193400+ entries in 0.073s
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.
mircea_popescu: punkman on what, the symbolics machine ? that can't even be shipped ?
mircea_popescu: awww, it so deeply matters that guy doesn't like qntra
mircea_popescu: @anarcholiberty @jonmatonis @adam3us @Joi @techreview @qntra is hateful inaccurate propaganda; their useful points are overshadowed by it.
mircea_popescu: somehow tho i don't expect a change of strategy. kinda hard to do anything else when got nothing whatsoever.'
mircea_popescu: i've called the bluff every time, it turned out to be a bluff every time.
mircea_popescu: the completely warantless pretense that some sort of notable forces of the idiotards are you know, right past the horizon ready toi get into the fray
mircea_popescu: this is more of the "gavin has spoken with experts" / "btcoin business support"/ "xt is going to matter" etc etc verbiage.
☟︎ mircea_popescu: The report alleges that when the analysts' complaints were initially aired, some of those who complained were urged to retire, and did so.
mircea_popescu: it's a surgery training program not a fucking daycare.
mircea_popescu: who the fuck gives a shit what some inadequate "Imogen Ibbett" felt at any point ?
mircea_popescu: cazalla don't they have overtime where you live ? 8 x 25 + 4 x 50 = 400/day not so bad.
mircea_popescu: (this in particular is a very clever ddos vehicle for the bitcoin tx relay network, because the inept implementation generates a lot of such spurious nonsense anyway)
☟︎ mircea_popescu: also getting spammed with unsolicited old blocks. about 2k/hour or so. all in the 200k range.
mircea_popescu: SigOpCount out of bounds : 4219 occurences ; nonstandard tx types : 99695 occurences.
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