The reason blockchain solutions are not viable for many use cases is not the cryptographic chain of provenance, it's the single-globally-consistent-chain.

· Bits and Bobs 8/24/26
  • The reason blockchain solutions are not viable for many use cases is not the cryptographic chain of provenance, it's the single-globally-consistent-chain.
    • The cryptography is good, the global sync is the useless part.
    • That single-globally-consistent-chain of computation requires absurd amounts of computation and coordination to achieve, especially in a zero-trust model.
    • The only way to incentivize that absurd amount of computation is to induce an emergent shoggoth of financialization that eats through everything it touches.
    • This shoggoth is load-bearing and inescapable if you need to recompute everything billions of times to trust it.
    • A powerful force… that also makes the whole thing inhospitable to real people.
    • If you knew that everyone had actually done the cryptographic calculations they said they did, you could get the benefits of the provenance chain at a billionth the cost.
    • TEEs give you the building blocks for distributed trust.
    • This doesn't eliminate trust, it relocates it, from an unbounded set of anonymous operators to a small, named, auditable set of silicon vendors.

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