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881  Bitcoin / Development & Technical Discussion / Re: Can't NFTs work on Bitcoin? on: December 19, 2021, 12:51:03 AM
Obviously!
What we need to keep in mind in topic of NFTs (or by extension tokens) is that there has never been any connection between the token and the underlying object whatsoever. For example in case of artwork (digital or physical) it is an arbitrary data (eg. a hash) that is stored in a blockchain and a non-existent link between that data and the art.
You are accurately describing how NFTs work today, however, NFT as a concept is something that could potentially translate into real-world use.

For example, the Los Angeles County Register of Deeds could issue NFTs to real estate owners representing ownership of their property. The owner of a property could transfer their property to another person by transferring their NFT to another person. In this example, the Los Angeles County Register would need to agree (probably via statute) to recognize an NFT as ownership of a property. If you are buying a NFT representing ownership of real estate property, you would need to make sure the LA County Register actually issued the NFT (which can be done via reviewing the blockchain), and you would need to trust the LA County Register of Deeds, however, you need to do the later anyway if you are buying property in LA County.

The above could reduce the costs associated with selling your property, as it would make things such as title searches much easier, and would nearly eliminate title insurance payouts, which should reduce the cost of title insurance.

I do agree that the concept of using NFTs to transfer "digital art" is more or less bogus. It is trivial for someone to create a similar image of something that already has an NFT with a different hash, and to alter the image in a way such that it is difficult to find the original image (if you don't know where it is).
882  Economy / Scam Accusations / Re: Roobet scams FORCED TO GAMBLE on: December 17, 2021, 09:14:09 PM
That sure would be one way to combat people who use it as a money laundering platform.

?

Can you expand on this?

I see a lot of people saying it's normal. If it's their TOS, fine, they're not doing anything illegal but I find it morally questionable

I play poker (on fiat sites) and I never have wagering requirements for depositing my money. There are when I get a bonus. To release the bonus there are wagering requirements. I don't see how depositing money in a casino and withdrawing it all tomorrow if I want can be used to launder money.
When you deposit coin into a casino using bitcoin, the coin you receive from a withdrawal will not necessarily be spend-linked to the deposit transaction. So if you have stolen coin, you could deposit it into a casino, and the withdrawal you receive would not be associated with that stolen coin.

Obviously, law enforcement could simply ask the casino what happened to the deposit, and could then continue to track the history of the coin you received.
883  Bitcoin / Development & Technical Discussion / Re: Developer: Write code to generate all possible private keys on: December 17, 2021, 05:26:48 AM
when will that be feasible? probably not in the next 10 years right?
That's 390 zettabytes. Various estimates (linked below) put global storage at around 175-200 zettabytes by 2025. So globally we will be storing 390 zettabytes by around 2030, I would imagine. How long will it take to turn the storage for 8 billion people in to a medium which can be bought, owned, and operated by a single person? I would say well over 100 years.

 dna could store that in about 3 kilograms apparently. dna data storage has its issues though. so it won't make the cut to users desktops.

I'm sure when hard drives were first developed they had a high research cost to write to them also. but obviously it goes without saying price has to come down to reach consumers desktop. it always does.
The price to read/write to "DNA" will come down, but the cost to process that much data will exceed the available amount of resources required to process that much data. See the above picture posted by NeuroticFish above.

in order to check n private keys, the computer would need to perform n calculations.
It's far more than a single calculation per private key to arrive at an address which can be checked for balance. And if you don't want to perform those calculations every single time you want to check for balance and would rather just have a list of addresses to look up, then you are going to need to multiply your storage capacity several times if you want to cover every address type.
You are right. I was thinking in terms of Big O Notation for the time complexity of calculating an address, based on a private key. So if you want to calculate j addresses from their private keys, you will perform p * j calculations, and if you want to calculate (j +1) addresses from their private keys, you will need to perform p * (j + 1) calculations. Or, to put it another way, for every additional address you want to calculate from a private key, you will need to perform a consistent additional number of calculations, with the consistent being a positive integer. 
884  Bitcoin / Development & Technical Discussion / Re: Intro: Broadcast Delay Bitcoin Inheritance Protocol on: December 17, 2021, 03:32:43 AM
Excuse me from asking, but how does that differ from the current locktime feature?
If I understand correctly, address A belongs to Alice. Address A can send to any address upon the signature of address A.

