log☇︎
747900+ entries in 0.48s
benkay: talking about this?
mircea_popescu: 25+% a year, twice madoff's presumed return.
mircea_popescu: benkay from 500 to 800 in 2 years ?
mircea_popescu: Mats_cd03 the ^OEX, ie standard and poor 100, is the index of us stocks. which supposedly have been moving like it's animated by the gosplan
benkay: nice steady rate of inflation in the usd?
mircea_popescu: its the ^OEX chart, 5 years, weekly
mircea_popescu: so the city is responsible huh ?
mircea_popescu: pretty much the only way kids and senile old people have of causing serious trouble
mircea_popescu: well, natural gas is dangerous, in that it'll level a house.
Mats_cd03: is this something you can only experience in the dreaded lubyanka
Mats_cd03: what is this "stove discipline" you speak of
ozbot: The risk compensation theory and bicycle helmets -- Adams and Hillman 7 (2): 89 -- Injury Prevention
asciilifeform: this is quite like the one i saw.
ninjashogun: dub, what is css in this context?
ozbot: Forbidden Hillcrest, The Sewer Robots of Pulaski County
ninjashogun: benkay - I think you miss the point. Valuation literally, bydefinition, is value.
asciilifeform: your heart, liver, corneas have a valuation. ask the chinese. anybody paid yet/
benkay: you miss the point again.
ninjashogun: benkay - moreover valuation literally is value, in that it literally is someone paying literally that price.
asciilifeform: i saw a much simpler (cable-driven) version of this being used right here on my street.
ninjashogun: benkay - you are reinforcing my point. valuation might not be value, but it's clear that airbnb is worth more than $200K in cash.
dub: I know someone that implemented IPoW(et)S(tring) at university
ninjashogun: It's the difference between "How can I help you get from a $500K nominal valuation - your last round - to $10M" and "Wait, you're not taking a salary? Why don't you just go on welfare?" -- this channel above :)
mircea_popescu: decimation and if there's a gas explosion everyone gets unfriended ?
decimation: sending data through an accoustically coupled gas pipe would be amusing but slow
mircea_popescu: i wonder if real rats ever tried to mate with them
asciilifeform looks for and fails to find the old article on robotic rats used to run wire through sewer pipes
decimation: spam the shortwave spectrum for a few megabits
mircea_popescu: "send emails over your farts! it's great for the environment and ok for your wallpaper"
asciilifeform: i had a dream as a kid where me modem (old at&t 'paragon' fished from a skip) was a gas modem, and i forgot to turn off the gas
asciilifeform: everyone with a net connection, including Pashtuns using steam modems with ip-over-dead-goat have, at this point, 'had bad experience with startups.'
asciilifeform: ninjashogun walks into 'alcoholics anonymous' with a jug of moonshine. 'perhaps people here may benefit from a bit more experience with this!'
ninjashogun: Mats_cd03, very humbly, perhaps people here may benefit from a bit more experience with them.
Mats_cd03: i think youve spent too much time drinking the silicon valley koolaid
ninjashogun: Mats_cd03, honestly I clearly have given this channel way too much access to what I'm doing already. There's a reason stealth mode startups operate in that way.
ninjashogun: Mats_cd03, I humbly disagree, but you are entitled to your opinion.
Mats_cd03: im actually not trolling
ninjashogun: Mats_cd03, it was called "don't feed the trolls" and we sold custom consulting services that consisted of "Don't feed the trolls". Hope this answers your question.
Mats_cd03: thats cool, what was the service or good being sold
ninjashogun: Mats_cd03, I worked for a startup that was acquired, as one of just two employees. Yes, I know how typical funded startups operate.
ninjashogun: decimation, as I mentioned before we are at the pre-financing stage - the startup is not raising money right now. I know a lot of stories of people who built great things with burn rates near $0. Airbnb is now closing a round at $10B. They sold cereal to launch.
asciilifeform: but then come the 'ideas'
Mats_cd03: ive been trained by mp to react to tumblr
Mats_cd03: whenever i see tumblr my brain tells me "boobies"
decimation: ninjashgun has your startup managed to acquire financing?
ninjashogun: benkay - Yes, you have just written a good example of trolling.
asciilifeform: it tends to end up unplugged and in a parts bin
asciilifeform: household example would be a smoke alarm that goes off every time you overcook a potato
asciilifeform: in safety engineering, there is a concept where precautions that annoy people and get in the way of work tend to make construction workers, oil prospectors, etc. worse off
benkay: you're incapable of even convincing the government to pay your welfare.
benkay: i think there's a good reason society's locked you up in a 100/mo shithole, sir.
benkay: seems as though you're the only one.
