trust minimization
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X @Nick Szabo
Nick Szabo· 2025-10-16 18:59
RT Nick Szabo (@NickSzabo4)@LukeDashjr Most folks have long since forgotten what the actual main point (trust minimization) of gold was. ...
X @Nick Szabo
Nick Szabo· 2025-10-07 00:57
Store of Value - Bitcoin's design is superior for the store of value use case due to its trust minimization features [1] - Few competitors have matched Bitcoin's design for store of value, focusing instead on medium of exchange and smart contracts [1] - The store of value use case is closely linked to the asset's market value [1]
X @Nick Szabo
Nick Szabo· 2025-09-27 23:30
RT Nick Szabo (@NickSzabo4)P.S. I think blockDAGs have a great deal of potential, but it is best realized when emphasis is put on applying the better tradeoffs to improving trust minimization rather than on other desiderata such as performance. Bitcoin remains king because so many have prioritized so many other desiderata over trust minimization. ...