Address B, belonging to Bob, Alice’s son, (the associated private key) can also cause unspent outputs from address A to be sent from address A to address B. The private key associated with address B can spend any output from address A, but only after x blocks since a transaction was sent to address A from address B. Address A can spend any output from address A to address B at any time.

The above means that the benefactor can spend some of his coin without having to provide an updated transaction or key to the heir.   
885  Bitcoin / Development & Technical Discussion / Re: Developer: Write code to generate all possible private keys on: December 15, 2021, 07:46:31 AM

Code:
32 * 2^64 = 2^69 = 5.9E+20 bytes = 590,000,000 terabytes

when will that be feasible? probably not in the next 10 years right?
Storing all private keys is pretty pointless, IMO. Simply storing a list of private keys without the ability to a) quickly access the corresponding public key and address, and b) quickly check if the associated address in "a" has received any transactions, will not provide much value to anyone.

As an example, I currently have all possible private keys stored in my head. This includes all of your private keys (although I have no way of filtering out all private keys that do not belong to you). However, my brain cannot quickly calculate an associated address from a private key, so the process of obtaining an address from any private key in my head is very slow. The process for me to look up if an address has received a transaction is even slower.

The above concept can be applied to a computer that is able to store all private keys on a hard drive. Even if a computer could quickly check many private keys to see if a private key's associated address has received a transaction, in order to check n private keys, the computer would need to perform n calculations. The number of private keys is too large for any computer to ever perform any calculation on all possible private keys, given theoretical computational limits.

was thinking 
how much is it gonna be in data TB , if range 64 would be safed uncompressed,
raw txt file, and only this range is it doable?
It would be silly to store things in string form, for example in this case it would be 51-52 bytes versus 32. So to compute the total size needed you just multiply the number of items by the raw-byte size which is 32.
Code:
32 * 2^64 = 2^69 = 5.9E+20 bytes = 590,000,000 terabytes
If I am not mistaken, you are describing the amount of space required to store all private keys as 32 bit integers. Most private keys are numbers that are greater than 32 bits.
886  Bitcoin / Development & Technical Discussion / Re: Developer: Write code to generate all possible private keys on: December 14, 2021, 03:40:50 AM
It should be assumed that the first 2^40 private keys have already been broken and are inside some local database (330*64GB or about 21TB large uncompressed) so they must not be used for whatever reason.
Same for last 2^40 private keys, first 2^40 even PKs, first couple prime number PKs and so on.

but how would someone know if their private key was in that range? especially with hd wallets and such they aren't checking things like that. hopefully their funds dont get stolen. oh also the middle 2^40 private keys whatever those are would probably be sitting inside some kid in their basement on their hard drive.
The chances of a private key being in any 2^40 range is approximately 1 in 10^67, or approximately zero.

Wallets could potentially black list those private keys, but if that was a mainstream thing, crackers could simply monitor the next 2^40 set of keys (and this process would continue).

I seriously doubt that the key 2^35 is being actively monitored, and I doubt that someone that naturally generates this key is going to have their coin stolen.

Sure, if you say to send coin to an address associated with a key in that range in the next month, there would be a guarantee that monitoring those addresses would present an opportunity to see coin stolen. But monitoring all those addresses for years, or even decades would be much more expensive, with no assurance that the attacker would be able to receive any coin as a result of monitoring all those addresses.
887  Other / Meta / Re: Importance Of Merit Sources || Why do we need merit Source? on: December 14, 2021, 03:25:58 AM
I listed only Active members. Smiley
Yeah, and it was inevitable that what you listed would happen.  Not everyone here cares about the merit system, and I doubt Theymos expected everyone was going to.  So yeah, merit sources are a necessity to keep the whole machine greased and operating smoothly--and obviously Theymos was very forward-looking in having members volunteer to be sources.

