214000+ entries in 0.136s

mircea_popescu: if your idea of "i want
to spend my dime" reduces
to "well, have a mining farm" suddenly
the whole
thing's ~useless.
a111: Logged on 2017-02-23 18:58 mircea_popescu: asciilifeform
the important point
there is :
the whole fake bitcoin address (3something) is supposed
to be "useful" in practice.
this utility is supposed
to be proven by idiotic "challenges" like
this one put up by peter
todd. EXCEPT
the output does not actually SIGN
the
transaction claiming
the bounty.
mircea_popescu: it's also possible
to go "oh, go ahead and spend your bitcoinz lel"
mircea_popescu: again, at
the
time ppl cpumined on
their node-miner-wallet nobody noticed
the difference.
mircea_popescu: consider
the case of
the web, also a major application in need of a debottler. how do you know whether you connect ot
the internet or
to
the
tomcooknet ?
mircea_popescu: for all you know
there's 45 different bitcoins going on right now, separated by a so-far universally permeable membrane.
mircea_popescu: "how do i know i
talk
to nodes
that are representative ? cheaply and easily ?" for instance.
mircea_popescu: the g has a decent debottler built in ;
the
trb-i does not, and needs a few.
mircea_popescu: what we don't really have is
the stuff
that we really need, such as debottlers.
mircea_popescu: and
that's also why
the hope of
the beta bois whining around "nrx" because "girlz be mean yo" is so well set
to be disabused. more market, not less, is
the future.
mircea_popescu: that's why i aim
to buy
the arab girls rather
than convert
to islam.
they can keep
their fucking ethnosocialism.
mircea_popescu: the pill
to socialism is market. make
things marketable, no further problems.
☟︎ mircea_popescu: it can be priced see. if i wish
to pay a
ten bitcoin fee, i
thereby have
the right
to make my
tx last into
the eons
mircea_popescu: anyway, no need for "desried block" and "max block" both. just
the latter suffices.
mircea_popescu: wasn't so obvious back when ppl cpumined on
the single windows binary
mircea_popescu: it inadvertently forces a node-miner
tandem ("you don't like
the mempopol, fucking mine it already")
mircea_popescu: for one
thing, very poor impedance match with human
thought processes.
trinque: would release but
the
thing doesn't need more legs
mircea_popescu: yeah. it was you know, so clunky and unhip, at
the
time.
mircea_popescu: incredibly prescient choice on mod6 's part with
the .seals design
trinque: mircea_popescu: ah yes I do. I'll need
that pgpdump guy, store what's extracted from
the key
mircea_popescu: trinque it's more
than
that. must make sure
the pubkey you wrote includes nothing but itself. one modulus.
trinque: whereas now I'm asking
the keyring
trinque: mircea_popescu: right, register in
this case would write a pubkey somewhere once, and always use
that as
the nick:key association
mircea_popescu: asciilifeform
this existed historically, on say call bills etc.
mircea_popescu: trinque my concern was more in
the vein of, i don't want deedbot
to answer with an item crafted as described
to a !!key command
mircea_popescu: which'd have required me
to ~know something~ about
the fake network.
mircea_popescu: if
the network worked as you describe, i'd have had
to choose on which network i wish
to spend.
mircea_popescu: let's see. i have a bitcoin.
the network forks. i spend
the bitcoin.
the spend is valid on both networks and
thus included by both networks. in different blocks.
mircea_popescu: because
the same
txn was acceptable
to both fork and real network.
mircea_popescu: see,
the fact
that you don't have
txn as you describe is what allowed me
the "you will die if you fork"
threat last year : i don't have
to know jack about
their chain
to murder
their chain.
mircea_popescu: it suspiciously reinstills socialism in
that it creates a very strong incentive for... all castles
to... work
together. because "first
they came for
the germans" usual bugaboo of socialist propaganda
to
try and dissolve
the outer membranes of
the individual organism's cells.
mircea_popescu: somewhat in
the same way a retarded child who buys
things but always ends up using
them as if
they were icecream doesn't
thereby realise he's retarded.
trinque: or, messenger has
to have privkey
mircea_popescu:
http://btcbase.org/log/2017-02-25#1618154 << it's so funny, at least
to me,
the sheer wastage of resources usg oligarchs engage in.
they keep buying
things, which
they don't understand, on
the expectation
that "we;ll find a use for
them".
they do. it's ALWAYS
the same one. somehow
the fact
that i know in advance what it'll be doesn't inform
them as
to
their horrible strategic position.
☝︎ trinque: net blockade == no
transactions smuggled out
trinque: imagining one under attack, it could certainly prevent him from blasting coin
to another castle before defeat
mircea_popescu: whether
this is desirable or not is very much an open question, but it is
too early yet
to weigh on
the matter.
mircea_popescu: anyway.
the main problem, barely conveyed by
the "canned
tx"
thing, is
that if you require
the user
to know more
than his privkey
to make a
txn, you make usage a higher bar
than it is now.