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mircea_popescu: dude look at a google page if you search bitcoin mining
mircea_popescu: why, because literally nobody runs the code anymore or what
mircea_popescu: <justusranvier> Maybe the reason they are unhappy about bitcoin-security being public is because it reveals there's an unfixed memory leak in bitcoind right now. << this needed like revealing and anything
mircea_popescu: watch the load on the server excitedly as it increase slightly over a week or two as a result.
mircea_popescu: have dev spend a week checking out and streamlining trilema code, obtain clear results, various bottlenecks resolved, lots of optimisation that should result in about 30-40% less load.
mircea_popescu: "we've got nothing but our desire to matter in spite of the void we stand for. and there's A LOT of us."
mircea_popescu: With so many interested persons checking in here, I believe this would be a good time to again share Chris Cook's brief, simple and correct summation of the problem with bitcoin, from
http://blablabla mircea_popescu: "Thank you for this clarification Mr. Nakamoto. It has been an honor to be labeled by my friends as "Satoshi's Drunk Uncle" and it's a moniker I'll wear proudly until the day I retire from Crypto. The Goldcoin (GLD) developers truly admire your work and strive to continue improving upon its design as a tribute to your unparallelled genius. Your admirer and relative in spirit, MicroGuy."
☟︎☟︎☟︎ mircea_popescu: There was a young girl of Natchez who chanced to be born with two snatches.Now and again she'd say "Shit! I'd so give either tit for a man with equipment that matches."
mircea_popescu: ty. ever been expert witness in legal proceedings before ?
mircea_popescu: X-Rob and then, the "community" derps all about how bad it is that they're getting squeezed out by the large farms.
mircea_popescu: yup. so little kiosk downstairs has them, two dozen for 10 pesos.
mircea_popescu: so #eulora just succeeded in an infrastructure upgrade, taking crystal space from 38 something to 40 something. this is a major tech victory.
mircea_popescu: betting is an odds game. if you win 1% more than you lose, but you can rely on that 1%, you may cycle thousands of btc for a profit that well exceeds say coinbase's
mircea_popescu: unless the method we describe in theory is actually implementable cheaper than we estimate, of course.
mircea_popescu: X-Rob because you're not you. you're the pool op, who has to make a buck, and who is friends with the other pool ops.
mircea_popescu: <punkman> you were gonna teach them Enigmail? Fuck you. <<< word.
mircea_popescu: and spare me with the "miners will know", there have been three times in history, including today and recently, pools which split their rewards across to pretend like they don't have 50% of the hash rate
mircea_popescu: X-Rob well the advantage would be that they win a bet, get more btc.
mircea_popescu: given actual economic incentive to lie however, it's worthless.
mircea_popescu: it's prima facie evidence, and absent any actual economic incentive to lie it may stand as acceptable "proof"
mircea_popescu: but the fact that the pool ended up with the coins is no sort of prof the pool mined the block.
mircea_popescu: other than making people with a soft understanding of the protocol make wrong assumptions
mircea_popescu: the contention is whether "Who found a block" has any substance to it past "we say so"
mircea_popescu: chetty lol is this the us dept solution to nigerian scammers ?
mircea_popescu: jurov if you can merge-mine for different chains, you can equally well merge-mine for alternative root addresses.
mircea_popescu: there's a difference between purely declaratory statements and actually measurable objective reality.
mircea_popescu: but then the difficulty would actually have to be that.
mircea_popescu: what is the advantage of a reimplementation of a dubious solution to a solved problem ?
mircea_popescu: but whether this attack is practical or not, or even theoretically feasible :
mircea_popescu: because the logical outcome is for all pool ops to contriburte some btc, all make the same bet on the same one guy
mircea_popescu: so here, i found a block, you publish it and we split the pot.
mircea_popescu: jurov you realise this is purely declaratory ? i can publish blocks on any ip i want.
mircea_popescu: course the verge is then taking it exactly the opposite way, but hey.
mircea_popescu: CEO Yishan Wong finally addressed the controversy on Saturday by releasing a remarkably clueless manifesto. Reddit, he wrote, is "not just a company running a website where one can post links and discuss them, but the government of a new type of community." So, then, what type of government is Reddit? It's the kind any reasonable person would want to overthrow
mircea_popescu: i mean what's the advantage to rolling this dice as opposed to roling a proper, provably fair dice ?
mircea_popescu: nanotube meanwhile it turns out someone was impostoring
mircea_popescu: there's probably some attack avenue against the incognito mode through this.