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Code Jockey
Jan 24, 2006

69420 basic bytes free

ugh come on Guy :smith:

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Code Jockey
Jan 24, 2006

69420 basic bytes free



ruh roh lmao

Code Jockey
Jan 24, 2006

69420 basic bytes free
welp glad I upgraded my NAS drives months ago I guess

Code Jockey
Jan 24, 2006

69420 basic bytes free

I hate 2021

Code Jockey
Jan 24, 2006

69420 basic bytes free

hbag posted:

god no i need something to stimulate my lizard brain with "number go up" or ill be hanging on by a loving thread mentally



RPGs, MMOs, etc


e. in the Disgaea series you can get real big numbers to happen

Code Jockey
Jan 24, 2006

69420 basic bytes free

Andy Dufresne posted:

I want to respond to a random comment from a page ago just because I've been thinking about it. The claim was that tether is operating as a fractional reserve bank, which is bad enough on itself because tether is issuing loans to entities which aren't credit worthy, but it's worse than that. Tether isn't loaning deposits, they are loaning tethers that have been printed for the purpose of issuing the loan.

They are literally acting as a central bank

is this good for bitcoin

Code Jockey
Jan 24, 2006

69420 basic bytes free

Stealthgerbil posted:

Get ready for a run on hard drives and high end SSDs thanks to Chia coin. Chia was made by the dude who invented bit torrent and it uses a different consensus and farming method which they say is more green but we all know that's not true. If you give a person a 40amp breaker they will max it no matter what. Its like instead of brute forcing hashes every single time to crack the next block, you plot out your hashes using high end NVMe SSDs onto hard drives that sit mostly idle and then each block everyone presents their already made hashes and whoever matches gets the reward. A sata hard drive uses like 5-8w of power instead of like 300w for a video card. Its a cool concept but you know what is even cooler? Sending an ACH transfer.

so again something that does pointless "work" and wastes resources / drives the price of hardware up for no reason, gotcha

like seriously would it be so hard to build one of these proof of work or whatever systems to actually crunch meaningful numbers or would that offend the idiot libertarian children that pay for their child porn and research chems with it

Code Jockey
Jan 24, 2006

69420 basic bytes free

repiv posted:

hell there's already specialized chia mining hardware in production, like this motherboard with a 32-way SATA backplane built in



the chia network is up to 1.7 million TB already, i wonder how much of that is from purpose-built mining operations

lol I want this motherboard for my NAS / torrent box

presuming it isn't complete trash anyway

Code Jockey
Jan 24, 2006

69420 basic bytes free

smellmycheese posted:

Musk’s appearance on SNL

ugh

Code Jockey
Jan 24, 2006

69420 basic bytes free
wait

why do you need an SSD for the hash generation thing, could you not do that in RAM, or at least with a RAM-disk? I mean 512 gigs of RAM is a lot if it just has to have that much, but you can get secondhand servers on craigslist that could accommodate that and the cost of RAM would probably be worth the increase in speed over SSD storage and not wrecking said drives so quickly

like I bought an HP server for VM use that can take 512 gigs easily, it has like 128 gigs now and buying the rest would have to be cheaper and more resilient than going through a pile of high end SSDs

Code Jockey
Jan 24, 2006

69420 basic bytes free

drk posted:

So, the day after Elon poo-poos Bitcoin, Tether announces they are only 3.9% backed by cash and the DOJ and IRS announce they are investigating Binance.



loving lmao

Code Jockey
Jan 24, 2006

69420 basic bytes free

lol good for them

now wait for the chorus of "government pls come save us ;_;"

Code Jockey
Jan 24, 2006

69420 basic bytes free
I still have no idea what makes blockchain better than a distributed set of SQL servers lol

Code Jockey
Jan 24, 2006

69420 basic bytes free

xtal posted:

I can see why something would seem worthless when you put your fingers in your ears and ignore all the benefits of it

Please explain the advantages that blockchain provides over a distributed series of SQL servers. Be specific. Putting on my project / program management hat, I cannot for the life of me imagine a scenario where a blockchain solution - and the immense amount of change management, between retraining the IT staff to administer it, the security and controls team to understand it, and retraining support and end users to work with it, would be worth it over a properly secured and distributed network of SQL servers to store, access and audit the data. Something my organization already uses at a huge scale, and we have an entire building of people who know that technology stack extremely well.

