Forum logs for 10 Oct 2013
Sunday, 24 November, Year 11 d.Tr. | Author: Mircea Popescu
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assbot | [HAVELOCK] [AM100] 53 @ 0.0100021 = 0.5301 BTC [-] | [00:02] |
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assbot | [HAVELOCK] [CFIG] 54 @ 0.09661668 = 5.2173 BTC [-] {4} | [00:04] |
assbot | [HAVELOCK] [AM100] 695 @ 0.00963942 = 6.6994 BTC [-] {18} | [00:05] |
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kakobrekla | Meni Rosenfeld. has a new thing | [00:14] |
kakobrekla | http://bitblu.com/ | [00:14] |
ozbot | Bitblu - crypto investment management | [00:14] |
kakobrekla | and ripple guy | [00:14] |
kakobrekla | from https://bitcointalk.org/index.php?topic=308581.0 | [00:15] |
pankkake | wait they have a job offer for a third "founder and c?o" lol | [00:18] |
ThickAsThieves | hrm | [00:18] |
mircea_popescu | lol good one | [00:19] |
ThickAsThieves | i bet the salary = you get to be a founder! | [00:20] |
mircea_popescu | is that the ceo salary ? | [00:20] |
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mircea_popescu | sometimes it looks like every aluminum siding, vacuum & bible and car salesman is now doing bitcoin. | [00:21] |
ThickAsThieves | you'll get a kick out of the headshots for the vegas conference | [00:22] |
ThickAsThieves | http://www.mediabistro.com/insidebitcoins/speakers.asp | [00:23] |
mircea_popescu | if they get shot in the head they won't be able to have open casket funerals. | [00:23] |
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kakobrekla | The vision of bitcoin is going to be set at conferences like this. | [00:25] |
kakobrekla | —Alan Safahi of ZipZap tells The Wall Street Journal. | [00:25] |
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mircea_popescu | lmao. jerkoffs will jerkoff. | [00:26] |
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mircea_popescu | also, zipzap = ziggap or zipzap = clueless fuckwits who have no idea history exists ? | [00:26] |
Scrat | circlederp | [00:26] |
mircea_popescu | Scrat dude, the "vision". the vision matters! herpes! | [00:26] |
jborkl | "More bad luck! My power supply just died! I highly recommend not buying this power supply! http://www.newegg.com/Product/Produc...82E16817152044 | [00:27] |
jborkl | Off to the store to hopefully find one that isn't an arm and a leg on such short notice." | [00:27] |
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jborkl | KNC Supernova | [00:27] |
mircea_popescu | supernova. nice name. | [00:27] |
kakobrekla | lool | [00:27] |
jborkl | Ty ty | [00:27] |
kakobrekla | zipzap is this it seems http://www.zipzapinc.com/ | [00:27] |
kakobrekla | dunno how is it related to btc | [00:28] |
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mircea_popescu | so here it is : | [00:28] |
mircea_popescu | http://trilema.com/2013/snsa-first-product-the-cardano/ | [00:28] |
ozbot | S.NSA first product - The Cardano pe Trilema - Un blog de Mircea Popescu. | [00:28] |
mircea_popescu | also, mpex deposits flushed if anyone was waiting. | [00:29] |
jcpham | if only my internets worked | [00:30] |
jcpham | i could read trilema | [00:30] |
mircea_popescu | well, get a government that's not shutdown | [00:30] |
mircea_popescu | then maybe your internets'd work. | [00:31] |
Kleeck_ | yes, the government runs the internetz | [00:32] |
mircea_popescu | everything, outdoor monuments, the internets, rain... | [00:33] |
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Kleeck_ | haha | [00:33] |
mircea_popescu | best & biggest government in teh whole world! real power rangers those people. | [00:33] |
Kleeck_ | the fuckin Ocean | [00:33] |
Kleeck_ | The USG is spending more money trying to prove that the "shutdown" is a big deal. | [00:34] |
mircea_popescu | pls to not suggest the govt doth not help and doth not matter, | [00:34] |
mircea_popescu | or it's the booby hatch for you. | [00:34] |
assbot | [MPEX] [S.MPOE] 4258 @ 0.00084941 = 3.6168 BTC [-] {3} | [00:35] |
Kleeck_ | I wasn't suggesting that at all. | [00:35] |
Kleeck_ | But the booby hatch sounds nice. | [00:35] |
mircea_popescu | that's because you don't know what a boobie is. | [00:35] |
Kleeck_ | I... I thought I did... | [00:35] |
mike_c | what's the target cost for the cardano? | [00:36] |
mircea_popescu | it's a... bird. | [00:36] |
midnightmagic | mike_c MiningBuddy- mircea_popescu mius mixdio | [00:36] |
mircea_popescu | mike_c tba :) | [00:36] |
Kleeck_ | Yes, and a breast. | [00:36] |
Kleeck_ | Of, possibly, a female. | [00:36] |
kakobrekla | i miss the option of forcing my own key innit | [00:36] |
mircea_popescu | kakobrekla yup | [00:37] |
mircea_popescu | the 0 1 8 problem. if you can so can someone else. no good. | [00:38] |
assbot | [MPEX] [S.MPOE] 1500 @ 0.00084933 = 1.274 BTC [-] | [00:39] |
kakobrekla | 0 1 8? | [00:39] |
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mircea_popescu | ;;google zero one infinity | [00:40] |
gribble | Zero one infinity rule - Wikipedia, the free encyclopedia: |
[00:40] |
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kakobrekla | id live with the fact someone can replace it | [00:42] |
kakobrekla | but not read it | [00:42] |
mircea_popescu | why's your key so great you want to keep it anyway ? i bet you it wasn't gen'd on hardware rngs for instance. | [00:43] |
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kakobrekla | its not that i want to keep it | [00:45] |
kakobrekla | i just want to define it | [00:45] |
mircea_popescu | but whay ? | [00:45] |
kakobrekla | so i can keep it! | [00:45] |
jborkl | he meant defile it | [00:46] |
pankkake | 0 1 ∞ | [00:46] |
mircea_popescu | you mean keep it as in backup it ? | [00:46] |
Namworld | So he can keep using it/store it/transfer it to a replacement device | [00:46] |
Namworld | Assuming he got an offline backup | [00:46] |
mircea_popescu | one problem i see with this directly is that people will keep insecure copies and then go "o noes someone hacked my cardano and stole my key!11" | [00:46] |
Namworld | And keep the Cardano while on the move | [00:46] |
mircea_popescu | i think the better solution is to use a master and sign a cardano for the move. | [00:47] |
kakobrekla | my copy is on paper and on a safe place | [00:47] |
mircea_popescu | sorta use the cardano as a subbie in that context. | [00:47] |
kakobrekla | and i want to keep that backup | [00:47] |
Namworld | What if the master cardano breaks? | [00:47] |
mircea_popescu | kakobrekla well i didn't mean you. i meant people! | [00:47] |
Namworld | You're kind of screwed | [00:47] |
mircea_popescu | Namworld master doesn't have to be a cardano necessarily. | [00:47] |
Namworld | True | [00:47] |
mircea_popescu | it can be, sure, but if you don't trust it you can just use it as a sub to your main key which you keep traditionally. | [00:48] |
Namworld | Well I suppose that could work | [00:48] |
Namworld | Definitly | [00:48] |
kakobrekla | yet you cant use it for mpex if you dont have main key | [00:48] |
kakobrekla | except if you reg a new key | [00:48] |
mircea_popescu | you can as long as you reg it there. | [00:48] |
kakobrekla | which is 'disposable' | [00:48] |
kakobrekla | which sux | [00:49] |
mircea_popescu | hm ? | [00:49] |
kakobrekla | no way to have backup to mpex acc then | [00:49] |
Namworld | If the cardano breaks, you're out of shares and need to pay for a new account. | [00:49] |
kakobrekla | if the device breaks | [00:49] |
Namworld | No backups | [00:49] |
mircea_popescu | well yes, using a device of this type for that purpose seems like you're asking for trouble. | [00:51] |
mike_c | the cardano should backup the private key to the cloud. | [00:51] |
mike_c | (kidding) | [00:51] |
kakobrekla | lol | [00:51] |
mircea_popescu | sorta like carrying cats in your pant pocket | [00:51] |
mircea_popescu | anyway, we'll get a better idea as to how reliable the things are after they've been in the wild a year or two. atm all i can say is they should be pretty reliable. | [00:52] |
Vexual | prp? | [00:52] |
kakobrekla | yeah its a serious device for serious security but its so serious you cant have backups and so its not usable for serious stuff. | [00:53] |
kakobrekla | :p | [00:53] |
mircea_popescu | it's so secret you can't have backups. | [00:53] |
mircea_popescu | this is a frontline itam. you go into enemy territory with it. | [00:54] |
mike_c | still.. a straight up better replacement for securID? | [00:54] |
midnightmagic | mike_c MiningBuddy- mircea_popescu mius mixdio | [00:54] |
mircea_popescu | mike_c i think so. | [00:54] |
mircea_popescu | also much better scp than scp. | [00:54] |
mircea_popescu | also much better 2fa. | [00:54] |
Vexual | i like the faraday cage bit | [00:54] |
mircea_popescu | in principle you could design your garage door/house door to take a usb stick | [00:55] |
mircea_popescu | and just open them with a purpose cardano. | [00:55] |
Vexual | a thin lead case perhaps, so one can be sure it's in ones pocket | [00:55] |
mircea_popescu | whiuch, even if someome smacks you over the head, can't be cloned | [00:55] |
mircea_popescu | because no backup | [00:55] |
kakobrekla | so they just terminate you on spot | [00:55] |
kakobrekla | without giving you a chance! | [00:56] |
kakobrekla | pft! | [00:56] |
mircea_popescu | carry a bigger stick. | [00:56] |
mircea_popescu | Cardano on a stick! | [00:56] |
mike_c | another question you won't answer yet (even though potential investors would love to know), target release date? | [00:57] |
Vexual | my solar storm has begun | [00:57] |
mike_c | 2013? 14? 15? | [00:57] |
mike_c | well, not 13. | [00:57] |
midnightmagic | mike_c MiningBuddy- mircea_popescu mius mixdio | [00:58] |
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mircea_popescu | mike_c should be here before xmas, so you can all make nice gifts to peopkle. | [00:58] |
mike_c | no way | [00:58] |
mike_c | wow | [00:58] |
mircea_popescu | yup/ | [00:58] |
Vexual | how much? | [00:59] |
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mike_c | he's not saying yet | [00:59] |
bitesak | Good evening ! will these devices be assembled in Romania? | [00:59] |
mircea_popescu | bitesak they shall be assembled at a secret & undisclosed set of locartions | [01:00] |
Vexual | made in notchina | [01:00] |
mircea_popescu | for teh obvious reasons. | [01:00] |
jborkl | http://175btc.com/ | [01:01] |
mircea_popescu | Vexual nah, it's not oursourced. | [01:01] |
mircea_popescu | we're actually making it. | [01:01] |
Vexual | wise | [01:01] |
jborkl | mircea - you in the pool with those guys | [01:01] |
mircea_popescu | jborkl umm i can't read that stuff, what's it say ? | [01:01] |
jborkl | I am just looking at the picture' | [01:02] |
mircea_popescu | lol. | [01:02] |
mircea_popescu | yeah. im the duck. | [01:02] |
jborkl | I wonder why it is 3 white dudes and one mexican dude mining at a chinese pool? | [01:04] |
jborkl | with martinis | [01:05] |
jborkl | and a rubber ducky | [01:05] |
Vexual | not a mexican, just a rich dude with a tan | [01:05] |
jborkl | that one has the least amount of btc | [01:05] |
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assbot | [HAVELOCK] [AM100] 12 @ 0.0088 = 0.1056 BTC [-] | [01:06] |
Vexual | so it seems | [01:07] |
jborkl | jcpham Jere_Jones Jezzz joesmoe joeykrim jordandotdev jurov | [01:08] |
mircea_popescu | lmao jborkl | [01:08] |
mircea_popescu | the mexican is there to bean flavour the sausage soup they're making. | [01:09] |
jborkl | They are all staring at each other and appear to be wearing lipstick :/ | [01:09] |
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jborkl | ok, who p2pd in the pool | [01:10] |
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pankkake | at least it wasn't a whale taking a dump | [01:10] |
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bitesak | would one be able to order and pay via fiat or is this strictly through bitcoin ? | [01:17] |
Vexual | lol | [01:18] |
assbot | [HAVELOCK] [AM100] 601 @ 0.00853068 = 5.1269 BTC [-] {10} | [01:18] |
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mircea_popescu | bitesak bitcoin. | [01:20] |
bitesak | this will help make GPG more accessible and usable | [01:21] |
mircea_popescu | hopefully. | [01:22] |
