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1061  Bitcoin / Development & Technical Discussion / Re: [Lightning decentralisation] Routing around hubs on: August 30, 2019, 04:04:06 PM
could Lightning decentralisation be improved by giving node operators a "do not route" config option?

Node operators are already able to create private channels which are not announced to the rest of the network.

I don't mean that at all

I mean:

public nodes, with publicly announced channels, NOT routing through specified nodes (e.g. nodes with high amount of channels) to prevent routing from becoming dominated


What if some nodes somehow faked (lowered) the number of their channels? A channel is considered not capable of routing when it is offline. What if it could be exploited in some way?

right, sybil style de-identifying. LNbig already split themselves into multiple nodes, but (obviously) they continue to identify themselves as LNbig run nodes


that's why I also mention positive preferential routing, i.e. a "please use these nodes to route, if possible" routing algorithm

that way, a node operator can choose a bunch of nodes for whom they know (or are at least confident) are run by small independents, and make sure those small independents always get favorable treatment when routing

possibly, large trampoline (routing delegation) nodes could be similarly shown routing preference if they have a "good" preference list, but I don't think it can be proven that trampoline nodes were using routes that avoid hubs, at least with how the Lightning routing protocol works now... not sure about this



1062  Bitcoin / Development & Technical Discussion / Re: [Lightning decentralisation] Routing around hubs on: August 30, 2019, 12:51:52 PM
Dave, you're confusing "routing" and "payee"


All payees would be reachable, but hubs could be routed around in order to lessen their influence on the network (using your example, the only way one couldn't recieve money from an invoice issued to A would be if A only has open channels with hubs that B, C and D are routing around)

additionally, DONOT-route(hubA, hubB) could easily be PREFERENTIALLY-route-around(hubA, hubB)


this would be user controlled, opt-in. that is in no way contradicting the open nature of the network, it is intended to help reinforce openness



so you've misinterpreted the whole idea completely, unfortunately
1063  Bitcoin / Development & Technical Discussion / [Lightning decentralisation] Routing around hubs on: August 30, 2019, 11:59:45 AM
  • could Lightning decentralisation be improved by giving node operators a "do not route thru X" config option?
  • could the obverse be achieved by allowing clients to preferentially route through nodes with some definition of "fewer" channels?
  • how might this affect fees?
  • how might this affect liquidity?
  • how (if at all) might this inter-operate with delegated (i.e. "trampoline") routing?


trolls/trolling not tolerated

please post questions and/or answers

1064  Bitcoin / Bitcoin Discussion / Re: Coindesk & Cointelegraph give Fake News on: August 30, 2019, 11:41:44 AM
I'll keep on reading The economist. I don't always agree with what they're saying, but I know that at the very least, the journalists there, have done some research before writing.

The Economist is majority owned by the multi-billion euro Schroeder financial group (and the corresponding family dynasty that's controlled Schroeders for over a century).

Make of that what you will. The Economist also has various unsavoury minority owners.


Here's what I make of it: The Economist is arguably the best crafted propaganda out there, bar none. And that's because so much of the content is so well researched and well written, especially the parts that are subtly against the interests of it's readers.
1065  Other / Serious discussion / Re: It's hard to know who to believe. on: August 30, 2019, 07:36:00 AM
Those who deny climate change typically belong to the established coal, petroleum, automobile industries. It is but natural that they don't want anything to eat into their substantial profits.

no, this is incorrect

the fossil fuel industry is promoting the anthropogenic climate change agenda rather heavily, and they stand to gain, for this reason:

Storage isn't mature enough to allow renewable sources to cater to base load requirements on their own. That is why we still need Coal/Gas fired plants.

fossil fuel industry plan to benefit from these circumstances thusly:

  • Promote carbon credits legislation
  • Continue extraction and usage of fossil fuels
  • Use new tech to slowly reduce the CO2 output of extraction & energy production (scrubbers, sequestration etc)
  • Record how much CO2 emissions they prevented
  • Sell the amount saved to us, as carbon credits

can we trust them, and the regulators who measure and certify their efforts, not to cheat? I doubt it, personally

if your point is (and it was): "we can't trust big oil or big energy in general", you'd be right. But look at what you're trusting them with when you accept the anthropogenic climate change position



can you see the greater political danger in giving this much more power to a group of organisations, who openly admit they are a cartel, over which significant armed conflicts have dominated the past 100 years, and all of that at the expense of everyday people whose political power is rapidly diminishing?

