687400+ entries in 0.464s
fluffypony gives it
to mircea_popescu all night long
fluffypony: smickles: make sure you watch
the video
assbot: BMF has lost access
to it's wallet [UnModerated]
smickles: even if all but a few lost
the chain, i would be very suspicious of
that few
hdbuck: mircea_popescu im not
taking anything personnally, i really appreciate your inputs man..
the average propaganda almost got me with
their Carebears and unicorns. i'd rather being insulted for my stupidity
than
thrown a lollipop in my mouth ^^
mircea_popescu: it's
the fucking scriptures you understand, if we all manage
to lose
the chain at
the same
time we're fucked.
smickles: oh my, is usagi still a
thing?
diametric: just
talking about
the blockchain, not my keys.
mircea_popescu: diametric> mircea_popescu:
thats probably a good idea
to start doing. perhaps keep it on a usb stick on my keys or something, gets updated when i plug it in. << or on a 4 redundant raid array, under concrete.
Namworld: What
the hell?
That's one hell of a misread.
mircea_popescu: benkay: you don't need a blockchain
to accept/send btc. << not
to mention
the coinbr
thing. he really doesn't need
the blockchain at all.
hdbuck: mircea_popescu hum i dont, just wondering here and
there.. looking for answers :)
mircea_popescu: hdbuck well what makes you
think you have any sort of a vantage point ?
princessnell: mircea_popescu right vs wrong centralism is what my article
tomorrow is about. but as you know i am a gentle
touch.
bitstein: "Centralization" is a vapid
term without a sound
theory of monopoly and competition.
mircea_popescu: as
the world and everything else was meant
to work in
the first place.
hdbuck: mircea_popescu hey man, hum its just i was kinda concerned with supernodes and
the people
that will run
them once
the BC's size would be
too big for
the average person
to handle.
mircea_popescu: instead, bitcoin favours centralism in
the hands of unelected and unaccountable, unrepresentative lords.
mircea_popescu: oppose
the ~wrong~ sort of centralism, ie, centralism in
the hands of
the more or less representative, more or less elected representatives of "people" as in, reddit derps.
mircea_popescu: hdbuck: benkay : well, some argue
that
the more
the blochain size increase,
the less people would actually download it
to use bitcoins. other also argue
that it would give more power
to supernodes, centralising bitcoin, which was something
that bitcoin was suppose
to oppose. >> bitcoin was never intended for "people" in
the sense of reddit derps, and bitcoin was never intended
to oppose centralism. it was intended
to
diametric: mircea_popescu:
thats probably a good idea
to start doing. perhaps keep it on a usb stick on my keys or something, gets updated when i plug it in.
mircea_popescu: diametric: I have
to admit, its annoying getting a fresh copy of
the blockchain in a new client, even
though I have
the space, and I have 75Mbit internet, it still
takes over 2 days. << i keep a master copy like
the holy fucking scriptures. which is what it is anyway
princessnell: good! just finished an article for
tomorrow. how are you? still on your rainbow
tour?
dub: women dont need
to rely on men not
to be rapists!
dub: so one half of our sepcies should require additional
training
to protect its ass from
the other half?
fluffypony: they should shut down Rape Schools across
the country
smickles: i don't
think i've knowingly encountered a society of rapists
assbot: ‘Rape culture wins’: Feminist freakout after Miss Nevada dares suggest self defense
training for women |
Twitchy
assbot: The Value of App Coins | Lets
Talk Bitcoin
smickles: I could buy exotic dancers or prostitutes and jetison
them into space.
smickles: I have found
time for
the less attention intensive aspects of
the game
Mats_cd03: have you pillaged all of
the space ships and raped all of
the women
smickles: It was not so fun as a hostile
takeover
jurov: you have
the
time for eve???
TomServo: Was
this a hostile
takeover? :D
smickles: lol, what did
that do benkay ?
smickles: I have
taken over
the bitcoin corp in eve
jurov: benkay i pointed her
to bingo§s article, and later
told
that explicitly, looks like she could not be helped
Namworld: If he got in
trouble for dice,
the settlement would have been much larger.
benkay: ;;later
tell bitcoingirl honey you gotta do better
than
that. voorhees got in
trouble for feedzebirds and not satoshidice - mostly 'cause DICE was listed on
the SRO MPEx.
BingoBoingo: Mats_cd03: Bit-c looks like it is headed somewhere nice, but it's useful
to compare how all of
these
things are approaching
the SPV problem
Mats_cd03: i like where
the project bit-c is right now
BingoBoingo: Mats_cd03: Good place
to start would be forking an older version of Multibit and BitcoinJ watching out for slop
Mats_cd03: it seems like
the world desperately needs a well documented SPV client
benkay: failing
that, you can use a btc addr as well.
hdbuck: benkay: alright,
thanks man - i'll check MP's guide. :)
BingoBoingo: asciilifeform: I've put some
though into it.
