[CPWG] Considerations about the latest polls

gopal at annauniv.edu gopal at annauniv.edu
Sat Nov 20 15:57:59 UTC 2021


+1 Roberto Gaetano

"Safety First"

How safe is safe ? is another small big question in Systems.

In the answer we can bring the vital human.

Gopal T V
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Dr. T V Gopal
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On 2021-11-20 21:05, Roberto Gaetano via CPWG wrote:
> Dear all,
> 
> I have been thinking about the motivations given by some for voting
> Y/N on the 60d period and on the enforcement of the policy. My
> observation is that those who do not want the 60d grace period are
> mostly worried about the inefficiencies, for instance “unnecessary”
> delays in transferring between “good” actors. OTOH, those who want the
> grace period are mostly concerned with the risk of criminal actions
> that could benefit from a quick finalisation of the transfer.
> 
> I wonder therefore if the issue here is the balance between efficiency
> and risk: if we want a system that is safer but slower, let’s have the
> 60d period, if we want a system that is fast but less safe, let’s
> eliminate the 60d.
> 
> Similar considerations apply in the case of “optional” vs “compulsory”
> grace period. It seems obvious that those who are against the 60d want
> at least to be able to have the “opt out” possibility, while those who
> are convinced about the need for it want also to have it applied
> without exceptions (the reasoning behind this, as also pointed out in
> the call, is that the wrongdoers will be obviously opting out).
> 
> In this situation the question is also whether the reduction of the
> length off the period could be a sort of a compromise that gives a bit
> to both parties - or whether the effect would be to make both parties
> unhappy because the result could be neither sufficiently fast nor
> sufficiently secure.
> 
> I am for “slow and safe”, probably also due to age - younger people
> might have a different approach… :-)
> 
> Have a nice weekend,
> Roberto
> 
> 
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