On monoculture and diversity...
TL;DR: Monoculture in protocols may introduce weaknesses; monoculture in a having a single ledger doesn't, and is pretty much the point of having money at all.
TL;DR: Monoculture in protocols may introduce weaknesses; monoculture in a having a single ledger doesn't, and is pretty much the point of having money at all.
on bitcoin monoculture, an external to bitcoin point of view:
http://cointelegraph.com/news/113036/vitalik-buterin-challenges-the-idea-of-bitcoin-dominance-maximalism-op-ed
Vitalik is brilliant and understands code. Unfortunately, he doesn't fully understand money or human nature. I think that comes more with age/experience.
Yep you're right. Though, I have to say that reading his blog posts is always stimulating (lately he was quite prolific, 4 posts on ethereum blog in Nov alone).
E.g. after having read his "The Search for a Stable Cryptocurrency" I was
eventually barely able to understand what "seignorage shares" is
