@NickSzabo4 You designed @bitgoldinc ?
Consensus can't scale securely, so I designed bit gold with 2 tiers: hi-security/value settlement + hi-performance/low-value retail pmts.
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@ArtMatters2me @bitgoldinc No relation. I designed bit gold in 1998, before the @bitgoldinc people were even born. -
@NickSzabo4 @bitgoldinc From that perceptive, do you have an opinion on Bitgold? -
@ArtMatters2me @bitgoldinc It's a completely different thing. -
@NickSzabo4 @bitgoldinc Do you like it? -
@ArtMatters2me @bitgoldinc I have no interest in it, except their idiotic "recycling" of my name to describe something completely different. -
@NickSzabo4 @bitgoldinc Fair enough. They did change their name to#goldmoney, so that probably discrepancy won't be around much longer :)
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@JustusRanvier
@NickSzabo4 Bit gold was never implemented, it was a concept. Satoshi might have been strongly influenced by bit gold. - 1 more reply
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@NickSzabo4 i missed info about the second tier. Could you share a link?Thanks. Twitter will use this to make your timeline better. UndoUndo
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@JustusRanvier
@NickSzabo4 yes, it turned out people wanted high security low performance payments for their cups of coffee - 1 more reply
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@NickSzabo4 Why do you think it can't? If every Bitcoin user could still mine on their own and (1 cpu/ 1 vote) things would look different. -
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@NickSzabo4 Maybe Ethereum get it better?Thanks. Twitter will use this to make your timeline better. UndoUndo
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@NickSzabo4 dynamic scaling FTWThanks. Twitter will use this to make your timeline better. UndoUndo
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