mircea_popescu | i would think you know, if anyone that groks gpg gives one to their numerous gfs | [01:22] |
mircea_popescu | gpg could take over the world. | [01:22] |
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bitesak | precisely, I was speaking about GPG with my gf and this would be a good christmas gift | [01:23] |
mircea_popescu | yeah cause very easy to use, very hard to fuck anything up. | [01:25] |
bitesak | :) | [01:25] |
bitesak | and thanks to Bitcoin_ | [01:26] |
jborkl | http://forum.kncminer.com/album/4173-anyone-hashing-in-the-datacentre-yet | [01:26] |
ozbot | anyone-hashing-in-the-datacentre-yet | [01:26] |
jborkl | 2 jupiters for 350gh - bam tearing it up | [01:27] |
mircea_popescu | howlong have those been up ? | [01:29] |
mircea_popescu | curious if anyone ran a knc thing for more than a week or so by now | [01:29] |
Vexual | look for smoke signals | [01:29] |
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assbot | [HAVELOCK] [AM1] 2 @ 0.94 = 1.88 BTC [+] | [01:36] |
FabianB | mircea_popescu: so this is a simplified and bigger version of http://www.gnupg.org/howtos/card-howto/en/smartcard-howto-single.html ? | [01:38] |
mircea_popescu | as best i can see it has little in common really. | [01:39] |
mircea_popescu | need not go any further than http://www.gnupg.org/howtos/card-howto/en/smartcard-howto-single.html#id2507296 | [01:40] |
mircea_popescu | that thing's a joke, really. | [01:40] |
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Vexual | will the girlfriend christmas package include lingerie, your email and a digital camera? | [01:41] |
mircea_popescu | Vexual we're working on something. | [01:41] |
Vexual | good, i like drama | [01:41] |
FabianB | mircea_popescu: maybe, but there seem to be 4096 versions too, and can handle kakobreklas wish for programmability (which of course decreases security) | [01:43] |
mircea_popescu | which kinda is the point. | [01:43] |
asciilifeform | anybody make one with a zapper? | [01:44] |
mircea_popescu | as best i can see the smartcard is a sort of fun and games project, let's play with smartcards. it doesn't have the critical features such as separation of key from slate. | [01:44] |
mircea_popescu | such as hardware rng, such as the zapper yes, | [01:44] |
mircea_popescu | it's a laundry list. | [01:44] |
asciilifeform | only people I know who include the zapper are, well, classic NSA. and they don't have a retail store. | [01:44] |
mircea_popescu | they do, but they only sell to iran | [01:45] |
FabianB | what's a zapper? | [01:46] |
Vexual | cyanide pill? | [01:46] |
asciilifeform | Vexual: if you were to introduce key importation, the zapper would have to come with cyanide. | [01:47] |
asciilifeform | whereas the answer to the inquisitor's 'where are the other copies' is correctly 'nowhere.' | [01:47] |
Vexual | what is zapper? | [01:48] |
Vexual | rom write? | [01:48] |
bitesak | the ability to destroy the key? | [01:48] |
asciilifeform | bitesak: we have a winner. | [01:48] |
asciilifeform | see 'How does it work ?' section 'D'. | [01:49] |
bitesak | good night ! | [01:50] |
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pankkake | well, I get the point of the device, but no backup is a dealbreaker for me | [01:53] |
FabianB | mircea_popescu: hmm.. but could gpg's smarcard api be used with cardano for signing/encryption instead of copying files? | [01:53] |
jurov | asciilifeform: you have not considered adding a display? it's the thing i like about trezor | [01:53] |
jurov | so that stuff to be signed can be verified right on the device | [01:53] |
mircea_popescu | FabianB perhaps. i'll have to look into that. | [01:53] |
mircea_popescu | jurov he tried, but couldn't get it past me. | [01:53] |
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pankkake | also how do you communicate with it? you will need some software on the host? | [01:54] |
jurov | pankkake: it's in tfa | [01:54] |
mircea_popescu | pankkake nah, just normal stick | [01:54] |
jurov | mircea and why not? | [01:54] |
Vexual | add a discharge cap to smoke the usb hub just for fun | [01:54] |
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mircea_popescu | jurov cause i'm that kind of asshole. | [01:54] |
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pankkake | oh, you put your thing it its filesystem. clever | [01:55] |
jurov | didn't you violate contract with this executive meddling? | [01:55] |
mircea_popescu | no. my contract clearly states all employees must have unprotected sex with me. | [01:55] |
mircea_popescu | it's written in blood. | [01:55] |
Vexual | tansylvania style | [01:56] |
pankkake | I guess you can write software using it, of course, but it's clever | [01:56] |
jurov | poor stanislav... | [01:56] |
mircea_popescu | pankkake yeah the idea is, you can make a simple bash script to backup sites | [01:56] |
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mircea_popescu | without relying on any outside protection. | [01:57] |
mircea_popescu | that's a good usecase, you know ? | [01:57] |
assbot | [MPEX] [S.MPOE] 2750 @ 0.00085157 = 2.3418 BTC [+] {2} | [01:57] |
pankkake | how would it work, to encrypt a, say, 4 GB file? | [01:57] |
mircea_popescu | the encrypt is not handled by the cardano | [01:58] |
mircea_popescu | decription admittedly may take a minute at that size. | [01:58] |
assbot | [MPEX] [S.MPOE] 3450 @ 0.00085214 = 2.9399 BTC [+] {2} | [01:58] |
pankkake | oh I'm dumb. you only need the pubkey for that | [01:58] |
mircea_popescu | :p | [01:58] |
pankkake | but yeah, the decryption then… | [01:58] |
pankkake | it would have to work in a "streaming" way | [01:59] |
pankkake | and I don't think you can do that with a filesystem | [01:59] |
mircea_popescu | why ? | [01:59] |
mircea_popescu | (why streaming) | [01:59] |
pankkake | does the cardana have gigabytes of storage? | [01:59] |
pankkake | cardano* | [01:59] |
mircea_popescu | C) Working slate ROM. This Flash ROM is removable, and may be inspected or replacedx by customers either before deploying the unit or at any point during. | [02:00] |
mircea_popescu | if it doesn't you can solder your own in. | [02:00] |
mircea_popescu | o wait. no need to solder, cause nsa made it replaceable. | [02:00] |
pankkake | ROM is Read Only Memory right? so I don't get it | [02:01] |
mircea_popescu | it's the same thing you find if you crack open any usb stick | [02:01] |
pankkake | I wouldn't call it ROM | [02:02] |
mircea_popescu | >< | [02:02] |
mircea_popescu | but then again you're french. | [02:02] |
Vexual | cdr is rom | [02:02] |
pankkake | well you're ROManian… | [02:02] |
jurov | mircea_popescu: really, what happens if i put on it 4GB file to decrypt? where will it put the decrypted file? | [02:02] |
mircea_popescu | jurov well hopefully it has a 8gb slate, it puts it right there | [02:02] |
mircea_popescu | pankkake no srsly, it's what they're called. | [02:03] |
jurov | especially if gpg compressed it while encrypting | [02:03] |
pankkake | I guess (looking at https://en.wikipedia.org/wiki/Flash_memory) | [02:03] |
pankkake | but you will confuse people. Flash memory could be clearer | [02:03] |
mircea_popescu | ram is volatile, rom is not volatile. it's what the words mean. | [02:03] |
mircea_popescu | if it confuses people it's because people gotta learn what the words mean. | [02:04] |
pankkake | anyway, I think an optional, streaming interface would be good | [02:04] |
assbot | [HAVELOCK] [AM100] 26 @ 0.0089858 = 0.2336 BTC [+] {3} | [02:04] |
Vexual | 3 letter? didn't read, too long | [02:04] |
* | uglux has quit () | [02:04] |
mircea_popescu | pankkake maybe, but it'd be a diff product. this one separates itself from computer when touching the key, | [02:04] |
mircea_popescu | so as to rpotect from a variety of snooping techniques such as diff analysis from the host. | [02:05] |
pankkake | it doesn't have to be different - it would simply be another service provided by the device; and would probably provide less attack vectors than the filesystem | [02:05] |
pankkake | I mean, it can perfectly provide both | [02:06] |
jurov | oh, and have you considered safely erasing decrypted stuff once it is used? | [02:06] |
* | nubbins` (~nubbins`@stjhnf0148w-142134193006.dhcp-dynamic.FibreOp.nl.bellaliant.net) has joined #bitcoin-assets | [02:06] |
mircea_popescu | jurov the writing scheme is most-used rather than least-used | [02:06] |
mircea_popescu | consequently, you can trash the bits yourself by repeatedly copying/deleting a file to it. | [02:07] |
pankkake | jurov: there is actually a better way: use a one-time-encryption key for the filesystem. each time you reboot it, it is effectively erased | [02:07] |
mircea_popescu | pankkake it's never rebooted. | [02:07] |
pankkake | then unmount/remount | [02:07] |
assbot | [HAVELOCK] [AM100] 43 @ 0.008989 = 0.3865 BTC [+] | [02:07] |
pankkake | just forget the password | [02:07] |
mircea_popescu | something like that. | [02:07] |
Vexual | call it solid state, it sounds more expensive than rom or flash | [02:08] |
jurov | hmmmm... cuz safely erasing today's wear-levelled flash memory is non-trivial endeavor | [02:08] |
pankkake | it's less IO expensive than erasing the data (but more CPU expensive as anything written is encrypted) | [02:08] |
jurov | or you use something custom? | [02:08] |
mircea_popescu | jurov which is why this is optimised the opposite way. it will wear down the bits. | [02:08] |
mircea_popescu | yes, tis custom. | [02:08] |
pankkake | custom how? | [02:09] |
mircea_popescu | custom as in, it optimises for maximum wear. | [02:10] |
mircea_popescu | as opposed to how commercial flash drioves work (optimised for least wear) | [02:10] |
pankkake | doesn't really respond to the "is the decrypted data recoverable" | [02:10] |
jurov | ^this | [02:11] |
mircea_popescu | it does. if you are concerned about this point, copy a file repeatedly until the bits die, and so then it won't be. | [02:11] |
mircea_popescu | if you're not, you're not. | [02:11] |
pankkake | that sucks, and as stated, you have ways to make the concern go away *and* not wear the thing | [02:11] |
mircea_popescu | sometime life sucks. | [02:12] |
pankkake | your product is flawed, there are easy ways to fix it and yet… no? | [02:13] |
mircea_popescu | the product is fine. you have an issue being somehow convinced you can design stuff while simultaneously not having a clue what rom is. | [02:14] |
mircea_popescu | this issue is not of the world. | [02:14] |
pankkake | and I'm only getting evasing responses now. pathetic | [02:15] |
mircea_popescu | mkay. | [02:15] |
Vexual | associates seeking similar outcomes leaving earth | [02:15] |
jurov | Vexual: it's your brainwallet? | [02:15] |
Vexual | whoops wrong window | [02:16] |
mircea_popescu | if it is he has no btc ;/ | [02:16] |
Vexual | ASSOLE | [02:16] |
assbot | [MPEX] [S.MPOE] 1050 @ 0.00085235 = 0.895 BTC [+] | [02:16] |
* | Anduck has quit (Ping timeout: 264 seconds) | [02:19] |
nubbins` | heuristic outcomes | [02:19] |
Vexual | nice. i couldnt think of a suitable h | [02:20] |
jurov | pankkake, we'll see when the design will come out... | [02:20] |
pankkake | it's not hard to give clear answers | [02:20] |
jurov | if it really it will be required to run shred /dev/sdf; mkdosfs /dev/sdf every time | [02:20] |
jurov | then i guess bigger animals than us will start making fun of it | [02:20] |
mircea_popescu | jurov there's a lot of sales copy there but i dunno how it's supposed to work/be implemented. | [02:21] |
mircea_popescu | so i have no idea. | [02:21] |
pankkake | "I don't know" is a better answer than "it's fine" when it's not | [02:21] |
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mircea_popescu | pankkake listen man, sometimes you will confront this situation where your imagination does not meet reality. people will tell you this, you will have to somehow digest it. | [02:21] |
mircea_popescu | there's no way around it, and petulence certainly ain't it. | [02:22] |
jurov | whose petulance? | [02:23] |
mircea_popescu | the definition of petulence is "i've not done anything to date but i will declare your item "flawed" because i am upset that you don't agree with what i think is the case". | [02:23] |
