550900+ entries in 0.337s
davout: i
think
the idea of a one
time bump of
the block-size limit is actually much less braindamaged
than
the perpetual increase approach or infinite size
that are pure folly
mircea_popescu: guess what : mining is a marginal business as it is, and exactly
the problems
that ruined
the western
textile industry in your parent's lifetime can and will, if given a chance, ruin bitconi.,
mircea_popescu: but
the notion
that mining will still work no matter how badly
the incentive structure gets ruined, because somehow mining is a god given gift / universal service obligation of nature
to man doesn't.
mircea_popescu: somehow
the idea
that you can get "just as good food and service" no matter how cheap a restaurant meal gets, like say a cent, or 1/1000th of a cent, is directly stupid
to people.
mircea_popescu: and
that doesn't actually even begin
to address
the (unrelated) problem with "infinite blocks", which is market destruction out and out.
mircea_popescu: davout: justusranvier: in your article you shouldn't be reasoning on
the cost of including a
transaction in a block as (cost of one block / number of
transactions) but you should reason on
the marginal cost of adding a
transaction
to an already existing block
that i'm currently mining << quite
mircea_popescu: davout: MAH HARICUT IS SIKRIT BZNS << honestly i had no idea it's a haircut. i had imagined it's simply whatever's left once
the neighbours are done cutting
their hedges.
mircea_popescu: ben_vulpes: contains "fix issue" buttons << lol
this sounds like early chinese factory automation
mircea_popescu: and by
the
time it's out of cycles,
that drive has seen petabytes worth of
traffic.
the cost of 1 petabyte of pipe exceeds
the cost of
the drive many
times over
mats dials up swap
to 8gb
mircea_popescu: shitty
turdware in
the chip more likely
to be
the culprit in any case.
mircea_popescu: no, srsly, kakobrekla has it. i've seen more controller failures
than anything. actually out of cycles deaths are so rare i don't recall one.
BingoBoingo: mats: From what I've read on btrfs it seems
to be mostly a multi drive arrangement beast
that apes at being ZFS while failing on more edge cases
STRML: also helps if can afford
to
turn off swap, and
turn off hibernate.
STRML: Best way
to prolong SSD life is
to keep a decent amount of free space on it so
TRIM can work its magic
kakobrekla: cosumer grade ssd. ..
the controller will die first.
undata: "This drive rated
to over 10000 Facebook page loads!"
mats: asciilifeform: right. people more
technically proficient
than i have suggested 'btrfs' instead of ext4, but i suppose SSDs will drop in price quickly enough for me
to not care
STRML: which is why
they sell server SSDs for a higher price.
STRML: not horseshit, for
typical consumer use it's fine. For long-term data storage or server use, it's not
STRML: so long are you're not running
TLC NAND you're fine for a good long
time, and even if you are, a pretty reasonable amount of
time under most loads
STRML: generally you don't have
to worry about running out of writes on most modern SSDs
mircea_popescu: ahahaha wait, wait. so gavin actually sprouted
the ninjashogun line re b-a "conversation quality" ?!
BingoBoingo: davout:
This one differs in quantcast showing EVERYONE
the visitors who happen
to load quantcast junk while visiting your page
davout: BingoBoingo: is
that a different flavour of
the same
thing or is
that fundamentally different?
assbot: Today in Silk Road proceedings, prosecution showed
that
the Dread Pirate Roberts private PGP key was saved on Ulbricht's computer.
mircea_popescu: it's not likely
to make a difference mats. hdds are hceap enough.
mircea_popescu: ben_vulpes: i can't spot *every* scam << o wow, do we get
the sad, blood splattered,
tear imbibed story of it ?
mats: i have read
that many filesystems have behavior
that is unkind
to
to writes
STRML: SASL is
the key
there
mircea_popescu: where are
the retarded bois going
to mix cvasi azure with moss green and gold!
mircea_popescu: hory shit it's going
to be
th ecase nobody actually wants a PROPER web page ?!
Adlai isn't sure what
to make of
this, but it's good enough for him
davout: kakobrekla:
this looks like a dump of a php array, sort if dictionary, or maybe an array, depending on
the amounts of "="
Adlai: oh but yes
this is jsons
mircea_popescu: Adlai
there are jsons. i am
thinking about putting a job up for site-ification of
those outputs.
Adlai: is
the asswot online yet? as in, visible from
the www?
mircea_popescu: asciilifeform you know
that scammer creativity analysis actually sounds very like soviet police doctrine, on meditation. didja get it out of some book ?
xanthyos: is
the price of bitcoin moving up
today a response
to gavin being dissed in assets?
assbot: Successfully added a rating of -1 for gavinandresen with note: with note: pathetic usg muppet.
tirelessly schemes
to zimbabweize bitcoin in
the name of 'inclusion.'
mircea_popescu: asciilifeform: Pierre_Rochard:
there is nothing, and good reason
to
think
there cannot be, anything which even rises
to
the level of an ersatz. << in economics, substitute is a functional substitute not a logical substitute. in
this sense, your feet are a substitute for a
train.
mircea_popescu: so you're spending 100 cakes per loaf of bread instead. because
this is "economics" as understood by "expert economists" : oleg andreev, gavin assassinsen,
that nytimes
thoctchke what's his name
mircea_popescu: becase IT IS POSSIBLE
that in YEARS!!!! it may go as high as i dunno, 5cents ? a whole quarter ?
