Thx, tho it was a lecture with an audience. I even posted about it, so that might be the "fastest" way to find it - when I have some idle time ;-)
The point was that many of the qualities the initial pioneers of crypto thought important may not be so important after all, and especially not for the mass of people who don't care at all about how the engine works under the hood - they just have 2 or 3 pedals and a wheel. lol
For me, it is the construction of algorithmic systems that function without human direct involvement. So that means trusting the trustless protocols (lol), that they are stable as well as self-correcting. Within that comes the idea of limiting dependencies - or maximising decentralisation - as an important factor. What you don't want is for some proposal getting passed by colluding agents that ruins the whole system - which happens far too regularly. What I don't see is some governance protocol that actively avoids being hijacked - somewhat like a swap pool rebalances after every trade.
Thx, tho it was a lecture with an audience. I even posted about it, so that might be the "fastest" way to find it - when I have some idle time ;-)
The point was that many of the qualities the initial pioneers of crypto thought important may not be so important after all, and especially not for the mass of people who don't care at all about how the engine works under the hood - they just have 2 or 3 pedals and a wheel. lol
What's the most important in your opinion ?
For me, it is the construction of algorithmic systems that function without human direct involvement. So that means trusting the trustless protocols (lol), that they are stable as well as self-correcting. Within that comes the idea of limiting dependencies - or maximising decentralisation - as an important factor. What you don't want is for some proposal getting passed by colluding agents that ruins the whole system - which happens far too regularly. What I don't see is some governance protocol that actively avoids being hijacked - somewhat like a swap pool rebalances after every trade.