a photo of crypto expert reviewer Nick Szabo

Nick Szabo

Nick Szabo is a computer scientists and cryptographer. In 1998, Szabo proposed a decentralized digital currency called "Bit Gold." He also came up with the concept of "smart contracts", programmatic contracts that can be executed by code.

Reviews by Nick Szabo

🔑 2 positive | 💩 6 negative

💩

Ripple is far from trust-minimized. As a result, it has high governance costs, including the disputes described here, and poor social scalability.

Nick Szabo, Blockchain, cryptocurrency, and smart contracts pioneer

2018-02-06 | Full Review

💩

In EOS, a few complete strangers can freeze what users thought was their money. Under the EOS protocol, you must trust a "constitutional" organization comprised of people you will likely never get to know. The EOS "constitution" is socially unscalable and a security hole.

Nick Szabo, Blockchain, cryptocurrency, and smart contracts pioneer

2018-06-19 | Full Review

🔑

What is needed is actually secure independence of money from politics, which the Bitcoin protocol does much better than any other prior monetary system.

Nick Szabo, Blockchain, cryptocurrency, and smart contracts pioneer

2018-11-11 | Full Review

💩

Computational scalability and a governance model that violates immutability are both huge problems for Ethereum. That and the finance/crypto culture gap are why Turing-complete smart contracts have not yet gained traction.

Nick Szabo, Blockchain, cryptocurrency, and smart contracts pioneer

2018-08-18 | Full Review

BCH are the subset of the old Bitcoin culture, in contrast to BTC, did not value trust minimization and are not well governed.

Nick Szabo, Blockchain, cryptocurrency, and smart contracts pioneer

2018-11-15 | Full Review