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1  Other / Politics & Society / Re: Nuclear economics: Thorium is Bitcoin - Holy Grail Moment on: July 13, 2011, 06:41:32 PM
Holy grail moment? It's a classic self correcting mechanism.

Examples include:

OČ:COČ atmospheric balance
The thermostat in your air conditioning unit
Toilet tank refill mechanism

There are practically thousands of examples out there

Classic? Yes. Recognized or even taken as a necessity in designing systems? No.
2  Other / Politics & Society / Re: Sweatshops in a realistic light. on: June 30, 2011, 02:16:59 AM
Exactly, but, ironically enough, the one who stole the land WAS the employer.

Isn't it magical how this all comes full circle?

How did the employer steal the land then?  There is something you're not telling me.

You know the way macropolitics always works, economic destruction by officials, land purchase by corporations, jobs worked by people who could have never had a practical opportunity to influence either decision.
3  Other / Politics & Society / Re: How does a Thorium reactor work? on: June 26, 2011, 03:49:52 AM
I have a degree in Nuclear Technology and I could explain the process in great detail, but really, this is stupid. Google the answer. You're just being lazy.

No, actually I'm missing some details but thanks for the effort.
4  Bitcoin / Development & Technical Discussion / Re: A proposed solution to adjust for lost Bitcoins: wallet 'heartbeats' on: June 26, 2011, 03:47:03 AM
No, the root of the problem that you are trying to find and cure would be divisibility.
It's amazing how many people insist I think divisibility is an issue.

I don't. You still haven't addressed my point that as the value of a bitcoin increases, the incentive to protect it from loss (or theft, but that doesn't decrease the bitcoin in circulation) increases. This, I think, will lead to the slowing of loss over time.

Right now that incentive is being expressed by feeding this thread not protecting better.
5  Bitcoin / Development & Technical Discussion / Re: Majority Protected Wallet Storage on: June 26, 2011, 03:41:07 AM
This is so good it put a price on your head from the banksters.

Lol I had similar notion just the other day using the symlink metaphor.

Go go go.
6  Bitcoin / Development & Technical Discussion / Re: Thought experiment. Coding a stable exchange rate. on: June 25, 2011, 08:15:35 PM
I would say go build it. It could be an interesting experiment.

Only, I think I do understand the criticism posed by AntiVigilante. Which is the criticism of globalized markets in general. Say you could peg hannesnaudecoin to the Dollar, then commodities priced in the Dollar but sold in Jakarta might be placed out of the reach of people there because of some seemingly irrelevant event in U.S. markets. This could be true even for commodities produced in Jakarta. Which, is a rather perverse but common effect of global markets. The strength of having a global currency that is not so 'pegged' is that it can have any value whatever for those you wish to trade in it, and so be as responsive as it needs to be to serve local markets. It is only by virtue of being trained to value things in Dollars that we also try to value Bitcoin in Dollars. Which is something that I think will change over time.

There are also those who think it is a good idea to try and peg Bitcoin to gold, which I suppose is also something you could try and do with hannesnaudecoin, making it a kind of gold certificate effectively. But this is how paper currencies started, which leads inevitably to fractionalization. In other words, the peg does not really hold. It sounds nice in theory, but the theory depends on human psychology which does not really work the way you imagine.

That's only the half of it. But yes that's the thing that throws my bat signal to plaid.

But more importantly Bitcoins can several exchange rates at the same time. Hell we could have it reference 8 currencies at once using octonions (complex numbers to the 8th dimension). We could even use a logarithmic scale. All we would have to do is require that the amount of time a trade would required to process in be based on logarithms.

Not only does Bitcoin avoid the global fixation it dances entirely at the other end of the street. And I for one cannot fathom what value there would be in a currency that doesn't serve everyone as necessary.
7  Bitcoin / Development & Technical Discussion / Re: A proposed solution to adjust for lost Bitcoins: wallet 'heartbeats' on: June 25, 2011, 12:28:44 PM
As we all know, the true number of Bitcoins in circulation will always be some unknown number less than the total number of Bitcoins mined. This is not ideal. Wallets can be lost, deleted, or the underlying media on which they are stored on can be damaged beyond recovery.

Are Bitcoins in it for the long haul? Or are they just a five year experiment?

I'm proposing a solution: wallet 'heartbeats'. I'm not sure if it is technically compatible with the existing software infrastructure, but I think it might be. If we define a heartbeat as connecting to the network, then perhaps wallets should give a heartbeat at least every seven years in order to remain valid. Any coins in a wallet that has not connected to the network for seven years become invalid and are made available to be remined, by some method that allows for their easy mining. Because I don't fully understand the mechanics behind the software, I don't know if this is possible, but if it is, I believe the idea has merit.

You could have symbolic links between addresses and unix-like permissions.

As long as the symbolic link exists the BTC would be transferable remotely from address to address without the original wallet. Bye bye lost coins.
Unix permissions would also prevent the theft that occurred at MtGox by allowing you to block transactions not authorized by you. You would pre-generate transactions which would be filled in by MtGox. That is you would control MtGox from the client. MtGox would not be able to create transactions without your wallet being online and sending requests.

Problem, criminal?

I think I'll work on this. After JSON is fully the format of the system. At this point I can't navigate the code like others can.
Unix permissions: Receive, Send, Operate
8  Bitcoin / Development & Technical Discussion / Re: Thought experiment. Coding a stable exchange rate. on: June 25, 2011, 12:18:43 PM
This proposal has got to be a quantum fluctuation of the cosmic anus.

