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mircea_popescu: there were some reasonable blocks bought on mpex pre-divs
mircea_popescu: no but in seriousness, they're pretty smart guys, survived the recent doublespend attacks that wiped a few of the betting people
mircea_popescu: course, since i was gonna have to pipe orders in somehow
mircea_popescu: im seriously thinking of eventually taking the website off entirely.
mircea_popescu: All of the firmware and software we develop for our devices are completely opensource."
mircea_popescu: Depending on BFL's shipping schedule, the network hashrate could be from ~ 120 Thps to ~ 290Thps, with Difficulty reaching between 15 and 40 million before mid May.
mircea_popescu: course asciilifeform is all no! you must use geiger counters!
mircea_popescu: smickles i think racist is what pinkos call people who call them pinkos
mircea_popescu: dude if you don't launch soon ima start sending escorts to your door at like 2am
mircea_popescu: anyway if mod6 evergets the iphone app out that'll be funny
mircea_popescu: nobody can get into mpex to the tune of 10 ppl a day or some shit
mircea_popescu: im on the other side of it, trying to hold the doors down lol
mircea_popescu: "the "shares" that MPEx has that it lets you buy and then sell ... how did they get them, and what exactly are these shares?"
mircea_popescu: course the hidden thing in all of this is that if mpex scales worth a shit everyone can just do push transactions.
mircea_popescu: <jurov> smickles, not really. that would be akin to city transportation not giving a fuck about security of chip cards << which they don't.
mircea_popescu: mjr_ yes. it mostly consists of my pr pointing out it doesn't work and people glazingvoer.
mircea_popescu: but there's a BIG lesson in here. think about it : i have technoklogy that allows me to do what they do much cheaper.
mircea_popescu: yeah. this would not be feasible if i tried to do it like it;'s currently done in the fiat finance world.
mircea_popescu: but i don't see many people bothering, no. there's no benefit
mircea_popescu: everyone would only get his own, causwe that's the only one he can decrypt
mircea_popescu: so now. if i want to talk to all the users on mpex, i could just post a long file, made out of bits, each encrypted with a user's signature.
mircea_popescu: what diff does it make ? you don't have the key for it.
mircea_popescu: mjr_ : if i wanted it to take multiple hops, i would be vulnerable to MitM and phishing right? << wrong
mircea_popescu: and as to the brokers, you have to ask them, but most everyone does it.
mircea_popescu: mjr_ if you mean accounted for as in, passed ti shareholders, yes. there's a special line in the monthly reports.
mircea_popescu: i like how that thing is getting upvoted into a frenzy
mircea_popescu: but yeah, i lay no claim to genius on the "not instacancellable" part. ffs it's beyond obvious.