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mircea_popescu: at time t3 you receive a payment from 1b, of that self-same coin chunk.
mircea_popescu: at time t2, SOMEHOW (im not even sure this is possible), someone in black hole sends coin chunk back to address 1b.
mircea_popescu: at time t1, via tx2, address 1a spends coin chunk on segwit chain. this appears to you and me as "1a sent coins to black hole"
mircea_popescu: yeah but if it meanwhile got anchored in a proper tx it's good.
mircea_popescu: um. how would trb see the tx anyway ? it dun interpret segwit
mircea_popescu: people who write checks instead of paying cash don't automatically expect their mom note be accepted by merchants. why would these ?
mircea_popescu: and let power rangers add the warnings, "our altcoin isn't universally accepted, always make sure and ask"
mircea_popescu: entropy poor machine is definitionally not supposed to rsa
mircea_popescu: that's his point, if you have the rng it's much better quality secret primes for the same effort.
mircea_popescu: but in general, people make them shitty because they're inept and in a hurry.
mircea_popescu: in principle a hardware wallet should be secure, because a sheet of paper (also a kind of hardware wallet) is.
mircea_popescu: i don't think anyone cut apart one such ledger nano, so dunno
mircea_popescu has very little experience with macs. get phf or another ewxpert's opinion
mircea_popescu: linux isn't much better, practically. but there's a difference in kind, you could in principle have a secure linux machine, even if most people don't bother to. whereas the secure windows machine is a myth, like the happy feminist.
mircea_popescu: understand -- there is NO safe way to operate bitcoin in windows.
mircea_popescu: diana_coman yeah there's also no "catching up with the chain", one can turn eulora off for five years, turn it back on (maybe have to get a new client, till we freeze that down) and be ready to go. but then again the cost of having to check the blockchain isn't THAT terrible, we bring up back new nodes all the time.
☟︎ mircea_popescu: anyway, i'm not sure what's easier, eulora install or trb install. they're very similar processes for some reason (har har)
mircea_popescu: asciilifeform aren't you doing too many things at once ?
mircea_popescu: take the item this line is written on -- it doesn't fucking need dram. in fact, it could be a 386.
mircea_popescu: asciilifeform i would definitely buy some sram machines.
mircea_popescu: there's a lot of "smart shit we don't bother to mention because everyone knows" sorta thing. this is also how/why the inept noobs that get silenced do : not worth talkingt to.
mircea_popescu: lol right. they show it to you on THEIR facebook page, please follow them
mircea_popescu: basically a very drastic reduction in quality of life, fit for a socialist empire. something on the level of "hey mr, you have this contract to have two cartons of milk delivered each mon, wed, fri and sun. how about we deliver JUST THE CARDBOARD, empty ? it will be 5% cheaper and you can have them every day instead!"
mircea_popescu: nevertheless, hashes are by definition unreversable, and they no longer propagate transactions. so i wouldn't know your transaction from adams' or "your" pile of nonsense from another's.
mircea_popescu: this works in the sense that whoever has the hash AND the transaction that was hashed can prove that indeed that transaction was hashed (it's how
http://deedbot.org/ works to notarize documents for instance).
mircea_popescu: their idea is to INSTEAD just store 16 bytes worth of that transaction's HASH.
mircea_popescu: ie right now, if i want to spend from 1address to 1youraddress i end up composing a transaction that gets mined (emplaced in a block). it's about 250 bytes worth of 1address signs transaction x where it got coin, and hash of 1youyraddress etc.
mircea_popescu: mod6 so fucking epic you got that ready so we can just link noobs. good work man.
mircea_popescu: just don't accept "segwit" payments, and don't use their scamware, you'll be fine.
mircea_popescu:
http://btcbase.org/log/2017-08-24#1702759 << eventually this will necessarily happen, yes. "segwit" transactions are stored on the bitcoin network as "anyone can spend", so eventually miners will unroll the segwit chain. how soon is not easily predicted (which is why the idea is stupid/usg-like, introduces impredictability in the currency)
☝︎☟︎ mircea_popescu: you recall, you had to guess how the arrangement relates to a number
mircea_popescu: o btw asciilifeform any progress re the matchstick pattern game ?
mircea_popescu: ie, why the fuck would you pay 3x what they pay to be part of their shithole medicare, when 100% of thew time you'll use the private hospitals.
mircea_popescu: as to the catch -- well for eg, they got obamacare here. if you're a resident you must enroll. and so on.
mircea_popescu: anyway. yeah, if you show them you own a 1mn bond paying 3% you're good.
mircea_popescu: me failing math. their cap is 86k/yr not 8600 as i thought, nm
mircea_popescu: no, i mean, people being paid by costa rican government may not earn in excess of
mircea_popescu: the amusing part being that the cap for public employees compensation is 4.2mn colones /month (about 10k/year)
mircea_popescu: must prove 30k/year income for at least two years. so you know, buy a bond or w/e.
mircea_popescu: if you're not dirt poor you can apply for residency for being rich.
mircea_popescu: they fined me like 17 bucks on exit and that was the sum total of inconvenience.
mircea_popescu: anyway, the first time i was here, bout 15 years ago, i came in on a tourist visa (with the idea of staying for a coupla weeks), ended up staying three years.
mircea_popescu: ah, people swear by costa rica. abundant, cheap hookers and nice weather.