fluffypony: except for a handful of domain hacks for TLDs they don't offer
kakobrekla: well with inifinite moneey theres no issue for sure
fluffypony: moiety: I have a VPS with them that runs an Electrum server, and then all my international (non-.co.za) domains are with them
asciilifeform: kakobrekla: perhaps i'll test this hypothesis one day. right after my nuke sub, etc.
mircea_popescu: you should have seen the original version
mircea_popescu: fluffypony really they backed off over twitter threats and general discontent
kakobrekla: well i did have some robots on btcusd back in the day but prolly nothing as sophisticated as you
fluffypony: moiety: yeah, until you need to manage a domain, then you have the old interface iframe'd in to the Hipster Header
moiety: fluffypony: oh and i dont mind what the site is like, as long as it isn't godaddy tbf
mrstickball: do all transactions go to the next block once its mined?
asciilifeform: i sort of assumed that everybody here had tried their hand at such things personally
asciilifeform: kakobrekla: tried it on recorded data stream from 'btc-e'. 'won' on some segments, lost on others. then mp gave me a demo account on mpex, where bots do no good, and i lost interest
fluffypony: moiety: their old interface wasn't pretty, but I'm buying a domain...I wouldn't mind an ncurses interface if it worked well
moiety: <fluffypony> coz that shit irks me more than NameCheap's new design << dude, glad it's not just me. i seriously thought i'd gone to the wrong place for a second
asciilifeform: jurov: at the time i simply itched to write 'something with ai' that 'could money'
asciilifeform: jurov: e.g. if you can figure out that mr. whale runs bot with 'stop loss' at $x/btc, you can estimate resulting price move, effect on other such machines
mircea_popescu: (incidentally, the rng of the java thing is particularly atrocious. piuk (blockchaininfo) made some fixes on a fork)
mircea_popescu: "To reward the work of the developers, Drake is offering three bounties of 0.20 BTC each for anyone that finds and fixes (via pull request) any bugs/code issues that potentially cause wallet data loss, a major security bug in the Coinpunk wallet code (coinpunk/models/wallet.js), bitcoinjs-lib, or in the random number generation code."
mircea_popescu: "After scoring a major grant awarded by the Bitcoin Foundation, Coinpunks beta version is finally available. The project, which is being developed by the veteran startup founder Kyle Drake, intends to build the first fully open-source, self-hosted do-it-yourself Bitcoin wallet service that you can run on your own server."
mircea_popescu: wait, there's more.
mircea_popescu: n the wild to take BTC.
mircea_popescu: Due in part to this process, we have been notified of a security bug in bitcoinjs-lib (the bitcoin javascript library counterwallet uses) that was internally disclosed to us by the bitcoinjs-lib team yesterday evening. We worked with them on applying a fix, which was made live late last night and this security notice was drafted pending confirmation from the team. However it appears the bug has already been exploited i
BingoBoingo: Chicago dragging down the good middle of nowhere we have
ThickAsThieves: they just miss Obama
mircea_popescu: BingoBoingo did they leave out ny or am i blind
fluffypony: he could probably do it in PHP for the volume he's going to get
BingoBoingo: http://theconcourse.deadspin.com/which-states-hate-themselves-the-most-1567602325/+reubenfb
fluffypony: mircea_popescu: well the point being that he has to have some more details on the proposal other than "money plz, will spend on sekuriteez and kode"
mircea_popescu: fluffypony: how your software will handle large volumes << that's the funniest thing i read today.
ThickAsThieves: in the butt
mircea_popescu: going through the londerfull log of this mrwdune dood. did he at least have the sense to locate in Guernsey ?
mircea_popescu: for these sorts of shit.
fluffypony: mircea_popescu: I think there are tons of undiscovered issues with all this non-standard IPMI shit, I'm waiting for something major to hit any time soon
fluffypony: "The underlying protocol seems to be VNC, but with a different authentication scheme, making standard VNC clients useless. (Also it appears to be an OEM version of ATENs KVM/VNC stuff.)"
mircea_popescu: they use what, vnc ?