You are being tricked by these very powerful people, please get a grip before they institute any of this planned power-grab



If someone denies it by saying that CO2 isn't that bad, which side should I err towards?

it's not that simple

how much is bad? The fact that you are willing to use such open-ended, non specific expressions leads me to believe that you don't even care what the details of the pro anthropogenic climate change argument even are

because the pro-anthropogenic change argument is not "CO2 is bad"

the argument is "this proportion of CO2 is bad"


guess what? I agree with the latter statement. I disagree with anthropogenic climate change proponents on what the dangerous proportion is.

and the major flaw in the argument: reality agrees with me. cherry picked statistics, of course, do not, and that's the only way that anthropogenic climate change arguments can be made; using biased statistics and computer models that reinforce the anthropogenic hypotheses, but deliberately ignore the overall context that does not support the anthropogenic hypothesis

the evidence that biased statistics and computer models are being used to further the anthropogenic argument is abundant, and increasingly so
1066  Bitcoin / Armory / Re: Ubuntu to Windows Wallet Migration Good or Bad Idea? on: August 30, 2019, 06:57:30 AM
Which download is the one that applies to the Offline PC?  I'm asking because I want to know if the .deb file for the Offline PC includes all needed dependencies.  I plan to setup an Offline PC with the latest Ubuntu 18 LTS. Therefore, it would be helpful to know which download is the correct one to setup an Offline PC.  Any help will be greatly appreciated.


I do not know from the top of my head, but...

what you need to know (IIUC) is which version of the GCC compiler comes with Ubuntu 18 LTS. If it's a version < 7.2, you want the first Armory package. If 18 LTS has a GCC version >= 7.2, it's the second Armory package.

the consequences of being wrong are perfectly ok, your Ubuntu package manager will tell you "I haven't got GCC version 7.2". It seems very unlikely that 18 LTS has GCC <4.9, version 4.9 is pretty old
1067  Bitcoin / Press / Re: [2019-08-28] Bitcoin And Cryptocurrencies Are A Hedge For Bad Government on: August 29, 2019, 01:25:55 PM
there is no place that is safe from power hungry, inflation loving central bankers plus the power hungry politicians who are more than willing to sell their citizens out in order to enrich themselves.

let's not forget that there are citizens who'll sell out fellow citizens also, especially in pressured circumstances.

when the built-up problems in the centralised manipulated markets are finally and fully released, there's gonna be some desperate people out there, that could be much more amoral than you remember them before the mother of all recessions.
1068  Bitcoin / Bitcoin Discussion / Re: Becoming Financially Free With Bitcoin on: August 29, 2019, 01:16:50 PM
I bought some Gold in 2013. I had to wait 6 years to see profit on that Gold investment.

Be patient and the money will come.

try not to measure your success in dollars


don't forget, the whole reason why the circumstances that are giving people this opportunity is: inflation

and inflation means that the value of the currency, it's purchasing power, is deteriorating (which you have realised....)


so that means the currency you're transtioning from is not a reliable measurement, so don't measure anything with it!


count in ounces (of gold/silver) and satoshis
1069  Bitcoin / Press / Re: [2019-08-15] Hong Kong Is Paying Higher Prices for Bitcoin Amid Political Unrest on: August 29, 2019, 11:22:47 AM
Then we have to ask ourselves what these coins are used for. If it's just a tool to move value between countries and have it converted back to fiat, then this specific form of use won't really add much value long term speaking.

there are reports that Hong Kong retailers are choosing to accept Bitcoin and other cryptocurrencies as a way of supporting Hong Kong's independence movement. If this continued, it might be surprisingly easy for Hong Kong to be the first jurisdiction in which cryptocurrency plays a major/dominant economic role. Hong Kong is very small and densely populated, and the independence activists are staunchly rebellious. This is actually more or less the perfect circumstances for such a thing to happen.




if anyone from Hong Kong is reading, I say:

you can do it
1070  Bitcoin / Bitcoin Discussion / Antiviruses on: August 29, 2019, 08:05:44 AM
I'd still always recommend people who are using windows or mac to always use an AV. It usually brings more value than it creates inconveniences.

my experience was the opposite, anti-virus didn't save me from a single thing, and inconvenienced me from doing what I wanted to at least a handful of times


and really, it's another way of saying "Windows and Mac are insecure by default"

and some company makes your Win/Mac computer secure, for free? because some tiny percentage pay for the "full" application?

