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The World’s Computer | the singularity is nearer

geohot.github.io · 299 words · saved by 1 readers

This was the tagline of Ethereum, and it’s really smart. Sadly, I feel they have lost their way with Proof of Stake, and wish they would go back to focusing on building a reasonable world computer. In 2024, it’s still painfully annoying to stand up a database. This is the only thing big tech really has, to the point that I often use Google Sheets or a GitHub repo effectively as a database. Sure, you could use a hosted MySQL on Azure, but dealing with backups, redundancy, and configuration makes it so annoying. Another fact about databases is that the world only needs one of them. Standing up multiple databases is usually done for throughput or sandboxing reasons, nothing fundamental. Just create more “tables” One properly built database can kill big tech. The database needs to handle all the throughput in the world, never go down, and handle permissioning (which is all smart contracts should do). The Ethereum network is averaging 13 transactions per second. This is way too small. Let’s

This was the tagline of Ethereum, and it’s really smart. Sadly, I feel they have lost their way with Proof of Stake, and wish they would go back to focusing on building a reasonable world computer. In 2024, it’s still painfully annoying to stand up a database. This is the only thing big tech really has, to the point that I often use Google Sheets or a GitHub repo effectively as a database. Sure, you could use a hosted MySQL on Azure, but dealing with backups, redundancy, and configuration makes it so annoying. Another fact about databases is that the world only needs one of them. Standing up m

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