Both Adam Back and Nick Szabo have stated the same thing that I have been trying to point out in that Bitcoin should be first aimed at things like the remittance market (which it should be able to kill the competition in).
Yet still we hear the rabble wanting to pay for coffee's with BTC when it has failed to even make an inroad into the most obvious market it should be dominating.
When virtually no-one is being paid in BTC why on earth do people think it is important to pay for a coffee in BTC?
My guess is that most of the people screaming to have BTC payments for coffees probably don't even have enough BTC to pay for a coffee!
Topic: Nick Szabo's Remarks about Bitcoin XT - page 2. (Read 2533 times)
I've always been certain Szabo is Satoshi but even more convinced after hearing the pod-cast. He seems to go out of his way to refer to Satoshi in the third person. Also the fact that no-one really knows much about Szabo shows that here is an individual who is very careful about protecting his identity. I think also that Andreas knows that he is Satoshi - he's almost referential is his questions to Szabo.
Well..no.Satoshi's white paper propose a solution for small casual transaction, just read his introduction.
If Szabo is Satoshi then he changed his mind.
Yeah, I thought this was interesting too. I tend to fall in the Szabo is Satoshi camp but Szabo is really clear lately that a main goal wasn't small transactions which seems to be at odds with Satoshi's vision. So I agree he would have had to change his mind. Another possibilty could be Satoshi was Szabo and several other people, and the others disagreed on that point.
There is reason why the Genesis Block mentions a second round of bank bailouts instead of, oh say, debit/credit surcharges for small purchases at Starbucks.
Satoshi created Bitcoin to stop command economy BS like bank bailouts, not because he was charged fifty cents extra for using his AMEX to buy a latte.
Uppercase-B Bitcoin (or lowercase in Szabo notation) the first viable and most secure ecash competes with gold and central banks.
Lowercase-b bitcoin (or uppercase in Szabo notation) the blockchain technology competes with Visa/Paypal/Square (via altcoins).
Bitcoin is global revolution against authoritarianism, not the next fucking Dwolla.
We should keep to the original Satoshi Nakamoto code! This is affecting credibility in bitcoin, the community and the whole idea itself.
Bitcoin XT is getting to be a very diplomatic method of achieving the 51% attack...
Bitcoin XT is getting to be a very diplomatic method of achieving the 51% attack...
The funny thing is, Szabo created the first type of Bitcoin network in 1998 with Bit Gold and nobody really saw his vision or took him seriously. They were seen as a bunch of geeks
having some Libertarian ideas and now when you think about this.... They were the pioneers and the people with the vision. If I had to choose a Bitcoin CEO, he would get my vote
any day. You can just feel the frustration in his voice... It must be hard on him to see this protocol being picked apart by the vultures.
{Banks}
having some Libertarian ideas and now when you think about this.... They were the pioneers and the people with the vision. If I had to choose a Bitcoin CEO, he would get my vote
any day. You can just feel the frustration in his voice... It must be hard on him to see this protocol being picked apart by the vultures.
{Banks} 
Where can I read Satoshi's quotes addressing the small transaction volume problem? I wonder if he predicted something like blockstream being built on top of Bitcoin to deal with small transactions. What has his view on this on-chain/off-chain duality? I must know.
There is also a few post of him on this forum where he states that the blocksize limits is provisory.
I'm not sure about his comments on offchain transaction that would be interesting to read.
I've always been certain Szabo is Satoshi but even more convinced after hearing the pod-cast. He seems to go out of his way to refer to Satoshi in the third person. Also the fact that no-one really knows much about Szabo shows that here is an individual who is very careful about protecting his identity. I think also that Andreas knows that he is Satoshi - he's almost referential is his questions to Szabo.
Well..no.Satoshi's white paper propose a solution for small casual transaction, just read his introduction.
If Szabo is Satoshi then he changed his mind.
Yeah, I thought this was interesting too. I tend to fall in the Szabo is Satoshi camp but Szabo is really clear lately that a main goal wasn't small transactions which seems to be at odds with Satoshi's vision. So I agree he would have had to change his mind. Another possibilty could be Satoshi was Szabo and several other people, and the others disagreed on that point.
Satoshi also mentions payment channels which are an integral part of Bitcoin. It's quite obvious the Bitcoin blockchain is not ideal nor desired for small casual transactions
Where can I read Satoshi's quotes addressing the small transaction volume problem? I wonder if he predicted something like blockstream being built on top of Bitcoin to deal with small transactions. What has his view on this on-chain/off-chain duality? I must know.