ThickAsThieves: seems they are just veiled ads
mircea_popescu: BingoBoingo 130/90, you take the cake.
mircea_popescu: dude the sa crew is actually doing a splendid job raping teh tardtalk forums
gribble: The operation succeeded.
mircea_popescu: so, i stopped by the doc today had my blood pressure measured. anyone care to guess ?
jurov: asciilifeform, you mentioned some code to rape other bots? imma interested ;)
gribble: The operation succeeded.
gribble: The operation succeeded.
bitcoinpete: benkay: the notebook is like his blog, a running tally
benkay: bitcoinpete: that's the footnotes to FBR?
bitcoinpete: benkay: same as the one posted the last few times in here: http://www.fooledbyrandomness.com/notebook.htm
gribble: Colocolo - Wikipedia, the free encyclopedia: <http://en.wikipedia.org/wiki/Colocolo>; Pampas cat videos, photos and facts - Leopardus colocolo | ARKive: <http://www.arkive.org/pampas-cat/leopardus-colocolo/>; Leopardus colocolo (Chilean Pampa Cat, Pampas Cat): <http://www.iucnredlist.org/details/15309/0>
gribble: Pampas cat - Wikipedia, the free encyclopedia: <http://en.wikipedia.org/wiki/Pampas_cat>; Pampas Cat Facts - Big Cat Rescue: <http://bigcatrescue.org/pampas-cat-facts/>; Pampas cat videos, photos and facts - Leopardus colocolo | ARKive: <http://www.arkive.org/pampas-cat/leopardus-colocolo/>
mircea_popescu: asciilifeform there is, but moiety will never get to know.
asciilifeform: in argentina, there is 'pampas cat' instead
ThickAsThieves: "I realize that there are some companies playing in it, but you still have a wallet in your back pocket and I do too which probably means it hasn’t been figured out just yet.” ~Tim Cook
ThickAsThieves: “I think it’s a really interesting area," Cook said. "We have almost 800 million iTunes accounts and the majority of those have credit cards behind them. We already have people using Touch ID to buy things across our store, so it’s an area of interest to us. And it’s an area where nobody has figured it out yet.
mircea_popescu: i quote, "<chetty> well you be glad to hear we're finally back to active programing on eulora - but right now need to hit the store for weekend supplies of milk and coffee - back in a bit"
benkay: what's the middle name in a four name name? lol
mike_c: that's like short guys saying they don't like tall women. very self serving.
asciilifeform: kakobrekla: you saw some of the work. so decide for yourself.
ThickAsThieves: asciilifeform, no thats not the issue
moiety: you'll be needing more then http://i.imgur.com/jKKEEjY.jpg these are actually shortbread mid-sugaring
fluffypony: ThickAsThieves: before you move setup a fake murder in the US, and then if they try extradite you you can just claim that the death penalty is a possibility
mrwdunne: US doesn't have a very good track record when it comes to human rights and terrorism. Their judgement was probably the correct one
fluffypony: "Mohamed, a Tanzanian national, fled to South Africa after his involvement in the 1998 bombing of the US embassy in Dar-es-Salaam."
asciilifeform: russia doesn't extradite (anybody) but you might have other problems (Have Problems (TM)) there.
mrwdunne: What charges were they extraditing him on?
fluffypony: "This infringed Mohamed's rights to human dignity, to life, and not to be punished in a cruel, inhuman or degrading manner. The Constitutional Court concluded that the handing over of Mohamed to the US government was unlawful"
fluffypony: looks like there's mutual extradition in place, but that they've refused to extradite before for a guy that could possibly have received the death penalty
ThickAsThieves: these USGs be so insidious
mircea_popescu: ThickAsThieves you don't bring it up. you go home and say "woman, we're leaving for the congo. pack stockings and tank tops, and read up on slim's guide to cook for bogart"
bounce: depends on what you think is "charity". plenty of the oh-so-selfless white influence hasn't done the continent a bit of good
fluffypony: ThickAsThieves: in all seriousness, there are a number of really good programs out here that are always looking for help - I think I linked to these guys the other day, but in case not: http://www.jukani.co.za
fluffypony: mircea_popescu: anyone not tall, dark, and French speaking is white to them ;)
fluffypony: mircea_popescu: the Congo's a tough haul for a white guy
mircea_popescu: why the fuck not ?
