operate at the same time. This is a feature not a bug. Taking this a step further, alliances and treaties should involve skin in the game: ie you stake a percentage of your federal reserves to guarantee you will keep your promise (weather this is a military alliance or any time of state level agreements) if you don’t, you lose your stake and tank your economy.
0 reply
0 recast
10 reactions

@
0 reply
0 recast
0 reaction

Raz pfp
Raz
@tzumby
That's the beauty of those networks, on the one hand you can perform the biggest heist in history and launder the proceeds with a tumbler, but on the other, your on-chain footprint will be there forever to haunt your reputation. I don't think anyone should get away with this, hence why I alluded to having skin in the game.
0 reply
0 recast
0 reaction

@
0 reply
0 recast
0 reaction

Raz pfp
Raz
@tzumby
no, thank you! this is exactly the type of reply I was hoping for! I guess I was trying to find a parallel to PoS networks. But now that I think about it, sanctions are kind of mimicking the slashing part. And they're definitely not an effective deterrent.
0 reply
0 recast
0 reaction