log☇︎
94800+ entries in 0.023s
mircea_popescu: no look, let's go through it.
mircea_popescu: everyone gets a cask, thinks it fresh.
mircea_popescu: there isn't a "this is a 4th roll of this cask - must fill" field in your protocol.
mircea_popescu: nobody is responsible, everyone got the cask once.
mircea_popescu: think, you push out 1k casks, statistically 5% will be returned > 5 times etc.
mircea_popescu: (because as a miner you got this cask returned for the 5th time, whose head do you cut.)
mircea_popescu: but now you have impossible cycles.
mircea_popescu: aite.
mircea_popescu: it may well be argued that user is actually worst-fucked, as per 6.a or .b examples above.
mircea_popescu: tx-maker is user not node.
mircea_popescu: and not for lack of trying, with always the same abject results.
mircea_popescu: the reason man is the head of household is that he can do juyst fine without woman ; not vice-versa.
mircea_popescu: yeah, there is. the fact that node can't reproduce miner but miner can reproduce node.
mircea_popescu: notrly.
mircea_popescu: "no, you're a bunch of orcs with delusions of agency in others."
mircea_popescu: "british empire decided women should be fucked -- we're a different empire, decide otherwise"
mircea_popescu: this is not so.
mircea_popescu: whatever attempt to "turn the cock against the man" will fizzle just as soon as man feels like it. the cockbearer is a matter of fact not a matter of convention.
mircea_popescu: yes, but here's the only important lesson of life : it is NOT POSSIBLE to adminstratively decide who are the chicks and who are the cats.
mircea_popescu: aha.
mircea_popescu: not bad, no.
mircea_popescu: amusingly enough, the whole segwit thing could be best described as "a rather braindamaged attempt to implement half of stan's casks"
mircea_popescu: a seventh and final problem : you now constructed a chain of casks, on top of the blockchain. consider what happens if node fails to keep his ENTIRE history of casks EVER issued : http://btcbase.org/log/2017-02-14#1613884 ☝︎☟︎
mircea_popescu: (imagine how well this handshake'd have worked on any other venue, hurr.)
mircea_popescu: aite.
mircea_popescu: wouldn't you rather i finish first ? 4/5 done
mircea_popescu: in fact most usecases that don't reduce to "we know each other so really we don't need bitcoin in the first place" fail to be served by your scheme as it is.
mircea_popescu: fenses a la "he didn't really do it, someone else did, and he's unloved!!1"
mircea_popescu: b) i point and laugh at some idiots. they demure. i ruin their shit. they bitch and whine. i now have to specifically go on the hunt for nodes that DON'T lend an ear to the idiots bitching and whining ? on my own time & dime ? why the everloving fuck. the entire fucking point of even having cryptocurrency in the first place is so that i can rape eth, and flaunt the rape, and nobody can do jack shit other than flimsly psychode
mircea_popescu: and if i try to meet some... they don't roll anything down... a day later finally someone rolls something down and so i put my txn in and it... doesn't get included. wtf is this shit ?
mircea_popescu: a sixth, also major problem is that the system offers no serious guarantees to the user. think of some situations : a) i mined some bitcoin back in 2011, today i clean out the closed and boot up old laptop, to check out the tits and bits of ex gf who was back then hot and heavy into me. i jack off, and then snoop around and find a bitcoin wallet with ~500 btc in it. i go to spend it... and discover... that i know no nodes... ☟︎
mircea_popescu: on the internet"), the closest thing is google-ish "advertising bidding" whereby google presents you with some details about a click and you have less than 300 ms to make a bid, which it matches and delivers ; b) is VERY likely to cause major delays. your system would, on the basis of pissguessing, require hourlong blocks or somesuch.
mircea_popescu: a fifth, major point is that the current ~ten minute blocks are predicated on loose coupling of "casks" (current situation can be deemed to be that all miners roll infinity of casks at all times to all comers, and all pubkeys are nil) and no negotiation whatsoever occurring either downward or backward. the dual-negotiation system you propose instead a) has never been tried in practice (which practically reduces to "can't work
mircea_popescu: refore it's always that bids depend on asks, if either depends on either (ie, if the market is very new) at all. the evolution of the eulora market is very instructive in this vein, see for instance http://trilema.com/memoranda-and-shit-like-1800s-high-diplomacy
mircea_popescu: a fourth, minor point, is that you have your market primitives ass-backwards. no price formation is ever envisaged to have "asks may depend on bids" as an edulcoration of "asks are fixed ; bids are fixed" because it is always possible to produce a pricing function for the product (based on cost) whereas it's never possible to produce a pricing function for the demand (demand is a psychological, not a physical phenomenon). the ☟︎
mircea_popescu: moreover i think the original satoshi design wrt to this aspect is actually very wise ; and my expectation (as per say http://trilema.com/2013/bitcoind-not-quite-ready-for-prime-time/#selection-77.298-77.516 ) is that i should be able to make block-filling txn if i feel like it.
mircea_popescu: a third, and rather major, problem is that you will have serious trouble creating fixed width transactions in general. the reason is that the amount of information itself varies ; you can pretend to push this inconvenience all the way to the user ("hey, always use two inputs and two outputs and fu!") but it's somewhat unlikely to ever stick. ☟︎☟︎
mircea_popescu: moreover you even want it to invalidate blocks, which is certainly too much. how is a node to even know.
mircea_popescu: (fellow was trusted by "everyone" to have best infos as to the situation in europe ; when he offered half price for the bond tranche everyone erroneously decided napoleon had won.)
