Arpith Siromoney 💬

Squaring Zooko’s Triangle

Recently, DNS legend Dan Kaminsky used this to argue that since electronic cash was pretty much the same as naming, Zooko’s triangle applied to it as well. He used this to argue that BitCoin, the secure, decentralized, human-meaningful electronic cash system was impossible. I have my problems with BitCoin, but it’s manifestly not impossible, so I just assumed Kaminsky had gone wrong somewhere.

But tonight I realized that you can indeed use BitCoin to square Zooko’s triangle.