log☇︎
33900+ entries in 0.301s
nubbins`: "You are free to be as offensive, annoying, disparaging, crass, crude or indecorous you feel the need or inclination to be. This includes any and all comments that in other, non-professional venues may be regarded as racist, sexist, chauvinist, fascist or whatever else. Pros don't give a shit, it's the clueless twits and assorted pretenders that do"
mircea_popescu: something which may be related if not outright this is known here as blackholing
mircea_popescu: adlai there's some historical charge in there : bitcoin's first and largest ponzi ran a "mining" whatever, for the obvious and transparent purpose of acquiring freshly minted coins to pay out the idiot "investors". this was a major contributor to the early crystalisation of what came to be known later as "mining pools" which is what eventually in due time coallesced into today's problem. whether it was avoidable at all
nubbins`: idgaf about some 17btc transaction, only to point out that if someone touts targeted collusion as the most likely answer, they're probably selling something
nubbins` has never, ever, ever had a stuck tx and is baffled as to why anyone w/ money ever would
gribble: sounds like you thought this whole ignore thing through about as much as you thought through your cartel conspiracy
nubbins`: ;;echo sounds like you thought this whole ignore thing through about as much as you thought through your cartel conspiracy
danielpbarron: as far as i know, the only pool taking advantage of the ability to create as many outputs as you want in a coin base is Luke-Jr's Eligius
danielpbarron: if what i'm a part of isn't as big as my estimation, I don't care for bitcoin anyway. So whatever.
danielpbarron: nubbins`> again, i could create 10k tx's right now with older inputs than A1 << isn't this a "glass canon" as in, can only be fired once? How many nubbins` are out there with cannons? It costs money to assemble this weapon in short order. You have it from years of doing business.
nubbins`: hmm i wonder if mp putting me on ignore means he's gotta filter me from his logs as well
davout: asciilifeform: any bitbet recipient had a strong incentive to rebroadcast, as soon as the second transaction actually paid them
nubbins`: obviously ant/f2 have node farms as well as mining farms
nubbins`: i could, as i've got an enormous amount of coins that haven't moved in a very long time
nubbins`: <+asciilifeform>punkman: he has, iirc, a thing that tries to connect to 'anyone who's anyone' as determined by his intel << seems his intel connected him to a shit set of nodes
asciilifeform: punkman: he has, iirc, a thing that tries to connect to 'anyone who's anyone' as determined by his intel
kakobrekla: actually this somewhat fixes "bitcoin is too accessible" as the requirements to include tx in a block are having your own block producing setup
nubbins` is a bit surprised that more lords aren't concerned about mp's shame leading him to proposing an altcoin as the way forward
nubbins`: and "shouldn't work that way" does not mean the same thing as "did not happen"
mircea_popescu: as opposed to "here is what i opine - i know all about huffing glue because, practically speaking, it's what i do all day".
mircea_popescu: nubbins`> all will be discarded because A1 is waiting for the cheap seats << except the part where these nodes would also advertise it, which they didn't do. and except for the part where nodes that keep txn forever are am yth. and except for anything actually to do with reality, as opposed to some cartoon someone saw last year on tedspeak or w/e.
danielpbarron: not people who want euros, so much as they ~don't want~ bitcoin, and don't want to touch actual fiat
nubbins`: SEEMS JUST AS LIKELY.
nubbins`: and since it's in the queue, you can make as many As as you like
nubbins`: http://qntra.net/2016/03/a-miner-problem/#comment-47702 << FTR i thought this was obv the case upon reading the article and was baffled as to why it took so long for someone to mention.
assbot: Logged on 06-03-2016 18:41:13; mod6: As shitty as all of this is, I think we're in a unique position now to actually resolve all of these issues that have been plaguing us from the beginning.
asciilifeform was half-considering visiting mircea_popescu for tea one weekend, as he suggested last night
mod6 mind-as-well round out the library
mod6: and as far as 'compilers', you suggest 'red dragon' as opposed to second edition 'purple dragon'?
BingoBoingo: So what if it takes 5-10 years to gain mass traction as opposed to the couple hours a hardfork crisis would resolve in
mod6: As shitty as all of this is, I think we're in a unique position now to actually resolve all of these issues that have been plaguing us from the beginning. ☟︎
BingoBoingo after much gnashing and wailing beginning to see remaining utility in BTC almost exclusively as bridge to what comes next
asciilifeform: as i think anyone living outside africa knows
assbot: Logged on 07-01-2015 02:35:36; asciilifeform: the notion of 'trustworthiness' as a scalar is fundamental to scamatrons of all stripes.
assbot: Logged on 24-01-2014 04:36:33; asciilifeform: eventually people's brains will grow and they will stop thinking of market value as a scalar.
asciilifeform: well, gotta cut into detail. why, in this universe, does b see the 5 as valid, and a as invalid ?
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: it is +ev in the same sense as being hikikomori and starving to death is +ev.
asciilifeform: and money, as i stole from another mircea_popescu article, 'is a function of the forum'
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.
mircea_popescu: specifically what i mean - how about quantum money ? (yes sum X settled as Y in subgrapg S1, but as Z in subgraph S2. problem ?)
mircea_popescu: bitcoin was fine, and would continue to be fine, as is, for any maxint.
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: 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.
