233200+ entries in 1.761s
mircea_popescu: right but i mean of whom or what or in general, who needs to be hit over the head with the observation that the bitcoin space has had
a gaap for years and they're being ignorant.
ThickAsThieves: it has
a "Rate this Research" button on the bottom, so i'm guessing itll be on their website somewhere
bitcoinpete:
a "bitcoiner" i know from calgary is in paris atm and headed to the house of bitcoin
rithm: there's
a WU on every block
rithm: "countries" sounds like
a lot
mircea_popescu: and
a market of "hackers" let's say, ie, the sons and daughters of said iliterate peasants. who will just move to bitcoin.
mircea_popescu: truth is bitcoin is exactly going to kill them. western union has
a market made out of illiterate peasants and assimilated non-persons, which is not really worth serving per se,
ThickAsThieves: 'How much of
a threat is something like Bitcoin?' "We settle and pay out in 121 currencies ... once bitcoin is regulated ... why wouldn't we use bitcoin ... if it's regulated as
a currency" ~ Western Union CEO
rithm: as part of
a lrger operation
rithm: basically you could operate
a pool of anonymous miners that constantly roll-over and get shipped to customers
rithm: if you can tell them to fuck off, and trendon can lie to them and destroy evidence, and erik can keep all his bitcoins and fay
a minor usd fine.....
rithm: which sounds like
a terribll terribly punitive slap on the wrist
mircea_popescu: mthreat all this "we gotta say something and we have no idea what to say so here's
a collection of copypasted material with filler" shit...
mircea_popescu: quite the vibrant little community we got here. there's even
a manul in
a treehouse!
mircea_popescu: This blog is the inalienable property of the greatest mind the universe ever had, and is ever going to have. Its contents are licensed under
a Creative Commons License.
mircea_popescu: but you're right, the only current business of pseudo-bitcoin businesses
a la coinbase, bitpay etc is that they're benefiting from
a legal inefficiency, where exchanges that admit it are being fucked actively, whereas exchangesd that pretend to be paymernt processors aren't fucked quite as bad quite as yet.
mircea_popescu: or about 10 btc. while
a block is worth about 5k-10 satoshi
mircea_popescu: "
A more formalized version of this should be linked/appended to every single IPO offering on the forums as
a cautionary tale. "
Namworld:
A date with signatures shows when it was acknowledged to be changed. Such that none can claim
a specific change occured prior to that date.
mircea_popescu: Namworld if you want i can sign it for you. then whoever wants to say you changed it will also have to say i signed
a new version.
mircea_popescu: and also it's
a fine example of what'd go into the bitcoin-assets registrar of deeds.
Namworld: That and we don't provide
a default client seed, we use the blockchain transaction ID of the last deposit.
Namworld: Yes, there's
a list with months of secrets' hashes provided upfront.
mircea_popescu: the absolutely ideal system, imo, would be
a server that used the same secret for ALL PLAYERS and reset it (for all players) at any player's request. but this poses problems for anon players.
Namworld: There's
a single server seed for all users for the day... with its hash predisclosed. It would be pretty much impossible to reasonably find another seed that matches the hash...
mircea_popescu: 1.2 btc bet comes in. server looks at results,
A wins, B loses. server picks its hash as B and reconstructs the merkle tree
mircea_popescu: ie, either "
A" or "B" would give the 0.1 and 0.2 bets same results.
mircea_popescu: server seed is "
A". 0.1 btc comes in, is calculated. wins or loses.
Namworld: They could steal
a few thousands extra BTC on large bets which might not seem too odd until it's too late.
Namworld: It doesn't help much if the system is targetting accounts with large balance and stops cheating after
a small sample/when the large balance isn't making large bets.
mircea_popescu: client's last deposit tx is good, and
a lot of space in there in the block in case it's needed.
mircea_popescu: Namworld "No, you wouldn't be able to notice that the website, across all players, has
a much higher house edge than 1% which is unlikely. It's easy to fill with fake "lucky" account to compensate " << you could notice it over your own experience.
mircea_popescu: punkman i never got bacarrat, but you know what might be
a good idea ?
