log☇︎
325100+ entries in 0.207s
mircea_popescu: and you can not specify the bytesize of this item.
asciilifeform: well, it's no longer 5btc scalar. it is now... [[5 0] [0 0]] or the like.
mircea_popescu: so then. what do i do with the 5btc ?
asciilifeform: and so now we have money for them.
mircea_popescu: i dunno about your or anyone else's experience, but i personally have spent my entire life to date in the company of people whose takes were fundamentally irreconcilable. ever since a wee tyke doing double time between the upper crups exclusive school and the criminal underworld.
asciilifeform: rather than a scalar.
asciilifeform: well, if we're going full-bore, the transaction takes two matrices and yields a third.
mircea_popescu: so why would it require they "agree" ?
mircea_popescu: what did you think i meant ?
mircea_popescu: <mircea_popescu> purely for exploratory reasons - how far are you willing to take the gossipd ? << how about quantum money ?
asciilifeform: by 'meet' i specifically mean 'have to agree on something'
asciilifeform: sorta like what happens today when mircea_popescu meets somebody who disagrees with him re: what 2+2 equals.
mircea_popescu: and why would they reconcile ever if they met ? have you seen nude women together before ?
mircea_popescu: why would they ever meet ? they're not meeting. ask your pet.
asciilifeform: and never transact.
asciilifeform: so when they meet, they reconcile the ledgers. and if one or more of the parties refuses to, they now have to march off into parallel worlds.
mircea_popescu: now the chains are split.
mircea_popescu: because B mined on the basis of the chain that it saw ; and A idem. there's no guarantee these would stay coherent, and so they didn';t.
asciilifeform: i.e. why do their ledgers differ to begin with ?
asciilifeform: well, gotta cut into detail. why, in this universe, does b see the 5 as valid, and a as invalid ?
mircea_popescu: not being a superposition of eigenstates myself, but a resolved one, i can't both credit and not credit the 5btc. would seem i have to choose one.
mircea_popescu: now - person X comes to me with a 5 BTC which he wants to spend on milk. B sees the 5 as valid ; A, as invalid. i know both A and B. does this mean i have to choose ?
mircea_popescu: ok, take the nonsense practically : there's A, as illustrated yesterday, the group of six nude ladies ; there's B, b-a. i hope you folks aren't nude atm ?
asciilifeform: what we have now is an ad-hoc (2), the exhaust heat from which drives (1).
mircea_popescu: so the option is "either create a money that drives a government, or else create a money that drives a crazy" ?
asciilifeform: and there are still people who get out of the house, cut steel pipes, etc.
asciilifeform: fortunately the 'pure reason' folks are yet only a subset.
asciilifeform: for the folks for whom it is.
asciilifeform: it is +ev in the same sense as being hikikomori and starving to death is +ev.
mircea_popescu: so basically, forking is +ev for participants until everyone's on his own chain. how does anyone transact this assperger coin ?
asciilifeform: well for some reason you sent hanbot to turn over dumpsters in alleys and find'em. so here i am.
mircea_popescu: you're supposed to be a stabilizing influence in my life, world! wtf is this!
mircea_popescu: why do i always run into people nuttier than myself ?
asciilifeform: and money, as i stole from another mircea_popescu article, 'is a function of the forum'
asciilifeform: how much 'common reach' today for electrodynamics ?
mircea_popescu: i don't expect this realisation to be within common reach.
asciilifeform: the quantum spiked dildo eases in less painfully when you realize that the interfering electrons etc were ~always~ there under the newtoniana.
mircea_popescu: this notion of money is disjunct enough from the commonly held to be scary.
mircea_popescu: ie, THEY think i paid you 5 btc, but THOSE OTHERS see that same 5 btc going to him. and well.. it's just how it is.
mircea_popescu: the [fundamentally centralzising] question of "tell me the one and only god-given truth as to ownership" dissolves in a cloud of acceptances.
asciilifeform: what does this question mean ?
mircea_popescu: purely for exploratory reasons - how far are you willing to take the gossipd ?
asciilifeform: or we can lift from a mircea_popescu article, 'Another aspect is that new blocks are mined by one group (miners) but have to be stored in perpetuity by another group (nodes). This creates a situation where X (users) pay Y (miners) to inconvenience Z (nodes), which is unsustainable not to mention sheer nonsense.' ☟︎
mircea_popescu: this is what most molds do under environmental stress - which is exactly what the environment was designed to do to them.
asciilifeform: isn't that what i just said ?
mircea_popescu: not so. bitcoin had 3 types of animal, minerS, nodes, owners. notwitstanding the very problematic weakness of nodes, the minerS unicellular molds merged in one major piece of dogvomit.
asciilifeform: anyway the original point stands, bitcoin had no fewer than ~3~ types of animal - miner, node, tx-er. and they were supposed to stay in racul, broasca si o stiuca
mircea_popescu: you're kicking the can. -ev for the player +ev for the group, we're buiolding the soviets omfg fuckme
mircea_popescu: ie, humans have a very lengthy, selected ability to centralize against the possibility of a nice world.
