[Cryptography] Does Bitcoin have unaddressed design flaws?

Richard Outerbridge outer at interlog.com
Wed Feb 10 02:29:07 EST 2021


> On 2021-02-09 (40), at 04:32:43, jrzx via cryptography <cryptography at metzdowd.com> wrote:
> 
> Sent with ProtonMail Secure Email.
> 
> ‐‐‐‐‐‐‐ Original Message ‐‐‐‐‐‐‐
> On Sunday, February 7, 2021 9:10 PM, Ray Dillinger <bear at sonic.net> wrote:
>> (A) A system that can handle six thousand transactions a
>> second cannot be meaningfully a blockchain system.

[ …. ]

> The existing financial system relies excessively on trust, and
> our elite is increasingly untrustworthy and unable and unwilling to trust each other.
> 
> You just cannot operate a trust based system with the people we have.
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Whatever other people have we ever had?
__outer




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