pankkake | again, if your product has no instand erase of its decrypted contents, it loses a great deal of attractivity - telling users they have to shred themselves is far away from the goal of having an easy secure device | [02:23] |
mircea_popescu | can you quote where this goal you imagine for me was stated ? | [02:24] |
* | CheckDavid has quit (Quit: Leaving) | [02:25] |
jurov | [02:25] | |
mircea_popescu | hardly a goal. but anyway, let's go throuigh the thing to make sure we're all on the same page, har har. | [02:25] |
mircea_popescu | if you have remote control of the connected pc, but no physical control of the stick, | [02:26] |
pankkake | and the worst thing is, it's not a big deal to fix. there is no reason to start going all like "it's not a problem" | [02:26] |
mircea_popescu | you can't read the deleted part of the work slate. | [02:26] |
mircea_popescu | if you have physical control of the stick, you can remove the working slate, but still can't read it, because it has a cypher. | [02:26] |
pankkake | you can read the raw filesystem of usb sticks | [02:26] |
mircea_popescu | if you are real good and manage to extracrt the cypher out of the chip and decode the working slate, you might be able to read whatever's not been destroyed on the drive. | [02:27] |
mircea_popescu | the definitive protection to this is a) don't lose physical control of the stick and b) destroy the slate. | [02:27] |
mircea_popescu | this is how the thing is intended to work. there aren't and won't be unrelated cases glued on because people think they're cool. | [02:27] |
mircea_popescu | because this isn't a cool thing, this is a useful thing. | [02:27] |
pankkake | no, you can simply read the whole filesystem silently, when it is plugged | [02:28] |
mircea_popescu | and you know this because ? | [02:28] |
pankkake | because that's how USB Mass Storage works | [02:28] |
mircea_popescu | right-o. | [02:28] |
asciilifeform | ok I should probably chime in here. Easy answer: | [02:28] |
asciilifeform | we have a session block cipher key for working slate in SRAM | [02:28] |
mircea_popescu | bah ruining all my fun. | [02:29] |
pankkake | asciilifeform: wow, so… that what I was proposing! | [02:29] |
pankkake | see? don't deny the issue, especially if it is already fixed | [02:29] |
mircea_popescu | eh get out | [02:29] |
mircea_popescu | i gotta make this guy sign an nda. | [02:29] |
mircea_popescu | pankkake : did you read the "At the end of this procedure, the working slate will have been re-formatted, and will appear empty - as Cardano no longer possesses the old block-cipher key." part ? | [02:31] |
asciilifeform | without saying much more, the quick answer is: if some part of the draft spec seems illogical / bizzare / 'couldn't physically wurk', the answer is generally 'the obvious fix.' | [02:31] |
pankkake | no. I TL;DRed it. but that was no reason to say that my concern was invalid - it was valid, and actually taken care of | [02:31] |
mircea_popescu | which means it's invalid. | [02:32] |
pankkake | ugh… | [02:32] |
Vexual | sscience | [02:34] |
Vexual | can i get a 9 pin plug instread of usb? :) | [02:35] |
pankkake | you mean a 9 in plug? | [02:35] |
asciilifeform | Vexual: for your VT-100? | [02:36] |
Vexual | yeah im saving up for a new computer | [02:36] |
nubbins` | hey! my bitbet was accepted | [02:37] |
nubbins` | thrilling | [02:37] |
mircea_popescu | how did that happen! | [02:38] |
mircea_popescu | and i gave clear orders no futher bets to be accepted!!1 the entire system is breaking down! | [02:38] |
nubbins` | lel | [02:39] |
Vexual | whats the bet? | [02:39] |
nubbins` | http://bitbet.us/bet/552/havelock-will-announce-us-restrictions-by-guy-fawkes/ | [02:39] |
ozbot | BitBet - Havelock will announce US restrictions by Guy Fawkes Night | [02:39] |
nubbins` | it's en vogue these days | [02:40] |
Vexual | are you the no nubs? | [02:40] |
nubbins` | not sure how to answer | [02:41] |
nubbins` | oh! | [02:41] |
nubbins` | lel | [02:41] |
nubbins` | no | [02:41] |
nubbins` | i thought you were asking if i didn't have any nubs | [02:42] |
pankkake | while the "ASICMINER weekly dividend drops below 0.005 per share in 2013" was getting rejected it is now too late, as the last one was 0.004 | [02:42] |
kakobrekla | http://www.washingtonpost.com/blogs/worldviews/wp/2013/10/09/oops-azerbaijan-released-election-results-before-voting-had-even-started/ | [02:42] |
ozbot | Oops: Azerbaijan released election results before voting had even started | [02:42] |
nubbins` | hah | [02:42] |
Vexual | private fibre | [02:43] |
asciilifeform | speaking of Azerbaijan, has anyone here done the TOR exercise suggested in MP's comments? | [02:43] |
nubbins` | which exercise is that? | [02:44] |
mircea_popescu | lol azerbaijan govt is truely efficient. | [02:44] |
asciilifeform | http://trilema.com/2013/dear-guardian-stop-being-retarded/#comment-95409 | [02:45] |
ozbot | Dear Guardian : stop being retarded. pe Trilema - Un blog de Mircea Popescu. | [02:45] |
nubbins` | someone mentioned it earlier today | [02:45] |
pankkake | given I know people who had police visits quickly after running exit nodes, I won't | [02:46] |
asciilifeform | don't do it on a residential pipe. | [02:46] |
pankkake | and probably don't do it on your name, but with some kind of legal shield | [02:47] |
assbot | [HAVELOCK] [VTX] 1 @ 0.36110131 BTC [+] | [02:47] |
pankkake | I mean, legal entity | [02:47] |
Vexual | more 802.11s! | [02:47] |
asciilifeform | it is best done under the flag of an organization existing for some other not entirely related purpose. | [02:47] |
asciilifeform | with the commander's approval, naturally | [02:48] |
asciilifeform | or if you're a cheapo you can just rent an Amazon EC2 instance. | [02:48] |
asciilifeform | they Officially love TOR. | [02:48] |
pankkake | won't Amazon rat you out? | [02:48] |
asciilifeform | last i checked tor exits were explicitly permitted in their TOS | [02:49] |
assbot | [HAVELOCK] [VTX] 2 @ 0.42999999 = 0.86 BTC [+] {2} | [02:49] |
assbot | [HAVELOCK] [HIM] 33 @ 0.11248786 = 3.7121 BTC [-] {8} | [02:49] |
asciilifeform | the fact of them sneaking a peek at your results if they feel like it is another matter. | [02:49] |
pankkake | having the server pulled off isn't the real concern, the real concern is them giving your personal info to the police | [02:49] |
mircea_popescu | asciilifeform don't you find that amazon love quite damning ? | [02:50] |
asciilifeform | and if you diddle traffic in an easily detected way, TOR foundation will add your node to its blacklist. | [02:50] |
pankkake | there are many other providers who explicitely say TOR is OK | [02:50] |
assbot | [HAVELOCK] [HIM] 22 @ 0.10165454 = 2.2364 BTC [-] {5} | [02:50] |
assbot | [HAVELOCK] [VTX] 2 @ 0.43 = 0.86 BTC [+] | [02:50] |
mircea_popescu | pankkake like who ? (i've not been watching this any) | [02:50] |
pankkake | some others that automatically shut you down (I know one who monitors for both TOR and Freenet) | [02:50] |
asciilifeform | there is no shortage of damning. TOR's authors really love it when you run it on VPS hosts, saves them some $ on running their own diddled nodes. | [02:51] |
assbot | [MPEX] [S.MPOE] 1000 @ 0.00085235 = 0.8524 BTC [+] | [02:51] |
pankkake | https://trac.torproject.org/projects/tor/wiki/doc/GoodBadISPs | [02:51] |
pankkake | I'm running a relay on an EDIS node | [02:51] |
mircea_popescu | Arvixe (hosting) Openly and respectfully state that while they dont permit a TOR exit on shared hosting accounts, you are very welcome to run one on a VPS account. | [02:52] |
mircea_popescu | nice. | [02:52] |
asciilifeform | 'shared hosting' typically means no persistent processes | [02:52] |
asciilifeform | so, no IRC either, etc | [02:52] |
pankkake | hehe, I remember when you could rent "shells" and the number of resident processes was limited | [02:53] |
pankkake | for the same price you can probably get a dedicated server now | [02:53] |
asciilifeform | my advice to anyone who does the exercise is to look up what happened to the Swedish fellow who did likewise and published the results in an academic paper. | [02:54] |
asciilifeform | and then draw appropriate conclusions. | [02:54] |
Vexual | you can kiss those 4 centibits goodbye nubbins | [02:55] |
pankkake | anyway, the tor list of isps is a good source even if you don't care for TOR | [02:55] |
asciilifeform | the TOR source is a good source even for those who don't care for TOR | [02:56] |
asciilifeform | it is one thing to say 'gotta be a honeypot, bureaucrats wrote it' and another to see just how the pot is intended to function | [02:56] |
asciilifeform | and under what conditions it is usable as something else. | [02:56] |
pankkake | http://www.wired.com/threatlevel/2007/11/swedish-researc/ him? | [02:56] |
ozbot | Tor Researcher Who Exposed Embassy E-mail Passwords Gets Raided by Swedish FBI and CIA | Threat Leve | [02:56] |
asciilifeform | yes, him. | [02:57] |
Vexual | no wait, the other ways around | [02:57] |
pankkake | the tor project explicitely says you should not trust exit nodes | [02:57] |
asciilifeform | it says quite a few things | [02:57] |
asciilifeform | such as, for instance, that a healthy person should eschew Winblows | [02:58] |
asciilifeform | words are cheap. | [02:58] |
pankkake | TBB ships with HTTPS anywhere, not that it is enough… | [02:58] |
pankkake | actually, even torbrowser on linux is quite risky | [02:59] |
pankkake | unless you forbid any non-tor traffic, like Tails does | [02:59] |
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asciilifeform | anyone who even thinks of 'browser' when thinking about TOR, etc. is already in a state of damnation. | [03:00] |
pankkake | what do you mean? | [03:01] |
asciilifeform | refer to the 'dumb users' section of the latest TOR dirt leak (even if you believe that the 'leak' is disinfo, the section applies to most users.) | [03:02] |
asciilifeform | so consider the case of a TORist who proceeds to log into gmail, etc. while on a circuit | [03:02] |
asciilifeform | game over. | [03:02] |
asciilifeform | or the similar case of 'cookies' enabled | [03:03] |
pankkake | right | [03:03] |
pankkake | that's why Tails is great: use it to do your thing and this only | [03:04] |
assbot | [HAVELOCK] [AM1] 2 @ 0.9530003 = 1.906 BTC [+] | [03:05] |
assbot | [HAVELOCK] [AM100] 42 @ 0.00866 = 0.3637 BTC [-] | [03:06] |
blastbob1 | i was dreaming about a irc based exchange on the tor network | [03:06] |
assbot | [HAVELOCK] [AM1] 1 @ 0.9530002 BTC [-] | [03:07] |
pankkake | hmm and you would put orders through bots? | [03:08] |
blastbob1 | yea | [03:08] |
assbot | [HAVELOCK] [AM1] 1 @ 0.953 BTC [-] | [03:08] |
pankkake | I like it - tor or not | [03:08] |
blastbob1 | faster than any web on tor atleast | [03:08] |
kakobrekla | assbot speaks mpex | [03:09] |
pankkake | I don't like websites or browsers, so :) | [03:09] |
mircea_popescu | blastbob1 you are aware this is how mpex works yes ? | [03:09] |
kakobrekla | :p | [03:09] |
blastbob1 | heard some rumours yes | [03:09] |
mircea_popescu | http://trilema.com/2013/the-many-ways-available-for-talking-to-mpex/ | [03:09] |
ozbot | The many ways available for talking to MPEx pe Trilema - Un blog de Mircea Popescu. | [03:09] |
mircea_popescu | there, spec. why live on rumors. | [03:10] |
assbot | [HAVELOCK] [AM100] 51 @ 0.00867 = 0.4422 BTC [+] | [03:11] |
blastbob1 | Can you accually buy and sell with it also? | [03:12] |
mircea_popescu | yup | [03:12] |
pankkake | $proxies | [03:13] |
mpexbot | pankkake: ["http://mpex.co", "http://mpex.ws", "http://mpex.bz", "http://mpex.coinbr.com", "http://mpex6.coinbr.com"] | [03:13] |
kakobrekla | i hear rumours? | [03:15] |
kakobrekla | http://www.youtube.com/watch?v=hJJnJJFCyl4 | [03:16] |
ozbot | Awesome - Rumours - YouTube | [03:16] |
Azelphur | proxies? have places started blocking mpex? XD | [03:17] |
pankkake | simply prepare for the worst | [03:17] |
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Azelphur | ah | [03:17] |
* | nospinzy (~ferferg@216.49.20.58.res-cmts.hzl2.ptd.net) has joined #bitcoin-assets | [03:18] |
kakobrekla | most of those are offline | [03:18] |
kakobrekla | proxies | [03:19] |
pankkake | is that indented? | [03:19] |
pankkake | intended | [03:19] |
kakobrekla | i doubt | [03:19] |
Azelphur | mircea_popescu: I spot a kivy screenshot | [03:19] |
