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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. Tuur Demeester‏ @TuurDemeester Jan 13

      Tuur Demeester Retweeted Hugo Nguyen

      PoS vs PoW tweetstorm that digs into the fundamentals. Great overview of the argument:https://twitter.com/hugohanoi/status/951762596255838209 …

      Tuur Demeester added,

      Hugo Nguyen @hugohanoi
      1/ Here’s why I think Ethereum & Proof-of-Stake are bad ideas.
      Show this thread
      64 replies 211 retweets 661 likes
    2. Hugo Nguyen‏ @hugohanoi Jan 13
      Replying to @TuurDemeester

      also thanks for your well-written critique on PoS. I read that a few times & it helped solidify my thinking :-) love the "handicap principle" analogy.

      1 reply 1 retweet 7 likes
    3. Tuur Demeester‏ @TuurDemeester Jan 13
      Replying to @hugohanoi

      Oh, thanks! Really glad it was helpful to you. Credit for identifying the handicap principle as a darwinian version of the PoW protocol goes to @NakamotoInst's @DanielKrawisz: http://nakamotoinstitute.org/mempool/the-proof-of-work-concept/ …

      1 reply 1 retweet 9 likes
    4. Tuur Demeester‏ @TuurDemeester Jan 13
      Replying to @TuurDemeester @hugohanoi and

      What made you decide to research Proof of Stake BTW, and to publish the tweetstorm about it?

      1 reply 0 retweets 1 like
    5. Hugo Nguyen‏ @hugohanoi Jan 13
      Replying to @TuurDemeester @NakamotoInst @DanielKrawisz

      To see whether I should FOMO & pick up some ethers... 😂 seriously though, I guess curiosity & for my own understanding. It just sounded too good to be true.

      1 reply 1 retweet 4 likes
    6. Tuur Demeester‏ @TuurDemeester Jan 13
      Replying to @hugohanoi @NakamotoInst @DanielKrawisz

      I feel you about the FOMO & need to understand/verify. I did a write-up about my doubts last April:https://medium.com/@tuurdemeester/im-not-worried-about-bitcoin-unlimited-but-i-am-losing-sleep-over-ethereum-b5251c54e66d …

      2 replies 2 retweets 9 likes
    7. Hugo Nguyen‏ @hugohanoi Jan 13
      Replying to @TuurDemeester @NakamotoInst @DanielKrawisz

      Yup, I still ask myself everyday whether I'm really wrong about Ethereum 😂 I wrote a longer analysis of Ethereum earlier, but it's on FB (I know, terrible medium). Need to convert it to another tweetstorm or put it on my blog... Would love to hear what you think.

      2 replies 0 retweets 4 likes
    8. Tuur Demeester‏ @TuurDemeester Jan 13
      Replying to @hugohanoi @NakamotoInst @DanielKrawisz

      Oh, I'd love to see that! Feel free to share in any way (screenshots work for me too :-)).

      1 reply 0 retweets 1 like
      Hugo Nguyen‏ @hugohanoi Jan 13
      Replying to @TuurDemeester @NakamotoInst @DanielKrawisz

      it's a bit long & need some editing... but I can send you the link on PM.

      12:23 PM - 13 Jan 2018
      • 2 Likes
      • Mike Bombace Tuur Demeester
      2 replies 0 retweets 2 likes
        1. New conversation
        2. Mike Bombace‏ @Bombacem Jan 13
          Replying to @hugohanoi @TuurDemeester and

          Great point/s. Thank you.

          1 reply 0 retweets 0 likes
        3. °•○●‏ @deCustine Jan 13
          Replying to @Bombacem @hugohanoi and

          I think your analysis of PoS is wrong. You’re making the assumption that there’s no cost to become a securer like there is with miners. Theres a minimum stake requirement which essentially serves the same function

          0 replies 0 retweets 1 like
        4. End of conversation
        1. New conversation
        2. Steve Lee‏ @moneyball Feb 24
          Replying to @hugohanoi @TuurDemeester and

          I'd love to see it too in whatever form is easiest

          1 reply 0 retweets 0 likes
        3. Larry Sukernik‏ @lsukernik Feb 24
          Replying to @moneyball @hugohanoi and

          Hate to make your life more difficult, but I’d love to see it too.

          0 replies 0 retweets 0 likes
        4. End of conversation

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