Now I grant you that "properly secured" - with auditing, tight access controls and policies in place - is a lot to ask, but a blockchain solution would also be vulnerable to these same problems, would it not? Thinking of the 51% attack problem specifically. Surely blockchain would still be vulnerable to people with too much access, operating in environments without proper controls and auditing, perhaps not in the specific ways as a SQL environment would be, though.

To say nothing for the fact that I can throw a rock and hit a dozen people who are senior level DBAs or software / security / admin guys who know SQL like the backs of their hands, whereas blockchain dorks are going to probably cost me a lot more due to the niche nature of it, and I assume they'll be harder to find (at least good, experienced ones, given how new this is). And I'm going to admit a little personal bias here, but I would not trust a single blockchain "consulting firm" to not be a giant ripoff, considering... well, how normal consulting firms have been that I've worked with, but then adding on the general feeling I get from every business involved in blockchain/crypto.

What problem does blockchain solve that SQL or other industry standard solutions can't, that makes it worth the investment?


e. I'm not trying to say with this that "old technology good! we should never change!" because that's dumb, I just can't understand what blockchain does so much better that would justify the costs. Perhaps I'm the wrong market anyway, coming from a well established international corporation and not a small tech startup that would have the flexibility to pick whatever it wants to use, without having existing systems to migrate, I dunno. Still not sure why you wouldn't just go with a more industry standard technology there too, though.

Code Jockey fucked around with this message at 22:34 on May 23, 2021

Code Jockey
Jan 24, 2006

69420 basic bytes free

ChronoBasher posted:

I feel like audit and accounting could benift somehow from blockchain, but I can't really figure out how?

Like a significant amount of effort is taken up every year from auditors digging into general ledgers of companies to "get comfortable" with the numbers and the systems producing the financial reports.

It seems like a unmodifiable ledger based on cryptography would apply here somehow? But I don't think there has been any adoption of it, so probably not.

Our finance system can enable change tracking and auditing for every single record / ledger / data point that it tracks, and show you who touched what, when, and what they did.

Have we done this, though? No, but the option is there. :v:

Again I have to ask if companies couldn't just rewrite history if they had enough access to that blockchain, AKA if someone gave the CFO top level admin on the blockchain machines or he paid off some IT nerds to do it or something. Again isn't that the whole idea of the 51% attack, that if you have enough control (which would be considerably easier in a private, smaller scale blockchain, I assume) you can do whatever you want anyway?

Code Jockey
Jan 24, 2006

69420 basic bytes free
how long until we hear a leak out of Tesla that Elon asked his team about running doge miners in the cars, like including it in a mandatory firmware update or something

Code Jockey
Jan 24, 2006

69420 basic bytes free

kw0134 posted:

"If you are one of the tens of millions of individuals worldwide using it as a tool to escape monetary repression, inflation, or capital controls,


uh

repression and capital controls such as "don't spend money on child pornography and assasination"?

Code Jockey
Jan 24, 2006

69420 basic bytes free

Party Boat posted:

If (when?) tether goes down that'll trigger a pretty huge crash across all crypto, right?

hell yeah brother buy that dip!

Code Jockey
Jan 24, 2006

69420 basic bytes free
just remembered the term dunning-kruggerands and had a sensible chuckle

Code Jockey
Jan 24, 2006

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i sprained my finger scrolling over all that, buy me some black market pain meds with your bit coins

Code Jockey
Jan 24, 2006

69420 basic bytes free

lmao

Code Jockey
Jan 24, 2006

69420 basic bytes free

SRQ posted:

no it's even stupider than that.
it's paying to say you own the link but there is no mechanism to enforce that and the link you "own" is literally just a hyperlink or a single file representing the thing.

it'd be like me selling my switch to my brother but actually all I'm selling him is that I say "I sold you it," and literally nothing beyond that.

