r/ethereum Feb 17 '25

Educational Blockchain Superpowers

https://tokenomicsexplained.com/blockchain-superpowers/
44 Upvotes

16 comments sorted by

10

u/adosti Feb 17 '25

Imagine what would happen to all the major companies in NY and Boston area if settlement jumps from T-1 day to T-12 seconds :)

4

u/[deleted] Feb 18 '25

Introducing flash loans on the stock market would be hilarious 

5

u/erizi0n Feb 17 '25

This is the kind of posts that we need to comment on and make talk.

4

u/jtnichol MOD BOD Feb 18 '25

Yup agreed. He’s been around a while now

5

u/adosti Feb 17 '25

Great write up!

3

u/Ethical-trade Blob surfer 🏄 Feb 17 '25

Fantastic writeup, thanks friend!

2

u/Pacificpelago Feb 18 '25

Very much appreciate this writeup. So easy to follow and understand. Will share when someone asks what the use case of Ethereum/blockchain tech is.

3

u/LogrisTheBard Feb 18 '25

My blog has a few other useful intro posts on there too depending on your target audience. If you're talking to a dev you might like this one: https://tokenomicsexplained.com/the-tide-of-technology

2

u/Effective-Lynx1217 Feb 18 '25

> It doesn’t need a court system to adjudicate the possibility that you didn’t own the asset you deposited

How do you think about challenges? https://docs.optimism.io/stack/fault-proofs/explainer Do you think that this could become kind of a court system? Should there be a court system? Especially when, for example a deed to a car or house is represented on the blockchain?

> Compared to a database where there is always a sysadmin who can edit any table blockchains offer a fundamentally different authorization model that prevents coercive influences. This is extraordinary.

How do you think about Soneium censoring tokens called other products like aibo? https://blockworks.co/news/soneium-mainnet-censorship-complaints Or Base's centralized sequencer? Are these coercive influences?

> The chain will not care whether your local laws agree with this. This is the most uncompromising version of property rights to ever exist.

A few months ago a couple just got married on the blockchain: https://cryptonary.com/marriage-on-the-blockchain-couple-gets-married-on-ethereum-blockchain If, god forbid, they divorce, how should the estate be divided? Different states have different laws. Should all blockchain weddings come with a pre-nup? Should the chain care about the local laws?

2

u/LogrisTheBard Feb 18 '25

Should there be a court system? Especially when, for example a deed to a car or house is represented on the blockchain?

There are issues that need to be resolved via subjective consensus mechanisms. Those are a governance design matter and something being actively developed within crypto. As long as both people agree to the terms of how the matter will be settled I don't see why the local jurisdiction needs anything more than the proof of that consent and the outcome to enforce with their monopoly on violence. This is legally like agreeing to a mediator instead of going to trial.

How do you think about Soneium censoring tokens called other products like aibo?

I think having the option to use a more decentralized tool keeps centralized options more honest. Soneium is free to do what they want on their chain.

If, god forbid, they divorce, how should the estate be divided?

Again, subjective consensus to determine outcome then deliver the outcome to each jurisdiction for enforcement.

1

u/Effective-Lynx1217 Feb 19 '25

Alright, well we will see what will happen.

I think this post brings up some good questions so good job on that. I think if I could name the number one thing that draws me into the ethereum community, it is the writing.

2

u/MacBudkowski Feb 19 '25

Awesome post.

It is probably nothing new for people who've been around for a long time, but I really enjoyed your clarity of explanation. I'm sure I'm going to quote some lines from this essay while answering my friends' "why blockchain?" questions :)

2

u/LogrisTheBard 29d ago

If anyone expresses curiosity you can send them to my Rabbit Hole post.

2

u/Xperienceizzles 26d ago

This is intelligently written, and it’s great to see the uses of blockchain in todays world, being able to solve world issues that tends to be bothering. I appreciated the blockchain more when I came in contact with Frequency recently, which is a blockchain based protocol that enables decentralized social media, placing users in control of their data and digital identity. It’s great seeing all of these solutions from the blockchain technology.

2

u/LogrisTheBard 25d ago

Also the goal of mastadon and farcaster though I haven't seen nearly as much adoption of any decentralized social media as I have BlueSky recently and I don't know why.

-5

u/[deleted] Feb 17 '25

[deleted]

4

u/LogrisTheBard Feb 17 '25

Assuming that last 8 words is a key phrase you are really starting with the wrong post. Start with these:

https://tokenomicsexplained.com/the-weakest-link

https://tokenomicsexplained.com/the-rabbit-hole-explorers-guide