I've got no problem with those so-called merit hodlers.  Everyone's got their own opinion of the system and no one is required to participate in it, so I wouldn't be quick to lay a guilt trip on them.  Just my opinion.
Even if everyone spent all their sMerit, the merit system would eventually run out of sMerit. Without merit sources, the total amount of merit that could be sent would be appropriately (but under) the amount of merit that was air dropped.

Obviously, not everyone will care about anything, but I think the response to implementing the merit system was very strong. I think a lot of farmers pushback on the merit system pretty strongly (they also tried to use their air dropped sMerit to their advantage, often without success).
888  Economy / Service Discussion / Re: Jack Dorsey is developing an economic platform (Blocks) on: December 14, 2021, 03:00:49 AM
I just tried about 15 TLD and all of them are taken, so i can see why they decide to choose .xyz rather than longer domain with .com TLD (such as block-dev.com). Even so, it still give bad first impression even though their business already established.
The whois for block.xyz changed in mid-December. My guess is that Square (who was named square at the time) purchased the domain around that time.

It's interesting fact. But since it's .xyz domain, i wonder if they tried to get better TLD (such as .com or .io), but only owner of .xyz is interested to sell the domain.
Its possible that xyz was the first to respond, or other owners of other TLDs were able to find out that square was trying to buy “block.*” and tried to get exorbitant amounts for the domain.

I would think that a referral link on block.io would generate a decent amount of money, so a high price wouldn’t be completely unreasonable.
889  Economy / Service Discussion / Re: Jack Dorsey is developing an economic platform (Blocks) on: December 12, 2021, 11:07:31 PM
I can't believe they actually use .xyz rather than .com or .io. For a second i thought you include wrong link.
Most common/famous domain extension with the domain block is already taken since its considered as premium domain. Maybe some are for sale but with too high amount of course. .xyz is too suspicious and cheap extension actually but since the business is already established I guess the domain extension doesn't matter anymore.

I just tried about 15 TLD and all of them are taken, so i can see why they decide to choose .xyz rather than longer domain with .com TLD (such as block-dev.com). Even so, it still give bad first impression even though their business already established.
The whois for block.xyz changed in mid-December. My guess is that Square (who was named square at the time) purchased the domain around that time.

No, he is trying to ride a trend to get rich quickly. Compared to coinbase, square is overvalued by a factor of about 5 (so if coinbase's price stays flat, the price of block should fall by about 80%).

Going to have to disagree with you there.
From what I see square is everywhere1. Just about every small merchant I have been in lately is using them.
I think between their aggressive CC processing fees and cashapp integration and online ordering included for restaurants and so on they are just grabbing business.
Add in the payroll and banking stuff that they do and I really see them just taking over.

-Dave
1 Admittedly it's a small everywhere, but all over the place in downstate NY and NYC, southern CT and northern NJ. Which is admittedly all urban / dense suburbia. For all I know they don't exist out of this area.
Square Block does seem to have a decently sized market share for credit card processing for small businesses. However payment processing is a very competitive business.

Most of Square's valuation seems to come from its Cash App business. They charge fees to do things like withdraw to their bank account "instantly" or withdraw from an ATM. I am actually surprised that anyone would pay for these types of services. Maybe I am just lucky that I am able to keep enough money in the bank so that I would never need to utilize this type of service.
890  Bitcoin / Press / Re: [2021-11-23] Regal Partners with Flexa to Enable Crypto Payments for Movies on: December 12, 2021, 09:51:59 PM
Most stores use third party providers to process non-cash transactions, such as credit card payments, so using a payment provider for crypto shouldn’t be surprising.

