210700+ entries in 1.891s
assbot:
A Private Tour of the CIA's Incredible Museum | History | Smithsonian
assbot: O hai. I was justing doing
a penetration test of your site. pe Trilema - Un blog de Mircea Popescu.
mike_c: who knows. but
A for effort, 3000 requests in
a minute.
BingoBoingo: ninjashogun Let's design an ATM card that is
a Bitcoin wallet. Who is up to the task with me. Ideas? Thoughts? Purpose: so that dumb users can just "get
a card" rather than have to learn how to set up
a complicated node on
a p2p network. They already use ATM cards. So, this is
a form factor thing. << The people who hop on -dev so srs
BingoBoingo: mircea_popescu: One of them. I dunno if he is
a ranger, but he lurks
a lot of places and interupts
bounce: this is
a weird way to follow an argument. is there
a log of -dev somewhere?
assbot: Lesley the Pony Has an
A+ Day! on Vimeo
bounce doesn't see that happen in
a bit. just like the peecee business is in
a bit of
a slump, because, well, there's only so much cpu power reasonably wastable on eyecandy.
mircea_popescu: bounce sure. but by now it takes two minutes to dld
a film and 120 to watch it
bounce: could be, but it boomed for
a goodly bit, because it could. netflix took over torrent in biggest traffic (oh woe is the mafiaa and their pr-war), and so on.
mircea_popescu: "bandwidth will double each year for 20 years because it has in
a very rare circumstance the past 10" is not unlike the way people try to sell "global warming"
bounce: so it's maybe
a bit early to decide there won't be bandwidth because there won't be drive. may be. maybe not. it's not
a given either way.
bounce: oh I haven't really kept up with that. maybe I should read up. but the point in the very general sense is that we don't know yet how we're going to waste tomorrow's bandwidth. you know, like youtube is quite
a thing these days, but only can exist because availability of >>dialup bandwidths
mircea_popescu: now this is
a very distant, removed argument. but that doesn't entirely destroy it. sure, it's useless in
a 5 year discussion.,
bounce: uncompressed hi-res n-dim medical imaging is
a good, morally upstanding way to stuff the pipe. even if it's
a bit of
a niche now.
mircea_popescu: "full image of the human person" is also
a limit, in fact. quite biological.
mircea_popescu: bounce yes, but see, just like light in glass is
a limit of the universe, that's relevant,
bounce: well, there's the thing. the phone system didn't really improve substantially until someone found
a reason to repurpose that last mile for DSL. even if that DSL now mostly carries crap better carried some other way, or not at all.
mircea_popescu: which is
a major fucking point that got neglected so far. there's this seinfeld where george tries to sell computers
jurov: thickasthieves not even
a casino, dice game
mircea_popescu: telephone infrastructure has been
a thing for >
a century.
mircea_popescu: bounce again, this is
a discussion of very prepubescent titgrowth.
bounce: worked well enough there. I'd agree that banking on
a similar thing happening in last mile connectivity is maybe
a little optimistic.
mircea_popescu: asciilifeform since you're doing all this, make
a loper's gentoo put wrapper on blog ?
bounce: perhaps interesting to see how people got started in the gene sequencing biz, and over
a couple decades have seen sequencing speeds and capacity shoot up not quite to the moon, but close.
mircea_popescu: fluffypony: such burden << if not paid for, even
a cent's worth can kill.
bounce:
a neat little cog waving his convenient plastic around?
jurov: anyway. can anyone explain to me how am i
a part of "
a sum total of the global financial infrastructure"?
BingoBoingo: mircea_popescu:
A bit of drama in the convo. Haven't finished it myself.
bounce: copper has come
a long way since then too. but anyway, if the argument was that there's some cap on the achievable max bandwidth... probably. whether we'll hit it in our lifetime and/or the end of the current civilisation? no idea.
BingoBoingo: <jurov> they tend to burn, too << Not if you make
a smarter fire.
mircea_popescu: bounce fibre possibly has
a lot of headroom yet. but so did cable, originally. point is there's not going to be
a qualitative jump like going from copper to glass.
bounce: currently on 80/8 cable. and fibre has quite
a bit of headroom yet. though for for low-latency things they're back to LoS-microwave links.
mircea_popescu: nubbins`: Apocalyptic i'm trying to figure out why everyone has their dicks in
a knot about it. nobody seems to know. ^ above should give you
a good start.
mircea_popescu: imagining you'll keep doubling bra cup into your 30s is
a little out there
mircea_popescu: in short : just because your tits grew up 100%
a week for half
a year starting on your eleventh birthday doesn't mean jack. for one thing, the first cubic centimetre happened then.
mircea_popescu: nubbins`: this is not unusual for
a first-world country, is it? << here's the problem : you went from cable to optic fibre to do that.
BingoBoingo: Maybe one month you only need
a shoebox of Benjamins. Maybe another month you need
a pallet of Woodrow Wilsons
mircea_popescu: govt wants it the other way around, so why won't we be nice people and just make bitcoin
a sort of replacement for sms payments already.
mircea_popescu: BingoBoingo but see, the question is : govt doesn't want to be
a wholly owned subsidiary of bitcoin, and used as such, with its scrip
a sort of ltc.
