0xosprey.eth makes the point everything is just social consensus. In other words the value of anything exists in the heads of the people within the market.
In the realm of crypto infra, a majority of eth validators coordinating could fork the chain and make any protocol updates.
This concept of social consensus, as it relates to defending blockchains, has an implicit assumption. Validators are mostly distinct minds, with independent self interest. So if there’s a data withholding attack on DA, the honest validators can see what’s happening and fork off the attackers.
Imagine AI proliferated before blockchains, so the internet is filled with autonomous agents. As Bitcoin and ETH launched, these agents could’ve run miners (eventually validators).
As long as they’re all independently self interested, the chain progresses as normal.
Now assume there was a supply chain attack on these agents, so all the agents would obey one post saying to fork a chain.
This would be the end of social consensus.
Luckily most crypto infra was launched and scaled before the singularity. The issue remains any new L1 must consider preserving social consensus from the start.
Furthermore if agents can make enough money on the scale of ETH security, the same issue arises.
Good night
EulerLagrange.eth
Over 100 subscribers
I wrote something. Shout out to @osprey for putting up with me. https://paragraph.xyz/@opacitylabs.eth/social-consensus-singularity
can't even get my ens handle right smh
0xosprey?
🫡 https://x.com/0x_Osprey/status/1849137601065976299
Fucking nostra-osprey
I added your tweet to it
That's awesome 👍😎 You motivated him to post an article... It was well done too! That's being a leader right there...