Regal (and AMC) is one more reason why someone might want to hold bitcoin.

I would actually be surprised to see many companies accept crypto directly (without some kind of payment processor). For the average person, using bitcoin means they blindly downloading core or electrum (possibly verifying the hash in the process). This procedure would not work for most companies, as generally, someone within the company would need to review the code, and approve its use before implementing it. A payment processor can provide its own hardware and a guarantee that payment will be received under specific circumstances.

Yes with a but, many larger businesses are (were) doing it themselves. The corner store is going to use a 3rd party processor. The local gas station is going to use a 3rd party processor.
But, BP as an example, if you go to one of their corporate owned stations does process cards themselves. A couple of airlines do (or at least did) as did a hotel chain.
It just made for a more integrated setup. Admittedly I have not dealt with that stuff directly for years but I know there used to be many places that did it themselves.

Is AMC / Regal large enough to be be able to do it themselves for a better cost then 3rd party? I don't know.

For crypto payments it size / better cost / more efficiency many not even matter. They can start with 3rd party, see how well it goes. If it goes well they keep with it and bring it in-house.
If it does not go well, then they shut the program down.

Kind of like how WalMart is on their 3rd or 4th revision of their credit card. They keep trying different things to see what will work, so far all of them have imploded, but if one really finally does I can see them leaving their current provider and bringing it in house.

-Dave
Tesla for example, employs a large number of software engineers in order to develop and improve their cars (this is likely to be mostly the self-driving capabilities), so using some number of engineers to create a back-end capable of processing credit card payments would likely not have a major business impact, nor require hiring additional engineers. So Tesla can implement some system to accept bitcoin themselves with nearly zero cost.

You could probably not make similar statements for most other merchants that sell directly to consumers. Walmart for example likely has an analytics team that is decently sized that can help with things such as pricing and staffing (and other things that have tangible metrics), but I don't think they would normally create software that does something other than to help allow someone to make a decision. So Walmart would probably need to hire a team of software developers to implement payment processing software if they were to handle processing bitcoin payments from customers in-house.
891  Other / Politics & Society / Re: General Milley apparently committed treason on: December 12, 2021, 09:19:57 PM
In my opinion, Milley should be subject to court marshall because of treason.
Bringing charges is ultimately up to the current administration (the Biden Rice administration.

Milley has towed the Democrat party line, so he is unlikely to face any kind of consequences.
892  Economy / Scam Accusations / Re: Roobet scams FORCED TO GAMBLE on: December 12, 2021, 07:54:07 PM
I don’t think it would be a very effective way of detecting money laundering (or attempting to do so).
It's not, but wager requirements have been justified before with similar ideas and rhetoric. KYC before deposit would work better, though not perfectly either - for every solution, there's probably a workaround.
A wagering requirement would probably do less to combat attempted money laundering than some kind of KYC requirement. The expected cost of attempting to use the casino as a means of laundering coin would be the wager requirement times the house edge (the higher your deposit is in relation to the minimum bet amount, the closer your actual cost to the expected cost will be).

A KYC requirement provided there is a sufficient chance the verification process will actually determine the identity of the person submitting the documents should prevent someone from attempting to launder coin.
Like I said, though, a little strange to deposit into a casino without the intention of betting.
In theory, someone could deposit a large amount with the intention of stopping to gamble if they have exceptionally bad or exceptionally good luck. I do agree that not gambling anything is not expected behavior of someone depositing at a casino.
893  Economy / Scam Accusations / Re: Roobet scams FORCED TO GAMBLE on: December 12, 2021, 04:02:59 AM
That sure would be one way to combat people who use it as a money laundering platform. I've seen much more stringent wager requirements than 25%. Smiley
I don’t think it would be a very effective way of detecting money laundering (or attempting to do so).

