Post
Topic
Board Altcoin Discussion
Re: Peter Todd calls dash snake oil.
by
smooth
on 20/07/2015, 02:33:25 UTC

Masternodes are a human controlled point of failure that has never nor ever will be incorporated into a serious cryptosystem. These systems are fragile enough without excessive parts that serve no real purpose other than to funnel money into the greedy hands of early adopters.

There's no technology in existence that you can't cherry pick aspects of and make such idle remarks.

What is lazy and disingenuous about Peter Todd's comments is that they don't address any of the real priorities identified by the various competing projects in the cryptocurrency space. Rather they are the remarks of an overgrown schoolboy trainspotting programmer who could care less about what he's implementing and everything about the tools he uses to implement it.

I'm not saying that's necessarily what he is, but I am saying that that is what such remarks characterize.

I have tried to address those things in this thread - ie present some level of business (or monetary) process analysis that is abscent from all the technological mud slinging. I've supported my arguments with a whole lot more background than Peter Todd did so I don't feel the need to defend petty point scoring factoids about perceived weaknesses in network security.

This debate is about something much more fundamental.


Tok, no one cares (except dashers) about your weird theory of money that happens to mangle dash into your prescribed fit. If it were a good theory, you would be able to explain in a clear and concise manner, not like someone who got a hold of really good ganja and watched a documentary about money once.

The money I want is simple: about everyone takes it, it's fungible, and it won't be traced back to me--like a coin, which is even better than cash. Monero fits this definition and i don't need graphics or links or convoluted sentences to explain why it works for me.

I don't know why your bitching that a cryptographer is giving technical analysis--that's what he's an expert in, so trying to shift his criticism away from what he's an expert in misses why his critique matters so much and why you can't just dismiss it with, "But I think money...." Either meet his criticism head-on or find yourself being ridiculed for not adding to the conversation or what this thread is addressing.

You guys started this thread to slap DASH in the face with an off handed, inaccurate and mean spirited comment by a so called "bitcoin developer" who is acting childish and insecure.  And you continue to act childish and insecure.  We just want to make sure that anyone opening this thread gets the other point of view as well. 

It might have been offhand, and it might have been mean spirited. Neither of those is necessarily admirable. However, there is nothing to suggest it is inaccurate, and you are certainly in no position to put your level of expertise and credentials up against Peter Todd's in making that determination.