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patrissimo's profile
Patri Friedman
Patri Friedman
Patri Friedman
@patrissimo

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Patri Friedman

@patrissimo

On virtue, venture, family, freedom, crypto and (of course) building startup countries on the ocean - because we need new mechanisms, not new leaders.

San Jose, CA
patrifriedman.com
Joined October 2008

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    1. Stephan Livera‏ @stephanlivera Nov 1

      Over the last 7 days, average no. of tx per block on BCash is only 18% that of Bitcoin (315 Bcash tx to 1748 Bitcoin tx) Does Roger even account for this with his misleading "fast, cheap, reliable" claim? from site: http://fork.lol pic.twitter.com/pK7MT4kA5K

      6 replies 0 retweets 31 likes
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      Patri Friedman‏ @patrissimo Nov 1
      Replying to @stephanlivera

      Why is it misleading to claim a network is faster/cheaper, just because it is less popular now? Every cheaper competing product starts with less sales volume. Not saying BCH will grow & win, but your words sound like bias, not argument.

      8:10 AM - 1 Nov 2018
      • 2 Likes
      • Urban Arson 🌇
      2 replies 0 retweets 2 likes
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        2. Stephan Livera‏ @stephanlivera Nov 1
          Replying to @patrissimo

          It's a more complicated story though, and he's not comparing apples with apples If bcash did do more tx, it wouldn't be as cheap as it is now without other tradeoffs made elsewhere eg security, decentralization

          1 reply 0 retweets 0 likes
        3. Patri Friedman‏ @patrissimo Nov 1
          Replying to @stephanlivera

          For sure, I'm not saying anything about whether bcash would be cheaper/faster at scale. But neither were you. You said that lower volume disproves the claim that bcash can handle higher scale. And that's just bogus.

          1 reply 0 retweets 2 likes
        4. Michael Goldstein‏ @bitstein Nov 1
          Replying to @patrissimo @stephanlivera

          He didn't say it would disprove the claim. He implied that the model used to make the claim likely doesn't include some very important info. The claim is misleading because it does not specify that it is contextual and the network itself doesn't have empirical data to back it up.

          2 replies 0 retweets 1 like
        5. Stephan Livera‏ @stephanlivera Nov 1
          Replying to @bitstein @patrissimo

          Yeah i wasn't saying it disproves the claim, more just that it's not apples to apples - not a fair comparison Bitcoin is the guy squatting 100kg, and bcash is the guy squatting 18kg talking trash about the 100kg guy

          1 reply 0 retweets 4 likes
        6. 1 more reply
        1. bitcoiner‏ @AnselLindner Nov 1
          Replying to @patrissimo @stephanlivera

          Bcash isn't competing with Bitcoin. If they were they'd attempt to ossify their code a little and build confidence in the asset. As it stands now, they think misleading marketing begets monetary confidence. Bitcoin competes on hardness, other features can be built when demanded.

          0 replies 0 retweets 1 like
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