mircea_popescu: if however i offer half the "current price" for a share, i am not so engaging. moreover the case exists in history, for instance at the root of the rotschild fortune
mircea_popescu: there's a different, much less notable problem wrt to what constitutes "a rotten fill". if i go to the stock market (i mean the old, gentlemany, pit of hand gestures thing) and bid "sentiments" for a certain share, i am in fact engaging in retarded behaviour, on the level of sjwing, and will, and should be kicked out. ☟︎
mircea_popescu: to demand miner makes a certified statement to the effect of "offset 0xa to 0xb in block y is reserved for txn 0xc" is putting a constraint on this p2p system the likes of which it can't conceivably bear. ☟︎
mircea_popescu: there's a reason a man will fuck ~any woman he encounters naked or in any even vague kind of peri-nude state. without this property, reproduction'd have long ago failed. there's similarily a reason miners currently accept absolutely any txn into a pool of liquid shit.
mircea_popescu: nd disciplined 1:1 casks and fills ratio strictly declared at arbitrary points in time.
mircea_popescu: there's a major problem with the very tight coupling your write-up may be read to envisage wrt cask filling. there are, as far as reality goes, two lists : a list of available txn slots in blocks, which is fixed and aforeknown, and a list of desired txn, which is neither fixed nor truly aforeknown. the workers moving the latter into the former (miners + nodes) are necessarily going to have serious trouble doing a very fixed a
mircea_popescu: asciilifeform re your piece (you know if you had intelligently published it ON YOUR OWN BLOG i could have left a comment there instead, and in a year or whenever this were to be reviewed we wouldn't have to go grepping the logs like idiots) :
mircea_popescu: wtf "nothing sexual happens". in a fucking theatre ? that's insanity. ☟︎
mircea_popescu: ay, ima go do things to people now. will read it tomorro.
mircea_popescu: anyw
mircea_popescu: now we know how he does anal sex.
mircea_popescu: !b 1 ✂︎
mircea_popescu: eh she couldn't have been that fucking retarded.
mircea_popescu: weird choice of venue.
mircea_popescu pictures trinque in beatles uniform, "michelle... i don't speak the language... but i can perceive the hole..."
mircea_popescu: lol
mircea_popescu: rhymes with soubrettes.
mircea_popescu: trinque they're not cocks, they're soucettes!
mircea_popescu: but that monroe / lemmon thing is prolly descriptive enough
mircea_popescu: at least if henry miller is to be believed.
mircea_popescu: 40s. 40s is fucking big band / andrews sisters and nobody giving a shit about getting the clap.
mircea_popescu: awww.
mircea_popescu: meanwhile in france, https://www.youtube.com/watch?v=q-iysdFu_TQ
mircea_popescu: in the background, there's this steve martin - kathleen turner movie in which she's a black widow and he's a brain surgeon. woman has nice legs and a fine disposition ; what a fucking waste of a reel.
mircea_popescu: "bitch, i bet you didn't even get your cock sucked until i taught your mistress how."
mircea_popescu: makes it real hard to take any "conservatives" seriously dunnit.
mircea_popescu: aha.
mircea_popescu: they at least have the common sense to whisper rather than squeal. how the fuck people manage to put up with the squeal is beyond me, but if this is music why not fuck pigs.
mircea_popescu finds fake lesbian teeny bopper "show me the money" russian frauds much more appealing.
mircea_popescu: it's a wonder they're not in turtlenecks.
mircea_popescu: sojial custice.
mircea_popescu: lol
mircea_popescu: check out the bike tricks the dude does.
mircea_popescu: speaking of which, https://www.youtube.com/watch?v=Q8UKf65NOzM ☟︎
mircea_popescu: there's no general rule two bit crack whore can't do an epic strip number.
mircea_popescu: im not even sure it's terrible, the piece. but the author is certainly this mercenary hack, would-be-copywriter-if-anyone-were-hiring sort.
mircea_popescu: trinque nothing wrong with that, is there ?
mircea_popescu: might as well be connected to "far east spirituality", seeing how it's just about the same thing, bored, idle and useless middle class cali chicks trying to find something to do with themselves that would still be useless and improductive.
mircea_popescu: yeah well.
mircea_popescu: there was an actual ro/ukr folk thing in the late 1800s, however.
mircea_popescu: course if youi mean the 1970s bs, then you're just about right.
mircea_popescu: he's just trying to sell some cheetos.
mircea_popescu: but it's improper to link him to klezmer like it's improper to link hot topic to "teenage angst".
mircea_popescu: and yankovic was iconic at some point in the (late) 80s
mircea_popescu: asciilifeform dont worry about it, people routinely read 5k+ word trilema pieces, and they're not even specifically about something.
mircea_popescu: or yes, ninjashogun for that matter.
mircea_popescu: think harlan ellison, or the fucktard that started scientology.
mircea_popescu: phf it's just cheap.
mircea_popescu: !!key neephonite
mircea_popescu: !!key neephonite
mircea_popescu: somehow fake news fails to mention THIS WOULD BE THE FIRST US BUDGET SINCE FUCKING REAGAN.
mircea_popescu: of course it's also 2x the expenditure on "science", or "environment" crap... so whatevs.
mircea_popescu: that's about 2% of the federal budget, ie barely a ripple.
mircea_popescu: in other lulz, trump wants 54 bn cut off "most federal agencies", ie the libertard state.
mircea_popescu: !!key neephonite
mircea_popescu: aha!
mircea_popescu is moderately surprised amontillado wasn';t even mentioned.
mircea_popescu: cool deal.
mircea_popescu: ty
mircea_popescu: kk.
mircea_popescu: i mean i'm assuming he just made it...