ThickAsThieves: except no way am i moving to the COngo
ThickAsThieves: she actually works for one that runs the Okapi Conservation Project
fluffypony: seriously tho, there are a bunch of programs
fluffypony: ThickAsThieves: yes, she can come here and look after our dogs, we have 6 of them
ozbot: HP Server Killer Firmware Update On the Loose - Slashdot
BingoBoingo: http://it.slashdot.org/story/14/04/25/1227204/hp-server-killer-firmware-update-on-the-loose
bounce: great opportunity to catch up with the reading. *is a bit swamped*
mircea_popescu: who's the guy that crossed pacific in a barrel ?
asciilifeform: ThickAsThieves: optionally - on the boat.
bounce: isn't there a private jet thing for this sort of situation yet?
asciilifeform: ThickAsThieves: get on the fscking plane.
fluffypony: we basically have no laws of real worth, and those that could possible get in your way seem to disappear at the wiff of money
bounce: well, then gtfo usg
ThickAsThieves: The verdict is in, unless i'm ready to move to Romania, and/or MPEx blocks US customers, and/or I register as a broker/dealer with SEC, I must decline the MPIF mgr position due to legal concerns. Even then, it'd take a combination of those to have any remote chance of safety. :(
ozbot: The Enterprise of Customary Law - Bruce L. Benson - Mises Daily
bounce: http://mises.org/daily/2542 seems to say that the whole "unenforeable contracts" thing isn't that new
mircea_popescu: decimation: re: amazon, I've heard it's a tough life working there << but it's a large corp. of course they'd be managing the fuck out of all cost, neh ? afaik google is pretty much the only giant still trying to play the startup, otherwise even apple is bezos-ing it away.
mircea_popescu: numerisTrade anyway, definitely a better bet than godaddy, which is unequivocally atrocious. maybe enom if you have a direct contract with them.
ozbot: Namecheap goes off the deep end. Anyone know a decent domain registrar ? pe Trilema - Un blog de Mir
mircea_popescu: http://trilema.com/2014/namecheap-goes-off-the-deep-end-anyone-know-a-decent-domain-registrar/ < the long version if you care.
mircea_popescu: they were really great, but recently did a dumbass websiute redesign breaking everything. i bitched about it, they fixed some things, what can i say. nothing good endures
numerisTrade: mircea_popescu, is there any domain registrar you can recommend? What is wrong with namecheap.com?
mircea_popescu: the idea being that it'll have its first report before the 5th, and that'll allow a nav, and then it can trade.
mircea_popescu: or at least used to be. i dunno anyone used it itches thingee, so you get to be the first.
numerisTrade: do you have any experience with ititch.com (or can recommend any other bitcoin domain registrar)?
mrstickball: You can pull out the BTC from when people buy into your company, correct mrwdunne ?
gribble: Currently authenticated from hostmask mrstickball!uid14687@gateway/web/irccloud.com/x-xhdulznzsjnbbbyc. Trust relationship from user Blazedout419 to user mrstickball: Level 1: 5, Level 2: 3 via 2 connections. Graph: http://b-otc.com/stg?source=Blazedout419&dest=mrstickball | WoT data: http://b-otc.com/vrd?nick=mrstickball | Rated since: Fri Jul 5 18:09:54 2013
fluffypony: mircea_popescu: shortlist of companies never to deal with or invest in? coz that's where they should be on:-P
mrstickball: Blazedout419: look into Adeally... They're out of Grove City
fluffypony: mircea_popescu: no clue, I left just before they folded Swistech into ISIS (Oct 2012), so whoever ended up managing that process would have been my replacement
mrstickball: turns out, there's a new crypto-security that is based out of Grove City
fluffypony: it's ridiculous, daddy is smart and started a company, and then basically gave his sons companies and shitloads of money
mircea_popescu: lol family concern of the venters, 1k p/e
fluffypony: so then they buy stupidly, and if a company gets folded into your division/company you're fucked trying to integrate staff that don't want to be there
fluffypony: which then funded every acquisition
fluffypony: they got lucky early on with a couple of smart acquisitions
fluffypony: they're always on an acquisition spree
fluffypony: worst two years of my life, so much discord and backstabbing and dick-measuring among their management
asciilifeform: looks like they make cable boxes.
