325300+ entries in 2.306s
pigeons: proof of work + supsidy has worked well for
a few years so far yes
mircea_popescu: if you delete an empty node don't you get
a dangling pointer ?
mircea_popescu: To store
a large directory of indexes, the entries are divided into nodes of
a manageable size. Each node knows the relative offset of the previous and next nodes. Empty nodes can be deleted. However, the first node can not be deleted unless there are no other nodes as we use the first node to efficiently find other nodes.
mircea_popescu: Every node has
a 32-bit flags field that indicates which universal and node-type-specific flags are present.
Ukto:
a chain cannot have
a missing link
Ukto: Since I have the server source, etc, I have
a very deep understanding of exactly how it works
vampireb: i dont think ripple is much more different than
a bitcoin, and that's just fragmenting the market..
mircea_popescu: Ukto not like it's
a crime. im just questing for knowledge
Ukto: I am jsut
a gateway
Ukto: He has made
a lot of big connections for Ripple
coingenuity: to that end, when i was at defcon, i had
a standing bet
coingenuity: Ukto: speaks the truth, im not
a substance-liker
vampireb: like
a coffeehouse in amsterdam?
Ukto: coingenuity ran into
a bartender girl at
a bar randomly, who knew of them
vampireb: well people know more and more about bitcoin.. few of my coworkers knew about.. that suprised me
a lot
Ukto: We are riding on
a tsunami atm, thats jsut getting bigger until it crashes into something. but in the end, it will still leave higher water levels than the start.
Ukto: In fact, after some dsicussions, I venture to say that the last 30 days, has been the largest influx of new cash into exchanges in such
a short period ever for bitcoin
vampireb: i sold just
a PI for 3BTC, that's over $70 now
Ukto: All exchanges are currently getting
a flood of incoming cash
Ukto: It drove in
a new demand
vampireb: if i sell something that i bought for USD.. i dont need to recalc the price 10x time
a day.. I wouldnt do that for EUR
mircea_popescu: however, there's
a great advantage to mlt cap over 1bn
Ukto: bitcoin is becoming
a buzz
Ukto: I have been contacted by
a number of 'normal' investors
Ukto: you can expect
a major price jump to $35~$40 very quickly
Ukto: but.. when it hits $30, if there IS
a big news deal, and it goes further viral
Ukto: when it hits 30, if there is not
a huge news buzz of crazyness
mircea_popescu: i imagine the reason eskimoblob is
a jerk is because nobody asked him to stop befoar.
Ukto: right now
a lot of "
mircea_popescu: "Please stop being
a jerk, EskimoBob." evoorhees is so cute i swear
Chaang-Noi: ukto i think you might be right, no one is selling! once it hits 30ish you see it crashing
a bit?
BitHub: update the news section Ukto :P give me
a lil present to read :)
Ukto: mircea_popescu: I thoguth about putting
a unicorn easter egg somewhere, just fo ryou
vampireb: I sent 10BTC to
a guy in NY, and I get $200 from him
pigeons: vampireb: you send it to someone who will accept it and give you
a note
BitHub: fiat is such
a sexy word
Ukto: and making
a desktop wallet program for it
vampireb: sounds like
a scammer heaven to me
Ukto: and have an 'offer' in the network to exchange them for
a small fee
vampireb: well.. i got
a new one :-) the old one still owes me shit load of money
Ukto: You dont WANT to trust
a friend of
a friend of
a friend
vampireb: since i inherently dont trust anyone, why would i trust
a friend of
a friend
Ukto: I can confidently tell you, quite
a bit of currency has already passed into ripple.
Ukto: Chaang-Noi: Hed, joelKats, and
a few others
Chaang-Noi: it is like
a centralized bitcoin right?
BitHub: see i think you would hire
a marketing team to sell the idea of bitcoin to merchants first
BitHub: i was thinking to setup
a service to collect donations for celebs and charaties and stuff, but might get in trouble
Chaang-Noi: so i see riple is active, what exactly does it do again? how is it differnet from bitcoin other than using
a premined coin?
mircea_popescu: vampireb
a 1mn block will likely get about 200 btc at current (20k) estimated profit for the month.
BitHub:
a whole wide range of reasons, do i really need to go in detail?
BitHub: their angle is, its
a new thing called bitcoin, explaining it to people
BitHub: in any business mircea when you have
a new product or something you hire
a sales team or marketing team that goes out as pimps out whatever you want
mircea_popescu: BitHub it's
a tough question he got. what even constitutes btc marketing ?
BitHub: professional trollers for only 2btc
a week
Ukto: BitHub: yeah I will be pushing the api for kako to set it up in
a few days
BitHub: oh,
a bf ticker would be so friggen good
Ukto: I have been trying to wrap up the new BF features for
a couple days now
BitHub: time to pay daddy
a lil dividend
Namworld: try BTCT.co, I have
a BBET passthrough there already
mircea_popescu: that's the thing. 1k kids with
a dream today, 1k corpses on the metaphorical business field of battle, next year.
mircea_popescu: i got fuckall knows how many btc, if you kill yourself trying
a project that doesn't have
a chance you loose, my btc gains.
mircea_popescu: yes, i agree it's
a good thing. do you know who it;s
a good thing for ?
BitHub: i think that's
a good thing about
a free market, you do have alot of cowboy's and stuff but i think throught the years alot of those guys get weeded out
mircea_popescu: THEN you're in
a position to know why the thing you're trying atm won't take off.
mircea_popescu: yes. pick
a service you like. i don't care what it is, but
a name.
mircea_popescu: they aren't going to compete. bitcoin seems new, but seriously. it takes
a lot more than three kids.
mircea_popescu: this isn't
a team. this is
a group of young people, enthusiasts, whatever.
mircea_popescu: ThickAsThieves let's face it, ok ? all these teams are
a guy with MAYBE 10k liquid to his name,
a freind from school and maybe some chick either of them or both are diddling.
mircea_popescu: ThickAsThieves take
a mature market, like say porn. or books. or whatever you will.
BitHub: i had my own idea of doing
a gambling site and
a few weeks later i see bitbet.us pop up after i already purchased my domains
BitHub: i may offer
a bet on the australian election tho as our first test
ThickAsThieves: No problem with BTCTco, I use it too, but aesthetically it's
a little busier
DeadWeasel: That's quite
a Contract on the register page, way to cover yer booty!
Bugpowder: Namworld what do I think is
a good price
Namworld: Still no one selling S.BBET at
a decent price?
DeadWeasel: always pokes up, levels
a bit, then drops again