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cool av
Mar 2, 2013

Satoshi (nicknames: Sat, To, Shi)

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cool av
Mar 2, 2013


ah, exactly the advertising you'd expect to see from a respectable and useful product

cool av
Mar 2, 2013

RPATDO_LAMD posted:

stay safe out there when buying canned premade phishing websites, guys:

https://cujo.com/nft-scam-as-a-service-a-scam/

lmao

cool av
Mar 2, 2013

can anyone explain to me how they made finding an optimal path thru a graph into an np hard problem?

is it somehow to do with Decentralization and no node knowing the “full” picture? but IP routing works fine idk

cool av
Mar 2, 2013

also lmao at the justice system

cool av
Mar 2, 2013

carbon credits on the blockchain, brought to you by adam neumann is too much for me. it’s just too much. that’s it for me.

cool av
Mar 2, 2013

so close to 50% down on the 6 month BTC price

cool av
Mar 2, 2013

has anyone said craptocurrency

cool av
Mar 2, 2013

only way i’m making an immediate impact on a new codebase is by breaking the whole drat thing

cool av
Mar 2, 2013


didn't this guy turn out to be a robot

cool av
Mar 2, 2013


cool av
Mar 2, 2013

shouldnt switching to POS eliminate basically all the emissions? what am i missing? are they including the fact that it will probably never happen in their calculations?

cool av
Mar 2, 2013

should’ve gone with fahrenheit, the superior temperature scale

cool av
Mar 2, 2013

haveblue posted:

decentralization means I can do what I want, when I want, where I want, to whom I want, with zero consequences





wait why won't anyone pay me to do this any more

the thing is, they will though?

cool av
Mar 2, 2013

it happened!!!

now i’m gonna need (1) hundreds of coping tweets from the “under 20k is fundamentally impossible” ppl (2) microstrategy liquidation

cool av
Mar 2, 2013

RPATDO_LAMD posted:

this would be true in an actual distributed system where the miners are all nobodies
but when it's a cartel of like 3 guys controlling 70% of the mining power the incentives change a bit. if someone with 40% of the hashpower shuts their mining down it could instantly cripple the network or at least drive a ton of negative sentiment that pushes the price down further and keeps it from recovering
so the miners might feel it's in their own self interest to continue mining even at a loss for a bit in hopes of the network recovering, since going offline and kicking it while it's down mignt lose them more money in the long run

yeah. the frisbee on the roof scenario also depends on the network being “actually decentralized”, so sadly it can’t happen

cool av
Mar 2, 2013

rjmccall posted:

the protocol adjusts hash difficulty according to the apparent current hash rate in an effort to try to keep blocks coming at about one every ten minutes. so lower hash rate (more mining hardware) doesn’t actually make blocks come any slower once adjustment is complete

on the other hand, that adjustment lags because it’s done once every certain number of blocks. since the period is measured in blocks rather than time, it adjusts faster (measured in real time) when hashrate is increasing and slower when it’s decreasing. so a steep decline in hashrate takes a long time to adjust, especially because downward adjustments in difficulty are also limited in a weak effort to prevent miners from intentionally manipulating the hashrate. this theoretically can put the frisbee on the roof

yeah but also the cartels will just agree to lower the difficulty if needed

cool av
Mar 2, 2013

4lokos basilisk posted:

also does everyone have the same weight to their vote irrespective of how big their stake is?
and is this just a online poll or is it on the blockchain somehow too?

I don't think it's generally possible to do these with "1 person 1 vote" because the 'chain has no concept of a "person".

It only has addresses that own tokens that represent a portion of all the [wasted energy or "staked money"].

cool av
Mar 2, 2013

shame boy? more like proud b...no nevermind we'll have to think of something else

cool av
Mar 2, 2013

i can't wait for the lightning network to energize etherium's proof of stake blockchain

cool av
Mar 2, 2013

The Wisest Moron posted:

I wonder how much energy was wasted in the production of GPUs and ASICS in addition to the power costs.

there was some research on this a while back iirc most gpus involved in mining never find a single valid hash in their operational lifetime. something like 1 macbook air of e-waste (by weight) per eth block mined

cool av
Mar 2, 2013

but, coin

cool av
Mar 2, 2013

it’s pathetic that they are crying to the big daddy fiat centralized legal system to try to get their money back

cool av
Mar 2, 2013


how does the division of GS trying to buy Celsius feel about this https://seekingalpha.com/news/3851884-goldman-sachs-said-looking-to-raise-2b-to-buy-celsius-network-assets-report

cool av
Mar 2, 2013

Alan Smithee posted:

