384300+ entries in 0.136s
mircea_popescu: i mean other than "Well different implementations of the same concept"
mircea_popescu: that problem exists like gravity exists. if you have it you gotta solve it. which is why the article focuses on the blockchain : if you're doing distributed anything, you have the bizantine poblem.
mircea_popescu: the blockchain is fundamentally a solution to the bizantine problem
mircea_popescu: ThickAsThieves no, im done with the "free market of retards" concept. anyway, re the colored coins :
mircea_popescu: i dunno how it can be made clearer. "free market" indeed.
mircea_popescu: and a bunch of rich powerful people are here to fuck you in the mouth until you bleed
mircea_popescu: if this process is allowed to become "what Bitcoin is" then Bitcoin will never be anything.
mircea_popescu: forum retards move to what SEEMS TO THEM a better alternative.
mircea_popescu: anyway, "<jurov> burnside's not sure if he can reliably wipe all passwords" << no, just not sure how to cleanly remove the "give scammers fake btc to fake their volume" code.
mircea_popescu: my argument is that you are ill equipped to consider things, as displayed by the very dubious generalisation you just tripped yourself with.
mircea_popescu: a collectiojn of idiots being confused about what they do != a free market.
mircea_popescu: to start his own WEBSITE which he misrepresents as an exchange.
mircea_popescu: skinnkavaj they had very huge fees. he is not rich. go figure.
mircea_popescu: moreover, poor idiots should not have access to code that SEEMS like it's doing something of that nature.
mircea_popescu: burnside is poor now, for one. his btct never made anything for the mention, for the other.
mircea_popescu: skinnkavaj no it was about the btctc "you're already rich" thing
mircea_popescu: anyway. the code contained a lot of good bits including enough info to reconstruct a pw.
mircea_popescu: supposedly if you torrent some movie you're also open sourcing it, cause you don't need a license in the first place to cede rights.
mircea_popescu: in what his foggy brain represented as "open sourcing",
mircea_popescu: after which one of them, the fabled amir taaki, stole the code and published it
mircea_popescu: ThickAsThieves the relevant bit there is, after the third time bitcoinica was raped, the "bitcoin consultancy" group of dorks self proclaimed into importance & relevance decided to shut it down.
mircea_popescu: skinnkavaj hasa a very interesting take on the world :D
mircea_popescu: i suspect it's quite possible none of the recent kids ever got to use desktops and simply don't know the glory of comfort.
mircea_popescu: dude... kids today. long time on a laptop is fucking egonomics suicide.
mircea_popescu: "kept to himself and spent full days buried in his laptop."
mircea_popescu: anyway. mebbe it works out for you, but i'd keep on toes.
mircea_popescu: lol. im sorry, but i have to rely on reams of intel. i can't personalyl know everyone.
mircea_popescu: heh. anyone ELSE work there outside of that burlet fellow ?
mircea_popescu: the mothership probably needs a different solution. this is what the xwingers use while in flight
mircea_popescu: nah, it's supposed to be the unbreakable instagpg item.
mircea_popescu: anyway. that sort of thing isn't the usecase here, not really. a classic pc implementation works much better.
mircea_popescu: which he figures they might think it's a little strange.
mircea_popescu: well i can't find it. somewhere phil zimmermann was saying that people still send him pgp encrypted email but he long since doesn't have the key so he usually responds to ask ppl to send it plainly
mircea_popescu: it's ideal usecase is not this, post pubkey on your blog, 20 years later still get encrypted email to that key (you've long lost)
mircea_popescu: well, see, the cardano is principally to be used with people you are in contact with.
mircea_popescu: if we ever end up selling these by the 10's of ks then an asic run becomes more reasonable and it probably will present a muchly different picture
mircea_popescu: so iot's a game of well what can we fit of what we need to have
mircea_popescu: maybe. the one constraint in there, you have to appreciate, is that since we're not doing asics for this,
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mircea_popescu: which suggests a great line to me : whenever someone wants to featurecreep me, i shall go "we're doing a cardan joint not a thomson coupling here"
mircea_popescu: just about. decentralised trust is about as clever as decentralised cunt.
mircea_popescu: moreover, you will have a sensible delay in all trades. what's better, one day a year of no trading or half hour lost to settle each individual trade ?
mircea_popescu: they;'re a useful tool in some contexts, but you still need to have an escrow agent
mircea_popescu: multi-sig txs are not a solution to the escrow problem really.
mircea_popescu: nubbins` you can, but you have an escrow problem each time you do.
mircea_popescu: which reduces to a slightly braindamaged reimplementation of mpex.
mircea_popescu: nubbins` here's the thing : if you do it with addresses you don't really need the blockchain, might as well do it to gpg signatures.
mircea_popescu: because the handkling of fixed addresses is poorly understood because, again, idiots.