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← 2026-06-05
adlai: is that the zcash bug that Claude found?
asciilifeform: ( see e.g. and elsewhere, vintage loltron )
dulapbot: (trilema) 2016-10-29 asciilifeform: ey”, referred to by Zooko as toxic waste, needed to be destroyed. If this data is not destroyed, someone who has access to this key is able to generate an infinite amount of anonymous ZCash. This is the so called “hidden inflation problem”; unlimited counterfeiting of coins while nobody is able to detect it. ...'
dulapbot: (trilema) 2016-10-29 asciilifeform: https://archive.is/Djt8g << meanwhile, at the circus, 'This is not a “normal launch” like any other altcoin, because ZCash required a so called “trusted setup”. During this setup, some secret (public) parameters were generated based on a “master private key”. These network parameters are needed to create the so called “zero-knowledge proofs”, which is the anonymizing mixer on the ZCash network. The “master private k
dulapbot: (trilema) 2016-10-28 asciilifeform: the baked-in unspoken presumption that no one will have sufficiently panopticonic view of the ledger to compute the obfuscated numbers
adlai: asciilifeform: you know I don't like stepping barefoot on roaches if they haven't been tickling my toes
adlai: whether that was a harmless "bug", quiet financial "mouse", or deliberate conspiratorial "mine", is anyone's guess, outside of the clique who not only could understand that kind of machine, but actually bothered
adlai wouldn't blink at either of the latter hypotheses
asciilifeform: this is rather like discussing individual 'bugs' in cryptoag-ware, lol
dulapbot: Logged on 2020-11-11 13:19:13 asciilifeform: mats: imho the 1 lulzy bit re cryptoag was that morons were willing to purchase what amounted to enigma clones for more than half century after the init. reveal
adlai: the really worrying result is that apparently their network consists of "major nodes" who could all get reached directly for a "flag day"
asciilifeform: afaik that's ~all shitcoinz
adlai: "worrying" in the sense that concerns people who might have held it as a delusion, thinking it was decentralized and private, rather than just an experiment of a small group who are pseudonymous although tightly linked
adlai did not ever buy that delusion, thus - not actually worried
adlai still does not blindly "trust" bitcoin, either
adlai: btw, have you been checking dead links on loper-os recently?
asciilifeform: adlai: nope, found new ones ?
adlai recalls that post category links had some weirdness
adlai: visiting posts directly seemed to work
asciilifeform: adlai: ah that. wp brokenness on account of hoster going to shit. need to move it
adlai not sufficiently tuned-in to determine when this regression happened
← 2026-06-05