ETH2

Credible Neutrality 

- a basic effort to be fair

As a neutral infrastructure, not as a biased platform. 

The systems, protocols and incentives we create now can be less susceptible to censorship, government overreach and misinformation.

Finality

... how Eth2 can continue producing blocks, even if there is a massive disruption that knocks a large number of validators offline, preventing the network from reaching finality. This robustness allows essential business functions to continue operating on Eth2, despite massive network disruptions.

On Eth2, validators default to being anonymous with no delegation. When someone attempts to censor, they will have a difficult time coercing a sufficient number of globally distributed, and mostly anonymous, validators to execute their will over an extended period of time.

Minimum Viable Issuance

Users, enterprises and governments can feel confident working with Eth2 because its base unit issuance is only used for one specific purpose: security, and that raison d'être cannot be repurposed to serve alternate goals. Additionally, the entire monetary policy is known and public, so everyone has equal insight and access to understand all protocol rules.

Self-sovereignty

Eth2 allows any individual, enterprise or government to run validators, actively opt in to the rules of the protocol and enforce them for all other participants. It enables a sense of ownership, confidence and self-sovereignty that is harder to achieve solely as a consumer. It also enables all entities to trustlessly build and verify the state, which makes us all work from the same set of facts — a rare occurrence in today’s world.



Comments

Post a Comment

Popular posts from this blog

Social Scoring System

Image
It's A Double Edged Sword While it is good to have the ability to incentivize good behaviour through tokenization, the reverse may happen as authorities use it as a system of control. "Since the government has gone forward in creating a ‘social score’ to reward or punish behavior in the country, cryptocurrency speculation falls into this area. By making paper/coin payments a smaller part of retailing, the government can monitor their citizens more closely and perhaps impact their social score. " ~ Andre Szykier, the chief technology officer Bitcoin ATM operator Blockchain BTM China is likely to become the most active blockchain market in the world, as it looks to spend $2 billion on projects by 2023.  Quoted from Cointelegraph: It is no surprise that China, as well as a host of smaller countries, were initially fearful of BTC and blockchain technology for their disruptive potential.  However, since China was recently threatened with sanctions and tariff...
Read more

Steve Jobs on Focus

Why you need the 30 per cent rule We live in an age of distraction.  Never-ending notifications, instantaneous communication, and easy access to endless information.  Fear of missing out moves us motivates us to try to do everything that our minds and hearts desire. But as you move from one shiny object to another, you'll slowly discover a fundamental truth: You can't do everything.  And if you try, you won't do anything well. Steve Jobs Used the 30 Percent Rule to Bring Apple Back From the Dead (It'll Work for You, Too) By focusing on the best of the best, Jobs transformed Apple into one of the most valuable companies in the world.
Read more