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Wheany
Mar 17, 2006

Spinyahahahahahahahahahahahaha!

Doctor Rope
cool, our company's internal course portal has "the basics of blockchain" as a featured course. course content:
Bitcoin Basics
  Course Introduction
  How Bitcoin Pricing is Set
  The Bitcoin Community
  Getting Started with Bitcoin
  Bitcoin Units
Pros and Cons of Bitcoin
  Capital Markets and Blockchain Technology
  Problems with Blockchain Technology
  Future Opportunities
Ledgers
  Blockchain Ledger
  Single, Double, and Triple Entry Accounting
  Local and Distributed Ledgers
  Centralized and Decentralized Ledgers
Cryptocurrency and Cryptography
  Introduction to Cryptocurrency
  Introduction to Cryptography
  A Brief History of Cryptography
  How Encryption Works
The Application of Cryptography
  Hash Functions
  Symmetric and Asymmetric Cryptography
  Digital Signatures
  Digital Certificates

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Wheany
Mar 17, 2006

Spinyahahahahahahahahahahahaha!

Doctor Rope
i mean i guess some of the headers mention blockchain instead of bitcoin

Wheany
Mar 17, 2006

Spinyahahahahahahahahahahahaha!

Doctor Rope
that outline looks like

Java Basics
  Course Introduction
  How is the Number of Diamond Ore Blocks in a Chunk Determined in Minecraft

like, if the course was sincerely about """the blockchain technology""", there would be no need to devote a section to a detail about a specific application

Shame Boy
Mar 2, 2010

at least they acknowledge that bitcoin prices are set and not arrived at through any sort of actual fair process

Shame Boy
Mar 2, 2010

also wasn't "triple-entry accounting" that made-up form of accounting they invented by cargo-culting double-entry accounting and thinking "more entries = better than"

Wheany
Mar 17, 2006

Spinyahahahahahahahahahahahaha!

Doctor Rope
i think so yeah

BMan
Oct 31, 2015

KNIIIIIIFE
EEEEEYYYYE
ATTAAAACK


There's a copy of every transaction on every node. 9000-entry accounting :smuggo:

Splicer
Oct 16, 2006

from hell's heart I cast at thee
🧙🐀🧹🌙🪄🐸

an enjoyable read

divabot
Jun 17, 2015

A polite little mouse!

Boxturret
Oct 3, 2013

Don't ask me about Sonic the Hedgehog diaper fetish

another successful bitcoin transaction



ate all the Oreos posted:

also wasn't "triple-entry accounting" that made-up form of accounting they invented by cargo-culting double-entry accounting and thinking "more entries = better than"

yes

Boxturret
Oct 3, 2013

Don't ask me about Sonic the Hedgehog diaper fetish
https://twitter.com/whalepool/status/999581866943393792

you think we manipulate the bitcoin price?!? no! you manipulate the bitcoin price! arrest yourself now:smuggo:

Blotto_Otter
Aug 16, 2013


ate all the Oreos posted:

also wasn't "triple-entry accounting" that made-up form of accounting they invented by cargo-culting double-entry accounting and thinking "more entries = better than"

Yup, and "cargo-culting" is a good way to put it. Anytime someone says "triple-entry accounting" in earnest it's a tell that they don't actually have any idea what double-entry bookkeeping is.

Plank Walker
Aug 11, 2005
it's simple, you have assets, liabilities, and bitcoins, which are a 3rd class that is both an asset and a liability

Jonny Nox
Apr 26, 2008




Blotto_Otter posted:

Yup, and "cargo-culting" is a good way to put it. Anytime someone says "triple-entry accounting" in earnest it's a tell that they don't actually have any idea what double-entry bookkeeping is.

Well you need triple entry accounting for bitcoin. You need a column for debits/credits, one for verifying your bank balance, and one for awaiting confirmation.

