Post
Topic
Board Bitcoin Discussion
Re: Bitcoin XT - Officially #REKT (also goes for BIP101 fraud)
by
Peter R
on 07/09/2015, 18:51:05 UTC
I'm just gonna drop this here  Grin

https://botbot.me/freenode/bitcoin-wizards/2015-08-30/?msg=48477664&page=1

Quote
It's infuriating when someone makes an intellectually weak argument, but slateers it in so much (very nicely constructed) pretext and trappings that people who aren't interested or lack the context to evaluate it on its merits are too busy being mesmorized with the leather binding. Smiley

Which paper of Peter's is Greg referring to?

I thought Peter is now arguing we don't need any block limit for a "healthy fee market".

Is this a different paper?
 

Greg claimed the paper was "fundamentally flawed" and asked me several times to publicly retract it.  Instead, I have examined his objections, and in addressing them, I have been able to remove assumptions and strengthen the claims of the paper.  

The fee market paper is interdisciplinary and really outside the realm of Greg's expertise: it is a mixture of physics and economics.  My opinion of Greg is that he is a professional cryptographer and programmer, an amateur physicist, and a lousy economist and game theorist.  Remember, he already "proved" that decentralized consensus was impossible...