gregorynyssa: asciilifeform: I wasn't able to find a comprehensive explanation in #trilema concerning why the Ethereum project is fraudulent.
gregorynyssa: would you mind briefly explaining? also, do you still consider smart contracts in general to be a worthwhile area of study?
thimbronion: gregorynyssa: have you read http://trilema.com/2012/gpg-contracts/?
thimbronion: gregorynyssa: also did you read the discussion of nlocktime?
thimbronion: gregorynyssa: also surely there was some discussion of the dao hack and the reprecussions. Nothing fundamentally has changed about ETH since that particular smart contract was violated.
asciilifeform: http://logs.nosuchlabs.com/log/asciilifeform/2020-10-22#1023451 << afaik no one had bothered to write a single-page likbez on the subj. the root of the matter is that it's a usg-sponsored (via mit) craftily-fraudulent item, built specifically as an instrument to undermine bitcoin and, as the perps hoped, to discredit the very concept.
snsabot: Logged on 2020-10-22 01:03:34 gregorynyssa: asciilifeform: I wasn't able to find a comprehensive explanation in #trilema concerning why the Ethereum project is fraudulent.
asciilifeform: gregorynyssa: the technical details of the flimflammery could fill a hefty book. all sorts of wonders, from the uncapped monetary base, to the jawdroppingly-complicated and porous 'smart' instruction set, to... i've no intention of writing the book.
asciilifeform: http://logs.nosuchlabs.com/log/asciilifeform/2020-10-22#1023452 << asciilifeform does not, and never at any point has, considered 'smart contracts' to be a subject worthy of any attention whatsoever , outside of the strictly ~criminological~ attention merited by an artifact of fraud.
snsabot: Logged on 2020-10-22 01:04:37 gregorynyssa: would you mind briefly explaining? also, do you still consider smart contracts in general to be a worthwhile area of study?
asciilifeform: they were/are simply an instrument of the 'shell game' built into ethereum. primarily to complicate the matter of answering q's e.g. 'how much coin is there?' 'to whom does this-here coin belong?' but also to help in organizing 'jam tomorrow' mechanized chumpatrons of all types.
asciilifeform: the use of the term 'contract', which traditionally refers to written agreements b/w ~people~ , to refer to entirely mechanical system, is also a (deliberate) abuse.
trinque: aha, "trustless contract" is exactly "sexless marriage"
asciilifeform: trinque: imho rather moar like 'a hole w/out the doughnut'
asciilifeform: $vwap
btcinfobot: The 24-Hour VWAP for BTC is $ 12965.08 USD
asciilifeform: !w poll
watchglass: Polling 16 nodes...
watchglass: 205.134.172.6:8333 : (172-6.core.ai.net) Alive: (0.082s) V=99999 (/therealbitcoin.org:0.9.99.99/) Jumpers=0x1 (TRB-Compat.) Blocks=653854
watchglass: 108.31.170.3:8333 : (pool-108-31-170-3.washdc.fios.verizon.net) Alive: (0.097s) V=99999 (/therealbitcoin.org:0.9.99.99/) Jumpers=0x1 (TRB-Compat.) Blocks=653854 (Operator: asciilifeform)
watchglass: 205.134.172.27:8333 : Alive: (0.085s) V=99999 (/therealbitcoin.org:0.9.99.99/) Jumpers=0x1 (TRB-Compat.) Blocks=653854 (Operator: asciilifeform)
watchglass: 205.134.172.26:8333 : Alive: (0.082s) V=99999 (/therealbitcoin.org:0.9.99.99/) Jumpers=0x1 (TRB-Compat.) Blocks=653854
watchglass: 205.134.172.4:8333 : (172-4.core.ai.net) Alive: (0.084s) V=70001 (/therealbitcoin.org:0.7.0.1/) Jumpers=0x1 (TRB-Compat.) Blocks=653854
watchglass: 84.16.46.130:8333 : Could not connect!
watchglass: 205.134.172.28:8333 : Alive: (0.084s) V=99999 (/therealbitcoin.org:0.9.99.99/) Jumpers=0x1 (TRB-Compat.) Return Addr=0.0.0.0:8333 Blocks=652484 (Operator: whaack)
watchglass: 54.39.156.171:8333 : (ns562940.ip-54-39-156.net) Alive: (0.112s) V=99999 (/therealbitcoin.org:0.9.99.99/) Jumpers=0x1 (TRB-Compat.) Blocks=653854
watchglass: 192.151.158.26:8333 : Alive: (0.148s) V=70001 (/therealbitcoin.org:0.7.0.1/) Jumpers=0x1 (TRB-Compat.) Blocks=653854
watchglass: 208.94.240.42:8333 : Alive: (0.147s) V=99999 (/therealbitcoin.org:0.9.99.99/) Jumpers=0x1 (TRB-Compat.) Blocks=653854
watchglass: 176.9.59.199:8333 : (static.199.59.9.176.clients.your-server.de) Alive: (0.334s) V=99999 (/therealbitcoin.org:0.9.99.99/) Jumpers=0x1 (TRB-Compat.) Blocks=391673 (Operator: jurov)
asciilifeform: !q uptime
snsabot: asciilifeform: time since my last reconnect : 33d 2h 48m
asciilifeform: !w uptime
watchglass: asciilifeform: time since my last reconnect : 8d 15h 9m
feedbot: http://mvdstandard.net/2020/10/border-to-remain-closed-to-tourism-through-summer-high-season/ << The Montevideo Standard -- Border To Remain Closed To Tourism Through Summer High Season