Naphex: ben_vulpes: (>>> Naphex: have you tried btcd?) i have btcd running on
a staging server. eats
a bit more load but deffinetly not ready to run on production. I'm still grabbing metrics from it so time will tell
mircea_popescu: and no, im not gonna think about the spooks. i couldn't give less of
a shit that some single mom's ugly children are starving because her no fee half bitcent bitbet bet didn't get into any of sixty consecutive blocks.
mircea_popescu: so one block will fit 100x as many tx, and each solved block will yield 50x less in subsidies. that's
a 5k drop over 20 years. it's high enough to kill the price, and with it mining, and with all that bring bitcoin back within the financial ability of the us.
mircea_popescu: go1111111: Gavin has
a different idea of where he wants Bitcoin to go<< no, actually, gavin has finally figured that there's not really space in bitcoin for him, and he wants to move on. which is fine.
mircea_popescu: nubbins` there's
a downloads count on github, for what that's worth.
go1111111: inflation is 'bad' if the thing that is inflating is something you're holding as
a long term store of value. higher supply --> lower price per unit. "inflation" is used two ways: increasing the supply of the currency, and increasing price levels. i'm referring to the former
mircea_popescu: asciilifeform generally, when people reference gold in relation to bitcoin it's simply
a token to represent how they do not wish to engage into
a discussion but would rather derp about some conveniently pre-prepared strawmen.
mircea_popescu: examine what you think is "clear" to get
a grip of how little you in fact understand. wtf is "inflation" ? why's it bad ?
go1111111: the bad consequences of not having
a limited currency base are clear (inflation).
a larger block size won't lead to currency inflation, but blockchain inflation and some higher bandwidth requirements. That seems to have very different consequences.
mircea_popescu: level 1 : "many people" is not an argument, because
a bunch of redditards are not actually different people. the headcount of all reddit is like, 5 people. that's not many and barely people.
mircea_popescu: go1111111: thestringpuller: many people see the potential for Bitcoin to replace much of the global financial infrastructure. i know people in this channel prefer Bitcoin to be
a gold-replacement, but if it was able to do
a lot more, it'd be pretty awesome << this is wrong on each and every level.
assbot: People! US Dollars are not worth
a fifth of
a Bitcent. STOP SELLING! pe Trilema - Un blog de Mircea Popescu.
mircea_popescu: ethereum is good for
a few weeks, then need something else, same pretense.
mircea_popescu: he's not welcome to try and hijack
a project he has essentialy nothing to do with into that swamp however.
mircea_popescu: gavin wants to have
a cryptousd he's welcome to make yet another shitcoin.
Apocalyptic: <mircea_popescu> yet somehow the bitcoin crowd is supposed to have forgotten why it got into bitcoin in the first place // that's
a recurring thought I have these days
mircea_popescu: go1111111 the arguments for
a limited b lock size are the same as the arguments for
a limited currency base.
mike_c: <+mircea_popescu> i don';t giuve
a shit what usefullness you see or don't see. << another contender for the b-
a tagline :)
mircea_popescu: mechtronic2001 it'd be
a pretty horrible place seeing how btcjam isn't too well regarded.
mechtronic2001: Would this be
a proper channel to post my btcjam funding page. It would be an investment, but I don't want to step on toes here.
mircea_popescu: i don';t giuve
a shit what usefullness you see or don't see.
go1111111: mircea_popescu: I don't see the usefulness if high fees, except as
a means to secure the network. but fees will be
a small portion of the reward to miners for
a while. low fees enable transactions to occur that would otherwise be too costly, eliminating deadweight loss
Naphex: nubbins`: storage is not that much of
a problem as CPU Time
nubbins`: that *is*
a bit of
a burden for no reward aside from
a fuzzy feeling, hey?
nubbins`:
A new Inital maximum block size such that
a full node may be run by "somebody with
a current, reasonably fast computer and Internet connection, running an up-to-date version of Bitcoin Core and willing to dedicate half their CPU power and bandwidth to Bitcoin."
Apocalyptic: <mircea_popescu> blocksize is
a scarce resource. // and it should remain so, precisely
mircea_popescu: yeah, im not making it that early. wouldnt mind asking the guy
a few q's but whatevs.
mircea_popescu: engineering is about doing things, and gavin has
a vanishingly small ability in that field, also.
mircea_popescu: blocksize is
a scarce resource. increasing it is not helping, it's hindering.
mircea_popescu: <go1111111> thestringpuller: Gavin surely knows that it adds some burden on full nodes, but the point is that it's
a trivial amount. engineering is about tradeoffs and the thing being traded off against increasing the block size is miniscule << increasing the block size is NOT
a gain. it's
a loss.
Naphex: thestringpuller: load avg on the slavenode would drop around 10x, so thats
a lot
Naphex: thestringpuller: there is
a lot of wasted CPU Time
Naphex: they just don't p2p connect to the network and only connect to
a master node
Naphex: i use this as
a "supernode" to p2p connect to the network, and use local nodes to scale
BingoBoingo: nubbins`
A while, but on low power hardware
thestringpuller: USGavin's proposal consists of significantly increasing the burden on the full nodes, while doing nothing to address the actual problem threatening Bitcoin. This, of course, is not the direction
a responsible head of
a FOSS project steers things. It is however the exact direction
a puppet of Microsoft tries to steer
a standards discussion."
thestringpuller: "Seeing how the earlier discussion actually neglected to mention
a perfectly valid alternative avenue to evaluate the idiocy of this proposal, consider that the main (really, in practical terms the only) vulnerability of Bitcoin at the moment is that while miners are rewarded for mining, relayers are not rewarded for relaying. This is
a sore oversight on the part of Satoshi, privately admitted at that, and unfort
nubbins`: maybe we should make it so
a TI-83 can run
a full node
nubbins`: running
a full node on
a fucking pentium 1ghz like an asshole
nubbins`: you see what i'm saying?
a couple years from now you'll buy an octo-core w/ 32gb ram for $500
nubbins`: is
a 1ghz pentium too much of
a burden?
nubbins`:
a piece of shit computer you can find in
a junkyard?
nubbins`: there needs to be
a minimum, yes? an abacus is infeasible?