Discover and read the best of Twitter Threads about #merkletrees
Most recents (2)
I've got trust issues. We all do. Some infosec pros go so far as to say #TrustNoOne, a philosophy more formally known as #ZeroTrust, that holds that certain elements of your security should *never* be delegated to *any* third party. 1/
If you'd like an essay-formatted version of this thread to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:
pluralistic.net/2022/11/09/inf… 2/
pluralistic.net/2022/11/09/inf… 2/
The problem is, it's trust all the way down. Say you maintain your own cryptographic keys on your own device. How do you know the software you use to store those keys is trustworthy? Well, maybe you audit the source-code and compile it yourself. 3/
So many terms floating around lately in relation to #DecentralizedNetworks, protocols, staking, and mining. The following Twitter-Wiki is how I understand all of these closely-related, but subtly different concepts. . . 👇
#DecentralizedNetwork - In our #Blockchain context, a P2P network with a protocol that can trustlessly transfer value in the form of #DigitalAssets.
#GeneralizedMining - Extraction of on-protocol compensation from #DecentralizedNetworks through the provision of #SupplySideServices, liquidity, or alpha-generating activities. (cc @coinfund_io, @JoeLallouz)