fluffypony: mircea_popescu: JSE (Johannesburg Stock Exchange), which is our equivalent of the NYSE
mircea_popescu: decimation: but the "recovery" is great guys, just some snow, no problems here << in fairness, they were overissuing
fluffypony: mircea_popescu: the Altech Group
mike_c: ThickAsThieves: it looks like they are in no way biting off too much ;)
ThickAsThieves: mike_c here's the website for the software guys http://cryptosysinc.com/ (the printout i shared in Timis)
mrwdunne: Jurov There are ways of ensuring deposits are not reversed.
mircea_popescu: jurov recently in the sense of... since 2000 :)
jurov: recently there was this type of scam around: A buys from B something, B gives to A his exchange E's bank account
mrwdunne: ThickAsThieves No, we will be complying with the KYC/AML laws regardless.
mrwdunne: The article specifies crypto itself. We are not basing our compliance on an article
ThickAsThieves: not the buying or selling of it for fiat
ThickAsThieves: the text specifies crypto itself
ThickAsThieves: this is some bumfuck logic no? "However the FCA has not offered any constructive guidance or comment on the regulation of digital currencies. In fact, the FCA has gone as far as stating it does not regulate digital currencies and has no intention of doing so. The result is that bitcoin businesses in the UK are not obliged to register with or be authorised by the FCA."
mrwdunne: (That is not our private correspondence with them however)
mrwdunne: This is already public knowledge, however I confirmed it with them. Hell I think coindesk did an article on it
mrwdunne: ThickAsThieves I have it in writing that they do not, and have no intention to regulate any bitcoin exchange
ThickAsThieves: did they provide anything in writing for you?
mrwdunne: ThickAsThieves remarkably I have actually spoken with the FCA about this, as opposed to just reading their manuals.
Naphex: as in hacked bank accounts, or clients wanting reversals because they inputed by mistake too many 0's
mrwdunne: ThickAsThieves it does not exist for bitcoin exchanges in the UK, according to the FCA. We have no legal obligation to collect identification (we will be, but not for small buyers)
mircea_popescu: unlike you, he didn't have the benefit of -assets existing.
ThickAsThieves: whats the distinction, how does AML exist if it doesnt exist?
mrwdunne: ThickAsThieves no you cannot. There are just no reporting requirements
ThickAsThieves: so i can money launder at will in the UK?
ThickAsThieves: Perfect regulatory environment for an exchange as there are no AML/KYC requirements.?
mrwdunne: Free, instant bank transfers. Perfect regulatory environment for an exchange as there are no AML/KYC requirements.
mrwdunne: Offering free, instant bank transfers however is a reason to move en-masse. Being the only may not directly be the selling point, however that is a very valid advantage
fluffypony: mrwdunne: every entrepreneur pitching a business says that their product is a special and unique snowflake the likes of which have not been seen from the beginning of time until now, no nor shall be seen again...that's not a compelling reason for customers to move en-masse to your exchange
ThickAsThieves: i think you missed the points
mrwdunne: mircea_popescu I have read through your posts on bitcointalk already. You pitch that if someone is competent and the idea has potential that is what matters. I am the only person who has managed to get the account
mircea_popescu: noob founders try to pitch onlyness to vcs all the time, innocent of the plain obvious fact that it's a disqualifier.
mrwdunne: Only exchange with access to the UK banking network. That does make you valuable
ThickAsThieves: being the only human on island doesnt make you valuable
mrwdunne: Only is not at all bullshit, although yes first is the wrong word
ThickAsThieves: why use either as a quality?
mircea_popescu: so are you going to make the first roman empire, too ?
