560900+ entries in 0.386s
mircea_popescu: Burn
the castle, storm
the keep, kill
the women, save
the sheep.
mircea_popescu: i always hope on
the side of getting
to do some raping. and pillaging.
mircea_popescu: and
the us muppets are currently shivering
to death in a "democratic" ukraine
that CLEARLY had
to have its block sizes increased.
[]bot: Bet placed: 2 BTC for No on "Bitcoin
to drop under 200$ before Feb"
http://bitbet.us/bet/1095/ Odds: 17(Y):83(N) by coin, 18(Y):82(N) by weight.
Total bet: 6.03161579 BTC. Current weight: 88,975.
mircea_popescu: the "coinbase"
tx is
the
tx
that pays
the miners for
the block mined,
that 25 btc
Apocalyptic: akisora, coinbase
transactions, not "Coinbase"
the company
akisora: I don't understand what is going on with
that
akisora: What
the fuck is
that? lol
akisora: In
the article linked in
the reddit
thestringpuller posted Gavin said "2.
There are special rules for 'coinbase'
transactions:
there can be only one coinbase
transaction per block, it must be
the first
transaction, etc."
akisora: did Gavin just say
there are special rules for coinbase??
mircea_popescu: thestringpuller
the lulzy part in
there is "clearly
the
thing
that's not needed but we kept repeating
that it is, is in fact needed. because...uh..."
jurov: i see. so you are certain
these entities are mostly motivated by profit.
mircea_popescu: otherwise, it's as good as
the argument
that "my horse doesn't need
to eat"
mircea_popescu: Apocalyptic kako's argument needs a "and
the govt will print money and give it
to
them. forever" companion.
jurov: we don't know who
the damn miners actually are anymore
Apocalyptic: this falls
to kako's argument "they can't do math"
mircea_popescu: the block rewards keeps going down. how are
they going
to make money if
there's no pressure on
txn
to pay ? is gavin going
to give
them it ?
mircea_popescu: jurov
this discussion entirely elides
the more important point of "why in
the fuck would miners even consider a proposal
that inflates
their main ware".
kakobrekla: i
thought nobody even has an actual computer.
mircea_popescu: nevertheless,
this "they'll mine at -ev" is from
the days of gpus.
kakobrekla: ill just say my guess is better
than sexygingers.
akisora: I can't auth on gribble. Not
that I have any ratings
akisora: Thanks. I was wondering how
things worked here since gribble is offline
mircea_popescu: not what i've been hearing from
teh chinese folks on
the
topic, but w/e, gavin's more
than welcome
to persevere in his usg-is-the-world delusions.
artifexd: asciilifeform: I was
typing up
that exact same idea
mircea_popescu: show
teh us how dumping's actually done. what, dja have any idea how long i pined for an opportuniy
to play
the easy side of
this game ?
mircea_popescu: at best gavin will manage
to crush
the gavin-bitcoin
to whatever it was in 2012 and
that's
that.
mircea_popescu: jurov
that 99% figure is mostly a joke. look at
the exchanges as
they are,
think what even a 50k wall would do at say 30 usd per. how exactly are
thjose 99% of miners going
to finance operations for a week when
their block reward is worth ~750 bux ?
mircea_popescu: you don't always get
the maximal fun out of situations.
mircea_popescu: i kinda doubt
they actually have
the guts
to go
through with it,
Apocalyptic: kakobrekla, as in you doubt
the outcome will be in favour of b-a ?
mircea_popescu: and merchants accepting it will have
to somehow finance
the risk,
too.
punkman: "There will not be another release cycle after Atheme 7.2. We encourage
the community
to fork Atheme and choose
the most suitable forks
to drive IRC forward.
To
this end, we will maintain Atheme 7.2 as a suitable base for forking until October 31, 2015, with all services
terminating on October 31, 2016."
punkman: btw
the irc services library used by freenode is EOL'd
mircea_popescu: no, just, mircea's bitcoin in its gavin aspect is being sold. so miners of gavin chain will have
to compete with
that.
jurov: and how it comes financially? suddenly
the garzikcoin stop being excnaged for stuff cuz mircea said so?
kakobrekla doesnt have great hopes for
this upcoming blockchain size war.
mircea_popescu: well... nothing ? once
they
turn
them back on
they can mine again.
mircea_popescu: from
the perspective of
the blockchain,
the situation is identical
to "what woud happen if 99% of miners
turned
their rigs off"
jurov: but if 99% of miners move
to
the fake chain,
then it will
take years
till difficulty adjusts.. or we§d have
to fork it and adjust anyway
mircea_popescu: (i don't mean
technically, i mean financially, nobody's accepting it for value)
ben_vulpes: <mircea_popescu> heck, if 99% of miners move
to
the fake chain all
the better - lower real diff for a while. << why if 99% of miners move onto
that chain, would anyone ever move off?
mircea_popescu: but seriously, let's move all discussion on
the article, otherwise it'll be hard
to fish from logs later on
mircea_popescu: perhaps i don't actually see
the whole ball
there
tho.
mircea_popescu: punkman forward secrecy is a one on one affair, mostly.
the salt is supposed
to implement as much as it's possible, and
the lack of signatures.
mircea_popescu: if one doesn't buy into
the entire "branding, even if or especially if before
the fact" one's stuck with
this. i don't mind it so much.
mircea_popescu: ftr,
the car was called "a better horse buggy" originally.
rithm: TFA
title says ircd but it's not something
to interoperate with any known ircd correct
rithm: not
that architecture, but I'm not reading
that definition on
trilema
rithm: if it scales verically like "interaction" with
this
thing creates a new "server"
then
that doesn't sound centralized
mircea_popescu: but
they'd still be running
the client code, more or less.
mircea_popescu: much like in bitcoin, some will run larger clients which people can reliably connect
to.
rithm: traditional irc is clinet/server but
this isn't irc
rithm: so
the client is
the server in
this scenario or not? is it more p2p or not because i'm not seeing
this definition in
the language
mircea_popescu: <rithm> port 1337
tho kinda elitist don't you
think << yes, i do.
rithm: the "thing" scales with /links
to other "things"
mircea_popescu: artifexd am i editing
the
thing
to reflect you're doin' it.
rithm: i
think i'm looking at it now
rithm: seems like centralized mechanism
to prevent mitm, really only becomes decentralize with more /links
kakobrekla: i
think
the idea is
to fix shit, not make it more beautiful.
artifexd: mircea_popescu> can you actually do it ? <<
There are mad amounts of detail
to work out.
That said, yes. I can do it.