316200+ entries in 0.079s
mircea_popescu: "Do I still think Bitcoin will succeed in the long run? Yes, but I'm a lot less sure of it than I used to be."
mircea_popescu: <nubbins`> provide a way for cars to fly through the air with minimal time even with only a two-stroke lawnmower engine << i know right ? i will sell half my gasoline unless this happens.
mircea_popescu: why not get rid of airplanes while at it, they spread germs, are a threat to diversity and make it really easy for assholes like mp (or genius chinese kids) to fly to retarded backwater places (like the us) and just take over
mircea_popescu: "1) Eliminate pools. 2) Provide a way for miners to solo-mine with low varience and frequent mining payouts even with only small amounts of hashing power. 3) Get rid of ASICs." mkay todd is off another planet.
mircea_popescu: if shipping shirts costs more than the shirts it'd seem practical
mircea_popescu: lol the us should ban good cheese. the stuff they call cheese is a disgrace to the name, best just painlessly divorce.
mircea_popescu: in principle tho the pools are open to this "who's willing to lose most money" attack, they could start doing it to each other (and perhaps the larger ones have done it to ensure their position already - it's disputed)
mircea_popescu: if you mean to try and double spend, it'd be hard for any pool to do. if you mean, the withholding to hurt the pool, it can't really, but extreme bad luck is always suspicious.
mircea_popescu: davout: how would one detect a block witholding attack on a pool ? << which kind ?
mircea_popescu: unbalanced kept getting devoiced and i doubt he's yet figured how to pm assbot
mircea_popescu: pankkake: you can plant them and no one will check the cables every day << why not ?
mircea_popescu: punkman: do I have to put them up to my ear and tap them? << if you can't hear the tap without putting it to your ear it's not a good one anyway
mircea_popescu: derpy soviets think they're so smart, let them fill all the forms they want.
mircea_popescu: "Professor Chelnov, an old mathematician arrested seventeen years ago and who, when he had to fill in a form" << why the fuck'd anyone fill a form already.
mircea_popescu: worse is a superlative and for that reason incomparable.
mircea_popescu: unbalanced: Big day for me, living la vida crypto. Thanks all. Going afk for a while. << that was lulzy lol. like kid with new xmas train.
mircea_popescu: mike_c from what i recall BingoBoingo wasn't too adverse to the jumps
mircea_popescu: the only folk it really hurts are speculators, of the redditard type
mircea_popescu: i really don't see th econcern. if anything, slow txn are good for a coin, they keep the people in a hurry at bay
mircea_popescu: mike_c haven't heard from the satoshijack dude in a long time
mircea_popescu: unbalanced so in th end how much did you end up paying per atc trying to mine ?
mircea_popescu: mike_c they don't seem to be hurting anything tho do they ?
mircea_popescu: unbalanced its perfectly uneconomical to try and kill the coin already.
mircea_popescu: asciilifeform no see, wouldn't that make perfect sense ?
mircea_popescu: even if theoretically the planet is part of "everything"
mircea_popescu: even the most accomplished anal insertion artist, who can take ANYTHING would not survive a parachute-less parachute fall
mircea_popescu: yes well. marketingis not intended to be that hard semantically.
mircea_popescu: asciilifeform i imagine rebooting = pulling memory out
mircea_popescu: course if i had it'd not have linked all the darkcoin and "insurection" would have lead to something about the serenissima, but anyway
mircea_popescu: "Ever since the venture capital scene started talking about Bitcoin back in 2013, one of the most frequently cited comments from them is that Bitcoin is interesting for the technology, not the currency. In fact, this mantra has become so common that it almost sounds… scripted." << if you're curious as to the reason, it has to do with them not wanting to go under the yoke that's been awaiting patiently and quite unav
mircea_popescu: anyway, great blog, kinda shitty platform. mebbe pankkake adds it to teh irker
mircea_popescu: If cheating can be easily detected and reversed, then maybe it’s no longer essential to prevent it at all costs and you can build it with a more palatable set of trade offs. << in fact, there's a reason business has since forever run on "eventually correct" bookkeeping
mircea_popescu: anyway. it seems to me that adding anything to your latter turns the former into the latter's logical counter.
mircea_popescu: i don't see why anything more is needed or desirable than the latter.
mircea_popescu: ".I want to see a future digital economy in which nobody is excluded from participation." "No third party should have the ability to interfere in the voluntary dealings of other people." << do you see these as logically equivalent ?
mircea_popescu: "Given all these downsides, it should be apparent that decentralization isn’t something to aspire to lightly. In fact, it may be better to say that decentralization as a design technique is best reserved as a last resort, only to be used when there are no other suitable alternatives."
mircea_popescu: where he had found a tutorial on the net to make arbitrary length keys and was offering this as a sort of forum-level braindamaged saas ?
mircea_popescu: anyone remember usagi's long key generating business ?
mircea_popescu: asciilifeform it can get gnarly if you manage a lot of keys
mircea_popescu: you can self voice now, pm assbot !up once you're id'd with gribble