I didn't realize you maintained a ranking of cryptocurrency builders. Maybe you could save the world some time and publish your ranking so we can all know who the top people are without having to actually talk to people and find out what they have to say.
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Replying to @cmuratori
Touché. No offence intended. I was merely trying to point out that there are stronger participants that you could be talking to. The rankings are public. The evidence is in what they've built and written.
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Replying to @n00buntu
So far I have not seen any cryptocurrency systems I consider to be good, so if I was to take that "evidence", then my conclusion would be that there is no one worth talking to at all.
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Replying to @cmuratori
That's fair, but it's also a bias. The question then is: what if your assessments based on what you consider "good" are wrong? You taught us that engineering is all about tradeoffs. Is the market wrong? Also, what if you are right? What should we prioritise as we build?
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Replying to @n00buntu
You are arguing my point for me. The goal of these interviews is to gain perspective. That is why I _didn't_ create a ranking like you suggested, to avoid bias in the first pass.
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Replying to @cmuratori
Would you allow me to give examples of why you need better interlocutors? 1) You mentioned the problem of irreversible transactions and were given a strange answer about a hypothetical protocol yet hash-time-locked-contracts already exist in Bitcoin:https://docs.lightning.engineering/the-lightning-network/multihop-payments/hash-time-lock-contract-htlc …
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Replying to @n00buntu
That is incorrect. Hash-time-locked contracts are not reversible, they are time locked. When the time has expired, they can no longer be reversed. Because court proceedings take _years_ to complete, they are not a solution to this problem.
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Replying to @cmuratori
HTLCs make reversing transactions unnecessary. You can only claim the money if I reveal the secret to you. I can withhold the secret and the money will return to me after 2016 (or some arbitrary number of) blocks.
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Replying to @n00buntu
That literally makes no sense. I can't confidently spend the money if it's time-locked. A typical corporate lawsuit in the US might take 5 years. Are you suggesting that all transactions will be held for 5 years via HTLCs? The transactions would be useless with that much latency.
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Replying to @cmuratori
Then I'm confused. A lawsuit has parties agree to pay and receive damages, enforced by a third party. That's strictly different from a refundable transaction, which is what I assumed you wanted. I misunderstood. My mistake.
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Again, the same point as before: the point is, will you still need the government, and if so, will they still be able to exert the same control as now? And as with the previous case, it's exactly the same answer: yes, you still need them.
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