log☇︎
630500+ entries in 0.436s
skinnkavaj: mircea_popescu: Hard to take anyones word seriously, I can only judge by the flock of bitcoin developers in #monero-dev, I am not trusting 1 guy named jl777 that he will create a "Supernetwork" while he also have created 50 other altcoins. I am instead trusting the names assoicated with Monero. Familiar names to me. Also unless BTC is forked it will be the transparent coin and this is
mircea_popescu: "Let us first talk about the elephant in the room. Who am I? And why the newbie account? Answer – There are many egos at work in BCT. These egos make fact based discussion difficult. "
skinnkavaj: mircea_popescu: Some guy running many pump n dumps in the altcoin scene
mircea_popescu: skinnkavaj who the fuck is jlxxx anyway
BingoBoingo: It ought to be http://atc.blockr.io/address/info/12djAcViRDNpfzkBEpN2N1RXCDocNi41BV
RagnarDanneskjol: maybe. is the address accurate on drinking blog for pool mining BingoBoingo ?
BingoBoingo awakes to ...a pool?
RagnarDanneskjol: i would check with him to be sure address is up to date
skinnkavaj: The truth is out: https://bitcointalk.org/index.php?topic=780481.msg8806758#msg8806758
chalbersma: Okay I'll grab his address when we get to that stage.
mircea_popescu: and i'll have x-rob point his miner to it once you're all set up too
chalbersma: Generally it's a good idea to use an address from a wallet not on the same server as the pool. That will ensure that if the server is compromised there's less that can be stolen.
chalbersma: Also whose ATC address is going to be the base address for this pool?
chalbersma: That's the plan I do need to go run some errands though so I won't be able to start until later today.
RagnarDanneskjol: droplet is set and ready to roll. chalbersma - are you gonna work on this today?
gribble: Rating entry successful. Your rating for user mircea_popescu has changed from 2 to 2.
gribble: Rating entry successful. Your rating for user RagnarDanneskjol has changed from 1 to 2.
mircea_popescu: you don't need the quotes i dont think
gribble: Rating entry successful. Your rating for user chalbersma has changed from 1 to 2.
gribble: (rated <nick>) -- Get the details about the rating you gave to <nick>, if any.
gribble: You rated user chalbersma on Wed Sep 10 23:17:00 2014, with a rating of 1, and supplied these additional notes: new blood..
chalbersma: I'll start working with Ragnar to get it setup.
chalbersma: Let me generate one for this transaction.
mircea_popescu: chalbersma so i was saying, you can have the .2 but not the ads. dun imagine you lose all that much by it anyway
RagnarDanneskjol: I'll give you some free career coaching too, brush up your resume and whatnot
chalbersma: In theory we could take a "cross that bridge when we come to it." position.
mircea_popescu: chalbersma okay, you can have the .2, but i'd rather not ad the thing up, so.
RagnarDanneskjol: no, I am fine thank
mircea_popescu: you want an add too ? :))
mircea_popescu: RagnarDanneskjol what's that cost ?
chalbersma: Well cat's out of the bag.
chalbersma: I've got it setup currently on a home connection. You can check it out but I'd like to give the ip over pm to keep some semblance of keeping my IP private.
mircea_popescu: chalbersma what's this going to be running on ?
mircea_popescu: chalbersma ad to what ?
mircea_popescu: lol let the guy get paid what.
chalbersma: If the budget allows I was thinking that allowing me to place an add on the web interface page + ~0.2 BTC initial compensation for setup on Ragnar's hardware seems reasonable. It gives me an incentive to continue maintenance because of the add while giving me enough up front to satisfy the fiancee that the hours I've already spent working on it were worth it.
RagnarDanneskjol: i tried to get him to take one for the team so he can hang with the cool kids - but the man's GREEDY
mircea_popescu: no reason for it to be awkward.
chalbersma: Well now's the awkward budget period where we discuss how to get paid. :)
chalbersma: Indeed this is so.
RagnarDanneskjol: i understand chalbersma already set up atc p2pool on his home machine and did some test mining. I volunteered some server space to host ongoing. will let you gents figure out the rest
mircea_popescu: oh that
jurov: they want to be the one "i did not know i cannot be done, i boldly went and did it"
mircea_popescu: if the protocol had been written, it'd have been obvious to anyone sane why this thing can not be done. as it wasn't, people can persevere into trying to push mud uphill, because there's nobody to "prove to them" that's what it is, and they refuse to believe authorities that know better than them can even in principle exist.
mircea_popescu: <thestringpuller> No one can seem to figure out how to use nLockTime without a third party to prevent double spend. << for a fundamental reason.
asciilifeform: pick an N that sends you grinding, on what hardware you can obtain, for Y year.
asciilifeform: if you like timelocks, just lose N bits of private key.
thestringpuller: No one can seem to figure out how to use nLockTime without a third party to prevent double spend.
thestringpuller: E.g. one could time-lock 1 bitcoin for 1 year to create a FrozenCoin. This can be done using nLockTime property of a Bitcoin transaction, but we would need an oracle (e.g. a trusted third party) to prove that a coin can't be spent before the specified time.
