asciilifeform: (we had mongoose ache crystallographied 1 floor down from my chair, at one point, can't recall precisely why, it had already been done elsewhere. possibly it was in-complex)
asciilifeform: he has slightly nonstandard ACHE and number of other ferments.
asciilifeform: quite likely the current crop of miners is already this.
asciilifeform: (in the end you get sarin-resistant mice. this is not even a physical impossibility, iirc mongoose needed an elephant's dose to fall down)
asciilifeform: potentially this mouse is solvable without sarin.
asciilifeform: (tru story! ru chemistry students would occasionaly make, e.g., sarin, as a very effective answer to... rats, mice, whatever else infested the cellar..)
asciilifeform: mining is a solution to specific set of problems. just like pressurizing your house with sarin and walking around in a teflon suit is one possible answer to rats and mice.
asciilifeform: (possibly there were others, but afaik this was the canonical.)
asciilifeform: unless it is a 'gossiptronic coin', as discussed earlier, but the applicability of the name 'coin' is then questionable
asciilifeform: 'The Web of Trust is not, as the name would seem to imply, an oilfield in which trust plays the role of oil, and you deploy some apparatuses and other devices to extract the trust therewith.'
asciilifeform: what would it even mean for a multiversal per-operator altcoin to 'crash' ?
asciilifeform: to briefly go up the stack, 'gossipcoin' is not useless by virtue of being a mach10 jet. i cannot fly it. but it is conceivable that mircea_popescu could. and/or, folks not even yet born, could.
asciilifeform: how did it go, 'horse that can count to five is a remarkable horse, but not a remarkable mathematician'
asciilifeform: 'general population' is barely qualified to operate a public shitter.
asciilifeform: and, eh, 'v', or trb, or various other items contemplated here, fall much closer to the jet than to the tv set.
asciilifeform: it is too late for grown men to learn damn near anything
asciilifeform: iirc ripple was promisetronic though.
asciilifeform: but less promisetronic (public, e.g., base.)
asciilifeform: sorta how fiatola works already at the sovereign level.
asciilifeform: trinque: it was a crackpot algo which i suggested, ages ago, where there is no objective coin, but instead, e.g., mircea_popescu can mint any amount (with the total base being public) of mircea_popescucoin, which in turn trinque accepts for certain rate of trinquecoin, etc, etc., integrated with wot
asciilifeform: no alt stands a remote change against 'grandfather's pistol' unless the author also discovers and demonstrates a 'proof of nonchiseling' .
asciilifeform: which is why nobody's pulled it off yet.