I'm amazed that anyone ever believed this (including myself, I believed it up until the early 2010's)
1071  Other / Serious discussion / Re: It's hard to know who to believe. on: August 29, 2019, 07:56:53 AM
Solar power generation effectively has zero emissions while Coal fired plants have to deal with SOX, NOX, PM too. This may not be a huge issue in developed countries but in developing countries like China and India, steps have just been started to manage these other emissions.

right, one almost never hears anyone talk about sulphur or nitrogen dioxide, yet they're directly bad for the health, and possibly have a detrimental effect on the overall ecosystem also (don't know enough about the consequential effects)


Hence, Parallel targets of solar energy are desirable.

I don't totally agree with this

The storage technology for renewable energy is both required and immature (it's very immature considering how old the energy storage field is), if significant proportions of energy production is to be changed to renewable sources. It's the ideal, but until then, renewables are best used to smooth out peaks in demand, as that supply profile matches what the tech is actually capable of in the actual real world


The argument about "Manufacturing of Solar Panels and Batteries" adding to CO2 emissions is on thin ground too

the argument that CO2 emissions even matter is similarly thin on the ground (as is the proportion of CO2 in the atmosphere Tongue)


the foundation of the whole anthropogenic warming argument was rocked this week: the climate sceintist that produced the famous "hockey stick" graph of temperature rises over C20th lost his court case.


how did he lose his case? he refused to present his methodology that produced the hockey stick graph in the court room. think about that; the methodology that produced the famous hockey stick trend graph was not publicly available then, and it's still not available now

what sort of scientist does that? loses a court case, a civil libel case which he instigated, by refusing to present the evidence that proves his case? what sort of science cannot withstand the scrutiny of a courtroom?
1072  Other / Politics & Society / Re: Andrew Yang and Blockchain (Forbes- article) on: August 29, 2019, 07:34:21 AM
He says that if elected he want to implement a blockchain-based mobile voting system, I don't really think it's still feasible
not because we lack the technology, it's already here; but there is still too many technology illiterates out there.  

he's economically illiterate himself (democrats often are)

he claims to support Bitcoin (hard money)

yet he also supports giving away free money (inflationary)


hard money and price inflation cannot co-exist, he's either an idiot or trying to send mixed messages deliberately
1073  Bitcoin / Bitcoin Technical Support / Re: S/HDD FOR Bitcoin Core on: August 29, 2019, 07:28:11 AM
I can't recommend you any SSD without knowing your budget, computer specs and desired capacity. SSDs can utilize either SATA ports or m.2 slots. m.2 SSDs can either use SATA III or PCIe for data transfer. The latter is significantly faster.

If you don't have much money then you can buy a small SATA SSD (256 GB) for the operating system, programs and Bitcoin Core. You don't have to keep blocks database on the SSD. Leaving the chainstate (~4 GB) on it should speed up a node a little.

this

any speed advantages are almost entirely dependent on the chainstate directory being on a fast disk, flushing the chainstate to a big slow mechanical disk does not impact performance of the node at the present time. running chainstate from a big slow mechanical disk hurts node performance alot (i.e. startup, IBD, tip validation)

if you buy an SSD big enough to fit the blocks too, it's somewhat of a waste of money. the chainstate directory is only ~2-4GB, so really you can buy a very small cheap SSD. 64GB is more than enough


