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2741  Alternate cryptocurrencies / Altcoin Discussion / Re: Satoshi didn't solve the Byzantine generals problem on: February 09, 2016, 12:32:04 PM
when an inestimable condition for Byzantine fault tolerance is COMBINED with inability to observe faults consistently among all observers, then no state is trustworthy

Your first point is irrelevant because that is the natural state for any byzantine system that we are concerned with. The second point is just plain incorrect, because a byzantine fault is a fork in bitcoin, and all observers can see the fork.

"an inestimable condition for Byzantine fault tolerance" is not an natural state of all applications of byzantine systems as I have explained for example for modeling hardware.

"inability to observe faults consistently among all observers" is correct and is inarguable for BGP as already explained and to which even smooth agreed.

Readers must I continue to refute monsterer because this is impinging on my time? He has been wrong on ever post in this thread lately. I think it is time to put him on Ignore.

Orphaned chains (not sustained forks!) are a natural and can't be proven to be an attack. Even those longer-con chains which orphan another chain which do not fall within the expected variance due to natural orphan rate can't be distinguished from natural (non-attack) network connectivity issues. Also I already explained upthread that an emphemeral fork (which orphans another chain) can't be blamed for a double-spend or censored transaction, because there is no provable correlation. Seems you've forgotten where I had to teach you in my Decentralized thread why it is impossible for a minority chain to prove anything (because the state of the chain is never absolute w.r.t. to any external chain/clock and is always moving forward). Which is the same analogous mistake enet made upthread.

Fuck man, you can't even keep all the concepts in your head from the past discussions!



We covered this earlier monsterer, but I don't agree that observers can necessarily see the fault. If mining is centralized and no one outside of the collusion mines (because it is not economically viable to do so), then there will be no forks.

However, it is accurate to say that if we know there are miners who aren't part of a collusion and we don't see forks that exceed those accounted for by natural propagation, then there is no attack.

Sorry smooth none of that shit is true per what I wrote above to monsterer.

Besides collusion is unknowable due to Sybil attacks.

You guys are chasing your tails in circles.

I believe the bolded condition is a near certainty today, and the italic condition is very likely true.

Therefore Bitcoin is solving (something like) BGP for the moment.

Analyzing the present based on available evidence is the only objective statement anyone can make on the matter.

Nonsense. There is no objective evidence in longest chain rule other than the longest chain. Period.

Anyway, it turns out that monsterer is actually correct, and failures are observable in Bitcoin after all. You can't censor transactions without controlling either all the miners or creating forks. As long as neither condition is observed we know it hasn't failed.

Nonsense all. monsterer isn't correct.

Attacker only needs 51% of hashrate to censor transactions perpetually (and less % to delay transactions).

There is no (sustained) fork in the longest chain rule.
2742  Alternate cryptocurrencies / Altcoin Discussion / Re: Satoshi didn't solve the Byzantine generals problem on: February 09, 2016, 12:11:21 PM
Whereas, with a quantified probability of traitors (e.g. hardware MTBF), the risk of Byzantine fault is computed. Which was the intent of Lamport et al's paper.

That's not really the case. Read the paper more carefully. Simple probabilistic hardware failure is easy to cope with using redundancy and majority voting. The hard problem is failures that are more subtle and complex, which can mimic deception and collusion.

The algorithm becomes a tool in a toolbox which is used to improve robustness against certain types of failures, but the robustness is still never absolute, and in real systems the actual probability of failure is still not known.

I suggest you also read the paper more carefully. Specifically Section "6. Reliable Systems" which we are referring to.

What it says is that as the hardware fails the outputs can become like traitor inputs to other hardware components causing the cascade to lie, which is precisely the BGP problem and what the solution is modeling by a count of traitors (passing along a traitor's lie doesn't create a new traitor). Even in the case where the derivative computation is corrupted due to the corrupted input, this is still a quantified probability of cascade of traitors obtainable from engineering and math/models applied from hardware MTBF rates. It is more exact science or estimation than not knowing. There is no decentralization, Sybil attacked introduced which otherwise makes the estimation highly unknowable and unmeasurable (science requires measurement to validate that models are predictive).
2743  Alternate cryptocurrencies / Altcoin Discussion / Re: Satoshi didn't solve the Byzantine generals problem on: February 09, 2016, 11:57:23 AM
Just because you cannot quantify the number of traitors does not mean the system will produce invalid results within the bounds. This is true of any BGP consensus and has absolutely nothing to do with trustless, decentralised solutions.

