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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 14 Jun 2018
    • Report Tweet

    Nick Szabo  🔑 Retweeted Nick Szabo  🔑

    Crypto has algorithmic validation instead of metal assays. Its governance properly inherits from open source governance. But it still has big problems convincing outsiders of the integrity of software and procedures. Much might be learned about such comms from the old governance.https://twitter.com/NickSzabo4/status/1007341384129339393 …

    Nick Szabo  🔑 added,

    Nick Szabo  🔑 @NickSzabo4
    Successful governance for issuing unforgeably costly tokens: elaborate audit & ceremony helps ensure & communicates to outsiders that a mere local cultural form (coin) accurately labels & embodies an internationally desired, unforgeably costly substance. https://unenumerated.blogspot.com/2017/03/collecting-metal-inner-and-outer-worlds.html … https://twitter.com/festina_lente_2/status/1006703917067976704 …
    12:41 PM - 14 Jun 2018
    • 50 Retweets
    • 181 Likes
    • zaff PAUL⚡️ [🔑] Miklos Denkler Rafael Cabral Mitch Weitzman THR Kalish Jantzen Lanette Bednar ᅠ ☀️💧Leon-Gerard Vandenberg 🇨🇦🇦🇺
    8 replies 50 retweets 181 likes
      1. New conversation
      2. Donald McIntyre  ☣️ 🗑️‏ @TokenHash 14 Jun 2018
        • Report Tweet
        Replying to @NickSzabo4

        Perhaps, the initial obstacle may be a lack of recognition of the underlying unforgeably costly substance in the case of public blockchains. Pseudo-blockchains w/ their deceiving messaging of PoW's "lack of finality" and "probabilistic finality" may be slowing said recognition.

        1 reply 0 retweets 2 likes
      3. Donald McIntyre  ☣️ 🗑️‏ @TokenHash 14 Jun 2018
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        Replying to @TokenHash @NickSzabo4

        However, I do agree that convincing outsiders of the integrity of software and procedures is still a work in progress. Perhaps, just being patient and proving immutability and unforgeable costliness in the long term will be the solution!

        0 replies 0 retweets 2 likes
      4. End of conversation
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      2. ꙮvchinnikov‏ @ovchinnikov 14 Jun 2018
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        Replying to @NickSzabo4

        How can we get better at crypto governance?

        1 reply 0 retweets 0 likes
      3. Nik  🔑‏ @al1enz 14 Jun 2018
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        Replying to @ovchinnikov @NickSzabo4

        we must use it like we used to our tooth brush

        0 replies 0 retweets 0 likes
      4. End of conversation
      1. Crypt0cracy‏ @Crypt0cracy 14 Jun 2018
        • Report Tweet
        Replying to @NickSzabo4

        Nick what do you think of corporate led on going bitcorn development by Bitcoin Core and Lightning Labs? Let us promote deflationary by design get rick quick and dump on greater fools who believe the fake decentralization sales pitch ponzi?

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      1. Zen Crypto 🧘🏻‍♂️‏ @ZenCrypto17 15 Jun 2018
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        Replying to @NickSzabo4

        Mr Szabo I know you are agains Segwit2x but how do you propose we move forward with the Bitcoin scaling problem which needs to be solved fast as users are growing. We need segwit to fix transaction malleability in order to make LN more secure right? Or do you have something else?

        0 replies 0 retweets 0 likes
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