Azelphur | :) | [03:19] |
nubbins` | Vexual: not my bitcents! i'm in it to win it | [03:20] |
Vexual | yes well you must have seen snl last week too nubbins | [03:20] |
nubbins` | sadly, no :( | [03:20] |
Vexual | the thinking persons merican news and currnt affairs | [03:20] |
nubbins` | i thought that was the onion | [03:21] |
Vexual | no thats just to confuse old people | [03:21] |
* | Andrew (~kvirc@119.131.183.6) has joined #bitcoin-assets | [03:22] |
nubbins` | ah! i have so much to learn | [03:22] |
nubbins` | i get most of my news through the glorious red lens of the canadian broadcasting corporation | [03:22] |
Vexual | the red lens is the bc bud? | [03:23] |
nubbins` | i was referring to their strong slant to the left | [03:23] |
nubbins` | although i think i recall that in other places red is the right-wing color of choice? | [03:24] |
* | nubbins` shrugs | [03:24] |
nubbins` | hard to keep track | [03:24] |
mircea_popescu | Azelphur hm ? | [03:24] |
Azelphur | in your blog post | [03:24] |
Azelphur | I spy python+kivy | [03:24] |
mircea_popescu | o. | [03:25] |
Azelphur | http://trilema.com/wp-content/uploads/2013/03/mpex_droid.png | [03:25] |
mircea_popescu | yeh | [03:25] |
mircea_popescu | some people don't know the glory of perl | [03:25] |
Azelphur | you mean, the terribleness | [03:27] |
mircea_popescu | :p | [03:27] |
mircea_popescu | im in such a trollish mood today | [03:28] |
Vexual | tell that to a t1000 terminator, theyre all perl | [03:28] |
nubbins` | i thought they were written in RPG IV | [03:29] |
* | Evolyn_ (~Evolyn@p5B02DDA0.dip0.t-ipconnect.de) has joined #bitcoin-assets | [03:32] |
pankkake | you can run a kivy application on a desktop too? | [03:32] |
* | Evolyn_ is now known as Evolyn | [03:32] |
nubbins` | sure | [03:32] |
mircea_popescu | you can run anything on linux. | [03:32] |
mircea_popescu | that is what the word means. | [03:32] |
pankkake | I knew it mostly as a way to write Android applications in Python. if it can run without the android crap, it's great | [03:34] |
mircea_popescu | i think it's pretty much useful as a way to write for smartphones, but it does run in linux. | [03:35] |
mircea_popescu | which means it can be run on the toaster oven or w/e. | [03:35] |
* | Evolyn__ has quit (Ping timeout: 264 seconds) | [03:35] |
mircea_popescu | Vexual http://en.wikipedia.org/wiki/Pontiac_T1000 ? | [03:37] |
pankkake | well I'm on a project where most of GUIs suck, and we only support one dead mobile platform. kivy was on our radars | [03:37] |
mircea_popescu | jesus that sounds bad. | [03:38] |
pankkake | not really. we're like mpex, mostly CLIs :p | [03:38] |
Vexual | also not actualy self aware | [03:38] |
mircea_popescu | aok | [03:39] |
pankkake | looks like no java required for kivy on desktop. yay | [03:41] |
mircea_popescu | nope. it's a decent tool. | [03:42] |
* | OneFixt has quit (Ping timeout: 268 seconds) | [03:43] |
* | benkay has quit (Ping timeout: 240 seconds) | [03:48] |
assbot | [HAVELOCK] [AM100] 32 @ 0.00881 = 0.2819 BTC [-] | [03:50] |
mircea_popescu | http://en.wikipedia.org/wiki/List_of_films_that_most_frequently_use_the_word_%22fuck%22 | [03:50] |
mircea_popescu | apparently wikipedia has one good article on it. | [03:50] |
nubbins` | "This is a list of non-pornographic, English language films" | [03:53] |
pankkake | FPM is a good unit | [03:53] |
* | marks1976 (~quassel@96.236.19.133) has joined #bitcoin-assets | [03:54] |
pankkake | there's also youtube videos with only the fucks | [03:54] |
mircea_popescu | the fuckdebit | [03:55] |
nubbins` | f/m^2 as the fucks accelerate | [03:55] |
pankkake | https://www.youtube.com/watch?v=_jSMTcx69-Q | [03:56] |
ozbot | Jay And Silent Bob Strike Back: The F*cking Short Version - YouTube | [03:56] |
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mircea_popescu | english is so banal. i can only imagine what that'd have sounded like in romanian. | [04:02] |
pankkake | indeed, I wonder if other language have such a popular curse worse | [04:03] |
pankkake | word* | [04:04] |
pankkake | https://www.youtube.com/watch?v=vM8Mq4yz2Hw (though the joke is also the translation) | [04:05] |
ozbot | fuck you - YouTube | [04:05] |
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mircea_popescu | m'embeterai | [04:05] |
mircea_popescu | lmao | [04:05] |
pankkake | it's funny because it's true. French translations are pretty tame | [04:06] |
pankkake | saperlipopette ! | [04:07] |
mircea_popescu | http://www.youtube.com/watch?v=RNOdcBUJ3eU | [04:07] |
ozbot | injuraturi - YouTube | [04:08] |
mircea_popescu | this is one of the better romanian strings. | [04:08] |
mircea_popescu | interestingly, the chick is actually french and she doesn't speak romanian. learned it phonetically. | [04:08] |
pankkake | nice | [04:08] |
mircea_popescu | (Marthe Felten) | [04:09] |
Vexual | http://www.youtube.com/watch?v=n6dgOu6sj9Y | [04:10] |
ozbot | Hercules Returns: "Testiculi's father".. Part 1 - YouTube | [04:10] |
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nubbins` | huh, virtex is issuing debit cards now | [04:11] |
nubbins` | cool | [04:11] |
assbot | [HAVELOCK] [AM100] 26 @ 0.008989 = 0.2337 BTC [+] | [04:11] |
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Lennix | any updates from ukto regarding refunding the bugged fees? | [04:12] |
pankkake | https://www.youtube.com/watch?v=zYoeBn247CU that movie is an insult goldmine and a classic | [04:12] |
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assbot | [HAVELOCK] [AM100] 34 @ 0.009 = 0.306 BTC [+] {3} | [04:14] |
mircea_popescu | According to Pileggi, Scorsese cold-called the writer and told him, "I've been waiting for this book my entire life." To which Pileggi replied "I've been waiting for this phone call my entire life". | [04:14] |
pankkake | I'm becoming addicted to zero fee transactions. it's like gambling except you eventually win | [04:20] |
kakobrekla | coincontrol build is perfect for that | [04:26] |
kakobrekla | you can easily add bloat btc to make it free | [04:26] |
kakobrekla | or select apropriate input | [04:26] |
pankkake | it's how I chose the amounts I bitbet usually, I take a full input :) | [04:27] |
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mircea_popescu | it does have a cost tho | [04:28] |
kakobrekla | you can do 1 satoshi tx and attach 100 btc to it for bloat and its free | [04:28] |
Vexual | a satoshi saved is a satoshi earned | [04:28] |
mircea_popescu | in the sense that old coinbase are worth that many btcdays | [04:28] |
pankkake | indeed. I was actually thinking of how a service could try to lower its fees by coinbase optimization | [04:29] |
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kakobrekla | have one big input of 1k btc and shave off btc | [04:29] |
kakobrekla | change address always self | [04:30] |
pankkake | if the change address is self, then it's still considered old? | [04:30] |
Vexual | no | [04:30] |
kakobrekla | nop | [04:30] |
pankkake | that's why I thought of having multiple old coinbases, of many values | [04:30] |
kakobrekla | just make it big enough | [04:31] |
Vexual | 1000 btc ages quickly | [04:31] |
pankkake | oh, the bigger it is, the faster it ages? | [04:31] |
kakobrekla | "btcdays" is the unit | [04:31] |
kakobrekla | 1 btc per day | [04:31] |
assbot | [HAVELOCK] [CFIG] 1 @ 0.13085 BTC [+] | [04:31] |
assbot | [HAVELOCK] [CBTC] 29800 @ 0.00018099 = 5.3935 BTC [-] {4} | [04:31] |
kakobrekla | 0.5 btc would take 2 days | [04:31] |
kakobrekla | 2 btc would take half a day | [04:32] |
pankkake | I see. cool. I wasn't able to find a good documentation on the matter earlier | [04:32] |
kakobrekla | ;;calc (60*60*24)/1000 | [04:33] |
gribble | 86.4 | [04:33] |
kakobrekla | looks like 86 seconds for a 1k | [04:33] |
kakobrekla | a sendtomany every block easy | [04:34] |
assbot | [HAVELOCK] [AM100] 14 @ 0.008821 = 0.1235 BTC [-] | [04:40] |
Vexual | hows the 250k block gonna work in 5 years? | [04:40] |
Vexual | plebs will only be able to send coins using services affiliated with mining conglomerates? | [04:41] |
mircea_popescu | pretty much | [04:42] |
Vexual | cool, im gonna buy noumea so i can learn improper french properly | [04:45] |
assbot | [HAVELOCK] [VTX] 5 @ 0.43 = 2.15 BTC [+] | [04:49] |
pankkake | ;;bc,stats | [04:52] |
gribble | Current Blocks: 262659 | Current Difficulty: 1.8928124928103292E8 | Next Difficulty At Block: 264095 | Next Difficulty In: 1436 blocks | Next Difficulty In About: 1 week, 1 day, 1 hour, 37 minutes, and 4 seconds | Next Difficulty Estimate: 220202781.137 | Estimated Percent Change: 16.33629 | [04:52] |
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assbot | [HAVELOCK] [AM100] 85 @ 0.009 = 0.765 BTC [+] {2} | [04:58] |
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nubbins` | anyone feel like fielding a couple of questions about coloured coins? | [05:02] |
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Jere_Jones | Anyone know what's going on whty Ukyo lately? | [05:07] |
Jere_Jones | s/whty/with | [05:07] |
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Vexual | hes maybe moving to okinawa | [05:09] |
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assbot | [HAVELOCK] [AM100] 40 @ 0.009 = 0.36 BTC [+] | [05:09] |
Vexual | waiting on a visa for his cat | [05:10] |
Jere_Jones | He seems to be MIA for over a week now. | [05:10] |
Vexual | biosecurity is pretty big in japan | [05:10] |
mircea_popescu | ;;seen ukyo | [05:13] |
gribble | ukyo was last seen in #bitcoin-assets 1 week, 3 days, 20 hours, 26 minutes, and 51 seconds ago: |
[05:13] |
mircea_popescu | ;;seen ukto | [05:13] |
gribble | ukto was last seen in #bitcoin-assets 1 week, 2 days, 17 hours, 12 minutes, and 18 seconds ago: |
[05:13] |
nubbins` | after an admittedly short search, i wasn't able to find a whole lot of technical info on the theory behind colored coins, but i found this odd snippet in a paper: | [05:13] |
mircea_popescu | hm | [05:13] |
Vexual | im joking people, hes moving to tokyo | [05:14] |
nubbins` | "A valid Bitcoin transaction which does not follow the special colored format, will be recognized by the Bitcoin network, but not as a legitimate color-preserving transaction by the colored coin network. The color of these coins will be lost, and hence users and software clients need to be careful to avoid doing this and losing their value." | [05:14] |
Vexual | cat is true | [05:14] |
nubbins` | but why the fuck would you design it in such a way that the "color of the coins" (i.e. your shares in company x or whatever) could ever be lost? | [05:14] |
nubbins` | it boggles me | [05:14] |
Vexual | otherwise its racist? | [05:14] |
Vexual | couloured coins isn't even a thing | [05:15] |
nubbins` | that's it | [05:15] |
nubbins` | it's because shit like i pasted doesn't make sense | [05:15] |
nubbins` | and things that don't make sense don't get implemented | [05:15] |
pankkake | why even use the bitcoin blockchain? | [05:15] |
nubbins` | hash power! | [05:16] |
pankkake | merged mining! | [05:16] |
nubbins` | separate blockchain would be vulnerable to 51% attacks | [05:16] |
pankkake | well, ok, you have to add incentives to merge mine it | [05:16] |
nubbins` | but let's say i own 100 shares in company x | [05:16] |
Vexual | le nuage | [05:16] |
nubbins` | why can't i just send pankkake a dust transaction with "xfer 100 S.GEM" in the note field? | [05:17] |
mircea_popescu | nubbins` because idiots. | [05:17] |
mircea_popescu | see also | [05:17] |
mircea_popescu | ;;google why i nixed | [05:17] |
nubbins` | i mean, if the idea behind colored coins is that you have to make this huge tree of transactions that have some sort of magic dust in them | [05:17] |
gribble | nixed - definition of nixed by the Free Online Dictionary, Thesaurus ...: |
[05:17] |
nubbins` | why not tie the shares to the address, not to any particular coins? | [05:17] |
nubbins` | i send a dust tx to address 1abc, with note "xfer 100 s.gem", so address 1abc is assumed to always possess those 100 shares, permanently | [05:18] |
nubbins` | no losing them | [05:18] |
nubbins` | until they send a dust tx to someone else saying xfer 50 s.gem or whatever | [05:18] |
pankkake | from what I understand, colored coins aren't much better than asicminer-style direct shares | [05:19] |
