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NickSzabo4's profile
Nick Szabo 🔑
Nick Szabo 🔑
Nick Szabo  🔑
@NickSzabo4

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Nick Szabo  🔑

@NickSzabo4

Blockchain, cryptocurrency, and smart contracts pioneer. (RT/Fav/Follow does not imply endorsement). Blog: http://unenumerated.blogspot.com 

Joined June 2014

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    Nick Szabo  🔑‏ @NickSzabo4 6 Jun 2018
    • Report Tweet

    Nick Szabo  🔑 Retweeted Maury McCoy

    Somebody must interpret for the holders the very technical real-world acts of block producers. Thus EOS will depend on a labor-intensive, subjective, unpredictable, and biased bureaucracy. They've thrown out best parts of blockchain tech and replaced them with bad governance.https://twitter.com/MauryMcCoy/status/1004388247752138757 …

    Nick Szabo  🔑 added,

    Maury McCoy @MauryMcCoy
    Replying to @NickSzabo4
    I see the constitution more as a guide for EOS holders deciding on block producers. They will essentially be judge and jury and kick out BPs who fail to act responsibly. Similar to Google's mantra of "Don't be evil". Not really enforceable, but a basis from which to start.
    3:49 PM - 6 Jun 2018
    • 235 Retweets
    • 803 Likes
    • Foodie on a Roll Mark Marissa Nathan Bora bgogo Ortrun Reichmann Simbolon Crypto BEF Litecoin Feeds Coin Market Apps ⚡️
    51 replies 235 retweets 803 likes
      1. Tommy Mustache‏ @MustacheTommy 6 Jun 2018
        • Report Tweet
        Replying to @NickSzabo4

        Tommy Mustache Retweeted Tommy Mustache

        https://twitter.com/tommyp408/status/1004469941116911616 … Please help like and retweet this to help recognize the 3 Asian Superstars in crypto. There are many others as well but these 3 stands out for sure. @SatoshiLite @binance @justinsuntron

        Tommy Mustache added,

        Tommy Mustache @MustacheTommy
        To the 3 Asian Sensation Crypto Fellas -Thanks for leading the charge on this crypto revolution. The 52,000 bitcoin private men and women salute you. @binance @justinsuntron @SatoshiLite @LTCFoundation @Alex_TNT @TheJoshBuchanan @Teddy_Lin @ellazhang516 @tommyp408 @Tron_US pic.twitter.com/rvVXQPhePO
        0 replies 1 retweet 6 likes
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      2. Trust ⚡️Your ⚡️Assets‏ @TrustYourAssets 6 Jun 2018
        • Report Tweet
        Replying to @NickSzabo4

        Its no problem, just keep forking and people can pick the biased group they like

        1 reply 0 retweets 3 likes
      3. Felipe  ⚡ Foltran‏ @tieteense 6 Jun 2018
        • Report Tweet
        Replying to @TrustYourAssets @NickSzabo4

        And on #eosio those chains can even talk to each other.

        1 reply 0 retweets 1 like
      4. Trust ⚡️Your ⚡️Assets‏ @TrustYourAssets 6 Jun 2018
        • Report Tweet
        Replying to @tieteense @NickSzabo4

        I was being sarcastic about the $EOS forking, I really don't know that much. So it encourages forking almost? Wait, I don't really want to know

        1 reply 0 retweets 3 likes
      5. Felipe  ⚡ Foltran‏ @tieteense 6 Jun 2018
        • Report Tweet
        Replying to @TrustYourAssets @NickSzabo4

        I'm learning a lot just by reading through the Telegram channels during this launch week, and the few tokens I bought at $ 0.70 each won't be missed if it all goes bust.

        0 replies 0 retweets 1 like
      6. End of conversation
      1. AndriyTyurnikov‏ @AndriyTyurnikov 7 Jun 2018
        • Report Tweet
        Replying to @NickSzabo4

        Bad as compared to what? You talking like Segwit2x, BCH and DAO Fork never happened. Miners, core developers, wallet producers, exchanges have (and use) enormous power over blockchains. Non-transparent bureaucracy already governs most major blockchains.

        0 replies 0 retweets 6 likes
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      1. Dan Zaretsky‏ @Zman1985 7 Jun 2018
        • Report Tweet
        Replying to @NickSzabo4

        Nick’s description describes every large, man-made institution that I have been involved with. The current totalitarian/corporate governance structure is failing the masses. The hope of EOS is that it may achieve a much fairer distribution of the profits. A noble goal to pursue

        0 replies 0 retweets 6 likes
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      1. Michael Manville‏ @blokchainreport 7 Jun 2018
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        Replying to @NickSzabo4

        EOS block producers deliver real world value: storage, ram, computation, TPS, etc. In the age of PoW mining, have we lost sight of the importance of real world value? Agreed, governance will be tricky, but if it works, we've created a new nation on chain.

        0 replies 0 retweets 6 likes
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      1. Rog‏ @RajarsheeDutta 6 Jun 2018
        • Report Tweet
        Replying to @NickSzabo4 @BlockChannel

        You are so jealous - according to @KyleSamani !

        0 replies 0 retweets 3 likes
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      1. Felipe  ⚡ Foltran‏ @tieteense 6 Jun 2018
        • Report Tweet
        Replying to @NickSzabo4

        If the blocks are to move at 1200x the speed of #BTC blocks and 30x the speed of #ETH blocks, without the requirement of a second layer, being able to vote for the best 21 producers makes a lot of sense to me, but only time will tell. Respect your 10+ years of experience.

        0 replies 0 retweets 4 likes
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      1. NH‏ @NemrHallak 7 Jun 2018
        • Report Tweet
        Replying to @NickSzabo4

        “Boaty Mc Boatface” come to mind? ...anyone?

        0 replies 0 retweets 3 likes
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      2. Bitcoin, Music, Television‏ @TeamSatoshi 6 Jun 2018
        • Report Tweet
        Replying to @NickSzabo4

        The end result is always the same. Efficient at first but not sustainable in the long run. Visa is 97% uptime. Snake oil works until the infection sets in fully.

        1 reply 0 retweets 1 like
      3. Hareem Ul Haque  🇨🇦‏ @hareemca 7 Jun 2018
        • Report Tweet
        Replying to @TeamSatoshi @NickSzabo4

        #Preach

        0 replies 0 retweets 1 like
      4. End of conversation
      1. David DeSantis‏ @PilotDaveCrypto 6 Jun 2018
        • Report Tweet
        Replying to @NickSzabo4

        Sounds like 1998...

        0 replies 0 retweets 2 likes
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      1. Nico‏ @CryptoNTez 6 Jun 2018
        • Report Tweet
        Replying to @NickSzabo4

        pic.twitter.com/isbtx4ZF4d

        0 replies 0 retweets 1 like
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      1. BitcoinTina ☣️- "TINA" (There is no Alternative)‏ @BitcoinTina 6 Jun 2018
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        Replying to @NickSzabo4

        OUCH!

        0 replies 0 retweets 1 like
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      1. tomprieto‏ @tomprietocpa 6 Jun 2018
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        Replying to @NickSzabo4

        no social scalability?

        0 replies 0 retweets 1 like
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