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Showing 4 of 4 results by Nick Szabo
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Board Announcements (Altcoins)
Re: [ANN][GAP] Gapcoin - Prime Gap Search - New Math Algo - CPU / GPU - Zero Premine
by
Nick Szabo
on 18/04/2025, 11:45:15 UTC
Hi, does anyone know why there two different Gapcoin sites?

Gapcoin.org is the one mentioned in the OP and Gapcoin-project.github.io is the other site that also appears in search results. The binaries and Github repositories are also different between the two sites.
Post
Topic
Board Bitcoin Discussion
Topic OP
If most politicians know nothing about Bitcoin then how will they regulate it?
by
Nick Szabo
on 26/12/2018, 06:19:53 UTC
The average politician probably has little or no understanding of cryptocurrencies. Some might understand the basic idea of a blockchain and its decentralized nature but the percentage of lawmakers who know the difference between a private key and a public key, the process of setting up cold storage wallets, or how multi-sig should be implemented securely is almost certainly very, very small.

So if cryptocurrency does become regulated and businesses like exchanges are forced to implement security practices such as having most of their funds in cold storage, then who will decide what regulations should be implemented and how? Surely, it won't be the politician.

Do you think they will attempt to have one of the Core devs on board or invite someone important in the cryptocurrency community like Vitalik, coblee, or Roger Ver (eek!) to write the regulations and then just take their word for it? What will they do if they decide not to participate? Heck, many (if not most) of those who are well-known and respected in the field are distrustful of governments and will probably refuse to participate since it could be seen as betraying the libertarian and anti-authoritarian ethos of the community.

Your thoughts?
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Topic
Board Altcoin Discussion
Re: Differences Nem, lisk, ark and ethereum
by
Nick Szabo
on 27/04/2017, 09:52:27 UTC
For the Ethereum vs. Lisk comparision:

I believe that on Lisk, applications are coded using JavaScript which is already a very popular programming language whereas Ethereum uses its own language called Solidity which is specifically designed for building smart contracts. And applications on Lisk operate outside of the main chain (more scalable) whereas with Ethereum, they all run on the single main chain.

Ethereum seems to be where all of the action is at. Lots of projects are happening on Ethereum right now and they have many talented people working on it and improving it.

That being said, I'm currently more invested in Lisk because I see it as having more upside potential. Ethereum went from a $20 million crowdsale to a $5 billion market cap in just a few months. But in the long term, it could be worth much more if the technology is found to be useful.

Both coins are nice.
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Topic
Board Altcoin Discussion
Re: List of Dash Forks / Coins with Masternodes
by
Nick Szabo
on 24/04/2017, 12:03:00 UTC
I'd like to make a list of all the coins that forked from Dash or Darknet or that have masternodes.

All of the following coins have Masternodes and I've listed how many coins needed for a masternode:

PIVX-Dash Fork, 10,000 coins needed $12,900
Crown Coin- 10,000 coins needed $7591
Exclusive Coin- 5000 coins needed $750
Transfer Coin- 10,000 coins needed $1,717
Monetary Unit-500,000 coins needed $19,149 Shocked
Bitsend-25000 coins needed $3,966
Helium-not yet launched 1000 coins needed


Which of these coins are Dash or Darknet forks?

What are some other forks of Dash?

edit: another user gjhiggins made a comprehensive list of Masternode coins in 2016 but many of those coins are no longer active.

I edited your post with the approximate fiat values for each masternode to put things into perspective.

It's probably too late to get on the masternode train now. Nearly all coins using masternodes have already exploded in price in recent weeks. Sad