For Christ's sake, you cause me to repeat all the points I made upthread over and over again.

I already explained to you invalid results where the observers can't know whether the state was attacked or not, which is a Byzantine fault! There is no way to compute this risk and in fact the asymptotic risk is 100% (probability = ~1) because all decentralized consensus systems must centralize (which I explained in detail upthread).

You keep linking that page, and you keep ignoring the statement on that page that says "assuming there are not too many faulty components"

I am not ignoring it. You are ignoring the point that the condition on count of traitors is unknowable from any sane engineering estimation (which btw is why the point about Sybil attacked pools is relevant) and thus no state of the decentralized, trustless consensus system (Satoshi's variant when conjectured to be decentralized, trustless) can ever be distinguished from a Byzantine fault, regardless whether the condition threshold has been reached or not.

Your myopia Bill, is that (you smoked too much MJ and) when an inestimable condition for Byzantine fault tolerance is COMBINED with inability to observe faults consistently among all observers, then no state is trustworthy (which fails the goal of the solution). The "solution" collapses into a non-solution in the decentralized, trustless context.

Hopefully you will finally admit it.
2744  Alternate cryptocurrencies / Altcoin Discussion / Re: Satoshi didn't solve the Byzantine generals problem on: February 09, 2016, 11:43:45 AM
Just because you cannot quantify the number of traitors does not mean the system will produce invalid results within the bounds. This is true of any BGP consensus and has absolutely nothing to do with trustless, decentralised solutions.

For Christ's sake, you cause me to repeat all the points I made upthread over and over again.

I already explained to you invalid results where the observers can't know whether the state was attacked or not, which is a Byzantine fault! There is no way to compute this risk and in fact the asymptotic risk is 100% (probability = ~1) because all decentralized consensus systems must centralize (which I explained in detail upthread).

Whereas, with a quantified probability of traitors (e.g. hardware MTBF), the risk of Byzantine fault is computed. Which was the intent of Lamport et al's paper.

Your points are irrelevant, you don't understand the problem as stated. You are desperately clinging to wikipedia definitions in an attempt to save face, when the honest thing would be to admit your mistake; no one will judge you for it.

You are delusional. Well beyond delusional to blinded by your anger and desire for me to be wrong. Sorry you are wrong monsterer, just as you were wrong in the other thread (and peskered me endlessly).
2745  Alternate cryptocurrencies / Altcoin Discussion / Re: Satoshi didn't solve the Byzantine generals problem on: February 09, 2016, 11:42:23 AM
I am saying that in a decentralized, trustless, Sybil-attackable scenario, there is also no conditional solution to BGP, because the participants have no way to conjecture the probabilities of 51% attack

We'll have to agree to disagree. As long as I can write down a solution, and write down the condition under which it applies, then I consider that a conditional solution. I do not need to state a probability that such a condition will be satisfied.

What use is a condition if it can't be measured?

The Lamport paper was aimed at hardware MTBF rates which can indeed be measured and verified.

I am into engineering. I guess you prefer black magic and voodoo (and I am from New Orleans, lol).

(nor does any solution to BGP provide all participants a consistent, provable observation when the system state is attacked).

I agree with this part.

Thanks. It is unarguable fact.

The condition of count of traitors has only utility in applications where the probabilistic rate of traitors can be conjectured.

Utility is necessarily subjective. Also, ability to conjecture a probability is subjective.

Incorrect. MTBF rates for hardware are objective engineering measurements. Seems you are referring to "feelings", "speculation" or something other than engineering.

I have also I think argued convincingly that Satoshi's PoW design (and every decentralized consensus design) must trend towards and rely on centralization. Thus the asymptotic probability of 51% attack is ~1.

See there, you just conjectured one!

Others likely conjecture a different one.

No I provided an overview of what can be put into a mathematical proof. That is objective engineering, not conjecture.

The asymptotic probability can be described quantitatively because of the inviolable economics (which derive from CAP theorem but we can prove just from the economic realities).

