Venkatesh Rao ☀️
@vgr
Did you know Peter Drucker had a parable about Ethereum way back in the 1950s? Guy walks past 3 block builders busy building ethereum blocks. “What are you doing?” he inquires. “Building blocks for a fair return,” says the first block builder. “Building the fastest, cheapest, most efficiently knapsacked blocks in the mempool!” says the second block builder. “Building a cypherpunk-cathedral!” says the third, with starry eyes. Peter Drucker’s commentary: The first block builder is not a problem, he’s just looking to make a living. The third block builder is not a problem either. He’s a mission-centered guy driving the whole effort with inspirational leadership from the front. The problem is the second guy.
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vidushak
@vidushak
Why is the second guy a problem?
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Venkatesh Rao ☀️
@vgr
He’s a solana mole
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vidushak
@vidushak
I am not very well learned about how these chains operate but from my own user experience, Solana is a good product
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Venkatesh Rao ☀️
@vgr
Solana prioritizes speed and scaling at the expense of censorship resistance. It's basically a kind of enterprise software product more than a blockchain. Ethereum is inbetween Solana and Bitcoin technically/philosophically.
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vidushak
@vidushak
Correct me if I'm wrong but a year or so back a large portion of Eth validators started validating what they call OFAC standard blocks or something And this was without fire or smoke They simply decided to comply with something that was neither asked for nor necessary
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