log☇︎
487600+ entries in 0.307s
mircea_popescu: http://log.bitcoin-assets.com/?date=24-04-2015#1109668 << how do you know it won't have to be lowered ? ☝︎
mircea_popescu: but, very simply put : the hand of the market is the hand bitchslapping you. the market is not your mother.
mircea_popescu: silver being a fine example if one is superficial enough to only look at one example.
mircea_popescu: i believe the education adlai lacks is the failure of "cornering the X market" historically.
trinque: I believe the term Adlai is looking for is cartel
mircea_popescu: Pierre_Rochard only thing that'll accomplish will be exchanges with emplaced mortar batteries and landmine perimeters.
assbot: Logged on 24-04-2015 18:54:24; assbot: Logged on 24-04-2015 18:45:19; Adlai: the nice thing about reducing blocksize is that the N largest miners could just agree to not produce larger blocks, and that would raise tx fees through market forces
Pierre_Rochard: only need a swat team to raid a btc<->fiat exchange, they have a few
mircea_popescu: o yeah ? how many tank divisions does the city of new york have ?
Pierre_Rochard: well I’m a gaullist, I tend to respect sovereignties as a matter of realpolitik
mircea_popescu: http://log.bitcoin-assets.com/?date=24-04-2015#1109656 << once the commissioner duly asks for and receives his commision here, i'm all for it too. ☝︎
assbot: Logged on 24-04-2015 18:49:21; Pierre_Rochard: I think it’s an issue today if we take into account NPV calculations - if gavincoin has zero future fee revenue, that has an immediate effect on the expected return of mining over the long run. Not sure that it would move the needle on today’s asic capex
mircea_popescu: http://log.bitcoin-assets.com/?date=24-04-2015#1109646 << i don't think so. it has an effect on its relevancy for mining, not on mining itself. ☝︎
chetty: well thats how it reads to me, but I not lawyer :P
mircea_popescu: so wait, they seriously expect a claim in the trademarks of everyone selling through them ?!
chetty: so it would seem not sure what 'providing us with content means', just selling thing via them?
trinque: like if you upload a logo to your payment page, you don't own that logo?
trinque: where do they have a place to post content?
chetty: paypal says they are changing the tou to include this
mircea_popescu: lol where ios this !?
chetty: the fullest extent permitted under applicable law, you waive your moral rights and promise not to assert such rights against the PayPal Group, its sublicensees or assignees.
chetty: When providing us with content or posting content (in each case for publication, whether on- or off-line) using the Services, you grant the PayPal Group a non-exclusive, worldwide, perpetual, irrevocable, royalty-free, sublicensable (through multiple tiers) right to exercise any and all copyright, publicity, trademarks, database rights and intellectual property rights you have in the content, in any media known now or in the future. Further, to
assbot: Logged on 24-04-2015 18:40:54; Adlai: hashrate dropping too low -> need to increase mining subsidy, either by raising btc/fiat, or increasing tx fee competition
mircea_popescu: http://log.bitcoin-assets.com/?date=24-04-2015#1109638 << or the year is 2800 and the blockchain's too heavy. or or or. ☝︎
mircea_popescu: http://log.bitcoin-assets.com/?date=24-04-2015#1109636 << well obvously we'd be also discovering how to know on the same ticket. ☝︎
assbot: Logged on 24-04-2015 17:25:09; nubbins`: this is like being arrested by a cop with a tin badge
mircea_popescu: http://log.bitcoin-assets.com/?date=24-04-2015#1109582 << problem is the ascii involved. everyone plays with the bits. usually material is singed pre-emailing, whiuch then wordwrap(80)s ☝︎
mircea_popescu: then they get butthurt when people say they have nfi what they're doing.
mircea_popescu: but srsly : should prolly talk to the doctor. iirc this is an early sympthom.
davout: sticky eyelids? no thanks
davout: i keep feeling like "hey, i should take my contacts off, they're getting dry", except there are none to take out
mircea_popescu: don't they give you a special dropper ?
mircea_popescu: i thought you had to drip-refill them every hour.
assbot: Logged on 24-04-2015 17:21:58; asciilifeform: !rate kakobrekla 4 expert infrastructural welder. holds up the sky.
trinque: obviously any truism in systems design can be undone by a particular case
trinque: davout | trinque: i'm not getting dragged into "where should application logic live" debates :-) << can be quite enjoyable as long as one's not personally attached to the outcome
assbot: Logged on 24-04-2015 19:39:31; funkenstein_: thanks davout, anyway I should keep better notes but I was starting here: https://bitcointalk.org/index.php?topic=1033396.0;all
assbot: Logged on 24-04-2015 17:03:46; danielpbarron: i had to look that word up. seems to mean "warehouse keeper"
mircea_popescu: http://log.bitcoin-assets.com/?date=24-04-2015#1109517 << sokoban is this ancient knapsack problemizer implemented for ms-dos. it was a riot. as famous as tetris. ☝︎
assbot: Logged on 24-04-2015 17:02:05; nubbins`: of note: the text of the notice was PGP-signed
mircea_popescu: http://log.bitcoin-assets.com/?date=24-04-2015#1109509 << you gotta post this thingm ☝︎
mircea_popescu: o look, nubbins` survived the oven monster!
