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I had a few initial reactions on reading this, but I wanted to let it sit before I replied. Spicy reply inbound.
First, I generally agree with a lot of polynya's writings, but this isn't one of those. I take pause with calling even what Ethereum is today a block chain at all, as definitionally speaking, a block chain is a continuously growing chain of blocks relying on a probabilistic security measure that strengthens consensus via a statistical or economic measure that converges on one side of a fork, and it does none of those things in fact:
- blobs are purged, meaning the history of the chain (even if only active state) is not fully preserved by the protocol
- finality is predicated on a social contract per weak subjectivity – not only snap sync, but in the epochs of the beacon chain. This is argued as a net good because it limits reorg depth and overall slashing risk, but one would argue both are conditions that make PoS bad, not weak subjectivity good. 1 reply
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