Critique of Buterin’s “A Proof of Stake Design Philosophy”

The fable of “belling the cat” is about a group of mice who debate plans to nullify the threat of a marauding cat. Putting a bell around the cat’s neck seems like an obviously good solution, until one mouse asks who will volunteer… The story illustrates how ‘social consensus’ can seem easy in theory, but is often hard in practice.

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store