368600+ entries in 0.237s
mircea_popescu: "Wouldn't it be nice
to just drop
the signatures?
The reason why we can't do
this is because
the signature is part of
the
transaction hash. If we would just drop
the sig from
the
transaction,
the block wouldn't validate, you wouldn't be able
to prove an output spend came from
that
transaction, so
that's not something we could do. But let's simplify
the problem. What if we could redesign Bitcoin from scratch? What if yo
mircea_popescu: "The reason for
this name is because signatures are not part of
the
transaction.
They don't describe what
the
transaction is doing." herpitty derp, fancy
that!
mircea_popescu: der and CEO ; Wayne
Thayer VP of Security Products at GoDaddy
mircea_popescu: ge ; Joseph Bonneau Applied Crypto Group ; Jude Nelson Syndicate Private Cloud Storage ; Michael Folkson Founder of RiskBazaar ; Noah
Thorp Co-Founder Citizen Code ; Harlan
T Wood Citizen Code Enlightened Structure ; Duke Dorje Citizen Code Formerly PGP ; Joel Dietz Citizen Code Founder of Swarm ; Patrick Deegan CTO of Personal BlackBox ; John Edge Cofounder & Chairman Identity2020 ; Justin Newton Netki Foun
mircea_popescu: ter Wuille Co-founder at Blockstream Bitcoin Core Developer ; Kiara Robles Creator of blockchainMe ; Juan Benet Creator of IPFS Founder of Protocol Labs ; Alex Leverington Core Developer Ethereum ;
Tyler Close Access control
thinker and implementer ; Ryan Shea Co-founder Onename ; Muneeb Ali Co-founder Onename ; Drummond Reed Co-Founder & CTO Respect Network ; Matthew Schutte Co-Founder at Collaborative Advanta
mircea_popescu: Christopher Allen Former CTO Certicom Co-Author
TLS 1.0 ; Jon Callas Former CTO of PGP Now CTO Silent Circle ; Greg Maxwell Bitcoin Core Maintainer CTO Blockstream ; Peter
Todd Bitcoin Core Contributor ; Greg Slepak OKTurtles and DNSChain ; Markus Sabadello OASIS XDI Internet Identity ; Vitalik Buterin Founder of Ethereum and Bitcoin Magazine ; F. Randall Farmer Author of "Building Web Reputation Systems" ; Pie
mircea_popescu: scammers & usg agents decide
the actual wot is kinda unfriendly
to
their ilk, "reboot" it. because yeah,
totally,
that's how it works.
☟︎ gribble: (eauth <nick>) -- Initiate authentication for user <nick>. You must have registered a GPG key with
the bot for
this
to work. You will be given a link
to a page which contains a one
time password encrypted with your key. Decrypt, and use
the 'everify' command with it. Your passphrase will expire in 10 minutes.
mircea_popescu: herp. and
this isn't something
that should be fixed, rite.
mircea_popescu: rrently
there is a mechanism in
there using checkpoints, which we want
to deprecate soon, but
the result will still be
that we're not validating all signatures from years ago in deep history."
mircea_popescu: In particular, we are going
to be
talking about signatures. It's important
to realize here
that signatures are really only needed for fully-validating nodes. As a light-weight client, you are not validating signatures, even
though
they are part of
the
transactions you still have
to download
them. If you are using a full-node
that is syncing historical data, you don't actually validate all of
the signatures in
there. Cu
mircea_popescu: out is
the question of whether all of
this data is equally important.
mircea_popescu: "Okay. So I am Pieter Wuille. I'll be
talking about segregated witness for Bitcoin. Before I can explain
this, I want
to give some context. We all know how bitcoin
transactions work. Every bitcoin
transaction gets inputs, which refer
to previous outputs being spent. Every input has
the
txid and
the signature
to prove
that it is allowed, plus an amount and script in every output. What
this presentation will mostly be ab
mircea_popescu: and it does create a mess for
the people on
the highway.
mircea_popescu: next
time you feel
the itch
to "drive adoption", specially
to poor/stupid people,
think
that giving a car
to a guy living in a horsepulled cart doesn't help him.
mircea_popescu: anyway,
the
truth of
the matter is
that
the usg-dole livers don't belong in bitcoin. not in any other sense
than
they CAN NOT be in bitcoin. simply impossible.