Namworld: At least there's
a large, targeted audience there.
Namworld: Yes, it should indeed be
a requirement to have such an external tool for current venues.
mircea_popescu: Namworld stop being stubborn. if you put up text like that you need
a blog. how's someone going to comment on it for instance ? how's someone coming in 1 year know what was already commented ?
mircea_popescu: 1. Client changes the seed after each new server seed, before every bet. He doesn't know server seed, so seed he provides should give
a random number. (Painfully tedious, few actually do it, but for those who do, provably fair.) << prolly
a bot that does this would be useful.
punkman: I want to make
a nice provably fair baccarat game. Get all those chinese bitcoins.
Namworld: So I'll probably do
a public campaign concerning all venues.
pankkake: I have another post coming :D I've deciced against
a third by inserting it in the second
mircea_popescu: remember that guy
a year or so ago threatening to kill kako's plushie toys
pankkake: "For the record,
a boatload of neckbeards doesn't pay for one single financier. This because tech people actually are humanly inferior to money people. They're less of
a person."
pankkake: assetters would simply declare that light is
a scam
rithm: like i can take
a few pics and select
a theme and boom slideshow
mircea_popescu: mike_c: how many assetters does it take to screw in
a lightbulb :p << how do you fit
a girl in
a lightbulb ?
davout: mircea_popescu: "we heard you like dns, so we put
a dns server in your dns server ..."
mircea_popescu: reading the logs, you bunch have been at this "let's fuck up dns" for
a while by now huh
pankkake: can we have
a 20 year bitbet against global warming?
chetty: mircea_popescu, I was amused at the great scientist asking folks to prove
a negative :P
mircea_popescu: rithm: ok so firstly, bitcoin bought all of this <<< was it more than
a car ?
assbot: Want to Disprove Man-Made Climate Change?
A Scientist Will Give You $10,000 if You Can | TheBlaze.com
punkman: I'm just glad I'm not
a sysadmin
davout: punkman: -assets currently looks like
a bunch of medieval doctors putting leeches on
a guy with
a broken ankle
mircea_popescu: punkman what's
a standard for if not pissing all over it ?
punkman: "It is important to know that NS records are only responsible for defining the names of DNS servers within
a zone, i.e. they do not represent IP addresses,"
mircea_popescu: you know, "why do i get
a fail message when im not doing anything"
davout: mike_c: curious as to why i'm getting
a servfail when not asking your server directly
mike_c: dig -t
A seeds.therealaltcoin.org @54.197.241.190
davout: i'm asking for an
A record
mircea_popescu: BingoBoingo: thestringpuller: It's
a small offering? Or maybe people want shares FIRST!!! << it's tiny, 15 btc total.
davout: mike_c: dig
A seeds.therealtcoin.org @54.197.241.190
davout: ThickAsThieves:
A record for that, on mike_c's server
Apocalyptic: <mike_c> in order for clients to query it, the root domain needs to list my server as
a nameserver for seeds.atc // you're sure ?
mike_c: in order for clients to query it, the root domain needs to list my server as
a nameserver for seeds.atc
mircea_popescu: ThickAsThieves: maybe thatll be on his grave << what should be on his grave is "I thought I knew shit, because I used to be
a shithead. Now I know better, but what's the use, I'm already shitlisted."
mike_c: davout: I am running
a nameserver for seeds.atc
jurov: not if one pays another 100% for filing
a debt claim
davout: punkman pankkake if what's needed is load balancing, or failover, multiple
A records for the same domain would do just fine
davout: punkman:
a i see, you want
a dynamic
A record for seeds
mircea_popescu: "you have two problems. the government takes one and gives you
a cow. now you have three problems."
pankkake: well despite knowning the thing I have
a hard time following the discussion
davout: i feel like i'm going down into
a confusion vortex
pankkake: the "format" for the altcoin client is
a DNS reply
mircea_popescu:
a second later it comes through they're screaming "goal!1" but that second...