I've always been certain Szabo is Satoshi but even more convinced after hearing the pod-cast. He seems to go out of his way to refer to Satoshi in the third person. Also the fact that no-one really knows much about Szabo shows that here is an individual who is very careful about protecting his identity. I think also that Andreas knows that he is Satoshi - he's almost referential is his questions to Szabo.
Well..no.Satoshi's white paper propose a solution for small casual transaction, just read his introduction.
If Szabo is Satoshi then he changed his mind.
Yeah, I thought this was interesting too. I tend to fall in the Szabo is Satoshi camp but Szabo is really clear lately that a main goal wasn't small transactions which seems to be at odds with Satoshi's vision. So I agree he would have had to change his mind. Another possibilty could be Satoshi was Szabo and several other people, and the others disagreed on that point.
Satoshi also mentions payment channels which are an integral part of Bitcoin. It's quite obvious the Bitcoin blockchain is not ideal nor desired for small casual transactions
I've always been certain Szabo is Satoshi but even more convinced after hearing the pod-cast. He seems to go out of his way to refer to Satoshi in the third person. Also the fact that no-one really knows much about Szabo shows that here is an individual who is very careful about protecting his identity. I think also that Andreas knows that he is Satoshi - he's almost referential is his questions to Szabo.
Well..no.Satoshi's white paper propose a solution for small casual transaction, just read his introduction.
If Szabo is Satoshi then he changed his mind.
Yeah, I thought this was interesting too. I tend to fall in the Szabo is Satoshi camp but Szabo is really clear lately that a main goal wasn't small transactions which seems to be at odds with Satoshi's vision. So I agree he would have had to change his mind. Another possibilty could be Satoshi was Szabo and several other people, and the others disagreed on that point.
Nick Szabo was interviewed for Let's Talk Bitcoin Ep. 246 (released yesterday). At the end they discussed the block size debate and the Bitcoin XT fork. Here's a short video with excerpts where he talked about the Bitcoin XT fork:
https://www.youtube.com/watch?v=u4_pPkIbGw4
Here are two quotes:
The full episode is available here:
https://letstalkbitcoin.com/blog/post/lets-talk-bitcoin-246-smart-contracts-with-nick-szabo
https://www.youtube.com/watch?v=u4_pPkIbGw4
Here are two quotes:
Quote
Doing a contentious hard fork is not healthy. It's basically a 51% attack being justified through argument.
Quote
I'm just guessing to say that 75% is a large enough number that that forces the rest of the network comply. But if they don't...if you have an ongoing... This is essentially a civil war. It is technologically equivalent to a 51% attack what Hearn and Andresen are doing. And so you essentially have a civil war situation. It will certainly exercise all of Bitcoin's security features...let's put it that way...as any war would.
The full episode is available here:
https://letstalkbitcoin.com/blog/post/lets-talk-bitcoin-246-smart-contracts-with-nick-szabo
It was nice to hear a word from our sponsor.
Nick is obviously unhappy with Gavin's governance coup and attempt to change Bitcoin's mission parameters. There is reason why the Genesis Block mentions a second round of bank bailouts instead of, oh say, debit/credit surcharges for small purchases at Starbucks.
His (and Adam's) tone of late matches exactly that of the recent dev-list post from Satoshi, right down to the 'disappointed' theme.
But Bitcoin is stronger than ever thanks to XT's 'stress test.'
I think he might be one of the founding father's of Bitcoin. Szabo has always been out of the limelight and people like Gavin stole the show. I respect his need for privacy, but we need people like him to come forward and speak out if things are done or planned that might damage the technology.
His contributions and his views on the matter are in my view the only one that counts for something. He has been there from the start.
His contributions and his views on the matter are in my view the only one that counts for something. He has been there from the start.
Nick Szabo has for sure been working on blockchain technology, or playing with the idea of a cryptocurrency waaay before Bitcoin was released. He probably had it in mind for decades, but it was never done as good as it has been done with Bitcoin.
I find interesting the part of smart contracts, he mentions Ethereum. Maybe Ethereum will have a big place in the future? Right now it doesn't seem very inviting to buy. It has been crashing non stop since release.
full member
Activity: 136
Merit: 100
Get your filthy fiat off me you damn dirty state.
Nick Szabo was interviewed for Let's Talk Bitcoin Ep. 246 (released yesterday). At the end they discussed the block size debate and the Bitcoin XT fork. Here's a short video with excerpts where he talked about the Bitcoin XT fork:
https://www.youtube.com/watch?v=u4_pPkIbGw4
https://www.youtube.com/watch?v=u4_pPkIbGw4
Youtube clip only has 39 views?!
I guess only 39 people use bitcoin these days.