mrwdunne: mircea_popescu Which other ones are still running?
mircea_popescu: mrwdunne srsly, it's not the first in any sense, forget about that angle.
mrwdunne: First in the UK to have access to UK banking. Immediate advantages to competitors
mrwdunne: Naphex: yes, we are selling in stages, at each stage we will sell the shares for more. Whatever we have left we will use to provide liquidity. However I think we will see a flood of people from the UK when we launch. Especially as the bank transfers are instant
fluffypony: BitDevils - The Startup Womb
ThickAsThieves: the Devil's Nest
fluffypony: to help them refine it
fluffypony: where we play devils advocate to the ideas
MichalisBTC: thanks for the intro! catch you later
MichalisBTC: sure, and I also I would like to get more feedback on the project, give out more info
ThickAsThieves: trust isnt built quickly in these parts
ThickAsThieves: it's a slow time of day here, so the more you're around the more you can float your questions and answer them
ThickAsThieves: MichalisBTC I'd recommend registering your name with nickserv, then signing up for the Bitcoin Web of Trust. These are some of the verification methods we live by and a great way to build your rep while establishing an identity.
artifexd: Nevermind. Found the rfc
gribble: The operation succeeded.
gribble: WARNING: Currently not authenticated. Trust relationship from user thestringpuller to user MichalisBTC: Level 1: 0, Level 2: 0 via 0 connections. Graph: http://b-otc.com/stg?source=thestringpuller&dest=MichalisBTC | WoT data: http://b-otc.com/vrd?nick=MichalisBTC | Rated since: never
Naphex: yeah but when ddos hits, and their customers can't deposit / withdraw, support phones and emails start burning
MichalisBTC: but yes point being that the mid-tier business ie fx, don't have to worry about it. We do
MichalisBTC: with our security design for the perimeter the worst thing that can happen to one of our satellite nodes is go out of service. But with a DDoS they cannot penetrate further than that.
gribble: Nick 'thestringpuller', with hostmask 'thestringpuller!~leflor@99-39-97-12.lightspeed.tukrga.sbcglobal.net', is identified as user 'thestringpuller', with GPG key id 0FF2943DA179E169, key fingerprint 6ACE36E786F39A4ADC4506DE0FF2943DA179E169, and bitcoin address None
Naphex: getting ddos'ed and cloudflare shutting down the API's
Naphex: the weak point beeing any DDoS
Naphex: MichalisBTC: what is the hard work in clearing bitcoin?
MichalisBTC: We are in Cyprus, low corporate tax attracts a lot of FX companies, who wish now to integrate bitcoin. Some list it already as CFDs, but they cannot clear bitcoin. We do the hard work for them, they are in control of the wallets. We are just the passthrough, offering a service.
MichalisBTC: we could license it, the main feature are the notifications. Business is to charge for the notifications, integration and support. Mainly because we will deal with businesses.
punkman: MichalisBTC: why "as a service"? why not license the software that provices the convenient API for the blockchain?
MichalisBTC: also, on the complete from end we used custom proxies.
Naphex: MichalisBTC: did the API's require signing? like HMAC?
MichalisBTC: However, on other implementation, where we did host wallets, we had clear separation of non critical servers with distributed security. And at the back end everything was separated with APIs.
MichalisBTC: We are not holding any funds for "Blockchain as a Service" and the only input in the system is the bitcoin netowork.
Naphex: where are the encryption keys kept?
Naphex: All the private keys and wallet files are immediately backed up to multiple physical locations via encrypted tunnels. The keys and files are stored in an encrypted format on database which reside on encrypted partition file systems. Thus eliminating the possibility of stealing keys, even if hard drives from backup locations are stolen.
Naphex: can i clean you out if i get access to the gre?
Naphex: MichalisBTC: what does the secure architecture entail? what other security systems are in place, besides the GRE tunnel
MichalisBTC: FX companies that need to offer bitcoin clearing without us being in control of their bitcoin. Anyone who wishes to built a bitcoin app. We do the heavy lifting for them.
