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Boxturret
Oct 3, 2013

Don't ask me about Sonic the Hedgehog diaper fetish

Verdafolio posted:

all of these smart contract shits are based on the pretensions of someone that's never actually been out of their home and dealt with forged documents. because nowhere is there a consideration for the manufacturer or verifying agent being corrupt themselves.

um have you heard of this little thing called the freemarket of scammer tags?

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sinekumquat
Jun 12, 2005

the most dangerous philosopher in the west
College Slice

Boxturret posted:

um have you heard of this little thing called the freemarket of scammer tags?

i'm going to run the first accreditation mill on the blockchain, register all your online universities with me guys.

Malloc Voidstar
May 7, 2007

Fuck the cowboys. Unf. Fuck em hard.
https://cs.umd.edu/projects/coinscope/
Our results find that in contrast to Bitcoin’s idealized vision of spreading mining responsibility to each node, mining pools are prevalent and hidden: roughly 2% of the (influential) nodes represent three-quarters of the mining power.

Penguissimo
Apr 7, 2007

theflyingorc posted:

launch octopus is weak to boomer kuwanger

the real pro move is to use enough boomerangs to remove his arms, then finish the job with rolling shield

theflyingorc
Jun 28, 2008

ANY GOOD OPINIONS THIS POSTER CLAIMS TO HAVE ARE JUST PROOF THAT BULLYING WORKS
Young Orc

Penguissimo posted:

the real pro move is to use enough boomerangs to remove his arms, then finish the job with rolling shield

it's not as cool as removing flame mammoth's nose, but yeah it's cool

theflyingorc
Jun 28, 2008

ANY GOOD OPINIONS THIS POSTER CLAIMS TO HAVE ARE JUST PROOF THAT BULLYING WORKS
Young Orc

Aleksei Vasiliev posted:

https://cs.umd.edu/projects/coinscope/
Our results find that in contrast to Bitcoin’s idealized vision of spreading mining responsibility to each node, mining pools are prevalent and hidden: roughly 2% of the (influential) nodes represent three-quarters of the mining power.

honestly, the single biggest oversight of the whitepaper (other than not understanding society even a little bit) is that Satoshi didn't foresee either GPU mining or ASICs, and in all honesty both of these keep bitcoin from accomplishing its stated goals as an algorithm. in fact, that and the lack of scalability are the only issues i have with bitcoin from a purely technical perspective

as a currency it has a billion other failings

VAGENDA OF MANOCIDE
Aug 1, 2004

whoa, what just happened here?







College Slice

Verdafolio posted:

oh boy guess who i get to interview on thursday.

the guy that made that docu is also bill from bill and ted. he is decidedly less excellent than keanu.

grind weedbertarians into a fine powder

trucutru
Jul 9, 2003

by Fluffdaddy

theflyingorc posted:

honestly, the single biggest oversight of the whitepaper (other than not understanding society even a little bit) is that Satoshi didn't foresee either GPU mining or ASICs, and in all honesty both of these keep bitcoin from accomplishing its stated goals as an algorithm. in fact, that and the lack of scalability are the only issues i have with bitcoin from a purely technical perspective

as a currency it has a billion other failings

well, if not for the lack of scalability on our distributed global system it would be perfect!

Boxturret
Oct 3, 2013

Don't ask me about Sonic the Hedgehog diaper fetish

theflyingorc posted:

as a currency it has a billion other failings

yeah but what about as a religion?

bucketmouse
Aug 16, 2004

we con-trol the ho-ri-zon-tal
we con-trol the verrr-ti-cal

theflyingorc posted:

launch octopus is weak to boomer kuwanger

jony ive aces
Jun 14, 2012

designer of the lomarf car


Buglord
digital weasel dust

Ghostlight
Sep 25, 2009

maybe for one second you can pause; try to step into another person's perspective, and understand that a watermelon is cursing me



Verdafolio posted:

oh boy guess who i get to interview on thursday.

the guy that made that docu is also bill from bill and ted. he is decidedly less excellent than keanu.
tell alex winter i was sad to hear of his passing shortly after finishing freaked.

trucutru
Jul 9, 2003

by Fluffdaddy
I fear for the future and it's IOT bitcoin mining phones

quote:

The underlying idea is interesting. At its core mining bitcoin represents an opportunity to earn money for proof of work, and work is done by electricity going into hardware. If everyone has hardware, then that means you can run a payment system on electricity. And that's hugely powerful and exciting. Want to your fridge to stock some Chicken? Well it's plugged into the socket, just turn electricity into money, and let your IoT fridge order chicken, an Amazon drone will deliver it, all paid for with bitcoin, automatically, without humans involved.