Someone who wanted to try to launder coin could simply repeatedly bet the minimum bet, having the maximum chances of winning each bet, then withdraw once they have bet 25% of their deposit.

A 25% wager requirement might cut down on the number of stupid people using their casino as a mixer and the number of requests from law enforcement asking about what happened to various deposits.

I personally think the OP is less concerned about the wager requirement and more about the confirmation requirement.
894  Other / Politics & Society / Re: Up Like Trump on: December 12, 2021, 03:54:31 AM
Five years down the line, Trump has proven himself to the American people, and there'll probably never be another President like him. He came in from the outside to transform Anerican but America refused to be transformed. The special interests has hijacked the once greatest national on the face of earth.

He tried to remain in power after losing the election.

That makes him a failed authoritarian.
Trump tried to change the outcome of the election before it was voted on.

That makes him a politician.

There is really no other way of looking at it.

I'm talking about after the election silly.


Quote
He tried to remain in power after losing the election.

That makes him a failed authoritarian.

Trump attempted to influence a specific vote before the votes were cast. This is very similar to what happened when Trump was elected in 2017, and when W Bush was elected in 2001, and 2005. 
895  Bitcoin / Press / Re: [2021-11-23] Regal Partners with Flexa to Enable Crypto Payments for Movies on: December 12, 2021, 03:51:53 AM
Most stores use third party providers to process non-cash transactions, such as credit card payments, so using a payment provider for crypto shouldn’t be surprising.

Regal (and AMC) is one more reason why someone might want to hold bitcoin.

I would actually be surprised to see many companies accept crypto directly (without some kind of payment processor). For the average person, using bitcoin means they blindly downloading core or electrum (possibly verifying the hash in the process). This procedure would not work for most companies, as generally, someone within the company would need to review the code, and approve its use before implementing it. A payment processor can provide its own hardware and a guarantee that payment will be received under specific circumstances.
896  Bitcoin / Press / Re: [2021-10-5] New York's next mayor wants to be paid in Bitcoin on: December 12, 2021, 03:33:16 AM
It's only a few paychecks. It gives a public signal, a pretty important one, but it's really only for the show, not a full commitment. I.e. when something goes wrong, like price falling, the damage is no that big and selling is a very easy option that won't need publicity.

Politicians are very good in larping. They will larp for anything if they speculate that it will give them more votes, give more budget for their political campaigns or if it would make them millions. However, wait for the federal government to begin their campaign against bitcoin and the cryptospace and watch these larpers’ reactions. Will they fight for bitcoin?
Considering that all of the financial markets in NYC and the influence that NYC banking and markets have to federal regulation I see it the other way. If it was a small city in the middle of nowhere then that's a different story.

NYC = Largest city economy in the US, PRO BTC
LA = 2nd largest city economy in the US, PRO BTC
Chicago = 3nd largest city economy in the US, no idea, never heard any politician from there talk about it.
San Francisco / Bay area = 4th largest city economy in the US, PRO BTC

Will there be a fight for more regulation from the feds, probably. Will the feds try to ban it, no, not with that kind of money (read tax base) behind it.

-Dave
Those city’s economies are the biggest because of private employers, not their governments. You are citing government support for crypto, not private support. I might also note that all those cities have single party rule, so supporting extreme policies is not necessarily a political risk (not that supporting crypto is a radical policy).   

I would be more interested if major companies started supporting crypto
897  Bitcoin / Press / Re: [2020-12-07] Berkshire's Charlie Munger Praises China for Banning Crypto on: December 10, 2021, 02:15:19 AM
The person is 97 years old and maybe doesn't even know how to use the internet correctly lol, he's surely a successful man with Berkshire Hathaway but I believe his opinion on crypto should be ignored since he doesn't even understand the idea behind it. He's too old for this new tech.
Age is not a factor in his stance. He is basically running a major insurance company, and needs to understand technology. I would confidently say that he (or someone that reports up to him) has used bitcoin for testing purposes on behalf of his company.