Naphex: ThickAsThieves: run a full-node cluster, and get whatever data you need from there. use full nodes for payments, and multi-sig cold wallets for storage
Naphex: MichalisBTC: so the clearing engine keeps the wallets, provides restful apis to the other products right?
MichalisBTC: i guess there are a number of ways to do this, we went with Java and bitcoinJ was of great help.
MichalisBTC: well we are not making thin clients. Our customers will be those requesting software services. not the end users.
ThickAsThieves: or just the website content
ThickAsThieves: kakobrekla knows the blockr people
Naphex: any MITM will own the SPV's
MichalisBTC: The space we are entering with "Blockchain as a Service" is kind of competing with blockchain.info, some features overlap. his advise on that was that indeed we need more of these type of SaaS to help the eco-system...
fluffypony: so is he a technical advisor in terms of checking your architecture and designs, or is he an advisor to the funding process/business proposal?
MichalisBTC: Really nice guy btw. We had a one hour skype video call and went over our designs. A few days ago we asked him if we appoint him as our advisor for the funding process and he was kind enough to accept.
MichalisBTC: through the Man himself.
MichalisBTC: Yes, we approached Mike because all our previous work was on bitcoinJ. BitcoinJ was designed to be a mobile client rather a backend server.However, the tools of the library are helpful and because we code in Java we decided to give it a shot. We broke it appart and used what was good for our purposes but as some point we wanted advise on how to proceed, so we thought to pass our plans
ThickAsThieves: I met the Cryptosys guys last year, we broke bread, Danny proceeded to fuck them in the ass, etc
ThickAsThieves: other than specialized bitcoin software for businesses
ThickAsThieves: my own goal is for you guys to put him through the wringer so as to temper (snuff?) his plans as appropriate
ThickAsThieves: or maybe share the website?
ThickAsThieves: from the ashes of Neo
ThickAsThieves: MichalisBTC is the bitcoin software guy I mentioned
bitcoinpete: "US bank credit money supply growing at about $45bn/month currently, well offsetting the +-$7bn/month QE slowdown. http://research.stlouisfed.org/fred2/series/TOTBKCR" << bueno!
ThickAsThieves: "On the business front, Android fans are more apt to show a strong interest in Evernote (16.65X), LinkedIn (6.90X), venture capital (5.44X), and corporate finance (3.85X). The only business topics to feature prominently for iOS fans are TechCrunch (13.55X) and Bitcoin (7.93X)."
MrWDunne: Owch, good job by them
fluffypony: raed the 2nd post
MrWDunne: It does mean for a while there were more bitcoins in circulation than actually existed. But when did it all start?
pankkake: but that was a while ago. so those bitcoins were already out, priced. yet people were still seing pretty numbers of bitcoins that were not there
MrWDunne: pankkake: They didn't just disappear. They just moved to somewhere other than the owners hands
Naphex: brb, heading home. done with the office
Naphex: will switch it with a good graph pretty soon, the data plant should be ready by monday
pankkake: well no, fractionnal reserves means more bitcoins than there are
Naphex: fluffypony: there is a slider down, you squeeze it
fluffypony: Naphex: that graph on the front page, it's not possible to zoom in right? wanted to see if you guys saw a dip from the China thing as well
pankkake: after all, you realize there are now less bitcoins than previously thought
Naphex: well, i missed the whole news
MrWDunne: Essentially leaves China to use Cash only, not sure if they will be willing to use that
MrWDunne: Yes, they are banning btc again
Naphex: they banned btc again?:)
Blazedout419: So bored with the China bans already
fluffypony: I'm just glad I never kept coins on there
fluffypony: he has a point though - if the 200k coins they magically "found" form part of the assets sold off to pay creditors, customers will proportionally get less as they have to share with other creditors
Naphex: http://www.fentonreport.com/bitcoin/why-the-savegox-plan-is-very-important-to-the-bitcoin-ecosystem
HeySteve: yeah Eleuthria contacted me, glad I was vague and didn't make any accusations of involvement there
bitcoinpete: "Worry about skin in the game, not inequality."