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mircea_popescu: but this also happens to be the definition of a sybil vulnerability.
mircea_popescu: ThickAsThieves nah, he's just trying to solve a fundamental problem through implementation and got blindsided by a theoretical exposition of it.
mircea_popescu: and anyway, if "you" create it then you're just counting from 1 to 15.
mircea_popescu: this is fundamental mathematics we're discussing here.
mircea_popescu: kolinko if you have a process to go from 1 party to two, then you have a sybil problem. and to have 15 you necessarily must have had that process.
mircea_popescu: what if one wants to join ? were they 8 at some point ? 6 ?
mircea_popescu: people tend to easily forget what identity means. here it is : =. every time you're using an equality sign, numerical, logical or otherwise you're relying on identity. cuz that's what it is.
mircea_popescu: now, if you want to go back and get diddled by THE SAME GUY AS LAST TIME, you're in for it.
mircea_popescu: anyway, sybil attacks are specifically not a problem in anon systems. if you go for a romp in a gay cinema, to be fucked by a random man, it makes no difference to you who fucks you, so you can't be sybil'd by definition.
mircea_popescu: and the arsed problem is not something to brush aside. the better your sybil protection, the more expensive their pointless expense.
mircea_popescu: you are wrong in the first. sybil attacks are a problem on all systems that rely on identity to any degree.
mircea_popescu: circle cvadrature is not a question of "get better draing tools"
mircea_popescu: these aren't simple problems, and they're unsimple for fundamental reasons, it's not a matter of implementation.
mircea_popescu: sybil attacks, and why would they be arsed to care about your needs.
mircea_popescu: the problem with this approach is that if they're to be trusted they're sops by definition, and vice-versa.
mircea_popescu: a "single point of failure" is a trustworthy individual by definition anyway.
mircea_popescu: and when you're done with that, to put things in perspective for you, mpex carried about 1mn total btc worth of options over a coupla years.
mircea_popescu: if you prove that i'll rate you, then you can self voice
mircea_popescu: o hay beautyon_ ! Le never fails to unintentionally entertain, but really, that's one you should prolly blog.
mircea_popescu: anyway this dga fellow should be here. someone invite him
mircea_popescu: lions in the fucking forest. huzzah for all teh lernin'.
mircea_popescu: i can arrive at a formulation of what the op thinks that i can integrate, it just takes an op that can answer questions for long enough :D
mircea_popescu: so basically you're saying the technical tradeoff in question isn' treally trading anything worth the menton.
mircea_popescu: this is a purely logical approach, i have nfi of how it practically works
mircea_popescu: fluffypony ok, so if we accept this avenue exists, then a blacklisting scheme would not logically be expected to resolve it, just move the problem.
mircea_popescu: fluffypony so are you basically saying he's just talking nonsense ?
mircea_popescu: " technical tradeoffs (slow block verification leading to increased susceptibility to block-flooding DoS attacks"
mircea_popescu: can i craft blocks and announce them so that the entire fucking network ends up graylisting each other
mircea_popescu: dos is dos, as long as you can't use a service because of a 3rd party it's a denial of service.
mircea_popescu: fluffypony is your 5x estimate arrived at through some process or just taken from dga ?
mircea_popescu: " but assuming you accept its technical tradeoffs (slow block verification leading to increased susceptibility to block-flooding DoS attacks, in favor of a balance between CPU, GPU, and ASICs)" << stuff like that sounds like a total ouch.
mircea_popescu: BingoBoingo you feel like reading up on all this crap and produce a summary ? but i mean a good one, like a disertation level thing.
mircea_popescu: "This coin's enthusiasts contribute to the applied aspects of the CryptoNote technology. It has been launched as a fork of Bytecoin in April 2014. Bitmonero/Monero was subject to a quarrel among the community members on the choice of name. Nevertheless, its contribution is valuable to CryptoNote’s popularization. Moreover, it has the fastest block generation speed of 1 minute."
mircea_popescu: "It is designed to have zero commercial value since its genesis block is replaced every 2 months." this is a pretty good way to do it, actually.
mircea_popescu: (this based on history of human tech, the speed of difussion of tech inovations as a function of their added efficiency. for instance the iron plow was about 7-8x more efficient than the shit it replaced, and it took over practically in the same generation. meanwhile longbows were not 2x more effectual over cataphracts, and they took about a century to take over)
mircea_popescu: but i would have suspected 1.5x ish is more the range where it could be borne economically
mircea_popescu: and i guess if 5x is the best so far then it's the best so far, and that's what it is
mircea_popescu: i mean don't get me wrong, active experimental research in "o yeah, those asics are that cool ?" is quite valuable and a good use of one's time.
mircea_popescu: fluffypony but my point here is as to market price, which really rarely reflects opex over capex
mircea_popescu: that's the problem with the human species : that because we're monkeys, which means we use young men as basically building material
mircea_popescu: which explains exactly the adaptive value of idiocy in large groups.
mircea_popescu: what i mean is, i'm a kid with a computer, i have to pay $200 for a new video card, and each watt gives me 1 thing. this other kid pays $500 for a consumer asic, each watt gives him... 5 things. the price of a thing will reflect this, going to ~1/4 the price of a watt, making me able to buy a lot more things for my $200 directly than i'd get mining ?
mircea_popescu: fluffypony: ASIC will likely outperform a GPU, but I'm guessing it will be in the ~5x better range, not huge. << if this is per watt, wouldn't it be quite huge ?
mircea_popescu: punkman: I made a bitcent trading XMR, I r tradar nao! << dare i ask what xmr is or would that spoil the whole trader thing.
mircea_popescu: dub: where these perchance, other primitave cultures faced with certain defeat in the face of a technilogically advanced imperial invasion << quite. just like the forum retards, the general response of the primitive mind to "o boy, this guy's so much better than you, better learn how to suck cock" is "lalala i can't hear anything"
mircea_popescu: BingoBoingo didja just drunkrate RagnarDanneskjol or what was that
mircea_popescu: you don't understand asciilifeform. europe sits on a lake of wine the size of michigan
mircea_popescu: how the fuck are you going to find virginal trinitrons, haven't been made for two decades