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
asciilifeform: even as crackpottery
thestringpuller: asciilifeform: why do you not launder money as to avoid taxation?
asciilifeform: nubbins`: as poor as any wretch. work-a-day-eat-a-day poor.
asciilifeform: this is referred to as 'breaking out of gravity well'
mircea_popescu: not the substance of the q as i see it.
assbot: Logged on 06-03-2016 10:43:36; asciilifeform: http://log.bitcoin-assets.com/?date=06-03-2016#1423477 << the way to kill pools is to hash he WHOLE BLOCK, rather than header. but as mircea_popescu pointed out, it is not merely ~pools~ that are colluding, but actual ~miners~, so it solves nothing.
thestringpuller: asciilifeform: BingoBoingo: BTC just failed, now what? << It seems business as usual tho...or is #b-a closing shop?
thestringpuller: asciilifeform: then why business as usual if bitcoin is dead?
thestringpuller: going to 0 as in game over? or going to 0 for a minute then we'll be back to $X price.
asciilifeform: mircea_popescu, as far as i can tell, is right, and there is nothing to buy.
nubbins`: "what can i buy" as a process of elimination isn't something i'm interested in participating in
thestringpuller: i eneded up framing that print you gave me as bonus when I ordered shirts
asciilifeform: http://log.bitcoin-assets.com/?date=06-03-2016#1423477 << the way to kill pools is to hash he WHOLE BLOCK, rather than header. but as mircea_popescu pointed out, it is not merely ~pools~ that are colluding, but actual ~miners~, so it solves nothing. ☝︎☟︎
ben_vulpes: i think that the above change would necessitate a new genesis block, as i suspect that difficulty is far too high for the hardware capable of hashing as described to generate a single block in any sort of reasonable time
asciilifeform: (though it isn't as if i have anywhere to go to.)
CrazyTruthYakDDS: hell, factom is better, as it is at least taking advantage of the BTC blockchain/security if i am not mistaken
CrazyTruthYakDDS: which is meaningless, i am sure microsoft also has api tools to work with BTC as well
CrazyTruthYakDDS: and the only real "value" people have pushed is that microsoft azure is using it as an api
asciilifeform: such as?
mircea_popescu: so there's really no call for dramatics, in my own mind. gotta do all the work one can as well as one can and see what tomorrow brings.
asciilifeform: punkman: i have no intention of partaking in dollar anything, beyond what is required to pay my bills, as anon slave.
asciilifeform: but was hoping to hear some conjecture as to what this could even look like.
asciilifeform: geographically dispersed honest commerce stands on bitcoin, just as dispersed wot stands on publickey crypto.
mircea_popescu: which, inasmuch as it's philosophical, doesn't really get touched by phenomena.
mircea_popescu: this is deeply unclear as of yet.
mircea_popescu: and the degree of brokedness bitcoin experiences now, post-cartelization (an event which we'd more or less date as occuring either in degrees or at some point between the high-s fork and march trhe 3rd)
mircea_popescu: "these idiots were given an opportunity, and they figured running the rigs as efficiently as possible is everything that may ever matter."
mircea_popescu: anyway. in my personal scoreboard, this is chalked down as one of those grand disasters of stupidity. exactly in line with an older article of yours,
mircea_popescu: not that the philipinos won't be coming out of the underbrush to push the unexpected "just as good" verbiage, or w/e.
BingoBoingo thinks MPEx can have important role as market between BlightCoin and Coin during the transition.
mircea_popescu: to random microshit investor, bitcoin is the same as flooz.
asciilifeform: euros are same as usd.
BingoBoingo will nevar be able to get an address in another currency as beautiful as 1LvCuntsJyFFQsLuJhBXBPokbQa7SAyMr4 again
mircea_popescu: in fact, the lot of them getting burned off is at least as valuable as bricking the idiot chinese miner rigs.
BingoBoingo: mircea_popescu: This is why /me leans towards well designed altcoin as solution. Something capable being ada-ified, but perhaps implementable in rougher form.
mircea_popescu: however, if it is going to be an altcoin, as in, no continuity, then it doesn't matter so much if tomorrow or yest or whenever.
asciilifeform: and, as usual, i have a pill against these boojums, but it is very bitter and i promise that no one will want it.
asciilifeform: which is ~same as nfi.
mircea_popescu: anyway, ftr, re ben_vulpes link (not that i've read it or intend to read random derpage from nobodies on topics) - years ago protecting miner investment made sense as a topic.
mircea_popescu: as long as "i did nothing wrong" at each successive point, you'll be a happy dead man.
asciilifeform: as t-->+inf - YES.
fluffypony: but as to whether they can tell if a transaction is yours, yes, that's something we solve
asciilifeform: ben_vulpes: as quoted by danielpbarron
asciilifeform: stalin followed peter's 'colonization with the crown as sole european' model. ☟︎
asciilifeform: afaik the anglos did not so much as attempt to culturally 'uplift' the pinoy.
BingoBoingo: I'm honestly pleased that the spanish used it so simple as to be easily and painlessly read without translating thinking
assbot: Logged on 05-03-2016 16:19:23; BingoBoingo: In other news looks like OpenBSD Vax is ending at 5.9 as Vax hardware reaches end of operating afterlife.
BingoBoingo: In other news looks like OpenBSD Vax is ending at 5.9 as Vax hardware reaches end of operating afterlife. ☟︎
asciilifeform: if u.s. dept of state can take his goats, he is the same as costco.
mircea_popescu: as much as we'd love to suck our own cocks, while we readily agree TODAY that "should be so and so", we'd have had no such agreement a decade ago.
mircea_popescu: anyway, to the more general point : all our understanding as to how bitcoin should work, see for instance yest discussion, comes from dissecting how prototype-bitcoin did in fact work.
mircea_popescu: outlasting is, as far as one can discern, the implicit goal of life on earth.
asciilifeform: they have infinite hitpoint. as mircea_popescu taught us.