and the website maintaining that link could go poof at any moment

Code Jockey
Jan 24, 2006

69420 basic bytes free

Paladinus posted:

I own three prestige taint pixels of goatse.

heh, but did you buy them from legitauthenticofficialrealgoatseNFTshop.biz? that's where my pixels are from, and -

well the server is down right now but if it was up I'd show you

Code Jockey
Jan 24, 2006

69420 basic bytes free

webcams for christ posted:

low effort Austin Powers Cosplay. none of that Joie de vivre either

exactly my thought lol

also I kind of think the ferrari engine watch is cool, not 7 figures cool of course. I'm kind of surprised there isn't some version of that by some watchmaker for Corvette Guys, it seems like a thing they'd be really into

Code Jockey
Jan 24, 2006

69420 basic bytes free

Strong Sauce posted:

if a dollar is a scrap of paper saying "we owe you some money lol". yes tether is fully backed by a dollar

Code Jockey
Jan 24, 2006

69420 basic bytes free

DerekSmartymans posted:

Occam’s Buttcoin Knife

Code Jockey
Jan 24, 2006

69420 basic bytes free

The Lone Badger posted:

You could always swap it for drugs then sell those.

I was gonna say, a few pallets of cocaine would be an efficient way to turn it into cash I'd think

or one hell of a weekend

Code Jockey
Jan 24, 2006

69420 basic bytes free

Somfin posted:

LastPass does me just fine, most of my passwords are now 45 character random strings (you gotta pay for it to also work politely with mobile though)

yep, same here. Quite happy with lastpass.

Code Jockey
Jan 24, 2006

69420 basic bytes free

this whole concept is so loving stupid but is being presented so matter-of-factly that I feel like I might be having a stroke

this is just so stupid it makes me wonder at some level if it is me who doesn't understand something

cue that image again I guess lol

Code Jockey
Jan 24, 2006

69420 basic bytes free
*throws diamond in trash* THERE WE GO GUYS TOTALLY DESTROYED IT

Code Jockey
Jan 24, 2006

69420 basic bytes free

CaptainSarcastic posted:

I'm honestly surprised people are still talking about [thing] at this point. I thought it was such a blatantly idiotic scam it would have blown over by now.

here you go, a handy template for everything even tangentially related to crypto

Code Jockey
Jan 24, 2006

69420 basic bytes free




Who wants to buy my original one of a kind CryptoGoats? Secure your EXCLUSIVE ownership of a CryptoGoat now for only 499k

I am the only official retailer of CryptoGoats, all others are scammers

Code Jockey
Jan 24, 2006

69420 basic bytes free

Ad by Khad posted:

someone in a foreign country sent me a little over a thousand dollars today via email, the money went straight into my bank account and the fee was zero dollars and zero cents

bitcoin users not affected relevant

yes but how do I do this with countries we're sanctioning I mean uhhhhhhh how do I avoid GOVERNMENT CENSORSHIP AND OPPRESSION tia

Code Jockey
Jan 24, 2006

69420 basic bytes free
nft stands for Ned Flanders Tiddys

Code Jockey
Jan 24, 2006

69420 basic bytes free

Tether is backed by "paper" including actual assets, post it notes saying "I owe you a billion dollars and I'll pay it I promise" and everything in between right?

Code Jockey
Jan 24, 2006

69420 basic bytes free

Zil posted:

Not so much sticky note more like pogs.

that's pogs

Code Jockey
Jan 24, 2006

69420 basic bytes free
oh god I really want Miss Cleo to come back for bitcoins

Code Jockey
Jan 24, 2006

69420 basic bytes free

Regrettable posted:

Well, you'll need a psychic to contact your psychic then.

miss cleo giving cryptocurrency market predictions from beyond the grave is the cyberpunk future I yearn to exist in

Code Jockey
Jan 24, 2006

69420 basic bytes free

lmao this is art

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Code Jockey
Jan 24, 2006

69420 basic bytes free

Barudak posted:

I see you too are a connoisseur of Libertarian Literature

SOMEONE CALL THE POLICE

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