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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. Saifedean Ammous‏ @saifedean Feb 8
      • Report Tweet

      Saifedean Ammous Retweeted grubles

      To use Bitcoin you only need a device that can receive 1-2MB per 10 mins. There are billions of these, & to stop Bitcoin, you'd have to destroy them & the ability to make them, which is no less than the destruction of human civilization, at which point BTC doesn't matter anyway.https://twitter.com/notgrubles/status/1093638218061361153 …

      Saifedean Ammous added,

      grubles @notgrubles
      I just published "Completely Offline #Bitcoin Transactions". 🛰️⚡️📡📻🌐 #BlockstreamSatellite #GoTenna #MeshNetwork https://medium.com/@notgrubles/completely-offline-bitcoin-transactions-4e58324637bd …
      6 replies 69 retweets 300 likes
      Show this thread
    2. Luke Dashjr‏ @LukeDashjr Feb 8
      • Report Tweet
      Replying to @saifedean

      Wrong. You first need to download and process 200 GB of history, growing faster than technology improves...

      14 replies 3 retweets 40 likes
    3. Johnny Honda‏ @johnny_honda_ Feb 8
      • Report Tweet
      Replying to @LukeDashjr @saifedean

      Which technology? Storage? Bandwidth? CPU? something else? or a combination?

      1 reply 0 retweets 1 like
    4. Luke Dashjr‏ @LukeDashjr Feb 8
      • Report Tweet
      Replying to @johnny_honda_ @saifedean

      Current bottlenecks are bandwidth, CPU, and/or I/O speed, depending on where you are and the resources available to you.

      1 reply 0 retweets 9 likes
    5. sir jimbology VII‏ @jimbo_mr Feb 8
      • Report Tweet
      Replying to @LukeDashjr @johnny_honda_ @saifedean

      can’t imagine bandwidth will ever actually be a systemic problem since we can just sneakernet the blocks if necessary which is a huge increase in bandwidth

      1 reply 0 retweets 3 likes
    6. Luke Dashjr‏ @LukeDashjr Feb 8
      • Report Tweet
      Replying to @jimbo_mr @johnny_honda_ @saifedean

      If people won't even wait a week or whatever for a sync, you think they're going to go to the effort to sneakernet???

      4 replies 1 retweet 8 likes
      Nick Szabo  🔑‏ @NickSzabo4 Feb 8
      • Report Tweet
      Replying to @LukeDashjr @jimbo_mr and

      At this point syncing might work faster via sneakernet.

      12:05 PM - 8 Feb 2019
      • 1 Retweet
      • 6 Likes
      • Riding Unicorns to the Moon zender 🛡 Saifedean Ammous Capt. Blackheart, Blockstream Space Privateer DeaditeBabel sniff_sniff
      2 replies 1 retweet 6 likes
        1. New conversation
        1. Luke Dashjr‏ @LukeDashjr Feb 8
          • Report Tweet
          Replying to @NickSzabo4 @jimbo_mr and

          Not likely, since the CPU bottleneck is right there next to bandwidth.

          3 replies 0 retweets 5 likes
        2. 1 more reply
        1. sniff_sniff‏ @insotruth Feb 8
          • Report Tweet
          Replying to @NickSzabo4 @LukeDashjr and

          Certainly not discounting the possibility of a values shift in regards to privacy. Especially the youth. Sneakernet suffers from a name with too many syllables though

          0 replies 0 retweets 0 likes
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