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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 CryptoNotes 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
mircea_popescu: dub: what the fuck is this net slowdown shit << you broke it, you buy it.
mircea_popescu: RagnarDanneskjol i guess that may explain the vague approach. alrighty, we talk more tomorro or w/e, see what he wants to do.
mircea_popescu: than for someone to try and senior developer all over it
mircea_popescu: RagnarDanneskjol honestly, may be overkill for this task. it's more of a small potatoes sort of thing to allow some eager kid to get his feet wet and get some ratings
mircea_popescu: chalbersma: So what's next on this P2Pool server? << oblivion, quite likely.
mircea_popescu: decimation: a good sweet watermelon is one of the pleasures of the end of summer << better if it comes with a pair of black girls.
mircea_popescu: prolly with some more rare earths nobody ever heard of and thatdon't really exist
mircea_popescu: i still have perfect vision, after decades with computors. i credit : a) low monitors and b) large fonts.
mircea_popescu: a crt you can adjust to be as unluminous as you'd like. a lcd, no. has a minimum.
mircea_popescu: decimation: it's true, I miss the contrast ratio for one thing << what i miss most about crts, believe it or not, is the shade.
mircea_popescu: decimation: 'peripheral' laser scanner << you mean the handheld shits ?
mircea_popescu: o shoit, bob ross is the guy that "would you like a fresh towel" dude was trying to immitate.
mircea_popescu: Knot_Yeti he's some guy working really hard at being halpful. im curious if it ends in tears, despair or great success.
mircea_popescu: you can self-up if identified to gribble, just pm assbot !up