Then when you get your bank statement you add up the columns and find out which transactions are still verifying so you can get the other party to resubmit at a higher fee, while hopefully adjusting the amount to accommodate the change in coin price. The you can cancel the previous transaction.. Oh wait no you can't. And refunding the coins should they ever get through would cost you more fees.

It can't be this stupid, I must be explaining it wrong.

Hammerite
Mar 9, 2007

And you don't remember what I said here, either, but it was pompous and stupid.
Jade Ear Joe

Jonny Nox posted:

It can't be this stupid, I must be explaining it wrong.

:wrong:

gschmidl
Sep 3, 2011

watch with knife hands

Boxturret posted:

https://twitter.com/whalepool/status/999581866943393792

you think we manipulate the bitcoin price?!? no! you manipulate the bitcoin price! arrest yourself now:smuggo:

DOJ so loving pwnd they're shutting down.

gschmidl
Sep 3, 2011

watch with knife hands

https://twitter.com/FlippinBitz/status/999602744800444416

My new favorite tweet.

Boxturret
Oct 3, 2013

Don't ask me about Sonic the Hedgehog diaper fetish
whale pool is the group that live streamed themselves giving orders over an earpiece to a guy they sent to that weird shialebouf thing and had him yell bitcoin will unite us at the camera until he was dragged away by security then they watched the price charts excitedly waiting for the moon

completely innocent of market manipulation why is the government going after them!?

Herman Merman
Jul 6, 2008

quote:

Mr. Ken Huang, President of THEKEY, was officially appointed as the Chief Technical Specialist of World Blockchain Organization (WBO) recently, a few days after he was appointed as a Distinguished Research Fellow and Lecturer of both the Big Data Blockchain and Regulation Technology Laboratory aand the RegChain Laboratory of Renmin University of China.

The World Blockchain Organization (WBO) is a Non-Governmental Organization (NGO) registered with United Nations Department of Economic and Social Affairs (UN DESA), an international advocacy organization dedicated to the promotion of responsible, sustainable and universally accessible blockchain technology.


quote:

Executive Board

The Executive Board is WBO’s governing board, responsible for ensuring that the Organization can roll out their work planning and approve their annual budget. This board is composed of Executive Director (Frank), Director of Finance (Frankie), Director of Policy (Roy), Director of Program (Frankie) and Director of Communication (Maggie); also, is planning to meet twice every year. As the host country of WBO´s Headquarters, Each of Antigua and Barbuda will assign a permanent director to the Executive Board

http://www.unwbo.org

Herman Merman fucked around with this message at 17:50 on May 24, 2018

gschmidl
Sep 3, 2011

watch with knife hands

I'm the aand and Frank(ie)'s 3 roles.

Boxturret
Oct 3, 2013

Don't ask me about Sonic the Hedgehog diaper fetish
meet our employees: here's frank and franky and frankie and francis and frances and francine and franny and frankenstein and roy

Shame Boy
Mar 2, 2010

im the totally legitimate real and honest NGO that chose to put its headquarters in Antigua and Barbuda for completely honest reasons

Truga
May 4, 2014
Lipstick Apathy
https://www.youtube.com/watch?v=jGfvkjzLrNw
i'm dying from cringe

Boxturret
Oct 3, 2013

Don't ask me about Sonic the Hedgehog diaper fetish
it sounds silly but

BMan
Oct 31, 2015

KNIIIIIIFE
EEEEEYYYYE
ATTAAAACK


Boxturret posted:

it sounds silly butt

Sham bam bamina!
Nov 6, 2012

ƨtupid cat

Truga
May 4, 2014
Lipstick Apathy
"digital things were the one thing that wasn't subject to scarcity, and that's bad" says buttchain developer living in a post-scarcity society, while making a literal digital beanie babby

Truga
May 4, 2014
Lipstick Apathy
https://twitter.com/eurtprinter/status/999708548316696578
lol

Boxturret
Oct 3, 2013

Don't ask me about Sonic the Hedgehog diaper fetish

quote:

Friedman LLP, a New York-based auditing firm, was also subpoenaed by the CFTC after Tether hired it last year to assess claims that Tether held enough U.S. dollars, according to a person familiar with the matter.

