| > It's just sad that so much fighting and ego has prevented technical collaboration. I'm a supporter of the Core devs but Emin is a genius who should be respected. Emin has a bad track record of lying about his work. For example, he claimed in the announcement(1) for his Teechan payment channel scheme that it could do 2480 transactions per second, but neglected to mention that it achieved that by failing to actually write those transactions to disk and storing them in RAM only. If your computer crashes, you can lose money in Teechan. This is not unlike advertising the high performance figures achieved by making a new RAM-only database, without advertising the fact that you achieved them by storing everything in RAM. Similarly, Emin's announcement and paper also gave the impression that payment channels weren't currently possible to implement on Bitcoin without segwit, when in payment channels with similar properties to Teechan have been possible to implement for multiple years now via BIP65. Oddly, BIP65 is cited in the Teechan paper, but for an unrelated reason. Then there's how Emin's PR around that announcement presented Teechan as something that could be implemented right away as a replacement for segwit via Intel SGX, without mentioning that Intel required SGX users to get licenses to use it in production, and Teechan didn't have one. I could go on, but that's just a single project... The sad thing is Emin is often right and can do good work, but with a track record like that it's no surprise that people aren't interested in working with him. 1) https://web.archive.org/web/20161223143716/http://hackingdis... |
>For example, he claimed in the announcement(1) for his Teechan payment channel scheme that it could do 2480 transactions per second, but neglected to mention that it achieved that by failing to actually write those transactions to disk and storing them in RAM only.
First of all, our actual deployments showed that Teechan can do more than 30,000 tx/sec across the Atlantic, in fully fault tolerant mode.
Second, the Teechan paper made clear exactly how we reported the initial, unoptimized numbers, which is precisely why you're here writing these bogus critiques.
>Emin's announcement and paper also gave the impression that payment channels weren't currently possible to implement on Bitcoin without segwit
We learned after publication that there are rumors of a "Lightning Network" implementation without Segwit. Unless you can point to a protocol specification, however, these remain unbacked and uncharacterized assertions, of the kind "I believe I can fly."
>Then there's how Emin's PR around that announcement presented Teechan as something that could be implemented right away as a replacement for segwit via Intel SGX, without mentioning that Intel required SGX users to get licenses to use it in production, and Teechan didn't have one.
This is HN, and I usually try to be more diplomatic, but this is stupid. First, Teechan is a protocol, it isn't tied to SGX. We are working with HSM vendors to deploy it on non-Intel hardware. Second, Teechan does NOT require the users to obtain licenses, it just needs to be signed by an entity. Third, Peter Todd has no idea about the nature and scope of academic work and how it differs from industrial deployments, which explains why he feels so threatened as to indulge in personal smears.
I could go on, but tearing down a known Bitcoin troll is pointless.