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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 10 Oct 2018
    • Report Tweet

    Nick Szabo  🔑 Retweeted keysheet

    Great thread summarizing many of my thoughts on social scalability and cryptocurrencies.https://twitter.com/keysheet/status/1050013194138394625 …

    Nick Szabo  🔑 added,

    keysheet @keysheet
    Both @Ripple and @EOS_io are "socially unscalable" according to @NickSzabo4. Here's what social scalability means and why it's so important to @NickSzabo4 👇
    Show this thread
    6:29 AM - 10 Oct 2018
    • 90 Retweets
    • 231 Likes
    • Kasia Kaczmarczyk Hsin Chao fcoin Flex Одинцова Ytrade Esen Esener, LL.M, LL.M __ soy boy The Bitcoin Cat Harley Davidson
    6 replies 90 retweets 231 likes
      1. New conversation
      2. Matthew Pirkowski‏ @MattPirkowski 10 Oct 2018
        • Report Tweet
        Replying to @NickSzabo4

        I'd argue that we're not pursuing trust "minimization", per se, but rather trust "sublimation" or "dislocation". The trust doesn't disappear. It's transferred from systems with greater risk of defection across time (under-constrained humans) to those with less defection risk.

        2 replies 1 retweet 4 likes
      3. Matthew Pirkowski‏ @MattPirkowski 10 Oct 2018
        • Report Tweet
        Replying to @MattPirkowski @NickSzabo4

        Thus, when the defection risk can be sublimated into an external system with predictable behavior, we open up *more* space for interpersonal trust atop this sublimated layer. This *increases* overall trust, in the same way that a chess master sublimates prior conscious actions.

        1 reply 0 retweets 1 like
      4. Matthew Pirkowski‏ @MattPirkowski 10 Oct 2018
        • Report Tweet
        Replying to @MattPirkowski @NickSzabo4

        ...to open up space for conscious action at a higher plateau of game play. That is what technologies such at #Bitcoin represent: behavioral portals to higher plateaus of trust-mediated social gameplay.

        0 replies 0 retweets 1 like
      5. End of conversation
      1. New conversation
      2. David Strayhorn‏ @davidstrayhorn 10 Oct 2018
        • Report Tweet
        Replying to @NickSzabo4

        I envision a well functioning web of trust based pseudonymous reputation system as a way to increase Dunbar’s number beyond 150; to scale it up progressively, without limit. A different approach to social scalability (distinct from bitcoin’s approach)

        1 reply 0 retweets 1 like
      3. 1 more reply
      1. New conversation
      2. cryptoskillz‏ @crypto_skillz 10 Oct 2018
        • Report Tweet
        Replying to @NickSzabo4

        did you just declare your thoughts as great?

        1 reply 0 retweets 1 like
      3. 1 more reply
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