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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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    Hugo Nguyen‏ @hugohanoi May 24

    Yup. I'm beginning to think the reason Ethereum is so desperate with PoS & sharding hocus pocus is because deep down they know the whole thing is bound to collapse. Blockchains don't scale at layer One. A kid can understand that. h/t @StopAndDecrypt https://medium.com/@StopAndDecrypt/the-ethereum-blockchain-size-has-exceeded-1tb-and-yes-its-an-issue-2b650b5f4f62#---0-282 …pic.twitter.com/2eiNAqYlZu

    “Oh, and that golden goose egg you call sharding? It’s hocus pocus. Fairy dust. It’s the same node centralization issue with a veil thrown in front of it. It’s effectively force feeding you the Master & Slave network I just warned you about, under the disguise of ‘new scaling tech’.” from “The Ethereum-blockchain size has exceeded 1TB, and yes, it’s an issue” by StopAndDecrypt.
    1:56 AM - 24 May 2018
    • 32 Retweets
    • 107 Likes
    • finway2 Bobble Stephen Jamison Antoine Giver of Etherium RobertKnolles Degam Suren Gunatillake Cornbagged⚡️ CryptOrbuld⚡️
    7 replies 32 retweets 107 likes
      1. New conversation
      2. seweso‏ @seweso May 24
        Replying to @hugohanoi @StopAndDecrypt

        What a freaking nonsense. Firstly, pure blocksize related bandwidth is about the same for Bitcoin and Ethereum. Plus hardware/network speeds increase exponentially. Why oh why does Bitcoin pride itself for not supporting exponential growth which follows tech increases.

        4 replies 0 retweets 13 likes
      3. Mat Balez‏ @matbalez May 24
        Replying to @seweso @hugohanoi @StopAndDecrypt

        Your assumption is that blockchain growth rate will be inferior to Moore’s law? Can you justify this assumption?

        2 replies 0 retweets 3 likes
      4. seweso‏ @seweso May 24
        Replying to @matbalez @hugohanoi @StopAndDecrypt

        No, I don't assume that at all.

        1 reply 0 retweets 0 likes
      5. SpookyAndCryptic‏ @StopAndDecrypt May 24
        Replying to @seweso @matbalez @hugohanoi

        So why vouch for code implementations that do?

        1 reply 0 retweets 2 likes
      6. seweso‏ @seweso May 24
        Replying to @StopAndDecrypt

        I don't. The actual dev's/researches behind Bitcoin Cash do not pretend liker Roger of Faketoshi that you can scale infinitely. Plus going to 32Mb limit also doesn't imply that. That's only 53 kBps to audit the ENTIRE system. 💁🏻‍♂️

        2 replies 0 retweets 0 likes
      7. SpookyAndCryptic‏ @StopAndDecrypt May 24
        Replying to @seweso

        SpookyAndCryptic Retweeted SpookyAndCryptic

        Why don't those Bitcoin Cash devs call Roger and Craig out then instead of partying with them on a boat full of payed "guests"?https://twitter.com/StopAndDecrypt/status/998283716240793601 …

        SpookyAndCryptic added,

        SpookyAndCryptic @StopAndDecrypt
        Just your daily reminder that @ProfFaustus and @nChainGlobal's patents have stolen the Bitcoin Cash protocol, their single developer @deadalnix, and are all backed by their main talking head @rogerkver who singlehandedly controls the main forum they aggregate their discussion in. pic.twitter.com/HTJOTwDC8p
        Show this thread
        1 reply 0 retweets 2 likes
      8. seweso‏ @seweso May 24
        Replying to @StopAndDecrypt

        They do.

        1 reply 0 retweets 0 likes
      9. SpookyAndCryptic‏ @StopAndDecrypt May 24
        Replying to @seweso

        I can imagine them now all in their bathings suits with their arms hover handing around paid foreign womans shoulders and calling each other out on how they're being dishonest.

        1 reply 1 retweet 6 likes
      10. 2 more replies
      1. Spinte‏ @spinte7 May 24
        Replying to @hugohanoi @StopAndDecrypt

        Ofc they don't scale. But scammers need to scam.

        0 replies 0 retweets 2 likes
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      1. New conversation
      2. bitsko‏ @bitsko_xt May 24
        Replying to @hugohanoi @StopAndDecrypt

        bitcoin never really hits a scale ceiling

        1 reply 0 retweets 1 like
      3. Spinte‏ @spinte7 May 24
        Replying to @bitsko_xt @hugohanoi @StopAndDecrypt

        It does but it's not the scale of stupid scammers building failed tech.

        1 reply 0 retweets 1 like
      4. bitsko‏ @bitsko_xt May 24
        Replying to @spinte7 @hugohanoi @StopAndDecrypt

        Prepare to have to act like that for the next two years as you will have little choice but to spend your time in reaction to BCH if you are in the space.

        1 reply 0 retweets 0 likes
      5. Spinte‏ @spinte7 May 24
        Replying to @bitsko_xt @hugohanoi @StopAndDecrypt

        We'll see

        0 replies 0 retweets 0 likes
      6. End of conversation
      1. antiprosynthesis‏ @antiprosynth May 25
        Replying to @hugohanoi @RyanDippmann @StopAndDecrypt

        antiprosynthesis Retweeted Gustav Simonsson

        Solidly debunked:https://twitter.com/classygustav/status/1000083724430729216 …

        antiprosynthesis added,

        Gustav Simonsson @classygustav
        “Keeping up with the Etherians — A response to blockchain size concerns” https://medium.com/@gustav.simonsson/keeping-up-with-the-etherians-a-response-to-blockchain-size-concerns-a4858c2701d9 …
        0 replies 0 retweets 0 likes
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      1. New conversation
      2. Team Winnaar‏ @TeamWinnaar May 24
        Replying to @hugohanoi @StopAndDecrypt

        'Blockchains don't scale at layer one. A kid can understand that.' You're in way over your head.pic.twitter.com/aXeGxPeimF

        1 reply 0 retweets 0 likes
      3. GTOCrypto‏ @CryptoVH May 24
        Replying to @TeamWinnaar @hugohanoi @StopAndDecrypt

        I am interested. Please go over the ways it would cope with extreme size!

        1 reply 0 retweets 0 likes
      4. Team Winnaar‏ @TeamWinnaar May 24
        Replying to @CryptoVH @hugohanoi @StopAndDecrypt

        It's a quote from Satoshi. Point being SN is not a kid.

        0 replies 0 retweets 0 likes
      5. End of conversation

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