It's a slightly crude example but it hints at interesting opportunities. Have a lightweight computer at home and want to render a 3d model? Simply turn electricity into digital money, and pay a cloud computer to do it.

Electricity as a payment channel. Anyone you have power, you have access to internet and financial networks.

...

Ignoring the mining bit for a moment, you're left with bitcoin wallets on IoT hardware that happen to not mine, but that can receive and spend money.

And that's hugely exciting. Send your router or PC $10 and it'll automatically add small pieces of bitcoin to http requests and you could create a different payment model besides ads and subs. Send your driverless car $100, and it'll drive to the nearest charging station at night and charge itself, then while driving on the highway while late for a meeting, pay $1 to any driverless cars configured for 'not-in-a-hurry- in front of it to move out the way, creating a real-time market based VIP lane for you that more efficiently dedicates scarce lane space to priority users. (it has flaws, but it's an enticing example).

I'm hoping they're looking to spearhead this and that the mining bit isn't as big as it's made out to be.

Examples like that can't be done through traditional banking systems like ACH or SWIFT. You want digital payments, even creditcards are slow to clear. Paypal could work, but it's proprietary, similarly we don't like to run the internet on proprietary protocols and platforms, either. Bitcoin is an open protocol and can be built on top of with fast or slow transactions, cheap or expensive etc. It's a unique platform to make global, plug & play, open-2-all IoT platforms possible.

Boxturret
Oct 3, 2013

Don't ask me about Sonic the Hedgehog diaper fetish

trucutru posted:

I fear for the future and it's IOT bitcoin mining phones

i hate it when im right

Boxturret posted:

mine bitcoins then use the bitcoins to pay the power bill duh

Malloc Voidstar
May 7, 2007

Fuck the cowboys. Unf. Fuck em hard.
Electricity as a payment channel. Anyone you have power, you have access to internet and financial networks.

what

Tokamak
Dec 22, 2004

trucutru posted:

I fear for the future and it's IOT bitcoin mining phones

lmao

i'm going to set my car's 'not in a hurry' threshold to something high and then drive really, really slowly in rich people suburbs.

trucutru
Jul 9, 2003

by Fluffdaddy

Tokamak posted:

lmao

i'm going to set my car's 'not in a hurry' threshold to something high and then drive really, really slowly in rich people suburbs.

My car would then look for driverless cars in "ram-slowpokes" mode and pay them $1 to open a path for me.

Boxturret posted:

i hate it when im right

wasted electricity has inherent value!

Boxturret
Oct 3, 2013

Don't ask me about Sonic the Hedgehog diaper fetish
literally using electricity to mine bitcoins to pay your electric self driving car to recharge itself

trucutru
Jul 9, 2003

by Fluffdaddy

Boxturret posted:

literally using electricity to mine bitcoins to pay your electric self driving car to recharge itself

It works on so many levels!


theflyingorc
Jun 28, 2008

ANY GOOD OPINIONS THIS POSTER CLAIMS TO HAVE ARE JUST PROOF THAT BULLYING WORKS
Young Orc
the frequency with which bitcoiners propose "pay money to other cars" is amazing

and goddammit Amazon your stupid drones that are never going to happen have done more to make idiots out of futurists than almost anything else

Herman Merman
Jul 6, 2008

ruby idiot railed posted:

grind weedbertarians into a fine powder

weasel dust

surebet
Jan 10, 2013

avatar
specialist


Elysiume posted:

a way less inane option would be a tamper-evident seal imprinted with the code, but I still wouldn't order my prescription from qualty-drugz.ru

p sure i've talked about this before, but with a bit of coaxing you can get a full chain of custody from a manufacturer that runs from them through the couple distributors to the entry point in the retailer's supply, if not the actual retail location for the higher scheduled stuff

lol trying to do that with any kind of hodge podge blockchain fuckery

the feedback on the dark web sites are "good enough" imho, anyhow you're already trying to put something weird in your body

unpacked robinhood
Feb 18, 2013

by Fluffdaddy

Boxturret posted:

literally using electricity to mine bitcoins to pay your electric self driving car to recharge itself

add a bunch of windmills on the car and it can mine while driving to the recharging station that's like triple the profit

QuarkJets
Sep 8, 2008

i have a theory that all of the IoT people are just a couple of really weird technomasochists who get off on having to pay their appliances to do stuff

these guys see themselves as being so pathetic that even their loving possessions refuse to work unless they're being continually bribed

trucutru
Jul 9, 2003

by Fluffdaddy

QuarkJets posted:

these guys see themselves as being so pathetic that even their loving possessions refuse to work unless they're being continually bribed

This is going to be problematic when they connect their realdoll to the IOT.

