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mircea_popescu: now, mpex infrastructure is being upgraded, and it will be back sometime today.
mircea_popescu: Rick__ it is a method of talking to mpex that can not be ddosed
mircea_popescu: ok so! what you folks see here is a historical moment.
mircea_popescu: "Maybe some quota-filling cop thinks you look like a whore."
mircea_popescu: for the other, security strictly depends on the block being finite.
mircea_popescu: maybe it's a bad idea for coders to be allowed to chose their language.
mircea_popescu: BingoBongo ya srsly. why the fuck do these people make these choices.
mircea_popescu: they who have anything to lose are, of course, the miners. so a system where miners vote somehow on standard block size may be a replacement, maybe.
mircea_popescu: ie, "let they who have anything to lose decide where it should be"
mircea_popescu: now, the only way to change something like that is the way gavin proposed it
mircea_popescu: as stupid as that may turn out to be, it's still in the fucking contract
mircea_popescu: if i get married to you on the understanding that you always wear red underwear
mircea_popescu: mod6 the problem here tho is that bitcoin as it is is bitcoin as it is.
mircea_popescu: recently i discovered the way bitcoind works is all quirky and based on assumptive limitations like that.
mircea_popescu: i never understood how that 250k limit got to be there
mircea_popescu: And thus it came to pass that the splendid son of bright-minded Keleos,
mircea_popescu: this of course becomes problematic for pricing options.
mircea_popescu: they have been bleeding market share month by month by month. by now i wouldn't even bet they do a third.
mircea_popescu: the thing is tho, the net result of mtgox's however we call it, incompetence, being stretched too thin
mircea_popescu: moreover, there's some lessons being learned here. everyone wants to be more like mpex.
mircea_popescu: the us public becomes even more underserved, isolated, ghettoized
mircea_popescu: it's a win-win : the noobs get bragging rights (which they don't know how to use, but hey, youth), mtgox gets out of some stick.
mircea_popescu: after the french fiasco they certainly didn't feel the need for a replay, so.
mircea_popescu: BingoBongo im not even sure they seriously want the #1 spot.
mircea_popescu: as long as it's the consensus it's as good as any other, for a service provider.
mircea_popescu: tho tbh... what diff would it make to anyone if its gox spot or oix or a random number coming out of a hat.
mircea_popescu: i dunno dood, god knows i'm well loved and i can't think of anyone or anything that'd have it in for me.
mircea_popescu: there's a forum post the girl made summing up everything
mircea_popescu: forget having oppinions. just tap the kbd till it does it.
mircea_popescu: until the point that's the case none of you people have any business eating even.
mircea_popescu: this means blockchain MUST be downloaded in 15 minutes tops.
mircea_popescu: simple illustrative point : i can pick a torrent worth 7gb right now, anything with less than 20 seeders
mircea_popescu: actually it may be the worst piece of crap ever used by this many people.
mircea_popescu: the best thing you can do for adoption to scale right now is to fix the motherfucking client.
mircea_popescu: herpderp joe sixpack becomes a dev if you aggregate 5000 of them !?
mircea_popescu: Luke-Jr what the fuck are you thinking this is, chicken lay eggs ?
mircea_popescu: with the current broken bitcoin-qt there will never, ever, no matter what be 1mn nodes.