Why would all those Karl Marxes be sad about it

Karls Marx

cool av
Mar 2, 2013

Zamujasa posted:

➡️↘️⬇️

cool av
Mar 2, 2013

quote:

No offense but looking for definitive answers from someone in the industry. I heard FUD that only customer funds held by Voyagers bank is FDIC insured and if Voyager is insolvent then our funds are not covered. But then again this is all unsubstantiated so want to hear from someone who knows what they’re talking about. P

“i heard FUD…could it be true?”

cool av
Mar 2, 2013

njsykora posted:

shoutout to them thinking stadia, a service that died on its rear end years after the ouya did was responsible for the ouya’s failure
https://twitter.com/notcurlybrace/status/1543771634150031360

did they seriously steal the gamecube logo on top of everything else

cool av
Mar 2, 2013

wait so Axie/RoninCoins are just regular old WoW gold, not Magic Decentralized WoW Gold?

cool av
Mar 2, 2013

Pigbuster posted:

In a 5-4 decision the supreme court has ruled that the court must be given everyone's money

if you read the constitution, the only authorized form of money is coins. all paper and digital money is unconstitutional. it only follows that it should be confiscated by the highest court in the land.

cool av
Mar 2, 2013

lol the state can't freeze your funds if you're in the cryptosphere. your keys your coins, bitches!!!!!!!!!!!!!!!!!!!!!!

cool av
Mar 2, 2013

Plank Walker posted:

exchanging my cash for chips with the dealer, who immediately runs off to another casino with my cash

cool av
Mar 2, 2013

I am so sorry. Due to Crypto Winter, I had to take all of your money. I'm doing my best.

cool av
Mar 2, 2013

As much as I enjoy etherium's complete failure to move to proof of stake, I would even more greatly enjoy if they pulled the trigger.

I imagine it could go one of two ways:

- it works great, proof of work becomes obsolete, everybody wins.
- it fails miserably, etherium eats poo poo, everybody wins

cool av
Mar 2, 2013

Vincent Van Goatse posted:

wtf is bitcoin 22246.10?

Hard to tell without knowing how often you check.

Are you surprised at this from 2 days ago when it was $23k, from 2 weeks ago when it was $18k, from 2 months ago when it was $30k, or from 2 years ago when it was $10k?

cool av
Mar 2, 2013

Boxturret posted:

it's the same problem with the people who want to be able to sell their steam games as nfts

okay so the company has two options, just sell two individual things to two people, making 2*cost of item off the transaction, or allow people to resell or rent the one they bought, so the company gets 1*cost of item+a percentage of the rental or sale(and in these situations the bitcoiner always imagines that they'll be profiting from this somehow, so they get the majority of the proceeds)

what company on earth would choose that?

Any company that wants to use hype to scam their customers of course! Especially considering that Steam could much more cheaply and easily implement resale* without involving blockchains.


* any imaginable feature

cool av
Mar 2, 2013

wait, Kraken? Is that the one where the founder/ceo thought he could eat enough jelly to increase the elasticity of his body to the point where he could survive a fall from any height, and then posted a 183-tweet thread detailing the calculations before stating “that’s it, I’m going to do it. #reallifesuperhero” and then never being heard from again? Or am I thinking of another crypto company, it’s hard to keep them straight at this point honestly

cool av
Mar 2, 2013

divabot posted:

this is quite good (I helped the guy with it)

https://twitter.com/00xou/status/1553433497615962113

cool article, although I think it is probably provably impossible for any product to satisfy BOTH
- works outside of crypto ecosystem and
- blockchain is used in a way that makes the product better

(the product he says meets them I don't think really works outside of crypto)

cool av
Mar 2, 2013

i want to know how many people are sending crypto to the recovery address in return for a promise that they will get 20% back?

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cool av
Mar 2, 2013

The Wisest Moron posted:

Thinking about making software that costs $$ for every individual compiled instruction and how this will produce robust code worthy of financial transactions.

there haven’t been any bugs in smart contracts yet, so i’d say it works pretty pretty pretty good

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