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hugohanoi's profile
Hugo Nguyen
Hugo Nguyen
Hugo Nguyen
@hugohanoi

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Hugo Nguyen

@hugohanoi

I chain, therefore I am ⛓️

Joined April 2012

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    1. Hugo Nguyen‏ @hugohanoi Sep 14
      Replying to @aparnalocked

      I didn't say all PoS protocols favor liveness. Referring to your passage: > given the above tradeoff, a blockchain consensus protocol should favor a randomness source that always produces some output rather than a randomness source that favors producing only a tamper free output

      2 replies 0 retweets 1 like
    2. Hugo Nguyen‏ @hugohanoi Sep 14
      Replying to @hugohanoi @aparnalocked

      I know Tendermint favors safety over liveness, which is applaudable. But it has its own problem. Its strategy is to fall back on social consensus. In any case, the safety vs liveness tradeoff is a fundamental problem to PoS that doesn't exist for PoW. Most solutions are hacks.

      2 replies 0 retweets 0 likes
    3. Aparna Krishnan‏ @aparnalocked Sep 14
      Replying to @hugohanoi

      yes because PoW family currently doesn't provide absolute finality. It doesn't have the problem because it doesn't even provide that property.

      1 reply 0 retweets 0 likes
    4. Hugo Nguyen‏ @hugohanoi Sep 14
      Replying to @aparnalocked

      Hugo Nguyen Retweeted Hugo Nguyen

      "finality" is a PoS invention & a total illusion. Just because someone terms something "final" doesn't mean it's actually "final" ;-)https://twitter.com/hugohanoi/status/953346280134029312 …

      Hugo Nguyen added,

      Hugo Nguyen @hugohanoi
      2/ PoS: subjective interpretation of immutability. The source of truth is someone saying this ledger is real & final. All things that require subjectivity can potentially be subverted. https://twitter.com/hugohanoi/status/952714149582159873 …
      Show this thread
      1 reply 0 retweets 1 like
    5. Aparna Krishnan‏ @aparnalocked Sep 14
      Replying to @hugohanoi

      Aparna Krishnan Retweeted Ari Paul

      the concept of finalization has existed in distributed systems for a long time. The terminology may be more recent but not the concept. For a deeper understanding of finality in PoS vs PoW look at thishttps://twitter.com/AriDavidPaul/status/1035337279219347456 …

      Aparna Krishnan added,

      Ari PaulVerified account @AriDavidPaul
      Good article on finality: https://medium.com/mechanism-labs/finality-in-blockchain-consensus-d1f83c120a9a …
      Show this thread
      1 reply 1 retweet 0 likes
    6. CryptoMoon‏ @crypt0moon Sep 14
      Replying to @aparnalocked @hugohanoi

      CryptoMoon Retweeted Eric Wall

      https://twitter.com/ercwl/status/1035342598926487552?s=19 …

      CryptoMoon added,

      Eric Wall @ercwl
      Replying to @AriDavidPaul
      Technically, all forms of finality are probabilistic, since the base-layer for all blockchains is social consensus. The DAO hacker wouldn't have had more finality with Casper over PoW. As such, Bitcoin's probabilistic finality is more "final" than all altcoin consensus variants.
      1 reply 0 retweets 1 like
    7. Aparna Krishnan‏ @aparnalocked Sep 14
      Replying to @crypt0moon @hugohanoi

      Aparna Krishnan Retweeted Ari Paul

      I'm not going to have a debate that has been had plenty of times before haha. https://twitter.com/AriDavidPaul/status/1035585570846715906 … is a wonderful thread to explain the subtle differences.

      Aparna Krishnan added,

      Ari PaulVerified account @AriDavidPaul
      This article seems to have touched a nerve on its use of the term "probabilistic finality." I don't really care about the marketing, and I didn't interpret this as a criticism of PoW or Bitcoin generally. Here's how I think about probability and consensus mechanisms generally: https://twitter.com/AriDavidPaul/status/1035337279219347456 …
      Show this thread
      1 reply 0 retweets 1 like
    8. Hugo Nguyen‏ @hugohanoi Sep 14
      Replying to @aparnalocked @crypt0moon

      haha we’re citing Ari for distributed system expertise now? no offense but Ari doesn’t know what he’s talking about 😜 “endogenous non-probabilistic finality”? Really? Again, there’s nothing “absolute” about PoS absolute finality.

      2 replies 0 retweets 2 likes
    9. Hugo Nguyen‏ @hugohanoi Sep 14
      Replying to @hugohanoi @aparnalocked @crypt0moon

      PoS “finality” is 100% revertible under scenarios such as long range attacks, private key attacks or network partitions. Just be a PoS node, go offline for a year & see how you will tell among many chains, which chain is “final” chain.

      1 reply 0 retweets 0 likes
    10. Aparna Krishnan‏ @aparnalocked Sep 14
      Replying to @hugohanoi @crypt0moon

      PoS alone never provided finality, PBFT did. Anyway, I think we can agree to disagree on what we mean by final. This is becoming a less theoretical more ideological debate.

      1 reply 0 retweets 0 likes
      Hugo Nguyen‏ @hugohanoi Sep 14
      Replying to @aparnalocked @crypt0moon

      PBFT has been around for decades and their usage in PoS offers absolutely nothing new in terms of distributed consensus. It's literally reinventing the wheel. Yup, agree to disagree.

      7:30 PM - 14 Sep 2018
      1 reply 0 retweets 0 likes
        1. New conversation
        2. Aparna Krishnan‏ @aparnalocked Sep 14
          Replying to @hugohanoi @crypt0moon

          your perspective on the practical attacks are definitely very interesting. Would love your thoughts on future blog posts :)

          1 reply 0 retweets 1 like
        3. Hugo Nguyen‏ @hugohanoi Sep 14
          Replying to @aparnalocked @crypt0moon

          of cos, feel free to DM me 🙂

          0 replies 0 retweets 0 likes
        4. End of conversation

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