log☇︎
843400+ entries in 0.495s
gecko_x2: i dunno should there be 500 years combined, or 500 years of each
gecko_x2: i'm thinking you make 3 altcoins
gecko_x2: but this post doesn't mention coins as i'm thinking
dexX7: ah ty
gecko_x2: there is an old post about the concept
gecko_x2: it's hard to explain
dexX7: i don't think i fully get it
gecko_x2: so you could trade unknown future secrets
gecko_x2: and as the 1 month encrypted data, when it's time to decrypt
gecko_x2: with a portfolio of time encrypted data
gecko_x2: i'm not smart enough to fully figure it out
gecko_x2: something like that
gecko_x2: should 51% of the holders of these anonymous timecoins decide to all release them ahead of time, they would become worthless
gecko_x2: the value of the coins can only be released after a message is decrypted at the expected time, no sooner
gecko_x2: ppl have clients which holds fractional pieces of all time encrypted data
gecko_x2: you encrypt the message, and the keys are freely traded globally
gecko_x2: say there is the amount of one second coins to make up 100 years
gecko_x2: ppl have clients where they can trade all these coins
gecko_x2: you combine them to make up a month
gecko_x2: the incentive not to release the key early would be monetary
dexX7: hmm.. but isn't the collection of pointers to the parts more or less similar to passwords or a key?
gecko_x2: it's a very interesting concept, if you think about encrypting contracts, testimonies, wills etc
gecko_x2: 51% of those pieces would be needed to decrypt
gecko_x2: the blockchain could be used so that a key to a piece of data would be split into say 100000 pieces
mircea_popescu: there was a start-up last year to do this
gecko_x2: there is one new concept that the blockchain would make theoretically possible too
mircea_popescu: because poor people can not afford to move otp keys around safely.
gecko_x2: except maybe for initially sharing the actual OTP
gecko_x2: i think that a single static key as a concept is pretty much dead
gecko_x2: that's the way messages was delivered during WW2
gecko_x2: and that's OTP
gecko_x2: one thing that the NSA is totally defenceless against
gecko_x2: there is one thing that hasn't been mentioned at all after the snowden case
gecko_x2: i don't even think gpg keys are the future
gecko_x2: there's just no way a normal joe sixpack can do that
gecko_x2: i remember playing with centralized key servers back in the days
gecko_x2: yea GPG key management was always the issue
gecko_x2: mp, ok thx
bitesak: mircea_popescu, I wanted to refer to Casascius Bitcoins for the coins
mircea_popescu: gecko_x2 not in any significant degree. asciilifeform is the tech there.
bitesak: I'll probably start with one, test it and do my best to understand it and use it as a means to promote use of GPG among friends and girlfriends
dexX7: ah i see.. yes, the gpg-token sounds like a really neat object
bitesak: nope, I am considering it though and interested in purchasing a few for christmas :)
bitesak: i see it as the first physical product made through and thanks to bitcoin, other than Bitcoin coins and Tshirt branded stuff I guess.
dexX7: i have no specific question at the moment
assbot: [HAVELOCK] [XBOND] [PAID] 0.69348300 BTC to 1`386`966 shares, 50 satoshi per share
dexX7: i was just wondering, if there is a document somewhere with more details :)
dexX7: and i saw the contract on mpex
dexX7: > based on the description of that gpg-token
ozbot: S.NSA first product - The Cardano pe Trilema - Un blog de Mircea Popescu.
bitesak: http://trilema.com/snsa-first-product-the-cardano did you read that already?
dexX7: what is s.nsa anyway? i have a vague impression, but that's solely based on the description of that gpg-token
dexX7: ;;seen ThickAsThieves
bitesak: based on current bids for s.Nsa, based on the 1% minimum, it's a go !
gribble: MtGox BTCUSD ticker | Best bid: 152.00576, Best ask: 152.49995, Bid-ask spread: 0.49419, Last trade: 152.00000, 24 hour volume: 31063.95478779, 24 hour low: 143.10000, 24 hour high: 153.69902, 24 hour vwap: 148.48608
gribble: Next difficulty estimate | 250661165.864 based on data since last change | 303446278.016 based on data for last three days
nubbins`: bed time
nubbins`: and only nuts in the culinary sense, so nobody's allergic
kakobrekla: and they last long in a prepper scenario
dub: I'm very well qualified to grow weed
pankkake: I have a few TBs of porn, I can live without
nubbins`: well, a life that only includes needs is pretty grim
dub: what do I need that I cant kill or grow?
nubbins`: pros and cons to being on an island
kakobrekla: i live in a country with most tractors per capita, i cant get away from farms basically
dub: being on an island helps, I could feed hundreds with a few hours on the sea every day
nubbins`: i have a neighbour who had chickens, the city made him stop
pankkake: my mother does… and the stuff is delicious
nubbins`: potatoes, peas, tomatoes, spinach, broccoli, onion
nubbins`: i started learning to grow food this year
dub: knowing how to hunt and grow shit is useful
pankkake: it already helped me a few times, like less revenue for a while
dub: I've got a weeks worth, plenty to get to my DR sites
nubbins`: yeah, that's not great
nubbins`: most common drugs could be stored for a year or two, if done so correctly
pankkake: "Depending on the weather condition, cigarettes can go stale within 2 or 3 weeks after opening. If unopened, they can take more than one year and still be used without any harm."
nubbins`: but that doesn't really matter, depending on how badly you want one
pankkake: for how much time can you store cigarettes (or other drugs)?
nubbins`: if the grocery store isn't going to take your gold for payment, you can have as much of it as you want
dub: I'd rather starve to death high
ozbot: [540 TH] BTC Guild - Pays TxFees, Stratum, MergedMining, Private Servers
nubbins`: well, "illegal items that people desire" is itself a limited class
nubbins`: illegality often drives up the value of items
nubbins`: dub: that was more in response to your not legal/no value assertion
dub: nubbins`: presumably pills are not a long term value store
nubbins`: everyone still alive who gave the USG all their gold back in the 30s is probably pretty pissed off right now
dub: beyond trading for ammo and wild turkey with other inbreeds notwithstanding
nubbins`: tell that to the pill dealers across the street
dub: if its not legal to own it has no value
pankkake: long term storage of value
nubbins`: because then they'd have your gold!
dub: at that point its not worth anything anyway
dub: im still confused why it would matter if the govt took your gold
Namworld: I require some unobtainium and an antigravity device for some project. Anyone may procure those?
pankkake: I think it was illegal to own gold at some times during WW2 in europe
dub: I like my shit to sparkle
nubbins`: i wonder does that sort of thing happen often? i'm only aware of when the usa did it back in the 30s or whenever
Namworld: Oh, my gold? It was all eaten. I grind gold flakes out of my gold to decorate fancy meals for my guests.
pankkake: sure. but if I can avoid them looking into me, all the better
nubbins`: no, i'm the government