Periodic reminder that if you ditch the zero-trust part, if you admit that trust matters even a tiny bit, you can ditch the consensus algorithm and run the entire blockchain exercise on one shitty five year old Android phone. A firstgen raspberry pi would be overkill. Seven transactions per second wouldn’t have stretched a 486 on dial-up in 1996 and the whole stack is an embarrassment.
@bhawthorne@mhoye so it it actually practical as a #Payment system, because the people behind it actually designed it with that single goal in mind without being reliant on a single point of trust or failure.
And unlike #Bitcoin or #Ethereum one can't taint your account with illegal funds, which is so rampant since the #TornadoCash ban that even #TreasuryDept's #OFAC recognized "#Dusting" as digital equivalent of throwing feces at a restaurant's windows....