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mircea_popescu: thestringpuller btw, how does it feel to like hit it with article ?
mircea_popescu: "a well, bitcoin was a great idea, unfortunately it failed. clearly ron paul can't win office"
mircea_popescu: so then ? huge instablocks, miners running into the disaster of textile
mircea_popescu: asciilifeform you understand what the bloom filters thing is supposed to do AFTER that right ?
mircea_popescu: BingoBoingo seems qntra is doing pretty well these days huh
mircea_popescu: so their attempt to fork bitcoin escalated, because before they can in earnest get to that, they have to resolve a namefork
mircea_popescu: so they'd rather it be mpcoin vs "bitcoin". except... if the gavincoin chain fails, this in effect renames bitcoin after me.
mircea_popescu: no really this shit is beautiful. so, libertards that think they're part of bitcoin come up with the idea to fork bitcoin to make it moar libertardcoin. mp says "fu and your gavincoin". now, they do understand that leaving the issue as bitcoin vs gavincoin pretty much settles the propaganda angle.
mircea_popescu: "mp got bitcoin renamed in his honor by not doing things! now that's the true entrepreneurial spirit!"
mircea_popescu: but it's how they're bringing "hope and change" to bitcoin, or w/e it was they were bringing.
mircea_popescu: bvut the recent openss; ecdsa library issue ? it's because they pulled "ecdsa"
mircea_popescu: asciilifeform the original complaint was more of a "we include names, do not know what code they stand for"
mircea_popescu: kinda a resplendent showcase of why one does not really want to be on the side of idiots.
mircea_popescu: i doubt it was ever in history the case that idiots supporting something did so much damage to it by its attempts at supporting it.
mircea_popescu: i think that may actually be required for people with no better source of b complex / colon flora
mircea_popescu: davout ever showed you the alleged "salmon" that was jet black ?
mircea_popescu: plenty o\f restaurants bring them open to the table tho
mircea_popescu: "This is one of the shittiest pieces of fear mongering I've ever read. Hard forking is and should be a natural and regular occurance and never has any hard fork ever threatened the block chain. It's called natural selection. Have a little faith in the educated masses"
mircea_popescu: "This guy owns enough BTC to crash the price to 0 on the fork if it develops. Basically imagine launching an altcoin that starts out with the current blockchain as genesis. Then imagine a huge holder acting to destroy this altcoin to protect the original Bitcoin."
mircea_popescu: ima ask the sec to give me 50k i apparently paid them ?
mircea_popescu: then it sudden;y won't ever be a topic mentioned again by the ~500 or so fake reddit accounts working at creating "consensus" of "the community"
mircea_popescu: adlai yeah, all this "satoshi this satoshi that" will be heard until the 1mn hoard quietly splits one night.
mircea_popescu: "Dude that runs Mpex is a crazy narcissist that happened to get rich (if he cashed out) from being an early adopter. I think the MPEX buy-in was 10k coins just for a seat at the table even after the price hit $30. He also just consented to a $50k fine from the SEC for selling unregistered securities."
mircea_popescu: "However, I also expect Bitcoin to become a) more forgetful and think that b), there could be a systems that puts the burden of validating a transaction on the sender of the transaction instead of the network. So that maybe, maybe, in the more distant future, all that needs to be kept of the decentralized blockchain are the headers, which is less than a CD-ROM full of data for 100years."
mircea_popescu: dude, reddit really likes being educated, provided the "education" in question consists of telling them how great and important they are.
mircea_popescu: ny how they define "THE community" linking between blogs of handful of people.
mircea_popescu: Gavin educates, make his points and tries convince community without antagonizing anyone. Popescu is probably the biggest jerk in the community, and his flock are such a dickheads that I'd be happy to see them using separate chain just so they can circlejerk and pretend they are the kings of the crypto-word in their own sandbox. Anything they write is so repugnant, that it's just impossible to argue with them. It's fun
mircea_popescu: the fake bitcoin foundation is going to make it for two years ? bwahahaha gimme a break.
mircea_popescu: "This is how the max block size will be increased, hopefully with the same 2-year delay. By the time the change actually happens, everyone will be using a client with the new rules because that's the only type of client that will have been advertised on bitcoin.org and elsewhere for 2+ years. You'd have to go massively out of your way to download a version without the new rules."
mircea_popescu: davout if proof was needed that the 'teh-code-is-teh-spec' approach is fundamentally braindamaged, well, look no further <>< clearly. not to mention the recent ecdsa openssl debacle, which is pretty much exactly a replay of the bdb stuff. "oh, we included code but we had no idea what it does" sort of approach to code-is-spec specwork
mircea_popescu: what people knew about it was important then, but is not really germane
mircea_popescu: <sgornick> The (bdb) rule wasn't (widely) known before v0.8 caused the fork, but it was coded into v0.8.1. << it is technially correct to say that the 8.1. version is in fact more restrictive than the pre 8.0 version.
mircea_popescu: inasmuch as the old thing is bitcoin, and the new thing some shit gavin made.
mircea_popescu: <sgornick> First, gotta get some vocabulary simplified. When we had the unplanned hard-fork March 2013, we had the protocol "pre-v0.8' and "v0.8" . What do we call this protocol with the hard fork implemented vs. that without the hard fork (i.e., unchanged? ) << bitcoin vs gavincoin.
mircea_popescu: that's exactly it, in the quest to "we promise to over-react, please re-elect us" the socialist politicians are stuck moving the goalposts in the future. their ideal pov is to resolve problems for which no being alive can now hang them
mircea_popescu: <davout> trying to solve other people's problems that don't exist yet, the recipe for success :D <<< kinda the meat and potatoes of socialist government eh.
mircea_popescu: there's a system where you only fly if they have empty seats, costs bupkiss