Show Idle (>14 d.) Chans

← 2020-12-30 | 2021-01-05 →
adlai: perhaps earlier thread deserves to be pulled further in this direction, rather than cluttering up alf's personal channel.
snsabot: (asciilifeform) 2020-12-28 asciilifeform: adlai: i won't pretend to have studied and understood ~every~ crackpot 'anon coin' scheme proposed in past decade. but will pick 1 example, schnorr's. which elegantly lends itself to being unraveled like ball of yarn if you can (and enemy -- can) find 'which end to grab'
adlai revives another thread from yonder, now that this place is somewhat less "other folx's".
snsabot: (asciilifeform) 2020-10-18 asciilifeform: adlai: i dun like flooding other folx's chans w/ bot spew.
asciilifeform: adlai: if you want to discuss alt-etc, pleez do it anywhere but #trb. (e.g. #a.) it is riotously off-topic in #trb, which is about (surprise!!1!) trad bitcoin and in fact particular client.
adlai: what part of pulling on a thread that is attached to a growing reorg bounty of the current best chain is not part of bitcoin?
adlai is referring specifically to "find 'which end to grab'" of contracts that become anyonecanspend, relative to trb (and other clients') logic, were miners to arbitrarily cease enforcing specific softforks.
asciilifeform: adlai: these -- do pertain to #trb. the linked thrd was re altcoinologies tho.
adlai: ah. I linked the specific message with 'end to grab' re:schnorr, hoping that this would be obvious without extra verbiage.
asciilifeform: adlai: why, do you have new observation re softphork unwindage?
adlai: no new observation, only the nagging gut feeling that the only fundamental force keeping miners from collaborating with such unravelings to^H^Hyesterday is that they need rapid coinbase maturities to keep their books balanced and investors happy.
adlai has hardly reached the "explain fundamental theorem of Galois theory to precocious teenager" stage of his own studies; so, do not expect any bombshell unknottings anytime soon.
asciilifeform: adlai: in so far as anything can be learned via naked eye re: miners -- they seem to be conflict-averse and optimize always for 'biz as usual', whatever that happens to mean
asciilifeform: cuz, elementarily, electric bill gotta get paid etc.
adlai: right, because they have been public figures during most of the past decade. this could change in future ones.
asciilifeform: adlai: not clear that public exposure or lack thereof has anyffin to do with it. simply, miners are vulnerable to sudden dips in exch rate.
asciilifeform: for so long as cost of energy is denominated in fiatola -- will be so.
adlai: as you have recently stated, the main fundamental cost and barrier to anonymous mining is heat dissipation, not the merely power bill; and this is not likely to change while mining remains a small percentage of humanity's power consumption.
snsabot: (asciilifeform) 2020-12-16 asciilifeform: the mega-heat is simply from 1e6 fingernail-sized ics under 1 roof. there's no particular reason why they ~have~ to live under 1 roof. (tho yes, is cheaper than alternative atm)
adlai: miners who are running a proper financial enterprise become rather unhooked from the exchange rate once a good rally gets going.
asciilifeform: adlai: given as you are (or were at some point) into altcoinisms, oughta know that there, already good % of hash rate is accounted for by distributed irons (mostly pwned boxen belonging to 3rdparties)
adlai: there's a big difference between generic altcoin scum, and coins that specifically compete against bitcoin for sha256d work.
asciilifeform: for 'asiccoin', yes, presently not economical. but if it becomes impractical to keep 'mines' in their present form, then similar practice will appear in btcism also
asciilifeform: it aint esp. difficult to bake a btc-asic which enciphers result to an antifused-in rsa pubkey prior to outputing
asciilifeform: these can be distributed geographically as widely as you like (whether advertised or not, in the past we discussed example w/ 'cable tv' boxes etc)
adlai has not studied the state of altcoins recently; nor, for that matter, much about bitcoin; as you answered correctly, it's been a terrible year, and I'm only now gradually returning to any sort of usefulness.
snsabot: (alethepedia) 2020-12-15 thimbronion: asciilifeform: just referring to adlai's constant mockery of my having an "alethiometer."
snsabot: (alethepedia) 2020-12-15 asciilifeform: could be -- substance abuse; could be -- the sucking soul vacuum which afflicts some folx upon cessation of a substance abuse; i've nfi in this case.
asciilifeform: adlai: you seen energetic enuff nowadays. so, congrats
adlai: thank you; it'll take a while to modulate energy into criticism constructive enough that it doesn't get misinterpreted as scorn, although that is a goal.
asciilifeform: adlai: as general rule -- if you have q's specifically re ~classical~ trb/bitcoin mechanics, that you think trb folx would benefit from reading answers to in future -- ask in #trb, and i'ma try to answer there. but otherwise plz to #a etc
asciilifeform: imho even speculations about the fate of miners / goxists / users in general, ideally oughta go somewhere else. these are likely not to be useful to hypothetical student of trb src 1y from today
shinohai: <<< o hey I missed this was updated with obey_sendbuffersize ... ty jurov
asciilifeform: oh hey, fixed. ty jurov
← 2020-12-30 | 2021-01-05 →