972400+ entries in 0.715s
DeadWeasel: dub,
that owuld be impossible if you have no Wot Rating, right?
jcpham: why would i
then spend
the coins on something i may never see
dub: so whats
the ploblem
jcpham: avalon's unit looks nice. if
they let me pay with another method other
than btc only, i'd order one
jcpham: paypla is
the same as credit card
to me
JWU_42: oh well - it saved some of my BTC from going down with
the pirate's ship
pigeons: i'm certainly not paying for mining equipment
that actually exists already
mircea_popescu: why not ? you
too could be making pennies
to
the dollar over high risk capital costs!
jcpham: i'm not willing
to purchase mining hardware with bitcoin
dub: of course
teh french word for victory is surrender, right?
mircea_popescu: davout im sorry, i must have missed
that over
the sound of you slurping it ?!
Luke-Jr: pigeons: best
to just ignore
trolls
davout: anyway,
the cock measurment contest is waiting for contenders after
the flawless french victory over romania
mircea_popescu: <Ukyo> and will be relaunched soon <<
that clusterfuck,...
davout: Luke-Jr: put your
time where your mouth is
Ukyo: and
those qty's will become available soon
Ukyo: there are a great many orders
that were placd
Luke-Jr: davout: like I said, not really sure it's worth my
time :P
Ukyo: moving on
to a new subject
iz: relaying is just
the p2p part
though, right? even non-mining clients relay
transactions?
davout: mircea_popescu: if not we're going
to end up with a network made only of miners, and miners won't have an incentive
to relay fee-paying
txes
to
their neighbors
Ukyo: now we are getting
to it
pigeons: let's ask RealSolid what he
thinks
Luke-Jr: davout: I only bother with dice because it hurts me really. not sure I care enough
to spend
the
time on your suggestion,
though I'd encourage you
to bring it up as a possibility in -dev sometime when more devs are around
jborkl: No,
thanks I will keep it
davout: it's either going
to evolve into "relay gets fees
too", or "miners-only" IMHO
davout: because atm nodes are rewarded for
their hashing power, but not for
the relaying
davout: Luke-Jr: well do, empower people
to vote with
their relay capability
pigeons: satoshi always said miners are supposed
to decide which
transactions
to include in blocks
mircea_popescu: Luke-Jr
that's good sometimes. fixed addresses enhance anonimity and are good for branding purposes.
jborkl: Well I mine- and
to make more income I bought sdice ---with blocks from mining
Luke-Jr: davout: right now, I'm not even decoding
the address
Ukyo: or you could put in a small
txn fee at
that
time, and most miners wont care...
Luke-Jr: davout:
that'd make it slower :/
Ukyo: I
think
txn fees should slowly increase over
time, instead of "No more bitcoins generated. so BAM huge
txn fee"
Luke-Jr: Ukyo: btw,
to elaborate on
the precedent-of-blocking-addresses bit… Bitcoin is only workable if every
transaction uses a new address anyway, so discouraging reusable ones is a good
thing
Ukyo: dub: it maintains
the network. its a small use case
davout: Luke-Jr: if you want
to be actually productive here is my advice : modify your fork so people can filter
txes
they wish
to relay using arbitrary criteria, like regexp on
the receiver address for example, make it consensual (that's probably where it's going
to be hard for you) enough so it is accepted upstream
dub: Ukyo: mining is not
the use case for bitcoin
jborkl: Holy shit, you know how much crap I read
to catch up
mircea_popescu: Ukyo not rly.
the exchange rate is high atm, everyone's mining anyway
Ukyo: increase more interest in ppl wanting
to join bitcoin
to mine
Ukyo: raising
the
txn fees, will re-encourage miners
davout: Luke-Jr: sense, and non-sense are dividing stuff, it's like putting stuff in little boxes, right, wrong, good, bad, white, black small romanian cock, hard french rod,
these are all imaginary
Ukyo: pp just dont agree
that you need low fees
to encourage ppl
Luke-Jr: and mircea_popescu chases off
the people who do
Luke-Jr: Ukyo:
to a degree. and miners have
the freedom
to ignore
transactions by design.
Ukyo: i mean, everyone else in here seems
to be argueing aginst you
davout_: Luke-Jr: one day you'll understand
that "right" and "wrong" are just your imagination
mircea_popescu: Ukyo it's possibly hurting, but it's so
tiny as
to not really matter.
davout_: i don't mean
to say what other should do, but if i had an easy
to way
to not relay
txes matching certain patterns i'd definitely do it
iz: oh.. it's cuz of
the relaying
Ukyo: you get
to push ideas however right/wrong
they are
Ukyo: i will ask all
the other miners
to block it
dub: Ukyo:
this is surprising
to you? He has destroyed entire chains by 51%
them and blocking all
transactions.
Ukyo: luke: i
thikn eleigus pool is hurting bitcoin
davout_: well Luke-Jr somehow has a point, as a simple node i really have no interest in relaying SD
txes
Luke-Jr: Ukyo:
that also helps bitcoin along
Ukyo: your setting a president
to encourage ppl
to block address
Ukyo: Luke-Jr: :
thats rediculas
Ukyo: getting
to use bitcoins
Ukyo: thinking
they are anon
Ukyo: tell
that
to
the media
iz: so even
though a 0.005
tx fee isn't
that much in real currency, it can seem like a lot if you only have 0.1 BTC
to your name
mircea_popescu: all
the blathering online a very vehehehehery distant
third.
pigeons: yeah i
think
this artificallhy low fee structure we currently have is unsustainable obviously
mircea_popescu: no, actually... bitcoin adoption is being driven by satoshi dice and mpex, in
that order.
iz: i
think part of
the issue is
that btc is deflationary and can be difficult for new users
to get currency for
Luke-Jr: Ukyo: if you want bitcoin
to succeed, increasing fees at
this point is not a real option
Ukyo: has nothing
to do with it
mircea_popescu: i bet you nickles
to dollars
that increasing
the fee would simply increase
the % of
tx belonging
to sd.
Ukyo: that was
the basiss
to get ppl in
Ukyo: most ppl pay 0.1 ~1btc on normal fees
to other
things
Ukyo: most ppl dont care about a 0.001
txn fee
iz: and other mining pools could still use normal lower
tx fee, right?
iz: all
they have
to do is reject
transactions with
tx fees below what
they want
the new min
to be
Luke-Jr: Ukyo: it hasn't. SD is just forcing it
to fail
Ukyo: and
that basis has failed
Luke-Jr: (fees will go up
too, but
that's not
the main method)
Luke-Jr: Ukyo: not
that fees would go up
pigeons: yeah fees have gone waaay down since
the start
Luke-Jr: Ukyo:
the basis was
that ADOPTION would bring MORE fees
iz: pigeons: can't
they just decide
to reject any
transactions
that have a
tx fee below X?
mircea_popescu: you can't cope,
there's no rule every idiot under
the sun has
to be involved.
Ukyo: that was
the whole original basis
mircea_popescu: this is for smart people. why do you keep
torturing yourself ?