I think his concerns about crypto is that it is difficult to predict in terms of the price, and in terms of legitimate transaction volume (in terms of transactions that are not to yourself). So if many people use crypto, it will become more difficult to value companies, especially private companies (or importantly, companies with competitors who are private). It would similarly be difficult to judge a particular market for similar reasons.

All of the above is how his company makes money.
898  Other / Meta / Re: Bitcointalk - if it's not broken don't fix it on: December 09, 2021, 03:43:19 PM
It’s not really a Boolean question of it being broken or not, but rather more on the cost of opportunity the current software represents in relation to having a much more customizable, secure and dynamic evolving software that could benefit the forum on all fronts (user, programming, admin/mods, [advertisers]).
New software is always very expensive to develop, given the high cost of developers/engineers.

For whatever reason, SMF appears to be fairly inflexible.

Of course, something’s clearly gone wrong along the way with the new software, likely time and over again, and I’m sure that, were it to be ready today for the migration, it would require a breath-taking amount of time to kick-off, supervise, correct and evolve over the following months, all of which require setting aside ample available time and resources (be them prime or delegated) to embark.
At the end of the day, a forum is a database, and forum software will query said database.

Part of a forum database is various permissions that each user has -- this can be simplified by creating user groups that a user is assigned to, and giving the user group various permissions, and flexibility can be added by adding multiple group types, such as 'native_rank, paid_group, and banned_group'. For example to check if a user has permission to do something, the output of MIN(banned_group, MAX(native_rank, paid_group)) could be used.

Forum software ultimately needs to be programmed to make various database queries, and present the output of said queries in a user-friendly format.

When you look at forum software as the above, your only limitations on features are your ability to create programmatic database queries.

I really don't think there is any reason to reinvent the wheel. I would propose creating a flask app for the new forum software. Adding new features would be as simple as editing the database schema (if necessary), writing a SQL query, and editing a little bit of HTML.
899  Other / Politics & Society / Re: Up Like Trump on: December 07, 2021, 08:57:16 PM
Five years down the line, Trump has proven himself to the American people, and there'll probably never be another President like him. He came in from the outside to transform Anerican but America refused to be transformed. The special interests has hijacked the once greatest national on the face of earth.

He tried to remain in power after losing the election.

That makes him a failed authoritarian.
Trump tried to change the outcome of the election before it was voted on.

That makes him a politician.

There is really no other way of looking at it.
900  Other / Meta / Re: The curious case of the forum's three millionth user on: December 07, 2021, 06:21:17 PM
Now, if you can answer these questions, then I can agree with your opinion.

1. Is there a chance Theymos saw the contents of thread 3? Internal settings of the forum.
2. Sirius or did Satoshi remove this thread? I ask because I see Theymos's account was registered two months after the forum was created.
3. I would like to know if there is a way to see which of the users posted messages in thread number 3?

1, 2, and 4 exist in the staff forum. 3 was permanently deleted at some point (it must have contained Satoshi's real name and address).
I previously answered your questions, and the answers are unlikely to have changed in the preceding 9 months.

I think most likely, thread 2 had content that is similar to thread 3, and satoshi was testing the functionality regarding deleting threads (and possibly posts). He may have made one or more modifications to SMF after deleting the thread.

I am not sure as to where any of threads 1, 2, or 4 were located, or which users were able to view that sub at the time were.

If there were restrictive permissions on thread 3, it is unlikely that anyone except satoshi ever saw that thread. If thread 3 was ever public, it is possible that google or another search engine indexed it, however I think that is very unlikely because satoshi made the first public post over two and a half days later.

I can say with a high degree of confidence that there were no replies to thread 3, and anyone looking closely will agree with this statement. This assumes that anything having to do with thread3 was done prior to satoshi's first post.


Anyway, I think it is most likely that you are a very old forum member. My guess is you have been involved in the forum for the greater part of a decade, if not longer.
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