nubbins` | tying assets to individual coins and not addresses doesn't make any sense | [05:19] |
nubbins` | the only thing direct shares need is a way to post bids and asks | [05:19] |
nubbins` | without relying on a website | [05:19] |
mircea_popescu | because the handkling of fixed addresses is poorly understood because, again, idiots. | [05:21] |
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pankkake | I'm still waiting for any technical insight on colored coins, so far I only see circlejerks (like the reddit shirt fundraiser) | [05:22] |
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nubbins` | nothing that couldn't be trivially implemented in any desktop or web-based bitcoin client | [05:22] |
nubbins` | another tab next to "receive money" on your blockchain.info account | [05:23] |
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mircea_popescu | nubbins` here's the thing : if you do it with addresses you don't really need the blockchain, might as well do it to gpg signatures. | [05:24] |
mircea_popescu | which reduces to a slightly braindamaged reimplementation of mpex. | [05:25] |
nubbins` | mpex servers melt tomorrow, no trading; i can still send a dust tx to transfer my colored address shares | [05:26] |
Vexual | you got a dude with an ak guarding your private key? | [05:26] |
nubbins` | i'm assuming you keep records of who owns what? suppose you didn't have to | [05:27] |
nubbins` | Vexual: don't we all? | [05:27] |
Vexual | few do | [05:27] |
mircea_popescu | nubbins` you can, but you have an escrow problem each time you do. | [05:27] |
nubbins` | escrow is a problem? | [05:28] |
mircea_popescu | yes, escrow is a problem. | [05:28] |
nubbins` | multi-sig transactions | [05:29] |
assbot | [HAVELOCK] [AM100] 58 @ 0.009 = 0.522 BTC [+] | [05:29] |
mircea_popescu | multi-sig txs are not a solution to the escrow problem really. | [05:30] |
Vexual | og blockchain is the gold standard, accept no substitutes | [05:30] |
mircea_popescu | they;'re a useful tool in some contexts, but you still need to have an escrow agent | [05:30] |
mircea_popescu | if that agent melts down... no transactions. | [05:30] |
mircea_popescu | which brings you back to exactly where we started. | [05:30] |
Vexual | whats the point? | [05:31] |
nubbins` | if the transacting parties agree, there's no need for the escrow agent at all, but you're correct in that the system would hinge on having a supply of readily-available escrow agents | [05:31] |
mircea_popescu | yeah. | [05:31] |
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nubbins` | although | [05:31] |
nubbins` | it's trivial to verify a legit tx | [05:31] |
mircea_popescu | depends on the state of the blockchain at that time | [05:32] |
mircea_popescu | if it's forked, it may be impossible. | [05:32] |
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nubbins` | well, if it's forked, lots of things are impossible | [05:32] |
mircea_popescu | not for mpex. | [05:32] |
mircea_popescu | moreover, you will have a sensible delay in all trades. what's better, one day a year of no trading or half hour lost to settle each individual trade ? | [05:33] |
nubbins` | hm | [05:33] |
mircea_popescu | today is like design 101 day | [05:35] |
Vexual | got a logo yet? | [05:35] |
pankkake | from what I see, this is going the way of the decentralized facebook | [05:35] |
nubbins` | y'know, i think everything but the delay could be worked around | [05:36] |
mircea_popescu | just about. decentralised trust is about as clever as decentralised cunt. | [05:36] |
mircea_popescu | you got nothing to rub against. | [05:36] |
mircea_popescu | in unrelated news, http://dfw.cbslocal.com/2013/10/08/are-anti-bullying-programs-having-an-opposite-effect/ | [05:36] |
pankkake | are anti-whatever programs having an opposite effect? yes | [05:36] |
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mircea_popescu | Vexual logo for what you mean ? | [05:38] |
pankkake | colored coins? | [05:38] |
pankkake | it's the first step to any successful project! | [05:38] |
nubbins` | the logo looks horrible in my head | [05:38] |
Vexual | nothing to rub against, that bests beans in the sausage soup | [05:38] |
Vexual | lmao | [05:38] |
assbot | [HAVELOCK] [B] [XBOND] 600 @ 0.00123997 = 0.744 BTC [+] {3} | [05:39] |
Kleeck_ | LOL: oops! http://www.washingtonpost.com/blogs/worldviews/wp/2013/10/09/oops-azerbaijan-released-election-results-before-voting-had-even-started/ | [05:39] |
pankkake | http://mpex.co/favicon.ico even MPEx has a logo! | [05:39] |
pankkake | http://bitcoin-assets.com/static/mpex-248x50.png eh, still horrible | [05:41] |
Vexual | i mean logo for beardy italian gpg stick | [05:42] |
[\] | people still use favicon? | [05:42] |
nubbins` | faviconcoin | [05:42] |
pankkake | why wouldn't you have favicons? | [05:42] |
nubbins` | having no favicon implies boorishness | [05:43] |
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Vexual | if i may suggest, a bearded italian | [05:56] |
Vexual | im pretty sure theres no copywrite on those images | [05:57] |
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mircea_popescu | which ? | [05:58] |
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Vexual | the name of the guy, who your gpg key is named after, whos name i forget becuase i didn't know of him before | [06:00] |
asciilifeform | Vexual: he is also known for inventing... the crankshaft. | [06:00] |
Vexual | really? | [06:00] |
Vexual | i must have really skimmed wikipedia that time | [06:01] |
mircea_popescu | i have no idea what's going on... | [06:01] |
asciilifeform | well, the modern version thereof | [06:01] |
Vexual | whats the name again? | [06:02] |
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asciilifeform | err, not the crankshaft, the gimbal shaft | [06:02] |
asciilifeform | as in this one - http://en.wikipedia.org/wiki/Universal_joint | [06:03] |
Vexual | like some trustless gyroscope | [06:03] |
assbot | [HAVELOCK] [AM1] 1 @ 1 BTC [+] | [06:04] |
mircea_popescu | o you mean the cardan joint ? | [06:04] |
asciilifeform | right | [06:04] |
asciilifeform | but I first learned of him because of 'Cardano's Grille' | [06:05] |
asciilifeform | possibly the most fun low-tech cipher machine possible | [06:05] |
mircea_popescu | which suggests a great line to me : whenever someone wants to featurecreep me, i shall go "we're doing a cardan joint not a thomson coupling here" | [06:06] |
Vexual | you know rastas replace the word vital with ital | [06:06] |
Vexual | and italians improved had made hash production in the himilayas | [06:07] |
Vexual | they are very good at first principals | [06:07] |
asciilifeform | the obsolete crypto method in question: http://en.wikipedia.org/wiki/Cardan_grille | [06:07] |
asciilifeform | who knew it was on pediwikia | [06:07] |
Vexual | a beautiful culture in tune with an old language, great for thought | [06:09] |
mircea_popescu | “Are you a federal employee that has been deemed non-essential? Do you have a little too much time on your hands and nothing to do? Is the recent government shutdown to blame? Here at Vibrators.com we are committed to allowing our customers to find satisfaction. As vibrator enthusiasts, we want everyone to experience the pleasure that a nice vibrator can bring to partners and individuals. Besides, we know you have s | [06:11] |
mircea_popescu | ome free time, why not try something new? Vibrators.com has been giving away this free vibrator for years as a bonus gift with customers’ orders and it receives great reviews. It is fairly powerful, quiet, and uses a single AA battery (not included). It is 5 inches long and 1 inch in diameter, a smaller vibe. It is emblazoned with the Vibrators.com logo on one side, so that you will forever remember our generosity.” | [06:11] |
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Vexual | i remember something an old italian man told me, ingenious, i have to poke it in with a stick | [06:14] |
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Vexual | its probaly funnier when you've seen his wife | [06:23] |
asciilifeform | gimbal joint built into the stick, or the wife? | [06:24] |
Vexual | whats latin for gspot? | [06:25] |
mircea_popescu | punto g ? | [06:26] |
* | Now talking on #bitcoin-assets | [14:43] |
* | Topic for #bitcoin-assets is: http://bitcoin-assets.com || http://log.bitcoin-assets.com - most days worth reading || http://bash.bitcoin-assets.com - all days worth reading | [14:43] |
* | Topic for #bitcoin-assets set by kakobrekla!~kako@unaffiliated/kakobrekla at Sun Sep 29 03:06:59 2013 | [14:43] |
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assbot | [HAVELOCK] [HIM] 8 @ 0.1001375 = 0.8011 BTC [-] {2} | [14:55] |
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assbot | [HAVELOCK] [XBOND] [PAID] 0.69348300 BTC to 1`386`966 shares, 50 satoshi per share | [15:00] |
mircea_popescu | http://blog.cryptographyengineering.com/2013/09/the-many-flaws-of-dualecdrbg.html | [15:01] |
mircea_popescu | shit one learns from one's blog. | [15:01] |
davout | yo | [15:02] |
mircea_popescu | ello. | [15:03] |
davout | so i was reading your reply | [15:03] |
davout | i concur when you say the fact the private key is never exported is a feature | [15:03] |
mircea_popescu | "and i hate you now" | [15:03] |
mircea_popescu | a ok | [15:03] |
davout | nah, i never hate :-) | [15:04] |
davout | but regarding the revocation cert it's still useful to have | [15:04] |
davout | push it to keyservers, everybody gets notified | [15:04] |
mircea_popescu | maybe. the one constraint in there, you have to appreciate, is that since we're not doing asics for this, | [15:04] |
mircea_popescu | there's just so much space available for code | [15:05] |
mircea_popescu | so iot's a game of well what can we fit of what we need to have | [15:05] |
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davout | ofc | [15:05] |
mircea_popescu | if we ever end up selling these by the 10's of ks then an asic run becomes more reasonable and it probably will present a muchly different picture | [15:05] |
davout | i'm just saying you're forgetting the main point of the revocation cert (in this specific context) in your answer | [15:05] |
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mircea_popescu | well, see, the cardano is principally to be used with people you are in contact with. | [15:06] |
mircea_popescu | it's ideal usecase is not this, post pubkey on your blog, 20 years later still get encrypted email to that key (you've long lost) | [15:07] |
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davout | hmm | [15:08] |
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mircea_popescu | lermme quote here | [15:08] |
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mircea_popescu | well i can't find it. somewhere phil zimmermann was saying that people still send him pgp encrypted email but he long since doesn't have the key so he usually responds to ask ppl to send it plainly | [15:13] |
mircea_popescu | which he figures they might think it's a little strange. | [15:13] |
mircea_popescu | anyway. that sort of thing isn't the usecase here, not really. a classic pc implementation works much better. | [15:13] |
davout | yeah so it isn't really supposed to be "The safe vault for your precious keys"(TM) | [15:17] |
davout | i see | [15:17] |
mircea_popescu | nah, it's supposed to be the unbreakable instagpg item. | [15:17] |
mircea_popescu | the mothership probably needs a different solution. this is what the xwingers use while in flight | [15:17] |
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davout | i'm off, gonna build my mini GPG keychain with a raspberry pi and a betamax casing | [15:25] |
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assbot | [MPEX] [S.MPOE] 3200 @ 0.00085224 = 2.7272 BTC [+] | [15:29] |
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bitesak | Matthew Green seems a good candidate to review the entropy of Cardano? | [15:36] |
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mircea_popescu | bitesak sure, if he wants to | [15:39] |
mircea_popescu | davout lol | [15:40] |
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Rulother_ | well that script didn't work | [15:44] |
