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mircea_popescu: much like any two bit bitcoin-wallet / what have you, their time to "be hacked" will come.
mircea_popescu: fluffypony in any case, comparisons with dead cows like zerocoin, coinjoin etc aren't interesting. i'd like to hear a comparison with bitbet mixing, which is to my eyes the golden standard in bitcoin anonimizing of chain-visible transactions.
mircea_popescu: zero coin seems to me exactly designed as a lizard hitler back-up, "alt-bitcoin" bs.
mircea_popescu: Other issues with ZKP include the RSA private key used to initiate the accumulator, which must be trusted to be destroyed by the generating party. << for the record, this isn't "other issues". this is enough to render the entire thing a joke.
☟︎ mircea_popescu: now, it's true that the first time around (ie, bitcoin), i spent my own money/time to get it researched. but expecting the same be done the 2nd time around is unreasonable.
mircea_popescu: still, from the other pov... fuckall knows what's in there.
mircea_popescu: for this reason, monero's choice is reasonable whatever anyone involved may personally believe - because bitcoin already exists
mircea_popescu: i happen to believe the later's the case, but i would certainly regret to see the alternative viewpoint bereft of an experimentally available venue, because i am by no means certain this is so.
mircea_popescu:
http://log.bitcoin-assets.com/?date=26-05-2015#1145932 << the problem with finance isn't "that there exist numbers" but "that there exists unknowns". fixed inflation is not fundamentally different from zero inflation just as long as the inflation is known. which of the two is more convenient (and it's purely a matter of clerical convenience) reduces to a discussion of whether humanity is an ever-expanding cancer or a c
☝︎ mircea_popescu: you'll never be able to go to the moon with just the two pairs you got!
mircea_popescu: or numerically, the confidence that none is prime is something like 97% or thereabouts.
mircea_popescu: Apocalyptic in retrospect, the discovery that out of the 89 so mirrored factors, any more than 0 are ~actually~ prime would contradict reasonable expectation significantly,
☟︎ mircea_popescu: that's it. fuckall i give a shit about whatever any woman hummed in any circumstance and whatever tree or bird or wheeltrack through the mud.
☟︎ mircea_popescu: the most that can be said of a number produced through taking a composite (moduli are composites - of two primes yes, but composite) and applying the 32bit mirroring process is that you'll obtain an odd number. that's it. the probability of a number that large being prime is roughly speaking n/ln(n)
mircea_popescu: Apocalyptic the expectation would be that it'd be divisible by 32bit-shifted 1 + 1, ie 100000000000000000000000000000001 ie 4294967297
mircea_popescu: Apocalyptic because if you take 84357349875 and make it 883377448877 then it necessarily will be divisible by 837487
mircea_popescu: the sun's the marketplace for some nucleons trading out energy.
mircea_popescu: first off, a market is not a "device". a market is a PLACE. second off, markets exist in unfungible goods - fungibility is not involved. third off, markets exist ONLY with currency, which IS NOT a good. on it goes.
mircea_popescu: "Of course, we can't understand prediction markets until we understand markets. A market in any two fungible goods, A and B, is any device for discovering the A/B ratio P which equalizes D, the number of people who want to trade P units of A for one unit of B, with S, the number of people who want to trade one unit of B for P units of A."
mircea_popescu: anyway : mirrored moduli will necessarily have a factor of the form 0x00000001000000000000000100000000000000010000000000000001000000000000000100000000000000010000000000000001000000000000000100000000
mircea_popescu: well, sure, there could be all sorts of classes, but there's no call to poke at crabs with a window wiper.
mircea_popescu: ascii_field and you don't see a case where such a modulo would not be detected owing to the happenstance that it shares no factors with other keys ?
mircea_popescu: i suppose this would be equivalent, if in fact the moduli were uniformly mangled by the shifting.
mircea_popescu: if it does, you know all those factors are in keys. if it ends up equal to y, y < x... you've excluded some.
mircea_popescu: ascii_field but be this as it may, the "won't work" part is much more interesting. wjhy wouldn't the pre-salted keys not work ?
mircea_popescu: BingoBoingo "unclaimed funds would be reduced by 25% per month until there was no balance." << somebody skipped stochastics 101 i take it.
mircea_popescu: moreover, if they did, the result would have to be a divisor that's more like 1 00000000 1 00000000 1 00000000 1 00000000 1 00000000 1 etc.
mircea_popescu: the divisors ? yes. problem is, if you look at the moduli they don't actually follow that pattern exactly throughout
mircea_popescu: i dunno, i just cursorily looked at it and didn't expect on the strength of what i saw to actually have DIVISORS that are 32bitshift-and-add
mircea_popescu: well, that 2nd line is all messed up. so first 3 identical, plus 1 on the prev line at end. ok.
mircea_popescu: jurov in any case, the dumbass "prediction market" thing has a core of rabid fandom, sort-of like whatever subcultural obscura
mircea_popescu: amusingly, the schrodinger letter to the adolf hitler university senate is not to be found in english
mircea_popescu: note that im not proposing he's any worse a physicist for it.
mircea_popescu: asciilifeform sure, no find me the "Dear judge fuckwit" bit.
mircea_popescu: everything else, including dance, is performance. this is merely being.