log☇︎
258500+ entries in 1.909s
bitmia: cause it won't be A) less of a hassle
BingoBoingo: bitmia: Why not have people authenticate by decrypting or signing a challenge, like gribble does?
bitmia: I see where you're going with this, it's simply a pain in the ass to do multisig
bitmia: decrypting a pgp encrypted message?
BingoBoingo: bitmia: This confusion you are showing you you use words like privkey and automatically sign, is a common one
bitmia: BingoBoingo: encrypt buyer's privkey on the server using his password, automatically sign the transaction with the seller's key, show the buyer a flashy "finalize" button?
BingoBoingo: bitmia: Well, what ways are there to do what multisig does which would be both A) less of a hassle and B) accomplish your goal more effectively
bitmia: BingoBoingo: so what do you consider bad in doing a multisig one? usability?
ThickAsThieves: http://www.reddit.com/r/Bitcoin/comments/20pnl2/a_hacker_defrauded_an_ottawa_bitcoin_exchange_of/
bitmia: when people are forced to take a leap of faith, conversion suffers
BingoBoingo: bitmia: Well, either you can be trusted to run a marketplace or you can't. Maybe some people trust you and some don't.
bitmia: well, at least some hot wallet protection + a guarantee we won't run with user's money
LordPutin: i'm so scared, i failed her as a father
BingoBoingo: Nothing can promise positive returns on the timeline of soon. Not even things which might probably realize a positive return on the timeline of, quite a ways in the future.
bitmia: so ugh, I've been skimming the logs for quite a while. there's no point in doing a multisig Bitcoin marketplace, is there?
BingoBoingo: "Soon" is really much too short of a timeline to invest for.
ThickAsThieves: a job?
LordPutin: so um whats a good investment?
BingoBoingo: ThickAsThieves: There's always at least a third angle
BingoBoingo: ThickAsThieves: You'd think that without a delimiter, some Portugese cities might be on the list...
BingoBoingo: Oh, a Jewish New York retiree then?
ThickAsThieves: BingoBoingo, I have a feeling that nationality of the creator plays a part in their interest in LTC
ThickAsThieves: in a few days we'll all be Creep Show moss monsters
ThickAsThieves: they have a phone number
ThickAsThieves: mostly related to representing them via a passthrough
ThickAsThieves: I suspect AM's gen3 chips will hit the scene in a week or 3
mircea_popescu: was a bet about 10% neh ?
LordPutin: they have a good quality
Mats_cd03: i hear mircea_popescu is a fashionista
Mats_cd03: i hope you have a tie on
LordPutin: does mpex have a internship program?
Duffer1: actm is a never ending labcoin
dexX7: jurov: i don't think so, but i'm surprised, too. http://www.coindesk.com/bitstamp-got-10m-fortress-linked-hedge-fund-last-year-bloomberg/ this is a more detailed article, but still doesn't mention ripple's role. guess they also received a slice of the cake.
LordPutin: lol why are people buying neobee? danny is in a coma
ozbot: I met a certain Senator Al Franken this weekend and my friend saw an opportun
mircea_popescu: a, no.
mircea_popescu: this being written as a sort of pulp fiction-esque prequel of today's lineup.
cazalla: stumping up 8k for the design might be a cover for that
mircea_popescu: (under his aol contract he can't possibly start a pando)
mircea_popescu: i will have then owned a sheep worth 10 dollars + 10 mnore dolars in unrealised gains.
mircea_popescu: if i own a sheep worth 10 dollars today, and the fed prints another 20 trillion dollars
mircea_popescu: "thereby halving the value of cash savings, and piling a ton of taxeable "capital gains" on your non cash savings"
benkay: a ty
benkay: trying to figure out the knobs on the "how to get coffee made for me and a whole bunch of other shit done too for not a terrific amount of money"
mircea_popescu: a good office manager can be worth a lot
mircea_popescu: as a business concept.
mircea_popescu: and this is a start-up, by some journo chick which supposedly knows what time it is.
mircea_popescu: 8k for a wp "design". you hear me ?
mircea_popescu: I’ve paid a WordPress designer named Sara Cannon $8,000 to build this site.
benkay: we do shit for 50-100k that woulda run in the millions a decade ago.
mircea_popescu: the disadvantage of being a loyal servant of a small yet arrogant country.
gribble: Clifford Cocks - Wikipedia, the free encyclopedia: <http://en.wikipedia.org/wiki/Clifford_Cocks>; Q&A: The encryption pioneer who was written out of history ... - PC Pro: <http://www.pcpro.co.uk/news/security/361669/q-a-the-encryption-pioneer-who-was-written-out-of-history>; Wired 7.04: The Open Secret: <http://www.wired.com/wired/archive/7.04/crypto_pr.html>
benkay: (i give it a 1/10 - fukken blasted from a weekend with family; barely capable of satisfying the one i have)
benkay: ah so then i guess not really a product of the usg then, mircea_popescu
mircea_popescu: this is actually a very good point. putin also gets his news early.
asciilifeform: mircea_popescu: 'wisdom is hopping on the train a day before everybody else' (leo szilard)
mircea_popescu: they may add a say 30% surcharge for any us exports just for fun tho.
asciilifeform: 'Russia promised to respond “symmetrically.” In its arsenal is: popping the huge financial bubble and causing a resumption of the financial collapse of 2008 by any number of means, from requiring gold instead of fiat currency as payment for oil and gas, to dumping US dollar reserves (in concert with China), to putting the EU on a fast track to economic collapse by giving the natural gas valve a slight clock
mircea_popescu: "The two versions of Russia—McCain’s “gas station masquerading as a country” and Lake’s fearsome conqueror—both start from the same bitter knowledge, even if Senator McCain and Mr. Lake will never admit that fact in public. It’s a simple one: Russia will take Crimea, won’t pay a big price for it, and there’s not a thing anyone can do about it."