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assbot | [HAVELOCK] [AM1] 3 @ 1 = 3 BTC [+] | [15:58] |
assbot | [MPEX] [S.MPOE] 1550 @ 0.00085105 = 1.3191 BTC [-] | [15:59] |
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mircea_popescu | lol | [16:13] |
assbot | [HAVELOCK] [AM100] 140 @ 0.00998569 = 1.398 BTC [+] {5} | [16:18] |
assbot | [HAVELOCK] [AM100] 37 @ 0.00998799 = 0.3696 BTC [+] | [16:19] |
assbot | [HAVELOCK] [AM1] 4 @ 1.05624924 = 4.225 BTC [+] {3} | [16:20] |
assbot | [HAVELOCK] [AM1] 1 @ 1.06499999 BTC [+] | [16:21] |
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assbot | [HAVELOCK] [AM100] 20 @ 0.00900001 = 0.18 BTC [-] {2} | [16:36] |
davout | clear | [16:37] |
davout | whoops | [16:37] |
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davout | http://usgovdownforeveryoneorjustme.com/ | [16:43] |
mircea_popescu | lol | [16:43] |
Rulother | nice | [16:44] |
assbot | [MPEX] [S.MPOE] 3219 @ 0.00085602 = 2.7555 BTC [+] {3} | [16:47] |
jurov | hi davout, how long should the b-c verfication take? | [16:48] |
jurov | i'm waiting almost a week | [16:49] |
davout | our financial partner is really slow | [16:51] |
mircea_popescu | who you working with ? i forget | [16:51] |
davout | they're called lemon way | [16:52] |
davout | i'm not sure they know about the lemon party | [16:52] |
mircea_popescu | youi mean the start-up ?! | [16:53] |
mircea_popescu | the "your phone # is your acct #" folks ? | [16:54] |
davout | lol yeah | [16:54] |
mircea_popescu | yes you do | [16:54] |
mircea_popescu | jeez. well this won't last long. | [16:54] |
davout | why is that ? | [16:55] |
mircea_popescu | cause clueless imo. | [16:55] |
davout | let's say that they understand fast, but you gotta speak slowly | [16:56] |
mircea_popescu | heh. anyone ELSE work there outside of that burlet fellow ? | [16:56] |
davout | yup, witnessed it first hand | [16:57] |
davout | you know him? | [16:57] |
mircea_popescu | not personally | [16:57] |
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davout | well, don't go out of your way | [16:58] |
mircea_popescu | lol. im sorry, but i have to rely on reams of intel. i can't personalyl know everyone. | [16:58] |
mircea_popescu | anyway. mebbe it works out for you, but i'd keep on toes. | [16:58] |
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ThickAsThieves | http://www.forbes.com/sites/ryanmac/2013/10/09/living-with-ross-ulbricht-housemates-say-they-saw-no-clues-of-silk-road-or-the-dread-pirate-roberts/ | [17:02] |
mircea_popescu | "kept to himself and spent full days buried in his laptop." | [17:04] |
mircea_popescu | dude... kids today. long time on a laptop is fucking egonomics suicide. | [17:04] |
mircea_popescu | why. why do they do it. | [17:04] |
jurov | is there anything else to do? | [17:05] |
mircea_popescu | use a desktop! | [17:05] |
jurov | touche | [17:05] |
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ThickAsThieves | egonomics, invented by mpex | [17:06] |
mircea_popescu | i suspect it's quite possible none of the recent kids ever got to use desktops and simply don't know the glory of comfort. | [17:06] |
mircea_popescu | ThickAsThieves lol | [17:06] |
ThickAsThieves | might be a good name for the blog | [17:07] |
mircea_popescu | i meant ergonomics! i swear! | [17:07] |
ThickAsThieves | popescuian slip | [17:08] |
assbot | [MPEX] [S.MPOE] 5543 @ 0.00085746 = 4.7529 BTC [+] | [17:08] |
assbot | [HAVELOCK] [AM100] 41 @ 0.009001 = 0.369 BTC [+] {2} | [17:08] |
mircea_popescu | i suppose i'll have to write the book now. | [17:09] |
assbot | [HAVELOCK] [AM100] 21 @ 0.00900001 = 0.189 BTC [-] | [17:09] |
ThickAsThieves | lol: https://bitcointalk.org/index.php?topic=308861.msg1521109;topicseen#new | [17:09] |
ThickAsThieves | "You are already rich god damn it." | [17:09] |
ThickAsThieves | what the world needs now, BTCT code open-sourced... | [17:10] |
jurov | burnside's not sure if he can reliably wipe all passwords | [17:10] |
ThickAsThieves | ? | [17:11] |
jurov | remember bitcoinica? | [17:11] |
ThickAsThieves | before my time | [17:11] |
pankkake | "i suspect it's quite possible none of the recent kids ever got to use desktops and simply don't know the glory of comfort." yup | [17:11] |
pankkake | they do learn, though. in pain | [17:11] |
jurov | ftfy: in vain | [17:11] |
ThickAsThieves | maybe that;s why they are such jerks | [17:12] |
ThickAsThieves | all this decntralized exchange talk is driving me batty | [17:12] |
ThickAsThieves | i started actually responding and making points, but it doesn't help of course | [17:13] |
ThickAsThieves | "Direct shares is the only way forward, at this point. The fact that you have not put together a direct share system shows the short-sightedness of management." | [17:13] |
jurov | ThickAsThieves: https://bitcointalk.org/index.php?topic=93074 | [17:13] |
pankkake | the other response could be "shut up and code" | [17:13] |
pankkake | instead of circlejerking on how colored coins are the future | [17:13] |
ThickAsThieves | or, Fuck you. | [17:13] |
ThickAsThieves | lastpass, lol | [17:14] |
pankkake | "I'm posting my idea here since it hasn't gotten much attention in the Project Development forum (0 replies)" | [17:15] |
ThickAsThieves | mp, please write a Here's Why Everyone That Wants Decentralized Exchanges is Moron post | [17:15] |
ThickAsThieves | assuming you havent already | [17:16] |
jurov | there was kinda such discussion with asciilifeform's proposal on this topic | [17:17] |
davout | clear | [17:17] |
jurov | davout ? | [17:18] |
ThickAsThieves | prepping the defibrillator? | [17:19] |
jcpham | flatline | [17:19] |
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mircea_popescu | skinnkavaj hasa a very interesting take on the world :D | [17:20] |
skinnkavaj | mircea_popescu: What? | [17:21] |
mircea_popescu | ThickAsThieves the relevant bit there is, after the third time bitcoinica was raped, the "bitcoin consultancy" group of dorks self proclaimed into importance & relevance decided to shut it down. | [17:21] |
mircea_popescu | after which one of them, the fabled amir taaki, stole the code and published it | [17:21] |
LorenzoMoney | yes, a decentralized stock exchange would be wonderful, wouldn't it | [17:21] |
mircea_popescu | in what his foggy brain represented as "open sourcing", | [17:22] |
mircea_popescu | supposedly if you torrent some movie you're also open sourcing it, cause you don't need a license in the first place to cede rights. | [17:22] |
skinnkavaj | mircea_popescu: Did you respond to my comment i just made in neobee thread? | [17:22] |
LorenzoMoney | and why are they morons? oh becauseyou area fascist | [17:22] |
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LorenzoMoney | yes, bet you love Heinlein also | [17:22] |
mircea_popescu | anyway. the code contained a lot of good bits including enough info to reconstruct a pw. | [17:22] |
mircea_popescu | which resulted in some [more] lost btc. | [17:22] |
mircea_popescu | skinnkavaj no it was about the btctc "you're already rich" thing | [17:22] |
skinnkavaj | mircea_popescu: Isn't it true? | [17:23] |
skinnkavaj | Does burnside need the money? | [17:23] |
mircea_popescu | no, it's not true. | [17:23] |
mircea_popescu | burnside is poor now, for one. his btct never made anything for the mention, for the other. | [17:23] |
skinnkavaj | mircea_popescu: Didn't both litecoinglobal and btct have very huge fees? | [17:24] |
mircea_popescu | moreover, poor idiots should not have access to code that SEEMS like it's doing something of that nature. | [17:24] |
mircea_popescu | because they'll just fuck their lives up. | [17:24] |
skinnkavaj | Ofc burnside is rich. | [17:24] |
mircea_popescu | skinnkavaj they had very huge fees. he is not rich. go figure. | [17:24] |
mod6 | ThickAsThieves: http://trilema.com/2013/why-i-nixed-p2p-colored-coins-and-all-that-jazz/ | [17:24] |
jurov | and this is not abut burnside. now there's at least some technical barrier to keep your average noob/scammer to start his own exchange | [17:24] |
mircea_popescu | ^ | [17:24] |
skinnkavaj | jurov: Yeah like a free market hurts | [17:25] |
mircea_popescu | to start his own WEBSITE which he misrepresents as an exchange. | [17:25] |
skinnkavaj | LOL | [17:25] |
skinnkavaj | and you are into bitcoin | [17:25] |
skinnkavaj | because its sold to a company? | [17:25] |
mircea_popescu | a collectiojn of idiots being confused about what they do != a free market. | [17:25] |
skinnkavaj | So your argument is like, with open source everything that comes out is just crap? | [17:25] |
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pankkake | "LorenzoMoney> yes, bet you love Heinlein also" wat | [17:26] |
mircea_popescu | no. | [17:26] |
skinnkavaj | And you are using bitcoin | [17:26] |
skinnkavaj | Lmao | [17:26] |
skinnkavaj | Maybe we should sell bitcoin to a company | [17:26] |
mircea_popescu | my argument is that you are ill equipped to consider things, as displayed by the very dubious generalisation you just tripped yourself with. | [17:26] |
skinnkavaj | Genius | [17:26] |
jurov | skinnkavaj: i have seen myself some offers on freelancer "build me a bitcoin exchange", they were obviously clueless on first read | [17:28] |
jurov | it's just better for everyone if they don't | [17:28] |
ThickAsThieves | mp your colored coins article doesnt address many other problems | [17:29] |
skinnkavaj | So what? With a free markey, people will choose where to go. Which one sets up the best BTCT clone will win in the end. | [17:29] |
mircea_popescu | ThickAsThieves so point them out. | [17:29] |
mircea_popescu | anyway, " |
[17:30] |
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ThickAsThieves | the argument of course shifts depending on what problem it is people are trying to solve with decentralization | [17:30] |
jurov | skinnkavaj: nope. the one who will manage to keep the bitcoins safe will win | [17:30] |
mircea_popescu | of course. | [17:31] |
skinnkavaj | jurov: Exactly what i said but in other words | [17:31] |
ThickAsThieves | your points are mostly technical, involving the blockchain as being impractical | [17:31] |
ThickAsThieves | i'd argue the concept itself is a unicorn | [17:31] |
mircea_popescu | skinnkavaj no, not exacvtly what you said at all. | [17:31] |
mircea_popescu | forum retards move to what SEEMS TO THEM a better alternative. | [17:31] |
mircea_popescu | then they lose their btc. | [17:31] |
mircea_popescu | which is ok because new retards come in. | [17:31] |
ThickAsThieves | powers will always become ordered, dismantled, ordered, etc | [17:31] |
mircea_popescu | if this process is allowed to become "what Bitcoin is" then Bitcoin will never be anything. | [17:31] |
skinnkavaj | No, people use the service because its good. Thats the free market. Do you realize why everyone is abonding mtgox? | [17:31] |
mircea_popescu | and a bunch of rich powerful people are here to fuck you in the mouth until you bleed | [17:32] |
mircea_popescu | rather than let that happen. | [17:32] |
mircea_popescu | i dunno how it can be made clearer. "free market" indeed. | [17:32] |
ThickAsThieves | i see another conversation is happening sorry | [17:32] |
mircea_popescu | ThickAsThieves no, im done with the "free market of retards" concept. anyway, re the colored coins : | [17:32] |
mircea_popescu | the blockchain is fundamentally a solution to the bizantine problem | [17:33] |
mircea_popescu | that problem exists like gravity exists. if you have it you gotta solve it. which is why the article focuses on the blockchain : if you're doing distributed anything, you have the bizantine poblem. | [17:33] |
ThickAsThieves | admittedly, it doesnt seem to be the colored coin style developers making wild claims, but the people flocking to these ideas | [17:34] |
ThickAsThieves | what i mean is | [17:34] |
ThickAsThieves | people see exchanges closing | [17:34] |
ThickAsThieves | and that decentralized things are now a solution | [17:34] |
ThickAsThieves | colored coin type developers are merely trying to make an accountable ledger | [17:35] |
ThickAsThieves | these are not the same things | [17:35] |
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mircea_popescu | explain the difference ? | [17:35] |
ThickAsThieves | well the devs are just trying to make a thing | [17:36] |
