On: What Satoshi Did Not Know (2015) [pdf]

[realsunnyg]

That isn’t the trilemma - it’s decentralization, scalability and global state.

[neosat → realsunnyg]

That's true for distributed computing in general so it has nothing specifically to do with the blockchain protocol itself.

[MrXOR → realsunnyg]

Global state? Please explain more.

[vishnugupta → MrXOR]

Perhaps they meant global consensus?

[hinkley → vishnugupta]

How is global consensus not global state?

What are we consensing on, if not a mutually agreeable set of facts (state) that we can use as a basis for future decisions?

If the answer is “nothing” then you by definition have a toy, not a tool.

[pfraze → MrXOR]

I suspect they’re referring to how some blockchains (eg ethereum) are using sharing and lightning to scale