mleku on Nostr: stake is not a security mechanism, it's a concurrency mutual exclusion lock for ...

stake is not a security mechanism, it's a concurrency mutual exclusion lock for 20-100 nodes to get the role of authoritative replica

bitcoin solves this problem but can't do better than 1mb/10 minutes and the simple fact is that this means that only one blockchain can be secure with more than 100 nodes in the consensus

only bitcoin is decentralised, and it can only be a notary for one small monetary ledger, in the whole internet