Damus
Nuh · 2w
The real answer is that the current PoWPeg (federated multisig in HSM verifying the merge mining) provides the finalitt, because the software refuses any reorgs deeper than roughly a day. Theoretical...
inkan profile picture
I'm trying to wrap my mind around the Ethereum side of the discussion.

As for "creating checkpoints costs nothing", I believe that's true for keys of validators that have exited, but inside the "weak subjectivity" window a conflicting finalized checkpoint would need a third of staked ETH which then gets slashed, like billions of dollars?

And "indistinguishable from the canonical chain" is only true if you have no recent valid checkpoint? If you have one, it seems like you can detect a fake chain immediately.

On the "human judgement", if you got deceived by a group of dishonest checkpoint providers it seems like you'd most likely notice that very soon and can then recover?

In this Bitcoin vs. Ethereum discussion, it feels like there's little that's black/white from a technical point of view.
2
Nuh · 2w
I mean, even ethereum developers wont make these claims. What you explained is just subjectivity, you are guaranteed to agree with everyone who has been online as often as you are. But it is simply impossible to settle this programatically. I can make a software that looks at all suggested bitcoin h...
Technical Debt · 2w
> In this Bitcoin vs. Ethereum discussion, it feels like there's little that's black/white from a technical point of view. As long as we keep the discussion abstract, sure, but even a clanker seems to agree that for the inkan use case the unambiguity/determinism afforded by the pow/consensus model...