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Twitter - Nick Szabo

Nick Szabo
Nick Szabo@NickSzabo4

A good deal of luck is involved, but a broad knowledge of computer science and relevant history of institutions gre… twitter.com/i/web/status/1…

Nick Szabo
Nick Szabo@NickSzabo4

"All other projects..." is an overstatement. I have, however, sadly observed that projects initially built via a h… twitter.com/i/web/status/1…

Nick Szabo
Nick Szabo@NickSzabo4

No. We already have several words for that: "program." Also "software". Or "dApp" if it's distributed. You need no… twitter.com/i/web/status/1…

Nick Szabo
Nick Szabo@NickSzabo4

Blockchain fees/gas are way too unpredictable. L2s should focus far less on making fees lower & far more on making… twitter.com/i/web/status/1…

Nick Szabo
Nick Szabo@NickSzabo4

A new shop will soon be appearing near you.twitter.com/a_greenberg/st… twitter.com/LibertarianMik…

Nick Szabo
Nick Szabo@NickSzabo4

At scale, a Turing-complete blockchain can be a platform for extremely expensive trust-minimized computations. Not… twitter.com/i/web/status/1…

Nick Szabo
Nick Szabo@NickSzabo4

Centralized TTP that freezes user accounts complains about centralized TTP that freezes functionality on their toke… twitter.com/i/web/status/1…

Nick Szabo
Nick Szabo@NickSzabo4

No. Extremely few people imagined it. And Bitcoin, only its 2nd implementation, (counting RPOW as the 1st) turned… twitter.com/i/web/status/1…

Nick Szabo
Nick Szabo@NickSzabo4

Normal users don't want code code with poor knowledge of their budget & preferences, and often with conflicts of in… twitter.com/i/web/status/1…

Nick Szabo
Nick Szabo@NickSzabo4

"The lesson for micropayments is that mental costs usually exceed, and often even dwarf, computational costs. [Big]… twitter.com/i/web/status/1…

Nick Szabo
Nick Szabo@NickSzabo4

Store of value and medium of wealth transfer among the foraging Yurok. "The ability to transfer wealth was crucial… twitter.com/i/web/status/1…

Nick Szabo

From ICOs to centralized exchanges, little is more common in this business than trusted third parties screwing the… twitter.com/i/web/status/1…

Nick Szabo
Nick Szabo@NickSzabo4

"Ring-money" was a store of wealth, display of wealth, & medium of wealth transfer (land transactions, legal damage… twitter.com/i/web/status/1…

Nick Szabo
Nick Szabo@NickSzabo4

See also unenumerated.blogspot.com/2015/10/minimi…Lightning allows 2 big worry-minimizers: instant payments & no dependence on iden… twitter.com/i/web/status/1…

Nick Szabo
Nick Szabo@NickSzabo4

"Many courts dealt with each other not as master & servant, nor even as principle and agent, but [instead] ... used… twitter.com/i/web/status/1…

Nick Szabo
Nick Szabo@NickSzabo4

Crucial point. "Digital cash" was dreamed up by academic cryptographers long before Bitcoin. It was a privacy-enhan… twitter.com/i/web/status/1…

Nick Szabo
Nick Szabo@NickSzabo4

EOS didn't even begin to scratch the surface of what can go wrong with freezing or reversing transactions, which on… twitter.com/i/web/status/1…

Nick Szabo
Nick Szabo@NickSzabo4

Looks like yet another "crypto expert" is clueless about the last forty years of computer science, for example Byza… twitter.com/i/web/status/1…

Nick Szabo
Nick Szabo@NickSzabo4

I too hate meetings and like undisturbed time off with family or friends. Bitcoin and other sane cryptocurrencies a… twitter.com/i/web/status/1…

Nick Szabo
Nick Szabo@NickSzabo4

Biological scalability is the ability to support a larger, denser, and/or wealthier population in a given ecosystem.