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CleanApp 🌱
@CleanApp
A nonprofit building easy-to-use waste + hazard reporting & response systems. Eliminating waste by rethinking resource use with #BlockData & #ElbowGrease.
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Oct 5, 2018
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5 tweets
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13 min read
@VitalikButerin
@VladZamfir
@ViliLe
@angela_walch
@oliverbeige
@ProfPieters
@Prof_CarlaReyes
@stephendpalley
@finck_m
@C1aranMurray
@elmalandr0
The higher the # of interlinked “immutable” blockchains, the higher the likelihood of: (1) systemic collapse (one freak chain collapse causes cascade effect, esp. with financial/debt chains); (2) external regulatory “mutation” to correct on-chain excesses.
medium.com/cryptolawrevie…
@VitalikButerin
@VladZamfir
@ViliLe
@angela_walch
@oliverbeige
@ProfPieters
@Prof_CarlaReyes
@stephendpalley
@finck_m
@C1aranMurray
@elmalandr0
(3) continued financialization & emergence of crypto ins/reinsurance markets means much higher range of actors with direct financial stake in breaking various immutable chains by any means possible (on & off-chain). Immutable chains make rapid crisis response far more difficult.