Paul Sztorc on Bitcoin Cash

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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.

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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 Paul Sztorc

🔑 1 positive | 💩 1 negative

2018

  • 💩

    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

2017

  • 🔑

    Bitcoin Cash could win -- it's cheaper to use, and decentralization is completely useless 99.9% of the time. Just hodl both.

    2017-07-30 | Full Review

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💩

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

💩

Putting software “on a blockchain” is an inconvenience, justified only in cases involving a global public ledger. These ledger-cases are likely to be limited to Money, Reputation, and Names. This limitation suggests that other “[distributed autonomous communities]” are not economically viable, and Ethereum may be “a solution in search of a problem.”

2014-11-28 | 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

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

2018-06-28 | Full Review

BCH has nothing to do with Bitcoin

2018-07-02 | Full Review

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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