mircea_popescu: and that, for the first time since 2008, is actually a clear path tho the end.
mircea_popescu: because if they do hold enough they're going to trigger a contest with the chinese as to who dumps them first
chetty: Is there a bitbet yet on when it formally becomes war?
asciilifeform: 'Limonov and his friends consider themselves Russians, because to them, Ukrainian is a “village tongue,” a peasant language, and its most vivid expressions are of the endless hatred that filled every one of the many tribes on the grasslands, like this one: “Into Muscovite, Polack, and Jew/Take your knife and stick it through.”'
mircea_popescu: they probably lost a hard drive, didn't have a proper array and can't restart till they fsck
mircea_popescu: ;;later tell benkay "the secret discovery of these techniques was for the Tyrant merely a happy accident" << it was in fact. rsa was invented by some brit guy, kept under lock and key unused for 4 decades.
mircea_popescu: meanwhile back at the ranch, bitbet invented a whole new kind of hell.
benderp: so i dunno what happened but i pooped out a 3kword monster
mircea_popescu: "OP, I know cryptostocks makes it seem as though starting your very own security is a sort of past time accessible to anyone who'd like to try, sort of like adopting a pet fish. This has nothing to do with bitcoin securities in fact and everything to do with play-pretend exchanges exploiting those who'd like to try but aren't ready for one reason or another."
mircea_popescu: this pando stuff is like a breath of fresh air, it almost reads like press from before digital ruined it all.
ozbot: Warren Buffett says he wants to pay more tax (then structures a deal to ensure he does the exact opp
mircea_popescu: http://pando.com/2014/03/17/warren-buffett-says-he-wants-to-pay-more-tax-then-structures-a-deal-to-ensure-he-does-the-exact-opposite/
dignork: asciilifeform, i tried 3-axis chip, it had a huge margin of error on a toy q-copter :(
asciilifeform: (phased array using squadron flying in a triangle 1km on each side, say)
mircea_popescu: many countless ways to throw camnav for a loop, including lulzy things like silly strings
mircea_popescu: "you need to hit whether there's been a fire or not"
mircea_popescu: a lot of their spec is edge cases tho.
asciilifeform: mircea_popescu: one could probably get within 1% of 'gps' by using camera and images mooched from a crawl of 'google earth'
asciilifeform: in the '80s, there was quite a bit of $ spent on navigation using optical terrain tracking.
asciilifeform: (i'm not a model plane driver for a living, i only know the ones that every idiot knows now.)
asciilifeform: for a similar reason.
asciilifeform: mircea_popescu: they can sack them, they can shoot them, a kid with $100 of kit can still take the next toy plane home.
ThickAsThieves: do you think a scientist stating evolution is a fact is arrogant?
mircea_popescu: "Two U.S. Air Force commanders in the 422nd Air Base Group at RAF Croughton have been relieved over a loss of confidence in their abilities."
mircea_popescu: so now stfu for a few months and spend hours reading the logs.
mircea_popescu: ideally you want a 1k to 1 read:written lines ☟︎
ninjashogun: When I had been coming in here it was following an experience over a similar channel (related to doge) on a loan. As someone here (asciilifeform?) explained, I should have 'no problem' getting a loan of $20K. In fact I did have "no problem" on it, but in the end I couldn't collect it, and had come in here over a few days to see if anyone were interested in the same.
bitcoinpete: ThickAsThieves good call. deleted that one and did a text one instead: https://news.ycombinator.com/item?id=7419618
ninjashogun: Duffer1 - it' snot 'mine'. It's a feature suggestion for the cardano v2 or v3. it's still the cardano. 95% would be the same, including the basic invention that they described.
ninjashogun: anyway I'd think there's a market for in-between, people (like me) who don't care that much, but would rather not keep a key on a PC
dignork: ninjashogun, let's say it's a complicated attack, and it costs 1M$, which you don't have, then you can safely assume you shouldn't care :)
ninjashogun: I'm currently developing a wireless version of my prototype, and it is true that I am still learning it.
ninjashogun: it's just that a CPU does so much, you know? it's 2 or 4 cores at 4 ghz with megabytes of just CPU cache and then hundreds of megabytes of active ram and programs
ninjashogun: I guess I could radically underestimate how much CPU state a wifi transmission can carry away.
mircea_popescu: you're in a very poor position to evaluate any of these contingencies.
dignork: ninjashogun, that's because a) people store useless trash on their systems and don't care/ b) they calculate the risks and live with it
ninjashogun: dignork - if what you are saying is true than there should be a huge market for a USB wifi stick that is just 8 feet of shielded USB cable with a power conditioner on either end, so that your wifi transmission happens the fuck away from your CPU.
ninjashogun: asciilifeform, I don't even mena to "sign" a single document. Just to transmit it. And receive back hte signed version.
ninjashogun: asciilifeform, further, as a practical matter you are not being asked to transmit a real key. You are just transmitting a stupid session key that is used to sign a single document. And if that session key is used in javascript, which is VERY far from the metal (it's a VM, running in interpreter, JS running in a C++ program, firefox, running on Windows) you would have to have insnae precision on learning exact CPU state.
ninjashogun: asciilifeform, I get your point but obviously if you can learn a single bit of a key, you can learn them all. Not one bit should be leaked, ever.
asciilifeform: ninjashogun: your second homework is to play ussr national anthem using a pc, c or cpp program, and a shortwave radio.