There is NOT one single price for bitcoin and items. Not on my watch. The only price that exists is the price for two people making a trade. Exchange disasters should have no effect whatsoever on private and community trades.

Do you understand the devastation that is caused when prices for food in Jakarta explode because some twit behind a monitor typed in some numbers?

Hell no.

Why in hell would you build the ability to allow BTC scalpers to screw us all at the touch of a button?
9  Bitcoin / Development & Technical Discussion / Re: Proposal to solve bitcoin scaling problem on: June 25, 2011, 12:09:58 PM
The issue is a real problem, but you lost me at "the only niche I see for bitcoin". You must have all your ducks in a row. Not in the path of a single shit distributing fan. I wish I could envy your hallucination.
10  Bitcoin / Development & Technical Discussion / Re: [PULL] private key and wallet export/import on: June 25, 2011, 11:57:17 AM
When I try to dump my wallet, I get an error:

$ bitcoind -rpcuser='xxx' -rpcpassword='yyy' dumpwallet
error: {"code":-1,"message":"CKEy::GetPrivKeyInner(): BN_bn2bin failed"}

Sorry, yes, this is a known bug. It happens for 1 private key in 256. I'll fix it soon.

How soon in the system in the main client? And how soon the default format?
11  Other / Off-topic / Re: Complete explanation for all the hacks lately. on: June 25, 2011, 07:06:17 AM
When the going gets weird, the weird go pro.
- Hunter S Thompson

There is no cracking going on and you would know this if you just traced the protocol process.

All you are doing is finding rare outcomes. Hashes that look like 00000000BLAH. The number of zeroes is related to your difficulty.

That is all it is.
12  Other / Beginners & Help / Re: WHAT ARE THE LIMITS OF BTC ? on: June 25, 2011, 06:30:58 AM
Yeesh. I was about to troll this as yet another noob thread, but it isn't half bad.
13  Bitcoin / Bitcoin Discussion / Re: I just got "account claim successful" from Mt Gox - anyone else? on: June 24, 2011, 11:37:06 PM
Finally nice to see this train moving for people, I was lucky enough to be verified on the first attempt, but I did use two forms of verification to get it done. any countdown on when the market is going back up?

I did too.
14  Other / Off-topic / Re: fuck you mtgox on: June 24, 2011, 11:36:30 PM

This is seriously going to become a Bitcoin meme.

And it will result in more people using MtGox. Streisand effect is a bitch.
15  Other / Off-topic / Re: fuck you mtgox on: June 24, 2011, 10:43:58 PM
Speaking of LulzSec - you've been psyop'd by LulzSec.

That 62,000 password file does not contain the service at which it was used.
16  Other / Off-topic / Re: fuck you mtgox on: June 24, 2011, 10:42:00 PM
Thanks to your incompetence and lack of pre-planning the majority of my online accounts at various websites including paypal and online banking have been compromised including my one unactive warcraft account. I got a call today that my identity might of been stolen as well. I swear to god if I ever see you fucks in real life you better run.

You might as well get a scare cut, you mighty scare pulling person.
17  Bitcoin / Bitcoin Discussion / Re: Wikipedia wants to delete Satoshi Nakamoto page on: June 24, 2011, 10:27:44 PM
That page is worthless and should be merged.

What's with all the nerd rage?
18  Bitcoin / Bitcoin Discussion / Re: Wikipedia wants to delete Satoshi Nakamoto page on: June 24, 2011, 10:13:06 PM
Satoshi Nakamoto currently has a page on Wikipedia, however it looks like the page will go away. the page was originally marked for deletion, a discussion ensued, and they abruptly closed the discussion and concluded that it should be merged with the Bitcoin article. Despite the majority of those involved expressing interest in keeping the page.

If you are familiar with the wikipedia processes I would encourage you to participate in helping Satoshi keep his rightful place at Wikipedia.

There's a page for Anonymous. QED.
19  Other / Politics & Society / Re: Sweatshops in a realistic light. on: June 24, 2011, 09:50:56 PM
You fancy sexy time at the Time Cube Cabaret.

Correct market prices REQUIRE TWO TO TANGO. If one or both parties refuse a price, then IT'S NOT THE CORRECT MARKET PRICE.

Assuming price is the only bargaining chip is corporatist fail.

Too bad that a sweatshop worker working at a sweatshop, by default, accepts the price of his own labour. If sweatshops are evil because one/both parties refuse a price, then they cannot work because the workers would refuse to work there or the sweatshops wouldn't employ them, meaning that the problem of sweatshops would solve itself, but if the workers accept it then they are accepting the given price/wage therefore it is a correct market price making it is clearly disadvantageous for the workers to have their workplace removed. QED

You always leave out the military baracks, housing spaces, and war lords. QED.
20  Other / Politics & Society / Re: Nuclear Energy. Do you want more or less? on: June 24, 2011, 08:18:02 PM
The problem with nuclear energy (besides the scale issues, of which I agree with Jaime Frontero on) is that we have to figure out a secure way to store the waste that is beyond any time scale we can reasonably envision. Because of this, we essentially are creating incredibly toxic management problems for societies that we have no idea of. I believe it is an unfair burden for future generations to have to deal with, when we do not know what their capacity to deal with it will be, just so we can have more energy now.

Thorium is wasteless. It uses Uranium as a catalyst.
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