thestringpuller: For the start, we need to introduce the concept of a FrozenCoin. FrozenCoin is simply a bitcoin which cannot be spent before a certain moment in future, i.e. a time-locked, frozen bitcoin.
asciilifeform: http://i.imgur.com/z44bhed.png << people asked about this, a few times, at various times. and herr corkami has good schoolbook picture of it.
assbot: [HAVELOCK] [PETA] [PAID] 4.00195824 BTC to 1`149`988 shares, 348 satoshi per share
assbot: [HAVELOCK] [RENT] [PAID] 4.54929696 BTC to 162`012 shares, 2808 satoshi per share
assbot: [HAVELOCK] [B.MINE] [PAID] 1.41107631 BTC to 15`393 shares, 9167 satoshi per share
jurov: let's agree on clacktower protocol in advance then
mircea_popescu: what's this, de loyola's calvinism ?
asciilifeform: think btctelegraph is slow? wait till we're morsing by hand over spark gap in the ruins.
asciilifeform: jurov: 'doctor, it hurts when i do that.' 'don't do that.'
mircea_popescu: it's supposed not to work
jurov: btw, how would the blockchain telegraph deal with XX btc transactions/second limit? #b-a woud break it often
mircea_popescu: course he hated the banks cause he hated the jews, but hey.
mircea_popescu: it occurs to me ezra pound would make fine reading for b-a. he hated the banks.
mircea_popescu: There once was a pore honest sailor, a heavy drinker, a hell of a cuss, a rowster, a boozer, and the drink finally sent him to hospital, and they operated, and there was a poor whore in the woman’s ward had a kid, while they were fixing the sailor, and they brought him the kid when he came to, and said : ‘Here! this is what we took out of you.’
jurov: "serverless" means "everyone has to be a server"
asciilifeform: anyone who 'comes with a sword' - doesn't get his back. that simple.
asciilifeform: the fellow with the privkey to throw back the coins to originators
asciilifeform: there is exactly one human necessary in the loop (as proposed)
mircea_popescu: people should be involved, and their involvement required, or otherwise shit happens.
mircea_popescu: really, the problem is its context, it's too metaphysical. you're not supposed to solve practical problems that way.,
asciilifeform might speak into telegraph, and let it be known, see who answers - but is otherwise occupied at present.
mircea_popescu: so there's something wrong with this easy fix
mircea_popescu: by this measure, bitcoin also already existed, in 2004.
mircea_popescu: well so then of course it can't be made.
mircea_popescu: in those terms, your telegraph already exists.
mircea_popescu: not the point here tho.
asciilifeform: easy fix. don't publish the client.
mircea_popescu: listen, do you agree making things "so easy to use even an idiot could use them" is bad policy ?
nanotube: heh sure because 'nature' doesn't have volition to do anything 'deliberately' :)
nanotube: nature does take care of its own stinks though. :)
mircea_popescu: jesus you're all too smart to argue with, what is this! counterexamples and shit :D
mircea_popescu: who knows what comes out of the ecosystem built around this undersea volcano of satoshis
mircea_popescu: nature doesn't stink and factories all do because nature allows things to be expenses and industry does not.
nanotube: mircea_popescu: ah i see. well, at .0001 btc per tx, 1btc will last for a while. you could also just not reveal the data packet until you take the btc back out.
mircea_popescu: "woman could just go outdoors naked ?" "could, yes, but gangrape" sure. except if they all do, because no rapists, gang or otherwise, can keep up with women if it comes to the biology of it, which is how it's designed. and so...
mircea_popescu: asciilifeform: could, yes. and then overruled on appeal. (very embarrassing, if not career-ending event, for patent judge) << this works if the event is rare. if the event is common, it stops working. consider :
mircea_popescu: don't tell me the plan is to throw out ip or something.
mircea_popescu: i mean it's quite clearly by the book libtard orchestrated nonsense. cui bono ?!
mircea_popescu: asciilifeform: the patent office thing is a crock of shit. << you know i wonder why the press is moving against the uspto.
mircea_popescu: justusranvier favours the later approach :)
mircea_popescu: oh, you were asking who. i am seeding it, after which if we run it by donation we run it by donation, or else users will have to pay.
RagnarDanneskjol: oh that too
nanotube: RagnarDanneskjol: who gets to send the 0.0001 btc, such that they don't mind someone else getting it (whoever fastest at getting out the spend tx?)
mircea_popescu: which implementation is a large portion of why im here in the first place. if it hadn;'t existed it's unlikely vragnaroda'd have had what to seduce me with
mircea_popescu: he implemented gribble and the wot
asciilifeform: nanotube - original author of this entire orchestra ?
mircea_popescu: ty nsa. you make the world better for democracy.
mircea_popescu: here's how idiots change the world : they do stupid shit which makes smart people get off their arse.
mircea_popescu: anyway ping you for tests once this thing is delivered ?
mircea_popescu: anyway, it's not even spam, it's one extra tx every six blocks on average at the most.
RagnarDanneskjol: nano - I contacted you about helping build it a coupl months back. i think it Might be done this weekend