Ryan Sean Adams (rsa.eth)
@rsa.eth
Content is cheap - AI will drop the costs to zero. Truth is still expensive. This is why blockchains will have an incredible decade. Stake weighted consensus and markets are one of our best tools for determining truth.
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wake
@wake.eth
Blockchain truth is not content truth tho. A valid block can contain lies.
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Kieran Daniels 🎩
@kdaniels.eth
I think what he means is it’s immutable and anonymous, so prediction markets can truly exist and the “truth” aka insider info comes to light because of the inherent incentive structure.
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Ryan Sean Adams (rsa.eth)
@rsa.eth
I think the standard should be "less lies" And also, broaden your concept of stake weighted consensus to things like prediction markets. An election prediction on Polymarket with an accompanying billion dollars in liquidity represents more stake weighted consensus than an expert opinion tweeted with no stake. We have too many hot takes and too few stake weighted hot takes.
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Dean Pierce 👨💻🌎🌍
@deanpierce.eth
It doesn't contain "true things" it contains attestations, like "@rsa.eth says that this thing is true". This means that identities can build or wreck their reputation in a verifiable way. It's not that everything attested to is true. If disinfo is attested to, the truth is that someone attested to it.
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Jhon
@jhonc.eth
You have said many truths in few words
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Harpocryptes
@harpocryptes
A blockchain can contain truths of the form "account A signed message M at time T" with cryptographic certainty. That's *some* form of truth, which can be useful ones. Besides that, @rsa.eth alludes to stakes and markets. Yes, you can lie, but if you stand to lose more than you benefit if you do, or if there is sufficient decentralisation that lies are the minority, you can ideally get quite close to the truth. Think proof of stake, prediction markets, onchain oracles, ... Remains to be seen how to apply to more things.
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