Note on 100 Years of Whatever This Will Be - Apenwarr via apenwarr.ca

Here’s what everyone peddling the new trendy systems is so desperately trying to forget, that makes all of them absurdly expensive and destined to fail, even if the things we want from them are beautiful and desirable and well worth working on. Here is the very bad news:

Regulation is a centralized function.

The job of regulation is to stop distributed systems from going awry.

Because distributed systems always go awry.

FROM:

apenwarr.ca

100 Years of Whatever This Will Be - Apenwarr

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Regulation is a coordination problem. Participants must coordinate through a centralized means (even if that’s democratic voting).