shazow
@shazow.eth
A common blockchain criticism is "why can't we just do this but without speculation?" Is there a good layman explainer we can link to on why blockchains require a native token with financial value?
6 replies
0 recast
3 reactions
Fucory
@fucory
Blockchains need a bridge to the real world to exist and economic value via proof of work or proof of stake and native tokens are the only things we have figured out how to bridge
1 reply
0 recast
0 reaction
shazow
@shazow.eth
How do you convince someone like Cory Doctorow of this?
1 reply
0 recast
0 reaction
Fucory
@fucory
Do the opposite and try really hard to design a blockchain that doesn’t bridge value to work in an interactive way with them
1 reply
0 recast
0 reaction
shazow
@shazow.eth
"I would simply use a consortium of trusted parties, no token required"
2 replies
0 recast
0 reaction