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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 Jan 12

      1/ Here’s why I think Ethereum & Proof-of-Stake are bad ideas.

      203 replies 696 retweets 1,946 likes
      Show this thread
    2. ʰ‏ @haseebinc Jan 13
      Replying to @hugohanoi

      @VladZamfir @VitalikButerin care to share your thoughts?

      3 replies 0 retweets 12 likes
    3. Vlad Zamfir‏ @VladZamfir Jan 13
      Replying to @haseebinc @hugohanoi @VitalikButerin

      ignorant straw-man nonsense, as usual but it's okay :)

      12 replies 10 retweets 266 likes
    4. actually a person‏ @aktyelman Jan 13
      Replying to @VladZamfir @haseebinc and

      You could apply his reasoning to any upgrade; 'Cars can not be better than horses because you can't just suddenly have more result with less work. It just is physically impossible.'

      3 replies 2 retweets 93 likes
      Hugo Nguyen‏ @hugohanoi Jan 13
      Replying to @aktyelman @VladZamfir and

      That’s different because in the horses vs. cars case there are exploitable inefficiencies, whereas every hash in PoW goes to secure the ledger. One hash mined == one hash harder to revert. One joule of horse energy != 100% kinetic energy.

      10:27 AM - 13 Jan 2018
      • 1 Retweet
      • 30 Likes
      • FreeFutureTom Jorge Steffen Yider 0.17.0 is full of snacks Gussyboi BTCbuddah Michael Culhane Pakster dotglum
      8 replies 1 retweet 30 likes
        1. New conversation
        2. Zing‏ @_rmillz_ Jan 13
          Replying to @hugohanoi @aktyelman and

          Point is that there *are* obvious exploitable inefficiencies in PoW. This argument should be on basis of the game theory.

          1 reply 1 retweet 26 likes
        3. Hugo Nguyen‏ @hugohanoi Jan 13
          Replying to @_rmillz_ @aktyelman and

          Hugo Nguyen Retweeted Hugo Nguyen

          https://twitter.com/hugohanoi/status/952289179387310080 …

          Hugo Nguyen added,

          Hugo Nguyen @hugohanoi
          Replying to @david_koops @TuurDemeester
          Like I said, the mining hardware can be inefficient, and there’s room for improvement there (faster, generate less heat etc.). But the hashing operations themselves are 100% efficient for the purpose of protecting the ledger from being rewritten. One hash in, one hash out.
          1 reply 1 retweet 10 likes
        4. 1 more reply
        1. StabbarN‏ @StabbarN Jan 13
          Replying to @hugohanoi @aktyelman and

          Is really all energy burned important when mining is centralized? We burn for the sake of decentralization. I argue that if too centralized then PoW has 'exploitable inefficiency'. PoS can audit the blocks created by PoW in order to improve decentralization #decred $dcr

          0 replies 0 retweets 1 like
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        1. rcrsv‏ @rcrsv Jan 13
          Replying to @hugohanoi @aktyelman and

          On average, the bubble sort algorithm takes a trillion operations to sort a million integers. The quicksort algorithm gives identical results in 20 million operations. That makes quicksort is 50,000 times more efficient, yet no laws of physics have been violated.

          0 replies 0 retweets 1 like
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        1. Narciso Chavez‏ @SavagezChavez Jan 15
          Replying to @hugohanoi @aktyelman and

          well why not have PoS == one hash harder to revert, I believer PoS forms are more efficient and ecofriendly

          0 replies 0 retweets 0 likes
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        1. Utepils 🌞 🍺‏ @MelomannUtepils Jan 14
          Replying to @hugohanoi @aktyelman and

          Sorry but the perpetuum mobile analogy is worthless. Please use real arguments.

          0 replies 0 retweets 0 likes
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        1. CryptoFighters‏ @CryptoFighters Jan 13
          Replying to @hugohanoi @aktyelman and

          These things are completely different. Trying to jump from the laws of physics to probing PoS doesn't work doesn't make sense. Used as more than a simple analogy to make things easier to understand is a mistake

          0 replies 0 retweets 0 likes
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        1. Ray Rios‏ @rayriosray Jan 13
          Replying to @hugohanoi @aktyelman and

          Lots of opinions , good for everyone !

          0 replies 0 retweets 0 likes
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        1. Cory Gross‏ @CoryG89 Jan 13
          Replying to @hugohanoi @aktyelman and

          Lol, just lol. Really? You can say the same thing about PoW. In PoW there are exploitable ineffeciences, whereas in horses every step goes to moving you forward. This is the perfect example of knowing enough about physics to be dangerous.

          0 replies 0 retweets 0 likes
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