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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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    1. Daniel "not giving away GoldmanTokens" Goldman‏ @DZack23 24 Oct 2018
      • Report Tweet
      Replying to @DZack23 @NickSzabo4 and

      But that still leaves open the question of what criteria the community should use to even begin considering such a fork. Even what you just said there is more of a concession than what most immutabalists are willing to give (see this thread, for example)

      1 reply 0 retweets 0 likes
    2. Daniel "not giving away GoldmanTokens" Goldman‏ @DZack23 24 Oct 2018
      • Report Tweet
      Replying to @DZack23 @NickSzabo4 and

      If we all (subconsciously?) assume that situations that merit forking is a "we'll all know it and agree that's it's bad enough when we see it" sort of situation, I suspect we're in for a rude awakening when push comes to shove.

      3 replies 0 retweets 1 like
    3. Nick Szabo  🔑‏ @NickSzabo4 24 Oct 2018
      • Report Tweet
      Replying to @DZack23 @TokenHash and

      That's the worst sort of utterly ambiguous wet law -- the ultimate kind of "rule of man" instead of rule of law. Why are you trying to make an ideal out of the worst of the worst?

      1 reply 0 retweets 1 like
    4. Daniel "not giving away GoldmanTokens" Goldman‏ @DZack23 24 Oct 2018
      • Report Tweet
      Replying to @NickSzabo4 @TokenHash and

      It is ambiguous & wet , but on some base-line level it's going to be unavoidable, no? Blockchains can minimize social/ wet interference & make doing so "expensive", but (I think we agree) this "interference" will occasionally be necessary

      2 replies 0 retweets 1 like
    5. Nick Szabo  🔑‏ @NickSzabo4 24 Oct 2018
      • Report Tweet
      Replying to @DZack23 @TokenHash and

      No, it's very avoidable. Take a look at how by far the most successful blockchain, Bitcoin, is governed. Its success comes from its ruthlessly minimized argument surface. Ruthlessly enforced scope avoids your pernicious result.

      1 reply 1 retweet 17 likes
    6. Daniel "not giving away GoldmanTokens" Goldman‏ @DZack23 24 Oct 2018
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      Replying to @NickSzabo4 @TokenHash and

      Enforced scope avoids the result in "form," but not "content." Content policy can't be enforced given the nature of pseudo- anonymity. This is sort of thing I think is basically inevitable — Bitcoin (or any other chain) hasn't really been tested in this way yet.

      1 reply 0 retweets 1 like
    7. Daniel "not giving away GoldmanTokens" Goldman‏ @DZack23 24 Oct 2018
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      Replying to @DZack23 @NickSzabo4 and

      ... what I have in mind is very high profile, very malicious parties getting their hands on Bitcoin (via valid transactions) and doing very high profile, malicious things with it.

      1 reply 0 retweets 1 like
    8. Nick Szabo  🔑‏ @NickSzabo4 24 Oct 2018
      • Report Tweet
      Replying to @DZack23 @TokenHash and

      But now you are talking about end user behavior, not the coding and ratification (upgrade) process. Completely different things.

      1 reply 0 retweets 0 likes
    9. Daniel "not giving away GoldmanTokens" Goldman‏ @DZack23 24 Oct 2018
      • Report Tweet
      Replying to @NickSzabo4 @TokenHash and

      But the ratification process can say, reverse a transaction (if we loop hardforks under the ratification-process umbrella)

      2 replies 0 retweets 1 like
    10. Daniel "not giving away GoldmanTokens" Goldman‏ @DZack23 24 Oct 2018
      • Report Tweet
      Replying to @DZack23 @NickSzabo4 and

      The world has seen that this is a possibility, so we can't quite shrug our shoulders and claim immutability. (Yes, the big example we saw was with Eth, but it's certainly a *possibility* with Bitcoin as well)

      2 replies 0 retweets 2 likes
      Nick Szabo  🔑‏ @NickSzabo4 24 Oct 2018
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      Replying to @DZack23 @TokenHash and

      It's all a matter of trust minimization. Less vulnerability is almost always better, but there is no such thing as perfect trustlessness. IBitcoin has moved us far closer to that not perfectly achievable idea, and that's an astronomical improvement in finance.

      1:29 PM - 24 Oct 2018
      • 1 Retweet
      • 3 Likes
      • Ruminative Orangutan a.s. (--oppose-dao-fork‏) Daniel "not giving away GoldmanTokens" Goldman
      2 replies 1 retweet 3 likes
        1. New conversation
        2. Daniel "not giving away GoldmanTokens" Goldman‏ @DZack23 24 Oct 2018
          • Report Tweet
          Replying to @NickSzabo4 @TokenHash and

          On this we agree

          1 reply 0 retweets 1 like
        3. Daniel "not giving away GoldmanTokens" Goldman‏ @DZack23 24 Oct 2018
          • Report Tweet
          Replying to @DZack23 @NickSzabo4 and

          I suppose take what I'm saying as a plea to the community to be more explicit/honest/anticipatory about the edge cases, and think about how potentially threatening those edge cases could be. I myself don't have any clear conclusion (yet!)

          2 replies 1 retweet 2 likes
        4. Daniel "not giving away GoldmanTokens" Goldman‏ @DZack23 24 Oct 2018
          • Report Tweet
          Replying to @DZack23 @NickSzabo4 and

          (In any case, let it be said that I do admire your work — thanks for engaging)

          0 replies 0 retweets 1 like
        5. End of conversation
        1. CleanApp‏ @CleanApp 24 Oct 2018
          • Report Tweet
          Replying to @NickSzabo4 @DZack23 and

          Not, it's not a matter "trust minimization," but a matter of choosing the best methodology (of many) for pursuing trust minimization / risk minimization. Just like "utility maximization" in the abstract is meaningless, so is "trust minimization" -- which takes us back to method.

          0 replies 0 retweets 1 like
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