log☇︎
788100+ entries in 0.548s
nubbins`: would you count getting people off heroin and into crack as a good thing?
kakobrekla: allowing for txes when 1mb limit is being hit for one but thats where it ends
ThickAsThieves: would you count marginal success in that as a good thing?
ThickAsThieves: well if we go buy the Altcoin's mission it's purpose is to get everyone to stop mining every other altcoin
asciilifeform: 'my ferrari' is one answer. but not an answer that will satisfy skeptics.
nubbins`: but you can't say that you're not intentionally fleecing rubes
asciilifeform: take classic btc. it was a net gain in wealth, rather than simply a machine from moving money from one pocket to another, because it made new things possible. what new things does the altcoin-of-the-day make possible?
nubbins`: sure, and you can offer perpetual mining turds that anyone with a brain would know is a bad purchase
ThickAsThieves: but i cant say that i wont sell knives
ThickAsThieves: i can say i dont want to hurt anyone
nubbins`: just wanted to offer a perspective
nubbins`: if you can justify it to yourself, there's not much i can do to convince you otherwise
Duffer1: this argument is why i never made Hodorcoin, in the end, someone was going to lose money on it
ThickAsThieves: maybe people build businesses on them
ThickAsThieves: maybe people get robbed on them
nubbins`: no, you're just selling tongs
mike_c: bah. and bitcoin is to blame for assasinationmarket
nubbins`: intentions don't matter, what people do with the thing you've made does matter
nubbins`: dogecoin, you see people actually losing things of value
nubbins`: bernankoin, you read the spec and have a lel
ThickAsThieves: thats not what this is
nubbins`: i think it's immoral to sell a cardboard box painted up like a house to a new family
nubbins`: mike_c, there was a housing bubble? ;p
mike_c: nubbins`: do you think it was immoral to flip houses during the housing bubble?
nubbins`: what if i just want to stuff a cigarette with match heads to see what happens?
Mats_cd03: so what was the size of the mpex whale fee
asciilifeform: would you happily part with gold, for instance, if you believe that 'gold standard' will make a comeback?
ThickAsThieves: what if the other just wants to do create the thing to see what happens
nubbins`: duffer, it boils down to this, yes
asciilifeform: then it is clear which coin the author regards as genuine and having a future.
asciilifeform: whether a particular alt is 'trying to win over btc' can be determined by looking at what it is being traded for.
nubbins`: i do too
TomServo: ThickAsThieves: You saying you don't own any and won't mine any doesn't preclude that?
ThickAsThieves: says the miners
nubbins`: but the funny thing about intentions...
benkay: even if there is a mining breakthrough, the compute deployed against alts couldn't save bitcoin...
nubbins`: it's intended to have a chuckle
nubbins`: let's be clear, your experiment isn't intended to become a winner over bitcoin
ThickAsThieves: is it impossible an altcoin will become the winner over bitcoin?
nubbins`: it's impossible for a rubecoin to be healthy, yes
asciilifeform: hard to sell swamp to people who understand what a swamp is.
ThickAsThieves: and it's impossible to have two coins coexist and be healthy?
mike_c: there is a difference between selling real estate in florida that is secretly swampland, and openly selling swamps.
asciilifeform: much depends on who these winners are.
asciilifeform: every cryptocoin can be seen as an attempt to 'replay the history of money'
nubbins`: if you're fine with rubes being fleeced, then there's no difference, no
asciilifeform: entirely ignoring the 'features' (many vs. few coins, frequents vs. rare blocks, etc) and premining,
nubbins`: one's real and the other is for fleecing rubes, that's what
ThickAsThieves: it's all the same shit
ThickAsThieves: but really, what makes bitcoin better than an altcoin other than its adoption level?
asciilifeform: 'fail to hang together, and you will hang separately'
nubbins`: mike_c: the lel/scam is the same thing
mike_c: that's three purposes
asciilifeform: eventually, mining breakthrough, and people will regret having undermined the whole concept of blockchain by having a swarm of little chains
nubbins`: alts have two purposes: to experiment with ideas and to have a lel/run a scam
ThickAsThieves: in a world where there can be any number of alts, all on same codebase, no one alt is better than the other
pankkake: well anyone printing it for more than a few hours is a fool
mike_c: i guess nobody will lose money on bernankoin cuz you can always just print more to keep people from losing money
nubbins`: you've decided that the guy selling apples w/ razors to creepy old men is not at fault, because he's not the one handing them out to kids?
pankkake: it's *impossible* to premine anyway!
pankkake: mike_c: there's no hate for bernankoin
benkay: also the n-coin game will go forever
mike_c: yeah, where's the hate for bernankoin? as long as he doesn't pump/dump, what's the crime?
benkay: why would you change the port number?
pankkake: lol, the coinget coin I took the source from even has the same port number
ThickAsThieves: maybe it really does kill all the other alts
benkay: teach some firearm use, let the idiots die.
ThickAsThieves: also who's to say?
benkay: yeah but that's the "kids are going to hurt themselves with guns" argument
nubbins`: i know it's a big lel, but you should kill this before it grows legs
Duffer1: he's not wrong there TaT hehe
nubbins`: and you're enabling that
nubbins`: people are going to take it seriously and they're going to lose money
benkay: it'll be interesting to see if clients built from the regenerated source code will be able to talk to clients in the wild
ThickAsThieves: but i am willing to pay to get this solved so i can then pay to have pools made or whaver
benkay: ah well i'm giving the wrong instructions anyways. it's a bit obfuscated: https://github.com/dogecoin/dogecoin/blob/master-1.5/src/main.cpp#L3141
ThickAsThieves: yes, my comprehension of the details you describe is pretty low
ThickAsThieves: and i am waiting on coingen to make an identical one so we can reverse create source for the orginal
ThickAsThieves: my issue is the source code doesnt exist anymore
ThickAsThieves: for my alt, or any alt made the from same codebase?
benkay: if you had the source for alt you could ack "magic" and find it pretty quickly
ThickAsThieves: and i can get source for other coins made by them
benkay: magic value is a part of a header sent between nodes. genesis block is the root of the merkle tree.
benkay: a client being the Satoshi implementation or bitcoinj or multibit w/e
ThickAsThieves: is the same question as "do you have a dump of the genesis block?"
benkay: in this case network referring to the network of nodes broadcasting and verifying transactions
benkay: ThickAsThieves: the "magic value" is a header in the protocol that identifies which network a client is a part of
ThickAsThieves: i think it has been between .00000300 and .00000100btc so far
nubbins`: so, anyone buying rentalstarter tomorrow?
benkay: also i know this is an oldlink but it still delivars chuckles: http://kimitsuassetmanagement.com/
benkay: what's the Altcoin magic value?
ThickAsThieves: dammit I need to get this Altcoin source going
benkay: so basically it should be trivial for anyone to accept any altcoin
Duffer1: what'r you waiting for then, free nexus 5 go
ozbot: Russian official says government has video surveillance of Sochi hotel room showers | The Verge
nubbins`: Duffer1, nah, have had this for just over a year
asciilifeform: someone should teach these folks about 'parallel construction.'
ThickAsThieves: right in the shower head apparently
Duffer1: didn't you get your phone replaced though nub?
Duffer1: seems like a terrible thing to tell the press, but what do i know