Though Bitcoin does have a somewhat nice recovery property in that the failure only persists as long as 50% of the CPU power is conspiring to attack it. Unlike, an airplane for example. If too many components "temporarily" fail, then it may be catastrophically disassembled before they recover.

I can think of scenarios where that isn't necessarily true. For example, such an attack convinces speculators that the attack can be repeated at-will and so they flee the coin. Crash and burn.

The system can still recover. There is no catastrophic disassembly.

Non-sequitor.

You will never convince all the speculators to leave either. It is a bit like infinite divisibility. You have infinite reducibility of speculative value. Altcoin at #1000 in market cap still has a (tiny) value, there is still a (tiny) incentive to mine, and its blockchain still functions.

For all intent & purposes, shitcoins that have $10 floats are dead and will fully die eventually.
2746  Alternate cryptocurrencies / Altcoin Discussion / Re: Satoshi didn't solve the Byzantine generals problem on: February 09, 2016, 11:31:46 AM
Just because you cannot quantify the number of traitors does not mean the system will produce invalid results within the bounds. This is true of any BGP consensus and has absolutely nothing to do with trustless, decentralised solutions.

For Christ's sake, you cause me to repeat all the points I made upthread over and over again.

I already explained to you invalid results where the observers can't know whether the state was attacked or not, which is a Byzantine fault! There is no way to compute this risk and in fact the asymptotic risk is 100% (probability = ~1) because all decentralized consensus systems must centralize (which I explained in detail upthread).

Whereas, with a quantified probability of traitors (e.g. hardware MTBF), the risk of Byzantine fault is computed. Which was the intent of Lamport et al's paper.
2747  Alternate cryptocurrencies / Altcoin Discussion / Re: Satoshi didn't solve the Byzantine generals problem on: February 09, 2016, 11:20:19 AM
There is no decentralized solution to the BGP problem. Period.

For a moment, just consider this; you are saying that there is no solution to BGP in trustless anonymous systems, but: If you take a snapshot of the current bitcoin hash rate and equally divide it out between N generals of fixed and equal hash rate, this is now classical BGP. You must be forced to concede that you are in fact saying that there is no solution to BGP at all, which is clearly false.

Look he is saying there is no "unconditional" solution, which is absolutely correct. There is a solution, which may work, or may not work, depending on the state of the world when it is applied.

That is very much the same as Bitcoin, and stated as such by Satoshi in the white paper. Bitcoin is not unconditionally anything. If a majority of CPU power is conspiring to attack it, then it is failing.

Agreed, but please note my point is deeper than that.

I am saying that in a decentralized, trustless, Sybil-attackable scenario, there is also no conditional solution to BGP, because the participants have no way to conjecture the probabilities of 51% attack (nor does any solution to BGP provide all participants a consistent, provable observation when the system state is attacked).

The condition of count of traitors has only utility in applications where the probabilistic rate of traitors can be conjectured.

I have also I think argued convincingly that Satoshi's PoW design (and every decentralized consensus design) must trend towards and rely on centralization. Thus the asymptotic probability of 51% attack is ~1.

Though Bitcoin does have a somewhat nice recovery property in that the failure only persists as long as 50% of the CPU power is conspiring to attack it. Unlike, an airplane for example. If too many components "temporarily" fail, then it may be catastrophically disassembled before they recover.

I can think of scenarios where that isn't necessarily true. For example, such an attack convinces speculators that the attack can be repeated at-will and so they flee the coin. Crash and burn.
2748  Alternate cryptocurrencies / Altcoin Discussion / Re: Satoshi didn't solve the Byzantine generals problem on: February 09, 2016, 11:08:19 AM
Look he is saying there is no "unconditional" solution, which is absolutely correct. There is a solution, which may work, or may not work, depending on the state of the world when it is applied.

That is trivially obvious though. Of course there is no solution which works at all times, in all circumstances, that is why any proposed solution has specified bounds. To take 5 pages of back and forth to arrive here with that result would be very disappointing indeed.

The salient point continues to fly right over your head.

That is that the cases where the count of faulty nodes can be conjectured quantitatively (such as MTBF failure rates for hardware components) does not include the trustless, decentralized, Sybil attacked applications such as Satoshi's PoW design.

