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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. Jameson Lopp‏Verified account @lopp Feb 7
      • Report Tweet

      The year is 2024. MTGOX creditors' hope of regaining their BTC was dashed after Coinlab won 10X their value in court. Creditors are instead issued GOX, an asset on the EOS network w/ a market cap of -$15B LTC support is projected to be added in Two Weeks™https://www.ccn.com/revealed-a-bitcoin-billionaires-shocking-plan-to-revive-mt-gox-cryptos-most-notorious-exchange …

      18 replies 40 retweets 160 likes
    2. Nick Szabo  🔑‏ @NickSzabo4 Feb 7
      • Report Tweet
      Replying to @lopp

      Great then they can forget about the courts and take back their money via an EOS adjudication. Aren't trusted third parties grand?

      6 replies 3 retweets 50 likes
    3. Nick Szabo  🔑‏ @NickSzabo4 Feb 7
      • Report Tweet
      Replying to @Ragnarly @lopp

      The interesting thing here is that you can move the wealth to a centrally reversible platform like EOS and pretend that you're just transferring the money tlo a neutral vault, when actually it de facto deprives one court of jurisdiction and gives jurisdiction to EOS.

      2 replies 7 retweets 36 likes
    4. Patrick Lowry‏ @IconicPatrick Feb 7
      • Report Tweet
      Replying to @NickSzabo4 @Ragnarly @lopp

      One could call that... “piercing the decentralized veil”

      1 reply 0 retweets 2 likes
    5. Nick Szabo  🔑‏ @NickSzabo4 Feb 7
      • Report Tweet
      Replying to @IconicPatrick @Ragnarly @lopp

      Nope, it's taking advantage of EOS's centralized adjudication. Piercing a pseudo-decentralized veil.

      1 reply 0 retweets 1 like
    6. Patrick Lowry‏ @IconicPatrick Feb 7
      • Report Tweet
      Replying to @NickSzabo4 @Ragnarly @lopp

      “Pseudo” is a fancy way to say “fake”. Granted, I am an EOS supporter and there are some use cases for such protocols that aren’t inherently decentralized

      1 reply 0 retweets 0 likes
    7. Nick Szabo  🔑‏ @NickSzabo4 Feb 7
      • Report Tweet
      Replying to @IconicPatrick @Ragnarly @lopp

      Its adjudication and transaction reversal procedures are centralized, and that is what is relevant here.

      4 replies 0 retweets 1 like
    8. Rob Finch‏ @finchify Feb 7
      • Report Tweet
      Replying to @NickSzabo4 @Ragnarly @lopp

      There has never been a single transaction reversed on #EOS. You are spreading misinformation.

      1 reply 0 retweets 26 likes
    9. Investing With a Difference‏ @crypto_iwad Feb 7
      • Report Tweet
      Replying to @finchify @NickSzabo4 and

      👆This is true, @NickSzabo4 There has been considerable amount of misinformation in blockchain world. EOS needs to be understood better and being one of the avid follower of your work, we highly recommend you to spend more time on real information as compared to FUD headlines.

      3 replies 0 retweets 25 likes
      Nick Szabo  🔑‏ @NickSzabo4 Feb 8
      • Report Tweet
      Replying to @crypto_iwad @finchify and

      So why don't you explain how the results of adjudication are enforced to us instead of calling names. pickkng nits, and misleading my readers?

      10:03 AM - 8 Feb 2019
      • 3 Likes
      • Riding Unicorns to the Moon Harshit Gupta Al Green
      0 replies 0 retweets 3 likes

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