ninjashogun: benkay, and I understand the Risk Compensation argument deeply and with nuance.
benkay: (for reasons you fail apparently to grasp)
ninjashogun: benkay, a variation on one of the known methods.
ninjashogun: benkay - through the methods other people have alreayd suggested (or something similar) to asciilifeform.
ninjashogun: benkay, that's not true. Some trolls are happy to troll and tell you they're trolling.
benkay: ninjashogun: all trolls say "I'm not a troll".
benkay: mircea_popescu: tib's my thesis here.
ninjashogun: For what it's worth, I'm not a troll and do have some experience with product design trade-offs.
benkay: ninjashogun: how would you make the key less accesible to an attacker?
mircea_popescu: o the shogun guy. ya well...
asciilifeform: decimation: that's the most charitable explanation.
ninjashogun: Apocalyptic, I am trying to understand the architectural trade-offs in the Cardano, and, specifically, why the private key MUST be stored in the plain with no mitigation against loss. (Except key revocation, if the user is aware of it). Why it has to be "fail-dangerous" and not "fail-90% dangeorus"
decimation: he's a high-functioning troll, as best as anyone can gather
ninjashogun: asciilifeform, if only one tenth of thefts actually resulted in the key becoming known to the thief - would there be exactly ten times as many thefts as a result?
ninjashogun: asciilifeform, for example if you introduced an architectural change that, as a direct result, meant half of thefts did not result in key becoming accessible to thief - would there be instantly twice as many thefts as a result?
decimation: it's also obvious that any precautions taken could be bypassed, and thus are worse than features
ninjashogun: asciilifeform, I did learn from it, yes. Clearly Risk Compensation is not a law :) :) It is possible to mitigate fallout in some ways without automatically getting an exact compensation.
benkay: asciilifeform: do you think this is a case for Hanlon?
asciilifeform: ninjashogun: i am sad to say that you appear to have learned nothing from our conversation.
decimation: can you propose such a technology? a spike in the steering wheel is not such a precaution.
ninjashogun: So, if we know, for sure, that in some cases Cardanos will be lost or stolen - is it possible that an architectural change MAY make the Cardano more secure oerall by reducing the immediate fallout from these cases?
ozbot: Shall be Delivered | The Whet
ninjashogun: (asciilifeform had an example of how soviet submarines did not self-regulate their nuclear reactors but always had a person in the loop, who therefore understood the gravity of his situatoin.)
ninjashogun: asciilifeform, in which case any change to that (by making it "safer") would in fact result in worse effects.
ninjashogun: asciilifeform, it is a good question because in the case of the Soviety Submarines, it is possible that none will ever melt down due to user error, ever.
ninjashogun: asciilifeform, let me ask you this. Will any Cardano ever be lost or stolen?
asciilifeform: zeroize key is as old as time.
asciilifeform: so the effort would be wasted.
asciilifeform: likewise, if i applied some magical seal (assume one exists) the buyer is unable to dissect his unit without losing it
asciilifeform: the only seal that is worth anything at all is a custom, preferably invisible one (e.g. perfume, specks of dust) applied by the owner.
ninjashogun: benkay, I understand this.
benkay: if you can't guarantee physical security, the device is useless.
benkay: ninjashogun: that's the whole point of "you guarantee physical security, cardano guarantees electrical security."
ninjashogun: I don't think it's possible to make a true tamper evident device.
ninjashogun: I personally don't like tamper evident seals at all.
asciilifeform: decimation: owner is free to apply his own seals.
ninjashogun: benkay, fair enough :). However if you are not aware that it has been out of your possession for a few minutes or hours this does not help.
benkay: there's more to it than that, but that's the high-level approach.
benkay: sign the cardano key with your master key, and revoke it when you lose it.
ninjashogun: Oh, this is what I understood from asciilifeform
ninjashogun: So under the current Cardano architecture, there is 0 mitigation for even accidental loss, or theft. There is no pass phrase that is possible without rewriting the firmware yourself.
benkay: don't you understand the importance of capturing markets with shoddy products asciilifeform?!
asciilifeform: in my earlier conversation with ninjashogun, i tried to explain the concept of only solving technical problems that can be solved -well-.
ninjashogun: benkay, not so. This is asciilifeform's current argument for refusing to add any fallout mitigation for stolen Cardano's (including use of a passphrase that gets discarded after a while and memory cycled.).
benkay: again with this "mass market, make it stupid" SV bullshit.
benkay: if the users of the cardano need the key printed on the outside to incentivize them to treat it carefully, those are the wrong customers for NSA.
ninjashogun: even though it would cause people to treat their Cardano's in a slightly more coveted manner.
ninjashogun: benkay, but you see it would be wrong to do so. That is too much added insecurity.