asciilifeform: mircea_popescu: it is a 'solution' in the sense that there is no exact pill against it, but is -ev for the player.
mircea_popescu: lemme say that schelling points exist PRECISELY because ~irrational~ behaviour is an UNDEFEATABLE solution to your matrix.
asciilifeform: rather than thinking.
asciilifeform: if had detail, we would be testing a proggy.
mircea_popescu: well you'll have to be a lot more detailed then
mircea_popescu: and i'm telling you, the solution to a broken knee is not to break an elbow.
asciilifeform: mircea_popescu: not 'bug somewhere else', but a payoff matrix that doesn't equilibrate at 'herd'
mircea_popescu: trust me, unlike you that doesn't play, i ~created~ a homeostatic game world.
mircea_popescu: the problem is that margin-driven mining creates centralisation necessarily.
asciilifeform: ergo, engine came to equilibrium.
mircea_popescu: so yes, bitcoin does suffer from game theoretical poor design, but this problem specifically can not be resolved by "adding another bug somewhere else, they'll cancel out".
asciilifeform: picture that you were newcomen and built a cruddy steam engine.
mircea_popescu: this is nonsense. you needn't balance the desire of syphilis to defect from syphilisdom by injecting my with tb ffs.
mircea_popescu: males trying to get together to gangrape individual females ; females getting together trying to create wailer choruses to keep the male group at bay, everything we don't like about society reduces readily to "it's not made up of individuals", ie, poolmined.
asciilifeform: in that there was no built-in incentive for defecting from a miner cartel.
asciilifeform: mircea_popescu: my notion was that bitcoin suffered from a ~game-theoretically~ poor design.
thestringpuller: or is that lions...
mircea_popescu: the chief problem of human society is pool collusion in this view.
thestringpuller: asciilifeform: alpha wolf kills all the other males and takes women for himself
asciilifeform: (i.e. come to agreement)
mircea_popescu: ipso definition, individual women in any gendered species are in the pool of womanhood ; and respectively males.
asciilifeform: how's that
asciilifeform: mircea_popescu: this being, where you have two or more types of miners, who have inherently opposed interests
thestringpuller: a coin which requires nuclear power plants worth of energy to mine single blocks
thestringpuller: ah this makes me wanna finish my fictional story about plutonium coin
asciilifeform: did we ever do a thread on chiral miners ?
mircea_popescu: lettuce not blame the bearer of bad news.
asciilifeform: but the 51% thing was apparent from beginning, it was even in the paper.
mircea_popescu: the weakness in the pow and the poor mining/relayer design created perverse incentives not directly apparent in the design phase, however.
mircea_popescu: bitcoin was fine, and would continue to be fine, as is, for any maxint.
mircea_popescu: that was at no point the problem.
asciilifeform: well, he naively thought that nobody would throw $maxint at it.
mircea_popescu: i'll put some boxes to it as a seed, whosoever wants to do the same can do the same and it can take it from there.
mircea_popescu: if mining works correctly (ie, as he naively intended it would) the initial allocation as designed is fine.
asciilifeform: but afaik there is not a plausible alternative.
asciilifeform: the one problem that i was not able to solve, now just as a decade ago when i started thinking about it, is 'initial allocation.' satoshi's solution, as can be seen now, was retarded.
asciilifeform: thestringpuller: what i was trying to say is that no one, afaik, has ever proposed and implemented entirely novel mechanism.
thestringpuller: for next experiment: remove satoshi and his dope from the equation completely
thestringpuller: mircea_popescu: http://trilema.com/2014/the-woes-of-altcoin-or-why-there-is-no-such-thing-as-cryptocurrencies/ << well there was this, and then ATC failed around that time
mircea_popescu: and there is a very good vp on the table. gossip + proper hashes and ciphers + correct pow + proper relay/mine design + + +
asciilifeform: everybody had chunks of rotting satoshade in there.
asciilifeform: afaik there was not yet, to date, a from-scratch thing
mircea_popescu: we needed a 2nd for a long time anyway, wtf is this ripple eth ltc doge bs.
mircea_popescu: asciilifeform for your own peace of mind : i would ~definitely~ support a beedog coin, irrespective of how cartel mining impasse is resolved or the eventual fate of current-bitcoin.
asciilifeform: nubbins` packs well, it was a mondo crate last time
mircea_popescu: if you get them in one package, should prolly be "all of them", ie a crate. esp if no hurry.
asciilifeform: ;;later tell nubbins` how many can i get for 1btc.
nubbins`: anyone else wants NSA tees for cost of shipping, send me a line
nubbins`: i'mma leave you guys to it
mircea_popescu: so you want to have a proper meld here, gossipd-bitcoin
mircea_popescu: not currently made use of by teh bitcoin.