Brock M Cusick, Esq.

Derivatives and FX attorney at a big bank--but this is a personal account only. Interested in cryptography, crypto-currencies, and decentralization.

[Brock M Cusick, Esq. @bmcusick]

This is the coolest thing. A Lindbergh moment for sure. https://t.co/DOCDevgm1V

[Elon Musk @elonmusk]

Fly me to the moon ... Ok
https://t.co/6QT8m5SHwn

[Brock M Cusick, Esq. @bmcusick]

@BrendanEich @okTurtles @brave what about IPFS?

[Brock M Cusick, Esq. @bmcusick]

New rule for buying anything: It should be as stupid as possible while still doing its intended function. https://t.co/zRuz80kybP

[Troy Hunt @troyhunt]

Here's the prob now:
- Password hashes are out there
- They work on live accounts
- Service is still running
- Nobody can contact CloudPets https://t.co/r4luZNH7RU

[Brock M Cusick, Esq. @bmcusick]

@SatoshiLite Leaving to anyone besides end-users (e.g., miners) creates these principal-agent problems.

[Brock M Cusick, Esq. @bmcusick]

@SatoshiLite Behind the scenes the wallet moves their coins to a new address with some sort of vote indicators as part of the Tx

[Brock M Cusick, Esq. @bmcusick]

@SatoshiLite It seems like there should be a way for users to vote on these things, like having their wallets signal what they want.

[Brock M Cusick, Esq. @bmcusick]

@SatoshiLite they could also be over-leveraged and can't take the revenue hit

[Charlie Lee Ⓜ️🕸️ @SatoshiLite]

@AlpacaSW ASIC manufacturers, pools, and miners all benefit from status quo, where fees are ~1.5BTC per block. That's 10% of block reward.

[Charlie Lee Ⓜ️🕸️ @SatoshiLite]

No way miners care about long term fees 2 yrs later when current ASICs that they are using will be obsolete in 6 months.

[Charlie Lee Ⓜ️🕸️ @SatoshiLite]

I think miners are supporting BU to block SegWit, thereby keeping status quo, because they are enjoying inflated txn fees due to full blks.

[Harry Halpin - Nym @harryhalpin]

The danger of @timberners_lee's view is that he forgets by baking DRM into standards, the #W3C will cause DRM to spread - and close the Web!

[Brock M Cusick, Esq. @bmcusick]

@ryanxcharles I'm sure the miners will get right on supporting that soft fork :)

[Brock M Cusick, Esq. @bmcusick]

@jlipkin He 100% did say that.

[Steve Wilson @Steve_Lockstep]

Very good question. Unless they're paying fees, identity and other apps seem to be freeloading on public blockchains. #mwcdib #MWC17 https://t.co/HFeyzp43RH

[Brock M Cusick, Esq. @bmcusick]

@elidourado And this is also the solution to "the last 20 feet" delivery problem with self-driving trucks.

[Brock M Cusick, Esq. @bmcusick]

I bet the miners love these fees though. Their short-term incentives are to continue to not adopt SegWit. Incentive scheme failure.

[Brock M Cusick, Esq. @bmcusick]

Even with 2 MB blocks the mempool would take hours to digest. Failure to adopt SegWit having expected effects. Thanks miners. https://t.co/d5SFTiMUXr

[Brian Fabian Crain @crainbf]

Insane. I just paid $25 worth of Bitcoin and the suggested fee was $1.66! That's 6.6%. Who can seriously claim this isn't broken?

[Brock M Cusick, Esq. @bmcusick]

Just change how we vote on politicians and/or laws from plurality-wins to approval or range voting. Centrist always wins. https://t.co/lbS6l85fNZ

[Paul Graham @paulg]

Idea: Start a new political party, and only allow a new D to join when you can recruit a new R as well (or vice versa).

[Brock M Cusick, Esq. @bmcusick]

@matthew_d_green Do you have kids? They're also good at that.

[Arvind Narayanan @random_walker]

"White House employees…have access to better encrypted communication tools on their private devices than on their government-issue devices." https://t.co/gNnKNcz6Tt