Post
Topic
Board Altcoin Discussion
Re: Nick Szabo lecture
by
TPTB_need_war
on 07/04/2016, 17:45:14 UTC
https://www.youtube.com/watch?v=tWuN2R2DC6c

Nick Szabo mentions Ethereum's "advantages" over Bitcoin at the 13:30min point. Unfortunately he seems to be totally oblivious to the technical criticism we enumerated in the Ethereuem Paradox thread.

Edit: his pitiful defense of Oracles starting at 33:00min convinces me he is not grounded in any sense of reality of adoption.

See also more discussion at around 01:00:00.

58:00 - Block chains can't out perform Tx/sec of Visa w/o losing the trustless attribute. I will challenge him on that with my white paper and argue that we can't have the trustless attribute w/o scaling!

59:00 - He wishes Ethereum would not switch to proof-of-stake. He speculates about combining proof-of-work with proof-of-stake, but gives no details.

01:00:00 - he doesn't seem to recognize that Oracles entirely break Nash equilibrium. Sounds to me like they are just ignoring that this will only work with centralization.