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mircea_popescu: arguably ircd isn't really any of these, but going by intent rather than practice.
mircea_popescu: artifexd it's supposed to replace ircd as a secure, fast and reliable means to communicate directly with others.
mircea_popescu: it's akin to saying that there's child porn in the blockchain. yes, of course there is.
mircea_popescu: they can sort-of push the levers, they can send over diddled code to whatever "specialists" never to be heard from again,
mircea_popescu: i don't expect "the freenode folks" have technically very much at their disposal. this is the thing, frozen since the days lilo walked the earth.
mircea_popescu: anyway, go read the log, come back in half year or thereabouts.
mircea_popescu: asciilifeform how would someone know if sometyhing's a mistranslation absernt source matrerial ?
mircea_popescu: "Saudi Arabia shipped 54 percent of its crude oil exports to Asia in 2013, with another 17 percent to the United States, according to Saudi Aramco's annual report. It shipped just 5.4 percent to Europe and 6.7 percent to the Mediterranean. In total, crude exports ran at 6.8 million bpd."
mircea_popescu: Burn the castle, storm the keep, kill the women, save the sheep.
mircea_popescu: i always hope on the side of getting to do some raping. and pillaging.
mircea_popescu: and the us muppets are currently shivering to death in a "democratic" ukraine that CLEARLY had to have its block sizes increased.
mircea_popescu: the us has a lengthy history of getting involved in wars it can't afford
mircea_popescu: the "coinbase" tx is the tx that pays the miners for the block mined, that 25 btc
mircea_popescu: thestringpuller the lulzy part in there is "clearly the thing that's not needed but we kept repeating that it is, is in fact needed. because...uh..."
mircea_popescu: otherwise, it's as good as the argument that "my horse doesn't need to eat"
mircea_popescu: Apocalyptic kako's argument needs a "and the govt will print money and give it to them. forever" companion.
mircea_popescu: the block rewards keeps going down. how are they going to make money if there's no pressure on txn to pay ? is gavin going to give them it ?
mircea_popescu: jurov this discussion entirely elides the more important point of "why in the fuck would miners even consider a proposal that inflates their main ware".
mircea_popescu: otherwise, miner farms are actually pretty stretched as it is, financially.
mircea_popescu: nevertheless, this "they'll mine at -ev" is from the days of gpus.
mircea_popescu: not what i've been hearing from teh chinese folks on the topic, but w/e, gavin's more than welcome to persevere in his usg-is-the-world delusions.
mircea_popescu: show teh us how dumping's actually done. what, dja have any idea how long i pined for an opportuniy to play the easy side of this game ?
mircea_popescu: nobody's pouring out peta hashes for free for weeks on end.
mircea_popescu: at best gavin will manage to crush the gavin-bitcoin to whatever it was in 2012 and that's that.
mircea_popescu: jurov that 99% figure is mostly a joke. look at the exchanges as they are, think what even a 50k wall would do at say 30 usd per. how exactly are thjose 99% of miners going to finance operations for a week when their block reward is worth ~750 bux ?
mircea_popescu: you don't always get the maximal fun out of situations.
mircea_popescu: i kinda doubt they actually have the guts to go through with it,
mircea_popescu: and merchants accepting it will have to somehow finance the risk, too.
mircea_popescu: no, just, mircea's bitcoin in its gavin aspect is being sold. so miners of gavin chain will have to compete with that.
mircea_popescu: well... nothing ? once they turn them back on they can mine again.
mircea_popescu: from the perspective of the blockchain, the situation is identical to "what woud happen if 99% of miners turned their rigs off"
mircea_popescu: (i don't mean technically, i mean financially, nobody's accepting it for value)
mircea_popescu: but seriously, let's move all discussion on the article, otherwise it'll be hard to fish from logs later on
mircea_popescu: perhaps i don't actually see the whole ball there tho.
mircea_popescu: punkman forward secrecy is a one on one affair, mostly. the salt is supposed to implement as much as it's possible, and the lack of signatures.
mircea_popescu: if one doesn't buy into the entire "branding, even if or especially if before the fact" one's stuck with this. i don't mind it so much.
mircea_popescu: ftr, the car was called "a better horse buggy" originally.
mircea_popescu: <rithm> so it's a new rfc and interoperability means nothing << interoperability with what ?
mircea_popescu: but they'd still be running the client code, more or less.
mircea_popescu: much like in bitcoin, some will run larger clients which people can reliably connect to.
mircea_popescu: <rithm> port 1337 tho kinda elitist don't you think << yes, i do.
mircea_popescu: artifexd am i editing the thing to reflect you're doin' it.
mircea_popescu: nevertheless, if anyone wants to make a pool for the purpose that can't hurt anything.
mircea_popescu: well no, switching doesn't. but mining in the dead chain takes as many resources as you're willing to throw at it.
mircea_popescu: kakobrekla "upgrading" in the limited sense of building on a 1mb+ block.
mircea_popescu: if any of the asic farms is stupid enough to update (which is sort-of doubt, but hey, stupidity is bottomless) then they get their wish.