Namworld: Blockchain keeps fitting on a single drive as long as it's regularly upgraded
to a recent one and start looking smaller and smaller.
benkay: i'm highlighting
that in a worst case scenario it's not a problem and also as Mats_cd03 and i have and keep pointing out - not a problem
to begin with even.
Mats_cd03: seems like
this is a solved problem with SPV
Namworld: I expect it
to go like
this -> adoption keeps going up fast, blockchain grows faster and faster, people get worried, we reach saturation of usage, blockchain growth starts looking linear, storage capacity keeps doubling every few years, people stop worrying.
benkay: no crime in being wrong, i do it all
the
time.
there's plenty of larnin'
to go around.
benkay: hdbuck: if you're serious about wanting
to learn, start with gpg. get into
the wot, get a rating, lurk or derp in here as you see fit.
hdbuck: benkay: ahah yes probably. im some humble average joe not very used
to
that WOT
thing sry..
trying
to learn
tho ^^
BingoBoingo: benkay: Nah, storage capacities are growing
too fast and have
too much of a head start. It will probably fit on a single hard drive for at least another decade. It's just... Parsing
the block chain as a full node will probably require more
thoroughput
than a single drive offers.
Namworld: Yeah blockchain is big. But storage capacity and computing power is increasing very rapidely and exponentially. Much faster
the
the amount of worldwide
transactions.
benkay: some day you'll need an entire DC for
the blockchain. what of it?
Namworld: We will probably reach usage saturation and blockchain will grow
too slowly compared
to storage doubling in capacity much before blockchain doesn't fit in a single recent consumer grade drive.
benkay: i imagine you're just a random joe not in
the web of
trust, hdbuck ?
Namworld: Blockchain is 18GB. It was 8 last year. We currently have not
too expensive disk 4000GB hard disks.
benkay: you don't need a blockchain
to accept/send btc.
benkay: hdbuck: are you ignoring
the SPV
thing?
hdbuck: benkay: ah i know you guys
think of it as gold 2.0 which is not meant for
the average joe
to come around with but i am just not sure how
this will all play out. :/
Namworld: The
thing is current adoption rate is increasing much faster
than storage capacity, so it's catching up and becoming large in
today's standards.
Namworld: I'm somewhat expecting
the blockchain size
to eventually become negligible.
benkay: <hdbuck> benkay : well, some argue
that
the more
the blochain size increase,
the less people would actually download it
to use bitcoins // you're conflating "fewer people using btc" with "bad for btc".
this has yet
to be established.
Namworld: It might be a problem for a short while. Assuming we reach saturation of usage, it might grow almost linearly, at least compared
to storage capacity growth. Even if population growth and associated usage is exponential,
the exponent is much lower
than storage growth.
hdbuck: benkay : well, some argue
that
the more
the blochain size increase,
the less people would actually download it
to use bitcoins. other also argue
that it would give more power
to supernodes, centralising bitcoin, which was something
that bitcoin was suppose
to oppose. or is it just
the NSA and co
that will run Bitcoin once it get
too big? ^^
Namworld: Well assuming storage capacity keeps increasing at current rate, and
that population growth is doubling much less often
than computing capacity...
benkay: blockchain monotonically increases in size.
this is a fact of reality.
diametric: though I've never
tried any of
the bootstrap methods
diametric: I have
to admit, its annoying getting a fresh copy of
the blockchain in a new client, even
though I have
the space, and I have 75Mbit internet, it still
takes over 2 days.
hdbuck: saw pretty pessimistic articles about
that matter regarding
the long run of Bitcoin. plus
those core devs seem not
to have a clue about what's going
to happen - so i figured.. you guys should know better! ^^
Namworld: The blockchain ain't all
that big yet...
hdbuck: benkay its not my personnal storing
that i am concerned with. i am just wondering if
this issue wont harm bitcoin on
the long run.
benkay: hdbuck:
there's also SPV, but I'm not entirely certain how
that actually works.
benkay: hdbuck: if you can't afford
the space
to store
the blockchain, what are you doing in btc anyways?
Namworld: Ah, I see
the part about Sapphire.
The answer would be informative indeed.
hdbuck: mircea_popescu hello MP,
thx for
the voice up, i came here with
the hope you could help me apprehend
that blockchain size issue (& considering it is an issue). been reading
tons of articles about
that and people
talks about 'industrial' supernodes and/or 'restructuring' Bitcoin.. cant make up my mind whether
thats good or bad
tho. any inputs? :)
Namworld: Eheheh, I was looking at
that part on wikipedia, reading up on FDSOI. Wondering what's
the point of it if it's an expensive process.
mircea_popescu: Namworld anyway, ask
them if
they use saphire or not.
the answer will be informative.