assbot: Logged on 24-04-2015 16:47:53; pete_dushenski: williamdunne: not at all. and nor do i. just that the context has never and will never be evenly distributed. so no averages. so no predictions. no 'over-represented'
mircea_popescu: http://log.bitcoin-assets.com/?date=24-04-2015#1109474 << you know the mathematical criteria for a set to include its average is not "even distribution" ☝︎
trinque: there's no real reason why the db can't be involved in application logic
trinque: davout: however, what's wrong with a before trigger that does precisely that?
trinque: I agree with that.
trinque: maybe we are talking past each other
davout: trinque: nah, my point was that the rdbms-should-enforce-all-structure approach isn't very sensible, unless you're ok eventuall ending up with a spelling and grammar checker for your text fields
assbot: Logged on 24-04-2015 16:16:52; williamdunne: I suppose the "cringe" is about how brazen it was
assbot: Logged on 24-04-2015 16:12:23; mats: i started buying AMZN after it became clear they had intentions of becoming a USG contractor
mircea_popescu: http://log.bitcoin-assets.com/?date=24-04-2015#1109378 << this is sensible. ☝︎
assbot: Logged on 24-04-2015 15:01:11; williamdunne: Eh, not too concerned about it
mircea_popescu: http://log.bitcoin-assets.com/?date=24-04-2015#1109367 << you actually getting any packet spam or is that thing history by now ? ☝︎
Pierre_Rochard: “painted into a corner” is the phrase that comes to mind
trinque: Pierre_Rochard: indeed, I've done it to myself
Pierre_Rochard: trinque: I’ve seen this first hand. Unfortunately the reinvention doesn’t happen until problems arise and the sunk costs prevent a switch to SQL
trinque: you'll reinvent constraints, referential integrity, transactions, so on and so on
trinque: to the extent that you choose to implement it yourself in an application layer, your efforts will approach what is already present and has 40+ years of research behind it in relational databases
trinque: the enforcement of structure can live in the component you're using to store data, or in your application layer
trinque: davout | well, you, just pushing that to the extreme to show that, even though i hardly ever use it, this unstructured nosql approach sometimes is useful, and isn't *inherently* evil like you seem to imply << there is no such thing as unstructured data, only a question of how rigorously structured it is, and what is used to enforce that.
assbot: SF Bitcoin Devs Seminar: Scaling Bitcoin to Billions of Transactions Per Day - YouTube ... ( http://bit.ly/1EA931K )
funkenstein_: and this talk seemed decent: https://www.youtube.com/watch?v=8zVzw912wPo
assbot: Semi-soft-fork to decrease the risk of tx malleability ... ( http://bit.ly/1EA8FjG )
davout: ben_vulpes: whichever is included in a block is frozen in the amber, but it's not necessarily the version that has canonical DER-encoded sigs
ben_vulpes: davout: aren't txids canonical after block inclusion? ☟︎
funkenstein_: if it is as simple as adding a SIGtype, that sounds fine but my understanding was there was still some subtleties on the table and gmaxwell said wait 2 years
davout: ben_vulpes: so my plan is to start bu something easier, probably ripping out the "accounts" braindamage to get familiar with the build and patching process
davout: funkenstein_: dunno, if i'm asked i'm all for canonical txids
ben_vulpes: (outletpair, actually, and the unused one.)
ben_vulpes: (i was just thanked by someone who plugged into the same outlet as me. wtf.)
davout: ben_vulpes: testnet excision is easy, making the genesis block configurable is the harder part, you also need some standalone tool to generate genesis blocks
funkenstein_: davout, is that all ok and likely to be folded into reference impls?
ben_vulpes: davout: a change to block inclusion rules?
ben_vulpes: none of this half-assed "dear state or magic maths please save me from my own derpitude"
ben_vulpes: either trust your counterparties and deal with them, or don't and don't.
ben_vulpes: you're just going to hurt your head
ben_vulpes: ya well stop trying to impose derpy fiat notions on bitcoin
ben_vulpes: (subject of, davout how goes the testnet excision? my digs show less than 50 mentions throughout the whole codebase)
jurov: traditional hawala seems to work without much technology, why sudden need to introduce nonstd or private TXs?
ben_vulpes: (entirely aside, in a fevered moment of sleeplessness on the plane from bsas i looked into ripping out the nonstandard transaction relay blocking stuff)
funkenstein_: as i see it these channels will require private TXs, that is given directly to miners, to avoid malleability issues
ben_vulpes: how could there be? it is of necessity a meatwot thing.
ben_vulpes: i was always under the impression that there was no single hawala network.
ben_vulpes: i thought i was using it correctly
jurov: or you came up with this new term - halawa?
jurov: ben_vulpes: you stretch it too much
assbot: 1 results for 'asciilifeform timelock' : http://s.b-a.link/?q=asciilifeform+timelock
jurov: !s asciilifeform timelock
funkenstein_: payment channels sound great, trustless off-chain TX heaven
Adlai feeds the head, bbl
Adlai: http://log.bitcoin-assets.com//?date=27-02-2015#1035451 < actually, this obviates the need for a microtransaction sidechain ☝︎
ben_vulpes: no no, not the halawa for the muslim at the mosque
williamdunne: jurov: Somewhat trustless
jurov: anyone thought about how the bitcoin hawala ought to work?
Adlai imagines hawala also has higher throughput and lower transaction importance than the hypothetical bitcoin-in-ten-halvings
Adlai: stop thinking either, start thinking tankers full of gold
danielpbarron: let the former swift users figure out how to fit through the new hole
ben_vulpes: williamdunne: stop thinking swift, start thinking halawa
williamdunne: Where fees are the norm ☟︎