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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. Vlad Zamfir‏ @VladZamfir Jan 26
      • Report Tweet

      Vlad Zamfir Retweeted Hugo Nguyen

      This is bullshit. @NickSzabo4"'s bullshit trust minimization" law means that we have to trust him that fully autonomous software is a good thing. We absolutely do not have a trust minimizing crypto legal system.https://twitter.com/hugohanoi/status/1089175942386176003 …

      Vlad Zamfir added,

      Hugo Nguyen @hugohanoi
      Replying to @hugohanoi @VladZamfir @NickSzabo4
      We don't need Szabo's permission for anything, his work merely proves that removing trust/human decisions from the system socially scales better, with plenty of evidence to back it up.
      23 replies 6 retweets 49 likes
    2. Nick Szabo  🔑‏ @NickSzabo4 Jan 26
      • Report Tweet
      Replying to @VladZamfir

      Calm down your mouth is foaming all over the planet.

      18 replies 22 retweets 318 likes
    3. Matthew Pirkowski‏ @MattPirkowski Jan 26
      • Report Tweet
      Replying to @NickSzabo4 @VladZamfir

      I'm curious what you think about this interpretation concerning the nature of "trustlessness". Excerpted from my recent installment of Crypto Beyond Capitalism, if you're interested in more context: https://medium.com/@matthewpirkowski/this-looks-like-an-example-of-big-o-syndrome-in-which-one-mis-applies-bounding-analytic-logic-to-6ed879e7fd11 …pic.twitter.com/Kn7mp3iJf6

      3 replies 3 retweets 8 likes
      Nick Szabo  🔑‏ @NickSzabo4 Jan 26
      • Report Tweet
      Replying to @MattPirkowski @VladZamfir

      Makes sense ,do local things like trust/deals/dispute resolution at higher layers of protocol. Reminds me of Hayek & of Whitehead "Civilization advances by extending [operations] we can perform without thinking about them." Or worrying about what 3rd parties might do to them.

      1:37 PM - 26 Jan 2019
      • 1 Retweet
      • 20 Likes
      • Thesami deadphoenix Daria Nick Sandomeno SmileyGnome [MP] Eriklintsev Ilya Devon R James
      2 replies 1 retweet 20 likes
        1. New conversation
        2. Matthew Pirkowski‏ @MattPirkowski Jan 26
          • Report Tweet
          Replying to @NickSzabo4 @VladZamfir

          Precisely. Another process / system where we may observe this pattern is within the human brain's anatomy, where one may view the limbic system as a neurological encoding of highly resilient game-theoretic responses to universal problems out of which the adaptive neocortex grew.

          1 reply 1 retweet 6 likes
        3. WilBown‏ @WilBown Jan 26
          • Report Tweet
          Replying to @MattPirkowski @NickSzabo4 @VladZamfir

          I love this and it's so true! But it ties back into @VladZamfir'"s point. If the limbic system was so great, then why did it need to grow the adaptive neocortex? One thing our current autonomous, trustless systems are NOT is adaptive.

          3 replies 0 retweets 2 likes
        4. Matthew Pirkowski‏ @MattPirkowski Jan 26
          • Report Tweet
          Replying to @WilBown @NickSzabo4 @VladZamfir

          Layer 1: Resilient stability assuming a "red of tooth and claw" adaptive landscape. Layer 2: Dramatic expansion of possibility space in which the potential for meta-unstable but immensely valuable cooperative structures may explore the landscape with greater fluidity.

          2 replies 0 retweets 5 likes
        5. Jonas Konstandin‏ @JonasKonstandin Jan 27
          • Report Tweet
          Replying to @MattPirkowski @WilBown and

          The current debate of "crypto-law" exposes the hierarchical structure of the trust-minimizing technology already in place. Bitcoin is the only layer 1 there can be and Ethereum is destined to be layer 2 at most.

          0 replies 0 retweets 3 likes
        6. End of conversation
        1. New conversation
        2. Daniel Rice‏ @thedrbits Jan 26
          • Report Tweet
          Replying to @NickSzabo4 @MattPirkowski @VladZamfir

          There are different failure types for DR and they benefit from being addressed at different layers. Ex: a DR system might use multisig. The governors could be corrupt (higher layer issue) but what if the multisig code is faulty? Protocol code is helpful that can be relied upon.

          1 reply 0 retweets 0 likes
        3. Daniel Rice‏ @thedrbits Jan 26
          • Report Tweet
          Replying to @thedrbits @NickSzabo4 and

          I make this distinction because protocol bugs mean a chain rollback right away without controversy.

          0 replies 0 retweets 0 likes
        4. End of conversation

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