☟︎ mircea_popescu: they want a fork.
they failed
to ghet
the xt fork going,
they're back
to pretending like
they're in after spending a year pretending like reddit/xtcoin was anything but outsourced philipinos. and now
the pretense is
that you know, whatever, nobody knows anything of
the last year, nobody learned anythning, we'll just do...
this. which is
that.
mircea_popescu: <punkman>
the worst part is
that new core nodes won't be sending witness data
to old nodes <<< guess why.
mircea_popescu: mod6 perhaps an announcement
that
the bitcoin foundation maintains and will continue
to maintain a real bitcoin client, notwithstanding continued attacks from well known usg agents on
the core values of sound money ?
mircea_popescu: "oh, so you exposed us ? whatever, redditards still depend on usg for
their daily survival, and are dumb anyway. so we'll just carry on, but
this
time without shame"
mircea_popescu: BingoBoingo it's remarkable how plainly dedicated
to wrecking bitcoin
the usg agents are, huh.
mircea_popescu: anyone wanna do it ? you need a few k sq ft of warehouse, somewhere where it's cheap (michigan ?), a coupla packaging machines, a plastic printer and a few workers, no prior skills required
that's it. 50k for advertising 50k for
the gear gets you wll going. buy
the nuts in bulk for cents, sell
the packs for dollars, you're looking at 99% margins.
mircea_popescu: or w/e, Dee'z Nuts. have Dee
the DD blondy your mascot, you can re-use all
the godaddy advertising gimmicks.
mircea_popescu: then allow user
to specify an image file and an address
Birdman: im sorry it wasn't meant for
this channel
Birdman: not sure if its because of
the
thread q difference now or what but
the yield in my mining has been up between 5-10%, while my hit rate has gone from 70-80%
to ~40%
BingoBoingo:
theory. Fucking mark was on his arm for at least
two weeks."
BingoBoingo: This is in contrast
to: "We had one huge manlet of a kid in junior high. 14 years old probably 300+ pounds at about 5'4. We all hated
the kid not just because he was fat and stunk like shit, he was a massive nerd and a complete prick. Some shitlord brought up
the fact
that he smells so bad because he probably can't fit in
the shower, so we
took a pink highlighter, not a permanent marker, and highlighted his arm
to
test
the bathing
assbot: > Edit
to add PS: Also what is Satoshi's original mail. I hope satoshi@vistomail... | Hacker News ... (
http://bit.ly/1NWP0PK )
pete_dushenski: in other nyooz, eth below 0.002 and dropping. i
think we've got a nail-biter on our hands !
BingoBoingo: pete_dushenski: You gotta realize P2P isn't
the big miners
☟︎ pete_dushenski: that btc miners would go
to reddit for
their latest news is pretty mindboggling
pete_dushenski: if you can't put your personal feelings
to
the side, you have no place in civilised discourse and debate. period.
pete_dushenski: "By
trying
to disqualify everyone who disagrees with him from civilized debate,
Taleb and
those who follow his
tactics merely disqualify
themselves." << bwahaha who's disqualified again ? oh,
that's right, it's 'the people', 'us', 'we', (women), etc.
assbot: Good science communication means never calling
them “retard” – even if you’re Nassim
Taleb – Violent metaphors ... (
http://bit.ly/1IWyPKC )
pete_dushenski: < boohoo everyone should be a middle class conformist and comport
themselves with only
the flattest and shallowest mannerisms and phraseologies.
pete_dushenski: "This isn’t just bad manners, it’s destructive.
