Nick Szabo on Bitcoin Cash

a photo of crypto expert reviewer 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.

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Bitcoin Cash forked from Bitcoin in August, 2017. Bitcoin Cash increased the blocksize from 1 MB in Bitcoin to 8 MB, in an effort to lower transaction fees.

Finance and payments

Bitcoin Cash reviews by Nick Szabo

πŸ”‘ 0 positive | πŸ’© 2 negative

2018

  • πŸ’©

    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

2017

  • πŸ’©

    "Bitcoin Cash" is centralized sock puppetry.

    Nick Szabo, Blockchain, cryptocurrency, and smart contracts pioneer

    2017-12-21 | Full Review

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πŸ’©

Ethereum has the best ideas in blockchain tech. Execution, not so much.

Nick Szabo, Blockchain, cryptocurrency, and smart contracts pioneer

2014-08-01 | Full Review

πŸ’©

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

πŸ’©

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

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πŸ’©

BCH will never overtake BTC because BCH proponents lack focus. They are multicoiners with diversififed bags.

2018-06-28 | Full Review

πŸ’©

BCH has nothing to do with Bitcoin

2018-07-02 | Full Review

πŸ’©

You know when a network gets unstable ? When you primitively increase the block size. Taking the easy way out is not a long term solution and will be the downfall of BCH. History teaches us that scaling the right way is always better than scaling the easier way.

2017-12-20 | Full Review

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