Who am I kidding? bitcoiners cannot afford one of those, more like a fleshlight.

jony ive aces
Jun 14, 2012

designer of the lomarf car


Buglord
weedbertarians p. much are weasels, it all makes sense now :aaaaa:

surebet
Jan 10, 2013

avatar
specialist


QuarkJets posted:

i have a theory that all of the IoT people are just a couple of really weird technomasochists who get off on having to pay their appliances to do stuff

these guys see themselves as being so pathetic that even their loving possessions refuse to work unless they're being continually bribed



never forget that these are people desperately grabbing at any plausible use case

are there some possible uses for remote inventory monitoring? yes
does that mean every single object should be able to independently restock by drones? no, and it should be legal to murder the people that think this

poik007
Aug 16, 2006
Thinks Mother 3 is the best game ever
you're posting should be individually replenished by drones

poik007
Aug 16, 2006
Thinks Mother 3 is the best game ever
you give 100$ to your forum account and it pays individual posters to STOP POSTING

surebet
Jan 10, 2013

avatar
specialist


poik007 posted:

you give 100$ to your forum account and it pays individual posters to STOP POSTING

something something highway blockade pay me 5¢ to pass

jony ive aces
Jun 14, 2012

designer of the lomarf car


Buglord
i set my stop posting threshold at $20 (people will pay; i'm that bad), reinvest half of it on a new account and start again

jony ive aces
Jun 14, 2012

designer of the lomarf car


Buglord
rip z0r

surebet
Jan 10, 2013

avatar
specialist


even this guy doesn't accept bitcoins

haveblue
Aug 15, 2005



Toilet Rascal

trucutru posted:

This is going to be problematic when they connect their realdoll to the IOT.

Who am I kidding? bitcoiners cannot afford one of those, more like a fleshlight.

but electricity is money. and mechanical work is easily converted to electricity. do the math

Subjunctive
Sep 12, 2006

✨sparkle and shine✨

poik007 posted:

you give 100$ to your forum account and it pays individual posters to STOP POSTING

I would set up direct deposit.

Happy Noodle Boy
Jul 3, 2002


Subjunctive posted:

I would set up direct deposit.

same

Boxturret
Oct 3, 2013

Don't ask me about Sonic the Hedgehog diaper fetish

haveblue posted:

but electricity is money. and mechanical work is easily converted to electricity. do the math

:aaaaa:

Herman Merman
Jul 6, 2008
NYSE to announce new index to value bitcoin (mashable.com)


[–]spottedmarley 7 points 3 hours ago
moon?

[–]ToTheMoonGuy 50 points 3 hours ago
To the moon!!! ┗(°0°)┛ ..○

[–]FreeMarketAnarchist 5 points 3 hours ago
Yeah if by moon you mean a 5% drop

[–]ToTheMoonGuy 17 points 3 hours ago
(°.°)

[–]FreeMarketAnarchist -3 points 2 hours ago
Moon guy without your side kick Willy Bot idk if we will ever reach the moon like we once did.

Herman Merman fucked around with this message at 17:25 on May 19, 2015

Herman Merman
Jul 6, 2008
Pic: Core-devs having dinner with Nick Szabo (i.imgur.com)


[–]b44rt 89 points 3 hours ago
Average IQ in that picture: Moon

[–]Aviathor 8 points 2 hours ago
Solvay Conference 1927

[–]metamirror 6 points 3 hours ago*
The Last Supper.

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Nagato
Apr 26, 2011

Why yes my username is the same as an autistic alien who looks like a 9 year old from an anime, why do ask?
:nyoron:

Herman Merman posted:

NYSE to announce new index to value bitcoin (mashable.com)


[–]spottedmarley 7 points 3 hours ago
moon?

[–]ToTheMoonGuy 50 points 3 hours ago
To the moon!!! ┗(°0°)┛ ..○

[–]FreeMarketAnarchist 5 points 3 hours ago
Yeah if by moon you mean a 5% drop

[–]ToTheMoonGuy 17 points 3 hours ago
(°.°)

[–]FreeMarketAnarchist -3 points 2 hours ago
Moon guy without your side kick Willy Bot idk if we will ever reach the moon like we once did.

i wasnt sure if you made this up and actually had to check

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