My statement is fact:

There is no decentralized solution to the BGP problem. Period.
2749  Alternate cryptocurrencies / Altcoin Discussion / Re: Satoshi didn't solve the Byzantine generals problem on: February 09, 2016, 11:03:22 AM
I call it a condition rather than a precondition because in some setups it is clear that the former is more useful. For example, a safety control system may specify that it continue to function properly as long as <1/3 of its components fail.

Yes the Lamport et al BGP paper was focused on cases where failure rates (where traitors are faulty components/nodes) can be conjectured (c.f. the end of the paper), not on Sybil attacks in a decentralized setting.

There is no decentralized solution to the BGP problem. Period.

For a moment, just consider this; you are saying that there is no solution to BGP in trustless anonymous systems, but: If you take a snapshot of the current bitcoin hash rate and equally divide it out between N generals of fixed and equal hash rate, this is now classical BGP. You must be forced to concede that you are in fact saying that there is no solution to BGP at all, which is clearly false.

You are conflating the decentralized, trustless, Sybil attackable scenario with the scenarios where the precondition can be conjectured probabilistically and thus where Lamport's "solution" has quantitative merit/utility as I stated:

And that it is conditional, is why I rebutted smooth upthread that he was stating the problem—not the solution—in the decentralized context because the count can only be conjectured (e.g. probabilistic estimates of hardware failure which was the focus of the paper) in a centralized (non-Sybil attacked application).
2750  Alternate cryptocurrencies / Altcoin Discussion / Re: Satoshi didn't solve the Byzantine generals problem on: February 09, 2016, 10:40:12 AM
I wrote about the 'number/count of' not the 'set of' (where the latter requires knowing which of the generals are the traitors, not just the count of traitors).

There is no fault in my logic. Sorry dude.

Both the set of, and the count of traitor generals are unknown in BGP; that is the specification of the problem.

Yup but the 'set' remains unknown in the conditional solution (conditioned on only the 'count') offered by that white paper. You are wrong and there was no "poor conclusion" on my part. And what is with your condescending use of the word "another" since your prior attempt of presenting a white paper was also rebutted successfully by me.

And that it is conditional, is why I rebutted smooth upthread that he was stating the problem—not the solution—in the decentralized context because the count can only be conjectured (e.g. probabilistic estimates of hardware failure which was the focus of the paper) in a centralized (non-Sybil attacked application).

monsterer you are boastfully filling the thread with errors and useless noise. Stop the boastful and condescending and take more time to think over your points, so our discussion can remain high S/N and mutually respectful. When I asked you in the past to please cut down on the noise, you might have taken this personally. Sorry but I have limited bandwidth and time. So do readers. Try to make high quality contributions. I am suffering from an illness and it doesn't help when you shoot my cortisol sky high! And make very strong statements which require me to go read a white paper that I don't have time and energy to read. At least show that you aren't wrong most of the time, so you aren't being disrespectful of my limitations.

Edit: I can sincerely appreciate your contribution and also be totally unable to accept it if the S/N ratio is too low, because I have finite resources to expend here.
2751  Alternate cryptocurrencies / Altcoin Discussion / Re: Satoshi didn't solve the Byzantine generals problem on: February 09, 2016, 10:22:45 AM
Thus although the paper is correct to state that BGP is solvable if the 2/3 + 1 of the generals are loyal (i.e. 3m + 1 total generals for m traitors), the only way to know that precondition is for the system to be centralized so that the count of the traitors is known. Thus the white paper is poorly written (w.r.t. this issue) because it does not explain that there is no decentralized, trustless solution to the BGP and insinuates the opposite in the mind of the naive reader.

No loyal general ever knows if the system is loyal or not.

There is no decentralized solution to the BGP problem. Period.

Another poor conclusion. If the set of all traitors was known a priori, the system would be tollerant to any bound! That is the entire point of the problem; the set of traitor generals is unknown.

monsterer I am sad to conclude that you've turned into a time wasting Dunning-Kruger troll with a chip on your shoulder.

Your reading comprehension sucks! I wrote about the 'number/count of' not the 'set of' (where the latter requires knowing which of the generals are the traitors, not just the count of traitors).

