asciilifeform: i can picture that it'd impress folx who experienced 'typical' technology being webolade, ducttape, perl. the way austrian bidet impressed asciilifeform's grandfather.
asciilifeform: it was obvious that it'd work, in this sense, on day1
asciilifeform: how could they move ? it's a pretty hard thermostat
asciilifeform: scaled all the way into becoming a chinese national property.
asciilifeform: the asic-building tourney is intrinsically cartelizing.
asciilifeform: mircea_popescu: it isn't cleat to me that wot isn't the troo solution to time. e.g. 'i'ma follow the multiverse mircea_popescu picks, and fuck everyone'
asciilifeform: i suspect that if you ditch autoconf, and snip out ALL #ifdef crapola (esp. and inclusive of uniturdism and 'localism' ) you will end up with a sysv-sized util
asciilifeform: ( to complete the picture above : no pow, but a tx ~does~ carry a lubyism, e.g. three lengths of 64bits , each of these the xor of 3 64bit substrings of the world-state, hashtronically selected based ~strictly on the tx payload's hash~ -- nothing to waltz, yer stuck with so-and-so lubyism obligation to fulfill by virtue of yer inputs being such-an-such and yer outputs such-an-such )
asciilifeform: but entirely possible that it was in my blind spot. so i'ma leave this here, and make moar detailed sketch if mircea_popescu asks , later.
asciilifeform: i modelled this item on paper, and did not find any obvious place in which to put a crowbar and make the thing break apart in the 'rewrite history' sense.
asciilifeform: to prevent 1 d00d with fat wallet from monopolizing all future blocks, would have to count 'mass' only for resolving forks of length 1 . (i.e. 1 block, however 'heavy', cannot 'outweigh' 2. )
asciilifeform: however there is no block reward. anyone can proclaim a block, so long as he can find one or more valid tx that haven't sat down in a block yet. the 'pow value' of the block , for the purpose of longest-chain, however, consists of the ~total coins moved~ in the tx-en that sat down in it.
asciilifeform: prolly i'm doomed to describe a complete algo nao. so consider : no pow. a block is 2^20 bytes . it can hold a certain # of fixed-length tx ( i will not repeat earlier scheme, with the luby etc., imho it was adequate. ) ;
asciilifeform: ( i.e. when you craft such a tx, you're doing it against a specific picture of whole blockchain, from t==0 to your highestknownblock )
asciilifeform: and, i'll add, in light of the luby proof-of-storage item.☟︎
asciilifeform: this gedankenexperiment should be seen in light of the earlier 'all tx have absolute position and make references to absolutepositional outputs' item from earlier 'trbi' thread.