mircea_popescu | i mean other than "Well different implementations of the same concept" | [17:36] |
ThickAsThieves | while the cheerleaders are searching for a replacement for exchanges | [17:36] |
pankkake | colored coins do not provide a solution for decentralized *trades* | [17:36] |
mircea_popescu | so you envisage a distributed replacement that's NOT at the same time an accountable ledger ? | [17:36] |
ThickAsThieves | no | [17:36] |
ThickAsThieves | i despise the whole idea | [17:36] |
mircea_popescu | not what i meant | [17:36] |
mircea_popescu | i meant as a pure concept. could such a thing be conceived | [17:37] |
ThickAsThieves | i simply believe any such pursuit is a waste of time | [17:37] |
mircea_popescu | pankkake that's you know, like "cancer will get you" for the gunshot wound patient | [17:37] |
ThickAsThieves | i see the securities market as an ideal system involving 4 major parties | [17:38] |
mircea_popescu | anyway. something like ripple (and tf's abuse thereof) clearly showed what the problems are with trying to get a distributed trust model going. | [17:38] |
ThickAsThieves | the Exhange/Platform, Investment Bank/Issuer, Investor, and the issued Business/Financial Instrument | [17:38] |
assbot | [HAVELOCK] [AM100] 81 @ 0.00997734 = 0.8082 BTC [+] {3} | [17:38] |
ThickAsThieves | having all 4 allows the alignment of interests | [17:39] |
ThickAsThieves | and balance of power/trust | [17:39] |
mircea_popescu | this is at least the proven=to=work italian model the modern system is copying. | [17:39] |
mircea_popescu | and now i shall be off scarfing smoked salmon and fresh apple pie seasoned with free market tears. bbs. | [17:39] |
ThickAsThieves | these powers are made useful/profitable/covenient in their vert centralization | [17:39] |
ThickAsThieves | very* | [17:39] |
ThickAsThieves | to attempt to "decentralize" merely amounts to breaking things into less useful pieces | [17:40] |
assbot | [HAVELOCK] [AM100] 19 @ 0.00997981 = 0.1896 BTC [+] | [17:40] |
ThickAsThieves | thus all my problems with the decentralization of securities movement are conceptual | [17:41] |
pankkake | I hereby decentralize ThickAsThieves | [17:41] |
pankkake | you are now thick, and a thief | [17:41] |
ThickAsThieves | lol | [17:41] |
assbot | [HAVELOCK] [AM100] 50 @ 0.00997981 = 0.499 BTC [+] {2} | [17:41] |
ThickAsThieves | if you pile on mp's technical arguments about the blockchain's limits in providing a decentralized solution it only makes decentralization that much worse of a pursuit | [17:42] |
ThickAsThieves | circling back to, i'd love to see blog article from mp that supported what ive just described | [17:44] |
ThickAsThieves | although i guess no one would care much | [17:44] |
ThickAsThieves | certainly not the forums | [17:44] |
ThickAsThieves | "Such terms is rather ridicules and im sure they wont hold up in court in many country's" | [17:45] |
pankkake | I'm not well versed in trade engines, but I don't see how you could execute them in a decentralized way | [17:45] |
pankkake | even with only trusted nodes | [17:45] |
pankkake | execute trades* | [17:45] |
ThickAsThieves | i'm not inclined to find out :) | [17:46] |
ThickAsThieves | another area people think decentralization addresses is circumventing SEC and other regulation | [17:47] |
ThickAsThieves | this might be possible for nondescript financial instruments | [17:47] |
ThickAsThieves | but not actual shares in companies | [17:47] |
pankkake | unless the company is a scam, then it can work :) | [17:47] |
ThickAsThieves | true | [17:48] |
jurov | i dont undersstand, how it can work? i mean, how it protects said comapny from SEC? | [17:59] |
ThickAsThieves | it doesnt | [17:59] |
ThickAsThieves | thats the point | [17:59] |
mircea_popescu | pankkake it's a hell of a problem. | [18:00] |
jurov | so to what you said "true" then? i'm confused | [18:00] |
ThickAsThieves | scammers would be safe | [18:00] |
ThickAsThieves | since they would never say who they really are | [18:00] |
ThickAsThieves | thus a decntralized service would make their lives easier | [18:00] |
mircea_popescu | ;;google "a company for carrying out an undertaking of great advantage, but nobody to know what it is" | [18:01] |
gribble | South Sea Company - Wikipedia, the free encyclopedia: [18:01] |
|
* | jurov can never get used to that "unless" word | [18:02] |
ThickAsThieves | it's not a normal word? | [18:02] |
jurov | no its not, especially if used like: unless the company is a scam, then it can work | [18:04] |
jurov | i understood it the opposite way | [18:04] |
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jurov | like "if the company is a scam, then it can work" | [18:04] |
ThickAsThieves | thats correct intepretation | [18:05] |
ThickAsThieves | r | [18:05] |
jurov | er... i mean.. fuck it | [18:05] |
ThickAsThieves | hehe | [18:05] |
jurov | maybe it's just perl-induced braindamage | [18:06] |
ThickAsThieves | "I think decentralized is the only way to go as this will happen to any other centralized exchange. Looking into the Namecoin code to create a decentralized exchanged. As was said above it can be merged mined with Bitcoin. We could uses our own miners to get it going." Ken Slaughter | [18:08] |
mircea_popescu | rather than getting some pmbs that don't melt. | [18:12] |
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mircea_popescu | because everyone gains when nobody does his job well because he's too busy trying to do poorly the jobs of others. | [18:12] |
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mircea_popescu | fucking garzik syndrome. | [18:12] |
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mircea_popescu | http://trilema.com/2013/and-now-i-shall-be-off-scarfing-smoked-salmon-and-fresh-apple-pie-seasoned-with-free-market-tears-or-why-a-collection-of-confused-retards-does-not-amount-to-a-free-market/ | [18:32] |
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samson_ | If shares were issued on their own blockchain and could be freely moved between the various available trading sites / 'share wallets' there would be no real difference in trading a share to trading an altcoin. Something like this would provide no decentralised exchange but it provides a way to hold and move shares independently of any trading platform. Just like Bitcoin. | [19:03] |
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jborkl | Who would approve- dissaprove securities - The only person I have seen competent in theis matter already has an exchange | [19:05] |
jborkl | and do not sat the commnity, because a group of retards approving something is still a group of retards making a decision | [19:07] |
samson_ | If anyone can create a security then I don't see the big deal. The approval process would happen automatically if people started trading them for Bitcoin. Take these new alt currencies which appear to be created daily - they're not all traded on exchanges hence they're not 'approved'. They still exist but that is irrelevant. | [19:11] |
samson_ | I guess my take on it is the shares could do with decentralisation, not so much the exchanges. | [19:12] |
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ThickAsThieves | you'd prefer the stock market to more resemble the altcoin markert? | [19:28] |
ThickAsThieves | wasnt it close enough already with labcoins and activeminingcoins | [19:28] |
Jere_Jones | lol | [19:29] |
Jere_Jones | Were those really things? | [19:29] |
ThickAsThieves | they behaved much the same... | [19:29] |
ThickAsThieves | lots of people focusing attention on them like a bitcoingem | [19:29] |
ThickAsThieves | then bagholders left to be determined | [19:30] |
Jere_Jones | I admit that I, at one time or another, owned shares of both. | [19:30] |
ThickAsThieves | hordes of ingoramuses asking what is a labcoin and how do i get them? | [19:30] |
ThickAsThieves | anxious to hold their thread of the bag | [19:30] |
ThickAsThieves | then poof the network disowns it | [19:30] |
ThickAsThieves | threads unravel | [19:31] |
ThickAsThieves | the bag is empty | [19:31] |
ThickAsThieves | at least no one had to waste any GPU power | [19:31] |
samson_ | It would be nice if we could withdraw shares from an exchange just like a coin. | [19:31] |
ThickAsThieves | why | [19:32] |
samson_ | It would end reliance on 'the exchange' so when it closes down they could be traded elsewhere. | [19:32] |
ThickAsThieves | you rely on the issuer | [19:32] |
ThickAsThieves | not the exchange | [19:32] |
ThickAsThieves | the exchange is a platform | [19:32] |
ThickAsThieves | just because you can "withdraw" your share, doesnt mean it will have usefulness in the same ways | [19:33] |
ThickAsThieves | realize that in such a system you'd end up with more friction | [19:33] |
ThickAsThieves | in time, in cost, etc | [19:33] |
ThickAsThieves | me for example, you think i would manage a ledger system for free? | [19:34] |
assbot | [HAVELOCK] [AM100] 64 @ 0.00935 = 0.5984 BTC [-] | [19:34] |
ThickAsThieves | even a decentralized system needs a point of issuance | [19:35] |
samson_ | This is true, I'm not saying it's simple | [19:35] |
ThickAsThieves | but you are saying you want it | [19:36] |
ThickAsThieves | i'm saying you shouldnt | [19:36] |
ThickAsThieves | professional service providers are useful | [19:36] |
ThickAsThieves | anarchy is not | [19:36] |
samson_ | I think it would be an evolution on current uses of blockchains without going down the whole coloured coins route | [19:37] |
ThickAsThieves | there are still plenty other issues to address | [19:38] |
ThickAsThieves | time is better spent pursuing running legitimate services | [19:38] |
ThickAsThieves | imo at least | [19:38] |
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mircea_popescu | basically the very primitive understanding of freedom has serious trouble coming to terms with the ancient procedure of labour division | [19:45] |
mircea_popescu | on the basis of this we could say "the community" is sometime between 12k and 7k BC | [19:46] |
assbot | [MPEX] [S.MPOE] 750 @ 0.00085423 = 0.6407 BTC [-] | [19:49] |
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jborkl | With respect to the capacitors, an investigation has been undertaken with Anotherhost.se, as they have suffered the issue with all their boards. | [20:16] |
jborkl | KNC says all the caps blowing is due to the corsair ps | [20:16] |
mircea_popescu | all ?! | [20:16] |
mircea_popescu | wait a second. ALL ?! | [20:17] |
jborkl | that is what it says | [20:17] |
jborkl | It appears that a reasonable solution has been reached in that all the boards this has occurred to seem to have been used alongside the exact same PSU; The Corsair HX850.+ | [20:17] |
mircea_popescu | dude it's not the power get out. | [20:18] |
jborkl | Basically there is an issue with excessive current being applied, after the PU cuts out and the device is turned back on, causing the cap to pop. | [20:18] |
mircea_popescu | if all the boards burn its not the capacitors, it's not the power, it's the board. | [20:18] |
jborkl | I know, that is a bad diagnosis- it is just wrong | [20:18] |
kakobrekla | hum | [20:19] |
kakobrekla | but caps exploded / went on fire | [20:19] |
jborkl | A better guess- they are drawing too much off the ps- it cuts off to protect itself and the caps pop | [20:19] |
kakobrekla | not just poped | [20:19] |
kakobrekla | one can overload cap for a short while | [20:19] |
kakobrekla | that seems to me like something that happens while under load for some time | [20:20] |
jborkl | it has been reported minutes after plugin | [20:20] |
mircea_popescu | kakobrekla the current theory i'm crediting is that the boards have bad metal masks in a spot, and it slowly melts the insulation | [20:20] |
mircea_popescu | after which it shorts. | [20:20] |
kakobrekla | well minutes in an eternity for electricity | [20:20] |
jborkl | that is a good theory mp | [20:21] |
assbot | [HAVELOCK] [NEOBEE] 164 @ 0.00259998 = 0.4264 BTC [-] | [20:21] |
jborkl | it makes sense- the KNC theory is just flat out wrong | [20:21] |
mircea_popescu | jborkl originally it looked like caps just popped but the history since then does nto bear it out | [20:22] |
