a photo of crypto expert reviewer Paul Sztorc

Paul Sztorc

Paul Sztorc is the Director of Research at Tierion, a blockchain proof engine for businesses. He was formerly Chief Scientist at Truthcoin and an Economist at Bloq.


Reviews by Paul Sztorc

πŸ”‘ 1 positive | πŸ’© 8 negative


Not that I mind other people trying, but there is extreme deception in Augur. Their "March 2018" whitepaper is basically just mine plus a bunch of bizarre decisions.

2018-05-11 | Full Review


Ethereum has been injected with a lot of money, talent, [and] good risk over the last 2 years, which has vastly improved its quality. But it is still a nonsense premise and, as an investment, no one has addressed [the] main problem of Bitcoin imitation, either through soft fork or sidechain.

2018-01-08 | Full Review


No one ever got around to solving Ripple's biggest incentive problem: the fact that one group controls *nearly all* of the XRP.

What a hot potato that is!! All of the controllers will eventually be cashing out, abandoning the project and fleeing for their lives.

In contrast, Federal Reserve Notes were at least a hard fork of the gold blockchain, so to speak.

And BTC, each are created as different small accounts (max size ~50) with an unknown owner.

2017-12-30 | Full Review


1. Tether is a company, not a stablecoin/bitUSD. It might as well be Mt. Gox credits.
2. It's a huge black swan risk that won't be "obvious" until after a blowup.

2017-12-16 | Full Review


I disagree with [the] BCH dev strategy [of developing BCH independently] . . . instead, I would have just kept copying BTC code, weird/disagreeable elements included.

Some of their changes make backporting [BTC code improvements] much harder for no apparent reason. . . . Not good.

2018-04-26 | Full Review


I think Zcash is an interesting and valuable Bitcoin testnet. I don't expect any sustainable investment. It may replace Litecoin as BitLaundry.

2016-10-28 | Full Review


Last I checked, Chainlink did nothing whatsoever to solve/improve the oracle problem. It just punted it away to other people (who each had also done nothing to solve it)

2019-05-26 | Full Review

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