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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. Bitseed‏ @BitseedOrg 8 Apr 2017
      • Report Tweet
      Replying to @Superbell99 @Xentagz

      It's possible but won't matter unless your node is a major economic node. Bitcoin is designed to be sybil-resistant.

      5 replies 2 retweets 4 likes
    2. Chris Ellis‏ @MrChrisEllis 8 Apr 2017
      • Report Tweet
      Replying to @BitseedOrg @Superbell99 @Xentagz

      What do you mean by major economic node? Like you have to be shifting some serious bitcoin on the network?

      2 replies 0 retweets 3 likes
    3. Shadow Puppet‏ @shibuyashadows 8 Apr 2017
      • Report Tweet
      Replying to @MrChrisEllis @BitseedOrg and

      Shifting serious Bitcoin

      1 reply 0 retweets 2 likes
    4. Bitseed‏ @BitseedOrg 9 Apr 2017
      • Report Tweet
      Replying to @shibuyashadows @MrChrisEllis and

      What Ben said. Miners don't care if your hobbyist full node is signaling UASF. http://Blockchain.info  or BitPay would get their attention.

      1 reply 1 retweet 1 like
    5. Chris Ellis‏ @MrChrisEllis 9 Apr 2017
      • Report Tweet
      Replying to @BitseedOrg @shibuyashadows and

      I heard an argument on @whalepool that if Blockchain Bitpay etc see lots of hobbyists upgrading they will upgrade in turn.

      1 reply 4 retweets 4 likes
    6. Chris Ellis‏ @MrChrisEllis 9 Apr 2017
      • Report Tweet
      Replying to @MrChrisEllis @BitseedOrg and

      It becomes like a pseudo-referendum and you get a "headline number" used in media to push agenda.

      1 reply 0 retweets 0 likes
    7. Bitseed‏ @BitseedOrg 9 Apr 2017
      • Report Tweet
      Replying to @MrChrisEllis @shibuyashadows and

      That is too easily gamed by Sybil attacks. More likely, they will be responsive to known/proven customers and their own internal analyses.

      3 replies 2 retweets 0 likes
    8. Jack BIP148*UASF‏ @DRealJackSeger 10 Apr 2017
      • Report Tweet
      Replying to @BitseedOrg @MrChrisEllis and

      @AnselLindner what do you make of this exchange. It makes me think UASF might not work.

      1 reply 0 retweets 1 like
    9. Shadow Puppet‏ @shibuyashadows 10 Apr 2017
      • Report Tweet
      Replying to @DRealJackSeger @BitseedOrg and

      This is correct, UASF is really an economy activated soft-fork. Large majority of exchanges and wallets would have to publicly support.

      3 replies 0 retweets 1 like
    10. bitcoiner‏ @AnselLindner 10 Apr 2017
      • Report Tweet
      Replying to @shibuyashadows @DRealJackSeger and

      A UASF cannot be successful if only a few economic nodes participate. Of course your node matters. The key is to "eclipse" non-148 nodes.

      2 replies 2 retweets 6 likes
      Nick Szabo  🔑‏ @NickSzabo4 10 Apr 2017
      • Report Tweet
      Replying to @AnselLindner @shibuyashadows and

      And even more important, to not get eclipsed. Full nodes are more secure when they make more and more diverse connections.

      12:59 PM - 10 Apr 2017
      • 1 Retweet
      • 5 Likes
      • Dennis Parker⚡️[Jan/3🔑] Tuur Demeester Bitseed WeAreSatϕshi bitcoiner Patrick [🎃Freedom Is Scary👻]
      1 reply 1 retweet 5 likes
        1. bitcoiner‏ @AnselLindner 10 Apr 2017
          • Report Tweet
          Replying to @NickSzabo4 @shibuyashadows and

          Agreed, miners have a simple and profitable way to be whitelisted out of the eclipse.

          0 replies 0 retweets 2 likes
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