There is no fault in my logic. Sorry dude.
2752  Alternate cryptocurrencies / Altcoin Discussion / Re: Thoughts on Zcash? on: February 09, 2016, 10:19:00 AM
...
Ah we have ArticMine the Malthusian who apparently religiously (irrationally) subscribes to the fable tale fraud of AGW and r0ach the Mathusian who doesn't appear to be aware that we can grow more food in our basements than we need:
...

This misses the crux of the problem. Why would we grow food in our basements if we do not need to? The biggest problem with hunger today is not lack of food production but massive food waste and poor food distribution. The choice here is not between depleted oceans and starving people, the real choice is between depleted oceans and not wasting food.

r0ach stated he is concerned about an insufficient supply of suitable farmland, and the information I linked to pointed out that we can grow food at 10X or more higher densities (on a yield basis) and without pesticides. Note this can be done at scale so not every person has to do it.

Your comments about me being a Malthusian relates to me pointing out the massive waste of perfectly good electronics, most of which are produced in China, in order to satisfy the DRM wants of organizations such as the MPAA.

No I was referring to your implied belief in man-made global warming (AGW), since you mentioned "greenhouse gases".

The link between attempts at intellectual property protection and ewaste, become clear when one finds out that one has to buy a whole set of new electronics just to support the new DRM for 4K Video, just as people had to replace their electronics just to support the previous DRM for HD video. Buy the way the new 4K video DRM has already been cracked, http://www.digitaltrends.com/home-theater/hackers-pirate-netflixs-4k-streams-for-the-first-time/ so now we throw out our electronics and buy yet again a new set?

I am not arguing for DRM hardware nor the corrupt aspects of the corporate music and video industry. DRM can always be cracked, because only end-to-end communications between loyal ends can remain encrypted.

You conflated my desire to help indie musicians get paid, with your claim that would require DRM. I disagree. My point was about State enforcement of copyrights by regulating Hosts and ISPs. Thus precisely my point is the decentralized file system protocols will be banned by regulation because those decentralized systems can't enforce (comply with) copyright.

If we stop this needless waste we can have both the pristine forest and the SUVs, with both sides of the "tree hugger" debate in harmony.

Only the Invisible Hand knows what is waste and what is necessary along the way of annealing the Second Law of Thermodynamics. Communists wolves in decentralized-sheep-skin think they are omniscient.

Another example: Of course distributed storage is incompatible with preventing copyright infringement. It really does not matter if the distributed storage consists of a crypto currency based or solution or people storing the information on 5.25in floppy diskettes and sharing the diskettes with each other via sneakernet! Don't copy that floppy. https://www.youtube.com/watch?v=up863eQKGUI The only way to prevent all copyright infringement is to create an Orwellian super state where every bit of information is closely controlled by big brother and every digital device behaves like the Telescreens in 1984.  By the way current devices such as Apple's IOS devices and Microsoft's ARM (Windows RT/Mobile) devices meet all the surveillance and control specifications of the Telescreens in 1984. They are also somewhat effective at "protecting intellectual property".

Note I had also stated an algorithm for sameness (i.e. algorithmically detecting infringement, and if invented) and a blockchain of who is first to claim ownership, could in theory replace the need for the State to enforce copyright. I also suggested having the decentralize file system respect an ownership signature that resolves to an active URL, so the blame can be placed on a URL that can be served the copyright infringement case. If the URL goes down, the decentralized file system revokes the files.

Absent the algorithmic solution I have proposed, the Orwellian state is unavoidable and so pursuing decentralized file storage (without the aforementioned blame feature) is a fool's direction. Ideology aside, because reality is paramount.

The fundamental reality here is that protection of intellectual property is at a very basic level incompatible with both:

You have not proved that. You are not omniscient. You are injecting your ideological delusion into a claim without proof. I explained above how intellectual property is compatible with freedom and decentralization if we invent the necessary algorithms to replace the role of the State.

1) A free and democratic society where people enjoy personal freedoms and civil liberties

Representative democracy will forever be an insoluble lie.

2) A clean and sustainable environment.

Non-sequitor.

Edit 1: In order to protect "intellectual property" effectively, the Orwellian super state would also have to destroy the world natural environments and replace them with wastelands of discarded electronics.

Wrong as explained above. Also it is ludicrous to assert that only electronics are causing environmental degradation. And please unconflate that environment degradation is an orthogonal issue to (the erroneous but alleged) AGW (allegedly caused by greenhouse gases).

