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mircea_popescu: yes each planet must have its own local bitcoin necessarily.
mircea_popescu: we're not discussing that point, i already conceded i have nfi.
mircea_popescu: this given, the design proposed is a) expensive to abuse and b) self-limiting, in that the larger you make the blocks, the more you have to fill.
mircea_popescu: so a ratchet is necessarily, and indisputably, and by unfixable design the only way to do that.
mircea_popescu: having a freefloating system is in fact breaking a fundamental design promise bitcoin made when it introduced mining,
mircea_popescu: but to get back to the ratchet thing : it is both impossible and a very stupid idea to have freefixing for bitcoin block size. because the network is trivial to disrupt when it comes to mining difficulty (by design and deliberately), it will guaranteedly be moved down to 0 over time and the defense's necessarily too expensive.
mircea_popescu: that explains it anyway, spain's got no gold in the ground.
mircea_popescu: iirc that was ro's gold. whence did spain even have an ygold.
mircea_popescu: "they're not smart, like us, to let their cognitive wings spread free in the intergalactic voids of abstraction"
mircea_popescu: "stupid things stupid people tend to be preoccupied with".
mircea_popescu: delivery and washing dishes are in about the same esteem.
mircea_popescu: irl, settlement's a paperwoirk affair and actual delivery is much disconsidered. as a token of the fact that everyone involved would muchly want reality to match their representation to the degree of absolute identity. so they desconsider the later.
☟︎ mircea_popescu: it's not called settlement, it's called delivery. settlement is sitting down and agreeing the paperwork.
mircea_popescu: sometimes they sell and sometimes they buy on mkt tho. with delivery.
mircea_popescu: i would guess there's to the tune of 1mn interbank PM physical transfers a year worldwide. i don't think i'm qualified to answer either, but i will swear to your benefit the real figuree's closer to 1mn than 1k no prob.
mircea_popescu: because one hour i spent in the ro vault, which is a tiny affair, saw three transfers underway.
mircea_popescu: do you imagine this bullion thing as it "Should be" or do you have direct experience ?
mircea_popescu: it IS technically possible we still see technological progress.
mircea_popescu: otherwise it costs you like the first blk0001 cost you 500gb
mircea_popescu: well, it only costs you if not filled onlyt if tyou biutcoinfs
mircea_popescu: if "enemy" holds a significant portion of the last 1% of blocks mined, how is he the enemy.
mircea_popescu: my position being very much like ascii_field's : not clear this is needed and dubious it's a good idea before the two get hanged. but op may disagree ? i dunno.
mircea_popescu: ascii_field as to the later, no reason. as to the former, no idea. i suffer from the disease of all cerebral beings, of enjoying the consideration of abstract problems in no direct relation to their practical utility.
mircea_popescu: you know i have trouble picturing you telling some random woman to fuck off ?
mircea_popescu: lol. it is kinda the retard path. prolly come up with some fixes first tho.
mircea_popescu: nah, riccardo is a suspicious guy sending paypal donations in clear violation of maritime law.
mircea_popescu: "specializes" seems to have lost a meaning sometime in 2004.
mircea_popescu: "Sonya is also Founder and Director of two Hats a design and development company that specializes in corporate branding, print design, web design, web development, mobile/responsive web development, e-commerce services, business analysis, search engine optimization, social media, Google Analytics, Google Ads and E-Marketing."
mircea_popescu: so tell her "listen, i want to hear the speaker to i can mock him as well."
mircea_popescu: "Sonya is an entrepreneur and founder of Bitcoin Payments."
mircea_popescu: of course this would also trash the fixed size blocks-powered bitcoinfs
mircea_popescu: anyway, if anyone got a github account, leave a link to this convo on there, curious if sipa/anyone groks wtf's going on.
mircea_popescu: and back in the day you'd get flunked in undergrad sys design for shit like this.
mircea_popescu: but anyway - the fucking magic number should have been in block headers not in a c file.
mircea_popescu: a noob saved a word ("who would need 1000000 repeated each block!!!") and in the process made the design much dumber.
mircea_popescu: only sane way to have a data struct is if it begins with "hello, this is a struct, will take no more than x of your space kthx"
☟︎ mircea_popescu: and when you allocate memory, same ? you just count the bytes you used ? AFTER YOU DID ?
mircea_popescu: who the fuck looks at a list and goes "a it's ok, don't need header referencing the size, why would you."
mircea_popescu: (why the blocks were designed to not contain a summary bytecount of their own variable content i nthe first place is yet another example of the "satoshi was not much of a designer" thing)
mircea_popescu: but anyway, yes, if we're to keep state the only sane way is to put it in the block headers.
mircea_popescu: irrespective of what "the very talented" "core developers" think, this will not be a simple or easy change. it will require a lot of touching,
mircea_popescu: punkman you'll never get consensus behind "random number".
mircea_popescu: it'd have to look a lot more like the above than like anything i've seen,
☟︎ mircea_popescu: but, if a solution to this problem, admitting it is a problem, and admitting a solution can be had, is to be had,