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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. Gavin Andresen‏ @gavinandresen 26 Aug 2015
      • Report Tweet
      Replying to @adam3us

      @adam3us I think 2MB is absurdly small. Where do you get that number from, or does it just "feel right"? Average web page size is 2MB...

      24 replies 25 retweets 63 likes
    2. Nick Szabo  🔑‏ @NickSzabo4 26 Aug 2015
      • Report Tweet
      Replying to @gavinandresen

      @gavinandresen @adam3us If you want to store your money on the web use Mt. Gox.

      9 replies 35 retweets 78 likes
    3. Charles Evans‏ @Pecuniology 27 Aug 2015
      • Report Tweet
      Replying to @NickSzabo4

      @NickSzabo4 @gavinandresen @adam3us MtGox, eh? Well, then. There's no arguing with logic like that.

      1 reply 0 retweets 1 like
    4. Adam Back‏ @adam3us 27 Aug 2015
      • Report Tweet
      Replying to @Pecuniology

      .@Pecuniology it's @NickSzabo4 so that's a concise pithy meta comment. translation: centralisation failure befell ALL previous ecash systems

      2 replies 7 retweets 16 likes
    5. Adam Back‏ @adam3us 27 Aug 2015
      • Report Tweet
      Replying to @adam3us

      .@Pecuniology and @NickSzabo4 along with big majority of bitcoin experts concerned to not see @gavinandresen repeat that mistake wit Bitcoin

      2 replies 4 retweets 11 likes
    6. Adam Back‏ @adam3us 27 Aug 2015
      • Report Tweet
      Replying to @adam3us

      .@NickSzabo4 @gavinandresen all of these 3 systems failed or degraded to bank-like behaviour #digicash #egold #paypal due to centralisation

      6 replies 53 retweets 54 likes
    7. Bill Barhydt‏ @billbarhydt 27 Aug 2015
      • Report Tweet
      Replying to @adam3us

      @adam3us @NickSzabo4 @gavinandresen my question is why is 2mb better than 8mb right now? Seems arbitrary. Why not 1.66667 or 6.73?

      4 replies 0 retweets 0 likes
    8. Nick Szabo  🔑‏ @NickSzabo4 27 Aug 2015
      • Report Tweet
      Replying to @billbarhydt

      @billbarhydt @adam3us @gavinandresen Can't prove security -> $4b system must rely heavily on experience & stay near field-tested parameters.

      3 replies 7 retweets 12 likes
    9. Bill Barhydt‏ @billbarhydt 27 Aug 2015
      • Report Tweet
      Replying to @NickSzabo4

      @NickSzabo4 @adam3us @gavinandresen agreed, might sound dumb but maybe incrementing by few kb per week is better then single big jump??

      1 reply 1 retweet 2 likes
    10. Gavin Andresen‏ @gavinandresen 27 Aug 2015
      • Report Tweet
      Replying to @billbarhydt

      @billbarhydt BIP101 increases the limit a few bytes every block, no big increases

      5 replies 1 retweet 5 likes
      Nick Szabo  🔑‏ @NickSzabo4 27 Aug 2015
      • Report Tweet
      Replying to @gavinandresen

      @gavinandresen @billbarhydt BIP101 never stays in one place long enough to explore whether it's safe there: just keeps piling on risk.

      6:01 PM - 27 Aug 2015
      • 11 Retweets
      • 15 Likes
      • Justin Camarena Chris Ellis jared Mike Digiconomist SatoshiChrist Russ Harben Bingo Boingo CashCardCrypto
      4 replies 11 retweets 15 likes
        1. ₿ Goss, MD LNP/BP  🔑  📡  🔫 🥆‏ @_drgo 27 Aug 2015
          • Report Tweet
          Replying to @NickSzabo4

          .@NickSzabo4 @gavinandresen Ɐ ε>0 ∃ ẟ>0 st risk(blocksize+ẟ, time_at_blocksize-ẟ)<ε. Finding ẟ & ε will be ½ art, ½ science; risk fn unknown

          0 replies 1 retweet 2 likes
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        1. Martijn Meijering‏ @mmeijeri 28 Aug 2015
          • Report Tweet
          Replying to @NickSzabo4

          @NickSzabo4 How would you feel about indefinite *linear* growth?

          0 replies 0 retweets 1 like
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        1. DJ Chan  ⚡️ 🔑 ⚡️‏ @digitsu 27 Aug 2015
          • Report Tweet
          Replying to @NickSzabo4

          @NickSzabo4 @gavinandresen @billbarhydt It's the only way you can boil a frog ;)

          0 replies 0 retweets 0 likes
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        1. Dan Plante‏ @Daniel_Plante 27 Aug 2015
          • Report Tweet
          Replying to @NickSzabo4

          @NickSzabo4 @gavinandresen @billbarhydt Agree Nick. Complex Systems like #Bitcoin self-stabilize with time constants of minutes/days/months.

          0 replies 0 retweets 0 likes
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