Edit 2: Anonymous crypto currency such as Z.cash or its competitors will make enforcement of "intellectual property rights" even harder than it is today. So one may as well accept reality and change business models that belong in the 19th century rather than try to fight technological change.

Incorrect. You are not omniscient.

In theory the aforementioned algorithm can run and be verified in zero knowledge with zk-snarks.
2753  Economy / Economics / Re: Economic Totalitarianism on: February 09, 2016, 09:52:24 AM

Corrected link: http://www.thestar.com/business/2016/01/26/nervous-canadians-hoarding-record-amounts-of-money-in-cash.html
2754  Economy / Economics / Re: Martin Armstrong Discussion on: February 09, 2016, 09:46:18 AM
What do y'all think would happen if Socrates was open sourced?

Vested interests of people would never allow all people to avail of what the model advises to do at any given juncture, so if eveyone forsaked their vested interests then the model would control the world, but the model doesn't tell individuals how to produce and create new technology for example so it is impossible for all people to vest in the model.

I wrote upthread that the model can't be omniscient.
2755  Alternate cryptocurrencies / Altcoin Discussion / Re: Satoshi didn't solve the Byzantine generals problem on: February 09, 2016, 08:45:53 AM
My reply to CfB and smooth follows.

The Byzantine Generals Problem (BGP) is at its generate essence (i.e. conditions IC1 and IC2 in the white paper) whether a commanding general can collect the vote (e.g. 'attack' or 'retreat', or other information subject to a consensus) of the other generals and relay that result to other decentralized generals and have the vote of the loyal generals reflect the consensus, but without trusting that the commanding general is loyal. This is functionally equivalent to the case of each loyal general computing the vote independently (i.e. conditions 1 and 2 of the white paper).

Afaics the paper has an important omission which is that when the disloyal generals (traitors) are not colluding (i.e. can't trust each other) then they have no reliable means to disrupt the loyal consensus. So my analysis will focus on the case where the disloyal generals are colluding.

The paper does not also explicitly state that at any number of loyal generals other than exactly 2/3 (wherein the result will be inconclusive 50/50 conflict and failure of consensus), then it is undecidable (from the perspective of each general) whether the consensus result reflects loyalty or disloyalty.

Thus although the paper is correct to state that BGP is solvable if the 2/3 + 1 of the generals are loyal (i.e. 3m + 1 total generals for m traitors), the only way to know that precondition is for the system to be centralized so that the count of the traitors is known. Thus the white paper is poorly written (w.r.t. this issue) because it does not explain that there is no decentralized, trustless solution to the BGP and insinuates the opposite in the mind of the naive reader.

No loyal general ever knows if the system is loyal or not.

There is no decentralized solution to the BGP problem. Period.

(note also that the definition of oral messages assumes conditions A1, A2, and A3 which can't exist in a decentralized network where Sybil attacks are possible)


Damn my illness really restricts me. Normally I would go off on a tangent thinking about how such points ripple into the Halting theorem and unbounded recursion of Turing completeness, but I can barely sustain the mental focus to do the above. I need to get cured. This is really fucking me up.
2756  Alternate cryptocurrencies / Altcoin Discussion / Re: DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) on: February 09, 2016, 04:58:29 AM
UNprofitable PoW

This reminded me to tell that Iota shouldn't be mentioned together with UNprofitable PoW in the same phrase. The PoW is not subsidized (like 25 BTC in Bitcoin or fees) but it can still be profitable, Iota allows that. This nuance may confuse those who decide to dig deeper into Iota after reading what you wrote about it.

Do you mean the computation of the PoW can be outsourced from the payer and the payer could pay a fee?

In that sense our designs are equivalent then. The assumption is that such outsourcing will be driven to very low profit margins near to costs. Also the payer is still in control of whom they outsource to, so control is still decentralized.
2757  Alternate cryptocurrencies / Altcoin Discussion / Re: DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?) on: February 08, 2016, 10:48:09 PM
I explained upthread that the math is incoherent and there is no bound with profitable proof of work either due to k. I will formalize the argument in a white paper, not now.

There is, but not in a chain with blocks. You need one transaction per block for this.

edit: if you have blocks, you have to make assumptions about k in order to bound the acceptability.

Agreed on the edit.

