921600+ entries in 0.669s
Diablo-D3: but what stops me from doing
that now?
assbot: Last
trade for S.DICE on MPEX was at 0.00328066 BTC [-]
deadweasel: when frying a skinny fish, do
to poke at it
too much,
this spoils
the fish.
Diablo-D3: well, Im assuming
that bitcoin will eventually copy my ideas
Scrat: they did
things right from
the get go
Diablo-D3: Scrat: yes, and so is safari and firefox by
that measuring stick
Scrat: chrome is
the most advanced browser by far
Diablo-D3: Scrat:
that could be interesting, but Im not entirely sure how colored coins work
Diablo-D3: WHO
THE FUCK
THOUGHT
THREADS WAS _EVER_ SUCH A GOOD IDEA
Scrat: but
to be fair such a scheme will in no way be a USP for a new coin
Diablo-D3: otherwise WE WOULDNT HAVE FUCKING
THREADS
kakobrekla: wait
the
topic of
the convo is still diablocoin?
Diablo-D3: thestringpuller: actually its funny you mention
that
thestringpuller: haven't we all fucking learned
that Unix did everything right years ago?
Diablo-D3: thestringpuller:
this is making
the wheel better
thestringpuller: sort of, why do you people always want
to reinvent
the wheel rather
than make
the wheel better?
Diablo-D3: thestringpuller: are you
trolling me?
Scrat: BT is quite old btw and most innovations on it have
to do with avoiding centralization
gribble: BTCUSD
ticker | Best bid: 88.00001, Best ask: 88.06169, Bid-ask spread: 0.06168, Last
trade: 88.06169, 24 hour volume: 159387.05385511, 24 hour low: 84.88000, 24 hour high: 109.99800, 24 hour vwap: 98.39396
Diablo-D3: the entire network could
theoretically have chunk 1 by
the
time you finish chunk 130
Diablo-D3: connect
to 130 peers, send each one chunk
Diablo-D3: I didnt like
the direction it was going
Diablo-D3: 8 of 10 or 128 of 30 seem
to be optimal route
gribble: BTCUSD
ticker | Best bid: 89.95308, Best ask: 90.00000, Bid-ask spread: 0.04692, Last
trade: 90.00000, 24 hour volume: 152496.21232257, 24 hour low: 89.25715, 24 hour high: 109.99800, 24 hour vwap: 98.94765
Scrat: ditch
the OS/lang idea imo and make a new coin
Diablo-D3: btw, I probably wouldnt go
the route of 3 out of 4
Scrat: bleh, like bit errors make it
to
the application level
Diablo-D3: people could send
these over shitty wireless links
Scrat: and we shouldn't discuss
this anymore :p
Scrat: well at
this point my brain capacity is reduced
to watching kiefer sutherland on my 3rd monitor
Diablo-D3: Scrat: a properly done RS setup of n of m,
the size of n chunks is going
to be at least
the size of
the original
Diablo-D3: but it has a lot of shit on
top
to handle error correction
Scrat: well I need
to
think about it but it looks as if you're gonna need
to have a lot of RS redundancy
to make
that usable
Diablo-D3: ie, it prioritizes chunks
that have low visibility
Diablo-D3: it chunks
torrents up and seeds sends blocks evenly
to peers
Diablo-D3: Scrat: Im actually surprised bittorrent didnt go
that route
Scrat: i still
think
that more intelligence in
the download algorithms will
trump whatever improvement you will get
there
Diablo-D3: blocks may become double or
triple digits in size
Diablo-D3: and
then
that finishes, and I send chunk C
to peer 3, and while Im doing
that, peer 1 sends A
to another n (where n includes 2 and 3), peer 2 sends B
to n (which includes 1 and 3)
Diablo-D3: I send chunk A
to peer 1,
that completes,
then I send chunk B
to peer 2 and while Im sending it
to 2, peer 1 is sending A
to peer n
Diablo-D3: so I dont get compression out of
those
Diablo-D3: the physical space
taken up by 3 will be
the size of
the original
Diablo-D3: er, 3 reed solomon block chunks
to reconstruct 4
Diablo-D3: infact, lets say I need 3 blocks
to reconstruct 4
Diablo-D3: Scrat: reed solomon codes wont do
that
Scrat: so you compress it and get
to 60% of
the size,
then a healthy application of reed solomon codes will give you another 40%
Diablo-D3: but not only
that, all nodes start repeating
the block BEFORE Ive sent (y- x) chunks
Diablo-D3: so I can send it out in chunks, and getting x of y chunks you can reconstruct
the missing (y - x) chunks
Diablo-D3: say, use compression
to compress it as far as possible,
then use some form of reed solomon error correction
Diablo-D3: I should be able
to use network coding
to basically
torrent
the new block
to all my peers
Diablo-D3: mircea_popescu: so, blocks are going
to keep getting bigger and bigger and bigger, right?
mod6: i wonder if
these contracts will be PGP signed by both parties? i guess someone would have
to inquire further...
mod6: but yeah,
they can't exercise on
their own
mod6: ok so
the buyer puts in
the expiry
time, depending if
they want weekly or monthy or next forward month: "The expiration date is ________ (GMT) "
mod6: he's
the owner of
the domain: `whois porngo.at`
Scrat: I don't
think it's his
mod6: well, i guess
they have up
to
the next forward month
mod6: yeah, weird. and
these are weeklies?
mod6: if its perfect, no need
to change it!
trololol
Scrat: is litecoin
too cool for recent code or what
mircea_popescu: proof of work could be
then accomplished by showing a path of solving
the map in at most N steps, where n is
the difficulty.
mircea_popescu: suppose we find a liniarisation of sokoban maps, such
that any arbitrary number comes
to a map
thestringpuller: mircea_popescu: you made an exchange
though
that you now own
mircea_popescu: i don't happen
to believe in making
things
to own. i prefer owning
things other ppl make
Diablo-D3: mircea_popescu: but a lot of people have already built mining farms in
their basements
Diablo-D3: the asics and cpus would use
the same ram, and have boards just as complex
Diablo-D3: mircea_popescu: yes, and cpus are
the highest economy of scale
Diablo-D3: its
the ram
thats going
to be expensive, not
the ASIC
mircea_popescu: asciilifeform however
the problem of making an ai-ciomplete pow function is ALSO kinda difficult./
Diablo-D3: the cost of an ASIC with 1TB of ram is going
to be
the same as a cheap CPU with 1TB of ram