193300+ entries in 0.046s
mircea_popescu: The guidance advocates a ban on password strength meters, mandatory resets, and predictable combinations, instead encouraging brute force rate limiting and reduced access controls." << in other words, "password gimmicks don't work an we're back to ip bans, in a 100% reversal of the fecal consensus of 2005"
mircea_popescu: they should be flowing things the other way around ffs.
mircea_popescu: they lost 20bn in brand value for a few million in cash. and they have cash.
mircea_popescu: (wtf is this conflation of sales and ops going on at apple anyway)
mircea_popescu: who the fuck commodifies his premium product for boredom o may gawd
☟︎ mircea_popescu: omfg they did. ok, this is the dumbest move apple ever took, or could have taken. the only remainder value in the entire pointless entreprise was the perception of value. this is the texbook way to ruin perception of value : put them on a monthly installment, like fucking diapers.
mircea_popescu: in this context it was specifically re chillum's protests re security practices etc.
mircea_popescu: "this bear likes to fuck people ; you an tell it's horny by the red patch above its nose" IS a warning.
mircea_popescu: davout well that's the meaningful sense of the term when you're doing graph traversal and whatnot, cause it's where it starts. but in this context it seemed to me it'd rather mean , "clumps of satoshi available to be spent"
mircea_popescu: fucking horrid terminology, we really shouldn't be in a situation where input and outpuit means the same thing
mircea_popescu: and i suspect the coinbase count will be, going forward, one of the most important metrics of economic health.
mircea_popescu: by very definition, increased size = fragmentation of coinage.
mircea_popescu: ie, you'll never have that many legitimate txns that also consolidate. especially as the size opf bitcoin economy increases.
mircea_popescu: i think for a while gentmenan-ness will prevail and the consolidaitons will be mined in preference
mircea_popescu: we're, at least to my eyes, in the situation where we've built something against a sleeping rhino. once it gets up and moves, what happens ?
mircea_popescu: davout for sure not. but it does practically worek to keep tx large enough, and more importantly, coinbases few.
mircea_popescu: "Welcome to Bitcoin SIG We are a group of Mensa members who are interested in cryptocurrency and enjoy discussing the developments occurring in this space."
mircea_popescu: sorta like the emperor of flies can't happen with an adult present.
☟︎ mircea_popescu: it forces the paper and assorted fiats into stability.
mircea_popescu: i doubt it. see, wiemar collapsed because THERE WAS NO currency. at all.
☟︎ mircea_popescu: very hugely different sort of limitation on the usage.
mircea_popescu: there, we'll be discussing "you may not use bitcoin to transfer less than 2.8 dollars' worth"
mircea_popescu: here, we discusased "potential users" and the blocks haven't been full etc
mircea_popescu: and it can not be underscored enough how that is a much larger problem than the recent block size nonsense.
mircea_popescu: BingoBoingo think about it this way, the spam tx limit is currently worth very little. if it runs up to 10k it will be worth cents.
mircea_popescu: so hgow much can be yielded ? 1 more ? 2 ? 5 ? a full 32 ? a full 64 more ?
mircea_popescu: currently it works with the last 5 digits pretty much being unusable other than for that.
mircea_popescu: collectively we've not spent nearly enough thinking about that angle.
mircea_popescu: jurov actually the she-programmers of yugo were famous in romania in the 80s
☟︎ mircea_popescu: this is oft repeatred you know "we'll just add more zeroes"
mircea_popescu: punkman obviously there are no decimal points. nor were there ever.
mircea_popescu: because you know for a fact as btc will run up to 10k next, the "consumers need this improvement" thing will be lowering the spam limit.
mircea_popescu: would really benefit from more discussion and modelling.
mircea_popescu: there's an entire ugly unspecified state downstream people keep pushing under the rug
☟︎ mircea_popescu: the system will have to track 2.1 * 10^ 15 items. which, at say half a kb weight each, will cost exabytes to fully move
mircea_popescu: if we actually get maximal utilization, which means every single unit of account is independent,
☟︎ mircea_popescu: specifically : the total number of bitcoin units of account that can be circulating is 2100000000000000.
mircea_popescu: could be a much stricter limit on scalability than the block size
mircea_popescu: incidentally, i've said this a few times but it readily gets forgotten : coinbase fragmentation is threatening to become a rather serious problem for bitcoin eventually.
mircea_popescu: cazalla i don't thinbk you understand how hot topic works.
mircea_popescu: omfg all the nice things ppl say! no wonder i was feeling better later that same day!!1
mircea_popescu: There is a 32 bit version (written in C), a 64 bit version (written in asm), a 64-bit emulator as well as a Java version.