So we can see that profitable PoW is not bounded either if k is unbounded, but you can argue that UNprofitable PoW is not bounded at any k > 0. But the retort is that difficulty in my UNprofitable PoW design will not be limited to a difficulty which makes the cost of mining precisely equal to the block rewards, and thus the difficulty the attacker is facing is unbounded which is not the case in Satoshi's PoW design where difficulty is bounded by profitability of the marginal miners. Wink

I asked you wait for the white paper, but there is a hint to you for you to chomp on interim time.



2758  Alternate cryptocurrencies / Altcoin Discussion / Re: Thoughts on Zcash? on: February 08, 2016, 10:29:34 PM
Spoken like a true Malthusian tree hugger who hates man-made fish ponds (especially those that recycle chicken dung as the fish food).

Sorry r0ach I can't listen to your marketing advice any more because you are one of those guys who is fighting the future.

I interpret MA says the danger of a Dark Age is if people like myself don't go innovate to enable the people to express their political will economically.

I think it's more to do with the fact I don't see a quantitative gain in the quality of life or quality of people between gains in technology from the 1980's to now.  People are just more disconnected from reality, and technology-wise, all we really got out of it is bigger TVs, the first stages of technological unemployment through automation, and infrastructure to create bigger, more powerful government.  We don't even have electric cars yet (that don't catch on fire and explode).  Ok, we got the internet, but for most people, the internet is just a giant entertainment box time waster to occupy all your free time.

For quality of life, first you needed a high school diploma to survive, then you needed a bachelor's degree.  Next you'll need a master's degree, then a few years later, you'll either need to have a PhD or inherit money or you'll be living like some type of peasant in a mud hut.  For most people, things will probably be getting a lot worse over time.  If you're going to have an increasing population with accelerating technological unemployment at the same time, that really just makes no sense and would force full blown, top down controlled socialism or constant civil war.

And yet you argue against providing employment for indie musicians by paying for their music  Huh

The internet opened the eyes to the people in Philippines and leaped forward from being ignorant about everything to being some of the most savvy social networking users and they fought to the right to go work abroad and the country has changed so much since 1991 when I first arrived.

I can put all my music on the same device I use to do mobile communications & calls. When i first arrived in Philippines in 1991, you had to send a mailed letter to your other party and wait days/weeks for the response. Now I can send an SMS in 1 second.

Etc...

And just ask the Amish about whether it is still possible to live the simple life if that is what you want.
2759  Alternate cryptocurrencies / Altcoin Discussion / Re: MAIDSafe coin to launch in this month! on: February 08, 2016, 09:54:29 PM
Torrents exist.

For a little while.

And KimDotFatCom is not in prison for a little while longer.
2760  Alternate cryptocurrencies / Altcoin Discussion / Re: Satoshi didn't solve the Byzantine generals problem on: February 08, 2016, 09:49:17 PM
Thus per the definition, Satoshi's PoW design is not Byzantine fault tolerant, because the metric of when it is fault tolerant is ill defined (can't be measured). An unknowable state is as reliable (fault tolerant) and a random result, thus no reliability exists.

This is exactly the same as the Byzantine Generals Problem, which is solved up to 1/3 faulty generals (and only then, unless you add externally-assigned identities and unforgeable messages). If there are >1/3 faulty generals, then the honest generals can not determine that they are being tricked, so they will commence a doomed attack and they will all die. This is fault tolerant up to 1/3 traitor generals but not beyond. There is no way for the honest Generals to measure the number of traitor generals. If they could, they would not be tricked into attacking and die.

Likewise, in Bitcoin if there is <50%* faulty hash rate, then there is no effective censorship and functional consensus (including on there being no effective censorship). If there is too much faulty hash rate, then the rest of the system can not measure the faulty hash rate and it can not determine that it is being tricked.

In both cases, an outside observer who is able to see all the interactions can tell the system has failed. Within the system you can not.

Who claimed it is solved with 1/3[2/3] of the generals are honest!

That is the statement of the problem. The problem is not fault tolerant!

The only fault tolerant design for a solution is with centralization which obviously doesn't address the requirements of the problem, .e.g as you say "unless you add externally-assigned identities and unforgeable messages".

Thus I wrote upthread there is no solution to BGP. The problem will never be solved as stated.
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