If you look on the letstalkbitcoin.com episode page there is almost 9,000 views already.
Yep. The whole interview was great. I made the video partly to help push people towards listening to the whole interview. Plus since the quotes I clipped are very near the end of the episode, it seemed possible that some people might've missed it.
I'm not some kind of "youtube celebrity." I make an occasional video as a hobby when I feel inspired. 39 views in a few days is high for me. It's more than some of my other videos have after months.
I think he might be one of the founding father's of Bitcoin. Szabo has always been out of the limelight and people like Gavin stole the show. I respect his need for privacy, but we need people like him to come forward and speak out if things are done or planned that might damage the technology.
His contributions and his views on the matter are in my view the only one that counts for something. He has been there from the start.
His contributions and his views on the matter are in my view the only one that counts for something. He has been there from the start.
I've always been certain Szabo is Satoshi but even more convinced after hearing the pod-cast. He seems to go out of his way to refer to Satoshi in the third person. Also the fact that no-one really knows much about Szabo shows that here is an individual who is very careful about protecting his identity. I think also that Andreas knows that he is Satoshi - he's almost referential is his questions to Szabo.
So little is known about Szabo. How did Let's Talk Bitcoin know it really was Szabo they were talking to? I tried finding out more about him and kept hitting brick walls. I found about two very old pictures that may or may not have been Szabo. There were differences of opinion about where he used to work and what his qualifications were. His identity is almost as secret as Satoshi's.
I've always been certain Szabo is Satoshi but even more convinced after hearing the pod-cast. He seems to go out of his way to refer to Satoshi in the third person. Also the fact that no-one really knows much about Szabo shows that here is an individual who is very careful about protecting his identity. I think also that Andreas knows that he is Satoshi - he's almost referential is his questions to Szabo.
Well..no.Satoshi's white paper propose a solution for small casual transaction, just read his introduction.
If Szabo is Satoshi then he changed his mind.
Szabo tweeting: "Another design for 2nd layer for small-b bitcoin (+ why large-B Bitcoin won't scale)"
http://www.tik.ee.ethz.ch/file/716b955c130e6c703fac336ea17b1670/duplex-micropayment-channels.pdf
haha take dat forkers/scalers. ^^
http://www.tik.ee.ethz.ch/file/716b955c130e6c703fac336ea17b1670/duplex-micropayment-channels.pdf
haha take dat forkers/scalers. ^^
I've always been certain Szabo is Satoshi but even more convinced after hearing the pod-cast. He seems to go out of his way to refer to Satoshi in the third person. Also the fact that no-one really knows much about Szabo shows that here is an individual who is very careful about protecting his identity. I think also that Andreas knows that he is Satoshi - he's almost referential in his questions to Szabo.
Here are two quotes:
Quote
Doing a contentious hard fork is not healthy. It's basically a 51% attack being justified through argument.
Quote
I'm just guessing to say that 75% is a large enough number that that forces the rest of the network comply. But if they don't...if you have an ongoing... This is essentially a civil war. It is technologically equivalent to a 51% attack what Hearn and Andresen are doing. And so you essentially have a civil war situation. It will certainly exercise all of Bitcoin's security features...let's put it that way...as any war would.
I like and agree with those two quotes and am glad he said them. I really lost a lot of respect for Hearn and Andresen after they did this.
Oh, did they ask if he was satsohi?
wow, the first Satoshi Audio Podcast
just imagine he would make a mistake in this podcast and reveal himself with that
just imagine he would make a mistake in this podcast and reveal himself with that
Damn man, you really believe in this, don't you?
if i have to choose one name, i would say Szabo
if you listen to what Szabo says, you'll realise you are not correct to characterise him as a small blocker.
That's a good point.
His name is "Landon Cox". Its possible he's just trolling.
I'm not sure, I think you might have Landon mixed up with the person I replied to?
It's nice to see Nick Szabo becoming more active, he was always super secretive. I think I have never heard his voice before this podcast. This man is nothing less of a genius, it makes me think he might as well be Satoshi in the way he addresses stuff. I guess he isn't attending the scaling bitcoin meeting if he did this tho, I had some small hopes of seeing a live debate with him and the rest of experts.
In general all the 'small blockers' are now finally starting to be more active and vocal about the block size debate. For a while there was only promotion by the 'large blockers'. Looks like the other side is getting finally getting their media game up.
That's just not right.
Everyone wants it to go up, so there is no 'big' vs 'small'
How. That's the question. How do we raise the block limit. That's what the debate is about, and if you listen to what Szabo says, you'll realise you are not correct to characterise him as a small blocker.
Jump to: