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mircea_popescu: it was a 20 minute old txn at the time it was included in a block.
mircea_popescu: this is the smoking gun re miner collusion to scam bitbet. the loing and the short of it.
mircea_popescu: then it just so happens that tuesday night it's good enough ?
mircea_popescu: so a tx is broadcast, saturday. it doesn't even register.
mircea_popescu: for the record, there are about 50k txn with a higher per-byte offering, and all of those have been in the mempool for ehhh i dunno, a week more than half hour ?
mircea_popescu: just now, an hour after the other one, all it needs is a block.
mircea_popescu: not saturday, right ? and not the one before it, when the bet closed
mircea_popescu: how about that kakobrekla ! not bad for a 0 fee tx "in this climate" eh ?
mircea_popescu: as long as the competitor isn't mined, what's the hurry ?
mircea_popescu: doesn't need to be in the next one. understand how miner collusion works.
mircea_popescu: i personally think the only reason it's not mined yet is that there hasn't been a block.
☟︎ mircea_popescu: anyway. miners must be broken, burned and the land fucking salted.
☟︎ mircea_popescu: well, i'm going to make more, and try to mine them and etc, but yes.
mircea_popescu: b28245044ac784766b58dcef00750608400c43bd63dce0f8c41491bd9405ad3a
mircea_popescu: and the one doublespending it with a fee is... not visible. right ?
mircea_popescu: kakobrekla understand : just because they picked one particular txn out of a set of txn they withheld should NOT be an argument they may bring.
mircea_popescu: but the whole KEY of the thing is that this "wait until you succeed" ~= infinity.
mircea_popescu: if spending worked, the problem wouldn't exist in the first place.
mircea_popescu: punkman except spending goes through the same process generally.
mircea_popescu: the one you see now was broadcast originally saturday.
mircea_popescu: one of the many. understand that there was a set of these.
mircea_popescu: however - since bitbet publishes the payout addresses, it's trivial for them to know what to sit on.
mircea_popescu: kakobrekla this is what i was doing for a fucking week.
mircea_popescu: the problem is broadly speaking that bitcoin is not actually fit for commerce, and that fixing it necessarily requires changing the pow to exclude f2pool/antpool/etc.
☟︎ mircea_popescu: this means that if you are waiting on a payment - you got to talk to a miner. bitbet will not further consider any complaints of this nature.
mircea_popescu: HOWEVER - bitbet will NOT ever make 2nd transactions for any reason and in any case.
mircea_popescu: the damage in this case is ~17 BTC, which whatever - cdb.
mircea_popescu: because they can sit on a transaction more or less forever.
mircea_popescu: this adds an entire layer of breakage to the already broken bitcoin infrastructure. specifically - due to chinese miner collusion (and yes they do control over 50% of the network) it is impossible to guarantee payment at ANY point in the future.
mircea_popescu: once a transaction that DIDN'T spend the same inputs was announced and confirmed, the OLD transactions were somehow found, and are now broadcast.
mircea_popescu: specifically : a set of a dozen or so txn that were trying to pay out winners of a bet went out, only to be "ignored" by the network. they all spent the same inputs. this went on for about a week.
mircea_popescu: sooo... it pains me to say that bitbet was just on the receiving end of a concerted miner withholding attack.
mircea_popescu: well... the deed seals keep getting spent, so someone must be
mircea_popescu: maybe try and verify one on the basis of the mirrored data only to be sure ?
mircea_popescu: aite just make sure some silly tidbit doesn't get lost and we find ourselves stranded
mircea_popescu: i dunno, originally it was a pretty good marketing tool.
mircea_popescu: this is how you end up volunteered for 1.5 shifts, you know.
mircea_popescu: anyway. bill's up, i guess im closing down this phuctor server and eating the 2 month bill as cdb ?
mircea_popescu: lol. well, the plan is working splendidly. who'd bother shooting you, you're rather easy to mothball anyway.
mircea_popescu: asciilifeform> anyway i specialize in making some selected subset of it actually WORK. << this much is true, yes. but you have a finite number of hands!
mircea_popescu: fucking stupidest idea ever, should have tried building it on old crack whores first.
mircea_popescu: asciilifeform ikr ? and now we had to build money on top of it
mircea_popescu: entirely fucking different story from doing any kind of work.
mircea_popescu: whereas what a doctor, or a lawyer do, independent professions and in no sense either labour or skilled, is to give you THEIR OPINIONS
mircea_popescu: skilled labour is hwat a carpenter does. he has 7 tools and 3 types of wood, and an absolute guarantee that his fucking board isn't going to spontaneously turn to marmalade.
mircea_popescu: skilled labour is what happens with bob and his factory.
mircea_popescu: i happen to know what that is. ircd will just dump the highest latency users if it gets full.