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jborkl | The heavy scorch marks some of the boards are showing indicates more than a cap also | [20:22] |
mircea_popescu | and moreover it seems the majority of people i showed the pics to say those aren't electrolytic but ceramic | [20:23] |
mircea_popescu | which don | [20:23] |
mircea_popescu | t pop that way | [20:23] |
assbot | [HAVELOCK] [AM1] 1 @ 1.04987999 BTC [-] | [20:23] |
asciilifeform | alternative: solder bridge (short) under the smt ceramic cap. | [20:24] |
mircea_popescu | asciilifeform nah because burned boards w/o such bridge were seen | [20:24] |
jborkl | EDIT: I should add that KnC are using Corsair V850s themselves, and haven't had an issue with any of them. That said apparently they almost supplied their entire hosting with the HX, but due to the HX being out of stock for the volume required, they bought the V850. Which in hindsight is a wonderful thing. | [20:24] |
jborkl | I just saw that | [20:24] |
asciilifeform | bridge (accidental short, glob of solder where it doesn't belong) would vaporize in this case | [20:25] |
jborkl | so, the entire hosting is being blamed on Corsair | [20:26] |
mircea_popescu | asciilifeform vaporize is perhaps an overtstatement. | [20:26] |
assbot | [HAVELOCK] [NEOBEE] 217 @ 0.0026 = 0.5642 BTC [+] | [20:29] |
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jborkl | capacitors can't be damaged by having current applied "before they've discharged their load" | [20:33] |
jborkl | heh, but I can | [20:33] |
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mircea_popescu | lol the erotic capacitor theory. | [20:34] |
assbot | [HAVELOCK] [AM100] 15 @ 0.00935334 = 0.1403 BTC [-] {2} | [20:41] |
assbot | [HAVELOCK] [AM1] 1 @ 1.022 BTC [-] | [20:43] |
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kakobrekla | http://www.memecreator.org/static/images/memes/1833214.jpg | [20:52] |
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kleeck | Beautiful. | [21:19] |
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mircea_popescu | kakobrekla http://bitbet.us/bet/548/ross-william-ulbricht-will-be-convicted-of-three/#c1587 | [21:24] |
kakobrekla | dunno if serial but mkay | [21:25] |
mircea_popescu | super cereal! | [21:26] |
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kakobrekla | i need to find a way to avoid this happening for b4x, cause i know it is | [21:28] |
kakobrekla | im more skeptical for bb sine theres all these odds in the air that you wont get your money back | [21:28] |
mircea_popescu | why's it a bad thing anyway ? | [21:28] |
kakobrekla | why is it a good thing? | [21:28] |
kakobrekla | more liability for nothing | [21:29] |
mircea_popescu | hm | [21:31] |
assbot | [HAVELOCK] [AM1] 2 @ 0.9601 = 1.9202 BTC [-] | [21:31] |
assbot | [HAVELOCK] [AM1] 1 @ 0.96 BTC [-] | [21:32] |
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assbot | [HAVELOCK] [AM100] 66 @ 0.00899757 = 0.5938 BTC [-] {4} | [21:33] |
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Namworld | Hmm, did something change with MPEx? pyMPEx doesn't work it seems. | [21:41] |
mircea_popescu | Namworld more specifically ? | [21:41] |
kakobrekla | did ya load the new key? | [21:42] |
assbot | [HAVELOCK] [AM1] 1 @ 0.96 BTC [-] | [21:42] |
Namworld | ugh, new key eh... | [21:44] |
Namworld | I use the .exe port of pympex | [21:44] |
Namworld | I have to use an hex editor to change key I believe | [21:44] |
mircea_popescu | ouch. | [21:45] |
mircea_popescu | who compiled it ? | [21:45] |
Namworld | No idea, can't remember who it was who made the port. | [21:46] |
Namworld | But an hex editor usually works fine for changing the url or key to use | [21:46] |
mircea_popescu | http://mostodd.wordpress.com/2011/03/10/pando/ | [21:47] |
ozbot | 50. Pando the Trembling Giant | Most Odd - Facts of Interest | [21:47] |
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mircea_popescu | alright, that may work then | [21:47] |
Namworld | What server is the key on? | [21:48] |
mircea_popescu | Namworld http://trilema.com/2013/mpex-status-report/ read that thing | [21:48] |
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Namworld | That works too, thank you | [21:50] |
jurov | http://tofspot.blogspot.sk/2013/10/9-great-ptolemaic-smackdown-from.html i just lost there myself for cople hours | [21:54] |
ozbot | The TOF Spot: 9. The Great Ptolemaic Smackdown: From Plausible to Proven | [21:54] |
jurov | oh this is the begining: http://tofspot.blogspot.sk/2013/08/the-great-ptolemaic-smackdown.html | [21:54] |
jurov | muchly recommend | [21:54] |
asciilifeform | i second the rec | [21:55] |
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asciilifeform | Mike Flynn is an odd fellow. very much 'anti-Enlightenment (TM)'. | [21:56] |
mircea_popescu | the first article is largely factual | [21:56] |
qxzn | is there a decent writeup somewhere of that Ripple "demonstration" TradeFortress made? | [21:56] |
mircea_popescu | qxzn probably not past a number of scammer threads on the forum. | [21:57] |
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qxzn | aw, that's a shame, it was such a good story | [21:57] |
mircea_popescu | yeah i guess so. maybe one of the bloggers recounts it sometime. | [21:57] |
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Namworld | bah, doesn't work | [21:58] |
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Namworld | To hell with this | [21:58] |
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mircea_popescu | Namworld in honestly hexediting seems a little hardcore | [21:59] |
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Namworld | It worked before when MPEx moved to MPEx.co | [22:01] |
Namworld | Those things are plaintext | [22:01] |
Namworld | In any hex editor | [22:01] |
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mircea_popescu | you did also resubmit your pubkey right ? | [22:02] |
Namworld | Nope. Would explain it. | [22:03] |
assbot | [HAVELOCK] [AM100] 12 @ 0.008961 = 0.1075 BTC [-] | [22:05] |
Namworld | Pubkey has been emailed. | [22:06] |
assbot | [HAVELOCK] [NEOBEE] 75 @ 0.00259998 = 0.195 BTC [-] | [22:08] |
mircea_popescu | http://blog.cryptographyengineering.com/2013/09/rsa-warns-developers-against-its-own.html | [22:11] |
ozbot | A Few Thoughts on Cryptographic Engineering: RSA warns developers not to use RSA products | [22:11] |
mircea_popescu | for a little lol | [22:11] |
mircea_popescu | best part is the "Sam is the boldface" bit lol | [22:12] |
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Namworld | I see you re-added my key. Thank you. | [22:23] |
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mircea_popescu | so your evil plan to hexedit an exe compile actually worked ? | [22:34] |
KRS1 | Effective October 28, 2013 at 4pm CT, Dwolla will be withdrawing its service offerings to virtual currency exchanges and virtual currency related services. | [22:34] |
mircea_popescu | KRS1 didn't they do this like... 3 times already ? | [22:34] |
Namworld | Yes, it worked | [22:35] |
KRS1 | I think so, but they're still working with exchanges like campbx. | [22:35] |
KRS1 | this is probably it | [22:35] |
Namworld | Key to use and url to submit appears as plaintext in the compile. | [22:35] |
* | Namworld is a master of evil. A villain with a plan which worked. Quite rare. | [22:36] |
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KRS1 | Virtual currency is slowly becoming a bad word. | [22:38] |
Namworld | Because virtual = Does not exist in people's mind. | [22:39] |
Namworld | People just need to learn their bank account statements are just as virtual. | [22:39] |
Namworld | If they want something not virtual, they can just hold physical gold and silver or such thing. | [22:40] |
KRS1 | someone needs to show them that lesson | [22:40] |
assbot | [HAVELOCK] [AM1] 5 @ 1.03639999 = 5.182 BTC [+] {4} | [22:42] |
KRS1 | Dwolla says Virtual Currency customers/merchants are 0.1 percent of their customer base..Hmm. | [22:43] |
assbot | [HAVELOCK] [AM100] 50 @ 0.00945598 = 0.4728 BTC [+] {3} | [22:43] |
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assbot | [HAVELOCK] [HIM] 5 @ 0.098002 = 0.49 BTC [-] {2} | [22:52] |
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mircea_popescu | dwolla has a customer base now ?! | [22:54] |
asciilifeform | mircea_popescu: 1st time i heard of dwolla, the consonant cluster made me think it was a nigerian spam bank. | [22:55] |
mircea_popescu | it's a venture circuit scam thing, which is homologuous. | [22:56] |
KRS1 | one of the only tools people have to move cash in/out of the system | [22:56] |
mircea_popescu | for some values of "people". | [22:57] |
mircea_popescu | anyway, i guess few are aware, but as per genius satoshi design the main way to move cash into bitcoin is mining | [22:57] |
mircea_popescu | (via electricity consumption). | [22:57] |
mircea_popescu | this was always the case to date. | [22:58] |
mircea_popescu | the 2nd way is... also mining. through miner production. | [22:58] |
KRS1 | so take fiat out of the equation..are bitcoins actually worth anything then? I dont know of anything you can do with them besides get some goods and services, best case. | [22:58] |
mircea_popescu | yes, they are. | [22:58] |
asciilifeform | mircea_popescu: if only this worked in reverse gear. | [22:58] |
mircea_popescu | asciilifeform the reason it can't work in reverse gear is that fiat is worthless. | [22:59] |
asciilifeform | i was thinking more along the lines of btc to watts, rather than dollars | [23:00] |
KRS1 | I apparently stepped into a chat room on another planet. | [23:00] |
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asciilifeform | KRS1: nah, that's at #urbit | [23:00] |
KRS1 | lol for real | [23:00] |
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mircea_popescu | asciilifeform i expect we will have brtc to watts. | [23:00] |
KRS1 | but what about the Nigerian Sperm bank? | [23:00] |
mircea_popescu | recently i had a wire fail to a supplier, and they were "well, send me bitcoin ?" | [23:00] |
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Namworld | Supplier of what? | [23:04] |
Namworld | Wish everyone did that | [23:05] |
mircea_popescu | electronic parts. | [23:05] |
mircea_popescu | course, electricity is a monopoly in most places for good physical reasons, so i guess the btc to watt thing will be one of the later parts. | [23:06] |
mircea_popescu | but this changes little really. | [23:06] |
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jurov | http://www.reddit.com/r/Bitcoin/comments/1o5enf/just_got_this_insane_email_from_bitstamp/ | [23:23] |
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mircea_popescu | "Bitcoins will be transferred only after conversion into a currency." | [23:25] |
mircea_popescu | herp | [23:25] |
mircea_popescu | We kindly ask you to withdraw your Bitcoins to a wallet outside of Bitstamp.net. If you do not withdraw your Bitcoins in 24 hours as instructed in the previous paragraph, please provide us with a valid bank account held in your name in a reply to this Account Termination Notice so Bitstamp can proceed with your Account termination and send you the currencies credited to your Account within 14 business days after your | [23:25] |
mircea_popescu | Account has been terminated. | [23:25] |
mircea_popescu | pretty illogical. | [23:25] |
kakobrekla | does the css look good? | [23:26] |
mircea_popescu | "You must have mentioned Fiat Banking." | [23:26] |
jurov | OP says below it's not a scam cuz they did close the acct | [23:26] |
mircea_popescu | that made it worth it lol | [23:26] |
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assbot | [HAVELOCK] [B] [XBOND] 397 @ 0.001229 = 0.4879 BTC [-] | [23:42] |
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jurov | ;;bc,stats | [23:55] |
gribble | Current Blocks: 262818 | Current Difficulty: 1.8928124928103292E8 | Next Difficulty At Block: 264095 | Next Difficulty In: 1277 blocks | Next Difficulty In About: 6 days, 10 hours, 47 minutes, and 16 seconds | Next Difficulty Estimate: 228440874.109 | Estimated Percent Change: 20.68859 | [23:55] |
jurov | heh right on track | [23:56] |
jurov | maybe it will produce 1278th block on oct 17, 00:00:01 and CB.IDIFF-E holders will eat me alive :D | [23:58] |
Category: Logs