Taleb is intentionally
tearing down
the kind of back-and-forth conversations
that are critical
to helping laypeople (like himself) form educated opinions about
the safety of GMOs and other scientific subjects. And he’s doing with ugly, personal insults
that demonize
the other side of
the debate, just because it’s fun. It’s a
terrible, foolish strategy." <
pete_dushenski: "Taleb’s
tantrum is reprehensible, but at
the end of
the day it’s his own business whether he is willing
to listen
to actual experts. He does more harm by setting a bad example. He’s not just refusing
to engage opposing opinions himself, he’s encouraging his readers and followers
to do it
too"
☟︎ BingoBoingo: That's basically what
this Jim Crow
thing is
fluffypony: no more hard forks ever, and you have
thousands of useless zombie nodes
☟︎ fluffypony: and
then in
the old chain we just store pointers
to data in
the new chain
fluffypony: every
time
there's a new feature we just create a new separate chain
pete_dushenski: the kid can seriously cite sources, i'll give him
that.
punkman: the worst part is
that new core nodes won't be sending witness data
to old nodes
BingoBoingo: punkman: New derp is 1MB blocks
that hold
transactions of 1.7-4 MB blocks because no signatures in block.
BingoBoingo: punkman:
The entire point of
this derpology is making more space for
transactions by kicking signatures out of blocks
punkman: "disposable structure known as a "witness"
that does not get committed
to
the blockchain" << sigs still stored in blockchain last
time I looked
BingoBoingo: Thank you pete_dushenski for editting
the editor
pete_dushenski: see, and here i was wondering what
the fuck
the shitgnomes were up
to now. qntra
to
the rescue !
mircea_popescu: like
the non-dumb politician, or
the well read pundit, or so forth.
punkman: can't wait for a believable satoshi
though, will be fun
punkman: I certainly can't
think of any question or piece of data
that'd prove
the satoshi.
☟︎ punkman: pete_dushenski: sure, we can weed out
the weak satoshis just by reading X lines of
text
they've written
BingoBoingo: This really doesn't look like
the first
time Hoaxtoshi has keep up a con for multiple years
pete_dushenski: this would at least weed out
the very poor actors who hadn't spent 2-3 years memorising minutiae
pete_dushenski: punkman:
there are presumably questions
that one could ask of any potential "satoshi" during an interrogation
pete_dushenski: i was about
to saw
that an alien invasion was more likely
than satoshi leaving his privkeys open
to any sort of
theft,
then i remember his affinity for dsa and winbloze...
punkman: suppose Craig had whatever keys you want him
to have. who's
to say he didn't steal
them sometime in
the past 5 years
punkman: I don't
think at
this point you can ever have
the "real" satoshi
BingoBoingo: Thoughts on
this phrasing before it enters
the media cycle?
BingoBoingo: Now in other news... It's
the right
thing
to refer
to segregated witness as "Jim Crow" for signatures?
mircea_popescu: we wish
the dukes and counts
the best of luck in aleppo, and we move on
to more important matters.
pete_dushenski: a millennia is
too long of a historical recollection for idjits still using last century's slurs.
mircea_popescu: that's
traditionally where
these grand adventures against abstractions predicated on a shortage of currency
traditionally started
mircea_popescu: pete_dushenski because without saudis
their whole southern flank collapses, and
that's how
they had a famine in leningrad last
time.
mircea_popescu: they'll get a little, but
they'll get less
than
they would gladly
take and WAY less
than what
they'd need
to keep
the charade going.
mircea_popescu: the current meaning of
the paris accord is, "the decaying west
trying
to parlay its unavoidable, certain industrial demise into some sort of international subsidies for itself"
mircea_popescu: china's going
to stick with
them, disinterestedly, quietly.
mircea_popescu: anyway.
the saudi's have russia's backing, which is what
the whole oil glut and cutting bahamas down at
the knees was all about.
they did
their part and
the russkis can't afford
to sell
them out. nor does anyone exist who could make a decent offer, bahamas' is dead broke and
the eu is a joke.
pete_dushenski: ^in which scalia pulls
the mask off bahamas' incompetent ruse.