136300+ entries in 0.047s
mircea_popescu: unfortunately for the "greatest country^H^H^H^H^Hgovernment in the world"'s ambitions, the horse keeps turning out lame and slutty.
mircea_popescu: mno, it was ripple v2.0, "usg must have a horse in the race".
mircea_popescu: except these aren't made out of real people, but out of esltards and other civilised shitheads, so they keep falling over.
mircea_popescu: the point is EXACTLY the same ineptitude of usgism that created the taliban, "russians must have competitor", and then the isis "taliban must have competitor" and so on.
mircea_popescu: about 97% to 3% or thereabouts being the split of these two categories, historically.
mircea_popescu: EVERYTHING else you see is mostly fake in the sense of "my webpage can print any numbers i want it to", and less so in the sense "mit will pay so you say shit smells nice"
mircea_popescu: asciilifeform the "chumps" bought in worth less than 100k.
mircea_popescu: anyway. hopefully they don't get spooked and do as you say. end up paying the market cap out of pocket a dozen times over the next coupla years, one for each consecutive hole.
mircea_popescu: asciilifeform well, the fiat exchanges are even faker than the bitcoin ones, but still, money IS bleeding out. i can assure you of that much :D
mircea_popescu: so they're actually gonna pay out the whole billion the shitpile is supposedly "market cap" ?
mircea_popescu: anyway. so they're in well over 100 fake mn by now. what's the usg.mit budget for propping up the scamcoin ? any guesses ?
mircea_popescu: anyway, /me loves how teh usg is spending its crap fiat to try and prop up a crap altcoin.
mircea_popescu: this is vaguely reminiscent of the power rangers sucking themselves off on reddit about how great they were at testing some shitlibrary they wrote.
mircea_popescu: s to realise he wasn't mocking the inept mit shit but actually playing it straight.
mircea_popescu: "Stephan Tual is the Founder and COO of Slock.it. Previously CCO for the Ethereum project, Stephan has three startups under his belt and brings 20 years of enterprise IT experience to the Slock.it project. Before discovering the Blockchain, Stephan held CTO positions at leading data analytics companies in London with clients including VISA Europe and BP." <<< schmuck who wrote a blogpost so fucking dumb, it took me 10 minute
mircea_popescu: asciilifeform anyway, the beheading hurt something fierce, check out all the various research they're giving him to publish to prop him up. win-win lol.
mircea_popescu: asciilifeform they can just clone these at will anyway.
mircea_popescu: ahahaha "one of the world's leading security audit companies, dejavu security"
mircea_popescu: lol conspicuously missing, the hanno boeck "i already had published this nowhere" angle.
mircea_popescu: no idea how this constitutes a defense, but each his own
mircea_popescu: i suppose accused rapist could say "i didn't rape everyone, just this one".
mircea_popescu: asciilifeform this is what every government always says about every currency nationalization ever.
mircea_popescu: cuz seriously, this is what they want to do, "we fucked up so let's confiscate everyone's stuff and start over"
mircea_popescu: does it say something like "nationalization of the whole scheme is regarded as the solution by the technologically challenged MIT troop" ?
mircea_popescu: apparently they went to a different kindergarten than yours.
mircea_popescu: they have a slide deck for how they wanted ethershitium to work, also.
mircea_popescu: "let us apply the experience of mit-genius rockheadboy. mongoloids have things to say about theatre! they learned a lot of valuable insights in the sanitarium!"
mircea_popescu: asciilifeform next, watch the usg agents derping about how "cryptocurrency is dead because our shitscheme imploded" ; and once that goes nowhere, watch them come back to bitcoin to "fix" the "consensus problems" it "has".
☟︎ mircea_popescu: (note incidentally that the ethereum monetary base increased 50% past week.)
mircea_popescu: if it makes you feel better, the word pretty much exclusively means "circuit breaker" in romanian.
mircea_popescu: next thing you know mit labs is going to discover lightbulbs.
mircea_popescu: besides, i had no proof and what else. modern sciences.
mircea_popescu: Chave utilizada na aula de seguranca de computacao part is lulzy enough.
mircea_popescu: now, the ad-interim solution is to a) sign the key ; b) only encrypt to signed key. but... dun help noobs.
mircea_popescu: it entirely subverts pgp. and i don't believe it to be accidental either.
mircea_popescu: Valfor more like auditing the mechanism than anything.
mircea_popescu: May 02 18:10:34 <deedbot> Valfor voiced for 30 minutes.
mircea_popescu: trinque i think he got voice a whole back and deedbot forgot about it.
mircea_popescu: and why should the process be streamlined ? the decision to "move your key to storage" has some costs, for them. why should you be insulated from this ? you wanna do X, pay up.
mircea_popescu: Framedragger why should it scale ? dunbar number is a thing. there's no need for you to be trusted, or even known, by more than a few dozen people.
mircea_popescu: so in a sense i made a design decision post-implementation, because these cojoined twins had to be cut somehow. this is improper, sure, but unavoidable.
mircea_popescu: if it's intended to work as what it works, then really there's no use or need for that nonsense.
mircea_popescu: if gpg was intended as a sort of otr, "user creates subkeys forever", it's shockingly poorly implemented.
mircea_popescu: more importantly : i don't want to outsource the management of my trust chains. if i trust you, i trust one key, not all keys in all derivations you may one day come up with.
☟︎ mircea_popescu: nevertheless, it seems to my eyes to be of the kind of "there's a difference between burnned out barn with door open and burned out barn with door closed".
mircea_popescu: but anyway, sure, there's a difference between "random subkey" and "subkey signed by main key".
mircea_popescu: i dunno why it's interesting and what it shows exhaustively.
mircea_popescu: i don't think it can ever be said "x phenomena shows only y abstraction".
mircea_popescu: "subkeys" are ~equivalent to "domain names" and various attempts to weaken bitcoin that were quashed historically. "wouldn't you like some wool over your eyes ???"
mircea_popescu: Framedragger i don't see much merit in the whole scheme. gpg does something stupid and then maybe salvages some edge of it. mmkay.
mircea_popescu: anyway. the only way in which the scheme you discuss worked was to prevent effectual use of symmetric key crypto, and it's altogether doubtful people needed help for that.
mircea_popescu: if another knows hpa, and signs his key, then that one knows the key he signed to be not fake, but the key he signed. this, again, has little to do with hpa per se.
mircea_popescu: i don't know hpa. any item purporting to be hpa's key is fake, and this can not be fixed by hpa or anyone on his behalf through technological means of any sort.
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