1074  Bitcoin / Press / Re: [2019-08-28] Bitcoin And Cryptocurrencies Are A Hedge For Bad Government on: August 28, 2019, 10:32:26 PM
supposedly, people in Hong Kong are now using Bitcoin in greater numbers in case the Chinese government try shutting protestors' bank accounts. and to undermine government control of the HKD, perhaps
1075  Bitcoin / Press / Re: [2019-08-28] Chainalysis Reports Most Cryptocurrency Mixed For Personal Privacy on: August 28, 2019, 09:18:40 PM
ok, so x % of how much total BTC is the question I'm asking


the fact is, if people used Payjoin, which they no doubt are, blockchain analysis cannot detect it. Payjoins just look like any normal transaction, there is no possible heuristic for it
1076  Bitcoin / Bitcoin Discussion / Re: How to 100% Secure Bitcoin from Thieves / Hackers / Government??? on: August 28, 2019, 06:45:22 PM
4. Only access my BTC on a computer that I rarely use and update the virus software to stop trojan horse/remote access.

anti-virus = digital snake oil


real 4. Install secure operating system on computer (i.e. not Windows)
5. Install & configure MAC package (mandatory access control)


step 5 isn't easy, but either you want secure Bitcoins, or you don't
1077  Bitcoin / Press / Re: [2019-08-26] Telegram's 300 Million Users Could Soon Be Trading Bitcoin ... on: August 28, 2019, 06:19:52 PM
If an application like Telegram integrates a Bitcoin trading feature and make it easier for users to buy and sell Bitcoin then the price is going to increase and it is a good step towards mass adoption. surveillance

FTFY
1078  Bitcoin / Press / Re: [2019-08-27] Craig Wright loses Kleiman case—billions in Bitcoin awarded to Klei on: August 28, 2019, 02:33:27 PM
Scammers and getting scammed is an unfortunate part of capitalism. If all investments were enforced as 100% safe, there would be none on offer. It's always a risk, and judging the risk vs the potential reward is your responsibility and yours alone. I didn't buy any scammy ICO's, because I invested in the knowledge that led me to deduce that they are mostly scams.

You can't call those users who sold BSV at that time period as scammers.

i didn't


A few months back, he pulled off a major scam with his shitcoin BSV and was able to accumulate hundreds of millions of USD in funds.

i was referring to you saying this about Wright


what has that got to do with you wanting Wright to be punished for anything, whether it's just or not, and whether or not people he deceived are compensated for their loss? It's "nothing", isn't it?
1079  Bitcoin / Press / Re: [2019-07-26] The IRS is warning thousands of cryptocurrency holders to pay taxes on: August 28, 2019, 08:37:48 AM
so you'll pay for mass murder, child sex slavery and the psychological manipulation to stop people reacting against it, just so you can avoid being bullied too?


nice
1080  Bitcoin / Press / Re: [2019-08-27] Craig Wright loses Kleiman case—billions in Bitcoin awarded to Klei on: August 28, 2019, 08:20:42 AM
I still disagree with the treatment of Craig Wright, despite him bringing the case (the idea that such a prosecution is even considered by the so-called justice system is the root of the problem, he just tried to take advantage of it)

if the world knows he's a dangerously bizarre scam artist, isn't that punishment enough? I would suggest that here in the information age, it would have been

I don't agree with you. A few months back,

[snip]

Now he is going to lose all that money that he got by cheating the users earlier. Karma is a bitch, now deal with it.

so, 2 wrongs make 1 right? I disagree with that


what about all the people who never did anything wrong, who have libel cases brought against them, which they lose, either unjustly or corruptly?

meanwhile the people that Wright hoodwinked with BSV (and I'm not even convinced there were that many) will get none of this settlement, while the Kleiman family will get the promise of something (and in the end nothing, as Wright doesn't own significant assets of any kind), and what for? Kleiman sounds like he was lying too, so what sort of justice is that, taking money from a fraudster, and giving it to the family of a deceased fraudster? That makes zero sense, sorry

you're justifying this excessively litigious culture that brought about Wright's come-uppence, yet simultaneously excoriating free trade and capitalism.

Scammers and getting scammed is an unfortunate part of capitalism. If all investments were enforced as 100% safe, there would be none on offer. It's always a risk, and judging the risk vs the potential reward is your responsibility and yours alone. I didn't buy any scammy ICO's, because I invested in the knowledge that led me to deduce that they are mostly scams.
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