mircea_popescu: like you know, if bread in your african village is 5 dollars a loaf, and
there's cake at 2 cents, you won't buy any cake.
mircea_popescu: Pierre_Rochard: not
to mention,
the
transaction fee _today_ is $0.02. Where is every man woman and child? Why are
they not
taking advantage of
this amazing opportunity?? << because,
the argument goes,
they're so farsighted into
the future,
this children of
the paycheck loan,
these african seasonal hunters,
that
the POTENTIAL of it costing maybe more
tomorrow perhaps is inhibiting
them.
assbot: Successfully added a rating of -5 for gavinandresen with note: okey dokey, we have a fundamental difference of opinion on where
the project should go.
STRML: Yeah. Will have
to configure on
the bouncer.
Thanks for
the headsup
mircea_popescu: lol. "k guise, i guess we have a fundamental difference of opinion about
this here wide screen
tv i stole from your place"
danielpbarron: !rate gavinandresen -5 okey dokey, we have a fundamental difference of opinion on where
the project should go.
mircea_popescu: but in point of fact
the "monetary pholgiston" so
to call
the idealised
thing is very poorly understood.
mircea_popescu: surely. and for
that matter piss-poor models for bitcoin.
that example is easily more misleading
than useful.
mircea_popescu: Pierre_Rochard you know,
the "say
the word, nodes ready, miners ready within a recompile" messages i got so far and
that keep piling in...
Pierre_Rochard: gold and silver are much, much closer substitutes
than bitcoin and, say, litecoin or coinbase.
BingoBoingo: mircea_popescu: Well, maybe he accidentally invented it cleaning. I mean bleach disinfects and ETOH disinfects. Maybe he really wanted
to get his piss dribblings off of
the bathroom
tile?
mircea_popescu: so
there DOES exist some elasticity in
the monetary good.
mircea_popescu: to some degree
the demand for gold was elastic, and
this is
trivially proven by
the fact
that while industrial revolution europe used gold, china opf
the
time used silver.
Pierre_Rochard: mircea_popescu: I agree,
the only model is what actually ends up happening. I
think
the miners will get a
taste for
that inelasticity and jealously defend it. I
think Gavin & co fear
that more
than anything else
mircea_popescu: (discounting, of course, frustrated nobodies a la adam back, who are so cocksure
they imagine
they invented clorophorm)
mircea_popescu: i don't know anyone
that seriously
thinks
they have a model on it
Pierre_Rochard: mircea_popescu: because I
think
the
tx fee is inelastic
to
the point
that it’s doubtful
the limit will ever be raised
Pierre_Rochard: mircea_popescu: I was interested in hearing gavin defend
tx fee elasticity, not much else
BingoBoingo: "The arrest of Mr. Farrell is proof
that federal law enforcement continues its efforts
to root out
those who subvert
the Internet
to set up black markets for illegal goods." << STFU
mircea_popescu: I don’t want
the developers setting it every
two months, but I dont’ see a way
to make fee revenue per block drive it (because
the real-world bitcoin exchange rate is so variable) <<
this is particularly fucking stupid
BingoBoingo: Oh, and CoinDesk finally got
to a story on
the arrest, but
they instead cover
the FBI Press Release.
mircea_popescu: uh
this log. so yesterday^H^H^H^ earlier
today ben_vulpes is all like "god i love you guys".
then i get all "wtf is
this derp
thinking, giving usgavin room
to pretend for ?" and next line in log, sure enough...
assbot: Successfully added a rating of -1 for felipelalli with note: has a very strange idea of when it's
time
to
talk.
mircea_popescu: !rate felipelalli -1 has a very strange idea of when it's
time
to
talk.
mircea_popescu: anyway, ftr,
there's nothing at all in
this gavin
thing. so he came in, derped about nothing in particular, found his way out. at least a dozen random noobs/spammers performed just as well.
kakobrekla: me? im a realist,
thats why im pessimistic.
mircea_popescu: b)
the spammy link you replaced it with isn't even local. or useful.
mircea_popescu: a) It's not nice
to snip
the source link - if you
thought
the guy;s work is good enough
to use,
think
the guy is good enough
to credit ;
kakobrekla: mats pretty much, and given
the number of able people here, it will never get done
BingoBoingo: Oh a qntra submission
to /. got accepted, but in linksnipped form, Instead of
the qntra story
they link spamm-mysanantonio.com which isn't even remotely local
to
the fucking arrest!
mircea_popescu: kinda hoping
that
the by-default gossipd keystore system may be enough
mats: guess we'll have
to run a keyserver now.
mircea_popescu: kakobrekla: i noticed when i was coding
that keyservers
tend
to go down a lot <<
this is
true, and has been for a while. pgp keyservers like
the weakest link in
the assets system currently.
mircea_popescu: BingoBoingo re
that post, lemme
tell you how flattened i was by davout using "posteriority" :D
mircea_popescu: anyway, i figure if someone goes
to
the
trouble of getting a cloak
they prolly care about it.
mircea_popescu: which is fundamentally why
they gotta keep quiet, for
that matter.