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X @Nick Szabo
Nick Szabo· 2025-12-18 03:03
RT The Book of Ethereum 📘 (@Bookof_Eth)This is exactly why blockchains must not be treated like content platforms.Immutability is a feature for settlement, proof, and coordination - not for hosting arbitrary legible content. Once data is on-chain, deletion is not a policy choice, it’s a protocol failure.The path forward is architectural clarity:• Minimize on-chain legible content• Use commitments, hashes, proofs - not raw data• Offload expression to layers designed for mutability• Embrace privacy, encryptio ...
X @Nick Szabo
Nick Szabo· 2025-11-03 01:19
Bitcoin Protocol Changes & Risks - Bitcoin Core v30 计划于 2025 年 10 月 30 日进行的更改,可能通过 51,200 倍的区块链数据扩展,对货币主权构成威胁 [1] - 扩大 OP_RETURN 容量可能 weaponize 比特币的 immutability(不可篡改性),从而对抗个人经济自由 [1] Community Resistance - Bitcoin Knots 的采用率在 2025 年激增 1,144%,表明节点运营商拒绝 Core 的单方面策略变更 [2] - 19% 的比特币节点已经处于反抗状态 [2] Critical Analysis - Immutability Paradox Framework(不可变性悖论框架)揭示了比特币的最大优势如何因 OP_RETURN 容量扩大而被 weaponize [2] - 需要识别 proposed changes 何时代表不可逆转的决策,以便在为时已晚之前进行抵抗 [2]
X @Nick Szabo
Nick Szabo· 2025-10-22 13:48
Core Principles of Layer 1 (L1) Blockchain Design - L1 should prioritize minimalism and economic disincentives against abuse, including tight data limits, escalating fees, and predictable pruning, treating each extra byte as a systemic liability [1] - L1 should focus on cash-grade facts only, such as UTXOs, signatures, fees, and block headers, excluding galleries, blobs, and politics [4] - L1's primary functions are finality and fungibility [5] Risk Management and Sovereignty - The industry should consider legal entropy per byte, which compounds across borders, necessitating near-zero jurisdiction-adjusted entropy on L1 to maintain composable sovereignty [2] - Chains that invite arbitrary payloads are fragilized, as one illicit file can chill an entire network, while one clean invariant allows permissionless value transfer [2] Layered Architecture and Functionality - The industry advocates separating concerns, making the settlement layer surgically narrow, rather than stuffing speech into money [3] - Expression should be pushed outward, with contracts to L2, content to content-nets (Nostr/IPFS/etc), and proofs back to L1 [4] - L2 should focus on programmability, while L3 should handle content and culture [5]
X @Bankless
Bankless· 2025-09-03 12:00
Real World Assets (RWA) & Ethereum Readiness - Debate focuses on whether Ethereum is ready to host real-world assets [1] - Discussion includes stress tests involving exchange hacks, stablecoin failures, and court orders targeting the chain [1] - Explores whether the Ethereum network should intervene in such scenarios [1] Key Discussion Points - Crypto vs RWA Immutability is discussed [2] - Ethereum validator intervention is a topic of conversation [2] - Dealing with multiple jurisdictions is examined [2] - Credible neutrality for a multipolar world is considered [2] Protections & Scalability - Identifies realistic protections available today [1] - Highlights what still needs to be built before RWAs can scale on Ethereum [1] Blockchain Use Cases - Blockchain use cases are explored [2] - Consortium chains are discussed [2]
X @Andre Cronje
Andre Cronje· 2025-08-31 23:53
Project Strategy & Goals - The project is prioritizing building a killer product instead of decentralization [2] - The project founder is incentivized to build, unlike previous projects without personal incentives [2] Tokenomics & Fundraising - The project is raising funds and has founder/team tokens [2] - Founder and team tokens are vested behind buybacks [2] Founder's Role & Incentives - The founder has a token allocation and is actively involved, contrasting with previous projects where the founder aimed to decentralize and walk away [2] - The founder is optimizing for product development with incentives [2] Previous Project Comparison - Previous projects focused on decentralization and immutability, aiming for a founderless approach [1] - Previous projects had no token allocation, fundraising, fees, or licenses for the founder [1]
X @Litecoin
Litecoin· 2025-08-10 00:15
Decentralization & Security - The ledger is fully decentralized, ensuring no single entity controls it [1] - Immutability guarantees data integrity and prevents tampering [1] Tokenomics - The ledger has a hard cap, limiting the total supply [1] - Fair launch ensures equitable distribution [1] Privacy - Optional privacy features are available [1]