:ohdear:

Sham bam bamina!
Nov 6, 2012

ƨtupid cat

Truga posted:

"digital things were the one thing that wasn't subject to scarcity, and that's bad" says buttchain developer living in a post-scarcity society, while making a literal digital beanie babby
it doesn't even matter because digital items can be "scarce" as long as the databsases involved say so, whether they're Powered by Blockchain Technology or not. wow didn't need a single blockchain for gold farming to become a cottage industry.

Shame Boy
Mar 2, 2010


quote:

Also affected is Tether, a digital currency traded on cryptoexchanges worldwide that shares a management team with the exchange, including Chief Executive Officer Jan Ludovicus van der Velde. While little public information exists about how Tethers are created, it generally trades for around $1 because each coin is supposed to be backed by $1 of fiat money in a bank. The currency, which started trading in 2015, is described as a stable alternative to Bitcoin’s volatility and can act as a safe haven for crypto investors.

way to glaze uncritically over that, bloomberg

e: they go into tether more later but that intro paragraph seems very forgiving

BMan
Oct 31, 2015

KNIIIIIIFE
EEEEEYYYYE
ATTAAAACK


Sham bam bamina! posted:

wow didn't need a single blockchain for gold farming to become a cottage industry.

This gave me a horrible idea for a cryptocurrency powered by chinese gold farmers solving captchas, and sure enough, somebody wrote a whitepaper on it already:

https://eprint.iacr.org/2016/145.pdf

fishmech
Jul 16, 2006

by VideoGames
Salad Prong

ate all the Oreos posted:

also wasn't "triple-entry accounting" that made-up form of accounting they invented by cargo-culting double-entry accounting and thinking "more entries = better than"

no, its something they copied off an obscure late 80s/early 90s business proposal. whose proposal was that next to every standard credit and debit entry, you should enter an additional column containing other data of different types for different businesses.

bitcoin dweebs dug this up and decided that this third entry should always be the hash value, despite this accomplishing little of value

...!
Oct 5, 2003

I SHOULD KEEP MY DUMB MOUTH SHUT INSTEAD OF SPEWING HORSESHIT ABOUT THE ORBITAL MECHANICS OF THE JAMES WEBB SPACE TELESCOPE.

CAN SOMEONE PLEASE TELL ME WHAT A LAGRANGE POINT IS?

Boxturret posted:

whale pool is the group that live streamed themselves giving orders over an earpiece to a guy they sent to that weird shialebouf thing and had him yell bitcoin will unite us at the camera until he was dragged away by security then they watched the price charts excitedly waiting for the moon

completely innocent of market manipulation why is the government going after them!?

haha, i remember that. too much bitcoin craziness from way back in the day to keep track of

...!
Oct 5, 2003

I SHOULD KEEP MY DUMB MOUTH SHUT INSTEAD OF SPEWING HORSESHIT ABOUT THE ORBITAL MECHANICS OF THE JAMES WEBB SPACE TELESCOPE.

CAN SOMEONE PLEASE TELL ME WHAT A LAGRANGE POINT IS?

they likely don't understand that puerto rico is a us territory, not an independent country. granted, i don't know much about it but it seems like moving their banking directly into the us is a bad idea

Truga
May 4, 2014
Lipstick Apathy
20 thousand people in PR are still without power from last year's shitshow, and hurricane season is spinning up right now.

"welp, we lost all your coins in the flood&wind, sorry! welp bye"

:matters:

HoboMan
Nov 4, 2010

Boxturret
Oct 3, 2013

Don't ask me about Sonic the Hedgehog diaper fetish
i hope apple sues them

Boxturret
Oct 3, 2013

Don't ask me about Sonic the Hedgehog diaper fetish


this is good for bcash

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OldAlias
Nov 2, 2013

make money easy mining my boistar

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