Sideripple.  You mean sideripple.  There are no sidechains anymore (never were).

Sidechains are not mined.  They can only replace centralized coins like Ripple (SideRipples?).  It was announced here today:


At one point in the past people hoped there would be some magic way to have truly decentralized security without a new source of scarcity to incentivize new forms of mining, or that there was some way to have decentralized security without mining -- but it turns out there wasn't no such thing as that particular free lunch.


All the proposals for non-centralized sidechains had massive holes poked in them and collapsed.  Now even the sidechain originators have abandoned that goal.  So sidechains really aren't an alternative to altcoins anymore.

There are still a lot of redittards and shills chirping last week's Blockstream propaganda, but make no mistake: 08-Jun-2015 was the day when "sidechains are coming" mattered.

That is not too surprising.  Most self-identified "ASIC designers" can't handle domino design (it is a full-custom technique and not supported by "ASIC tools").  Haters gonna hate.

Intel, AMD, NVidia, and ATI all used domino logic exclusively for the critical path of all of their ~50nm-node chips.  Apple still uses it at 16nm, Intel has given conflicting information, and I don't know about the other two.

The PDF link is the one that is quoted and it talks only about Scrypt.

I think you've mixed up the designer's past accomplishments (SHA256 FPGA) and current project (Scrypt ASIC).

Wondering if people can provide any insight on how credible this is.  The figures are pretty out there, but on the other hand the guy (or gal?) behind it still holds the record for fastest publicly-released mining bitstream, verified by everyone who ran it in the FPGA mining days.  Dunno.  Credible?  Claims to use on-chip/same-die DRAM with no refresh (!?) since the data doesn't need to stick around long:


Full pdf is here.

You can talk about it all you like; the devs will just ignore you, like everybody else who told them this.

The payment coin tracking protocol's use of SSL CAs has been a suicidal idea from day one.  The non-excuse proffered is "yeah but the CAs are the best of a lot of bad solutions".  Guess what folks, if all the solutions are bad then maybe the problem isn't actually a "problem" and doesn't need solving.

Or more specifically, as in this case, you aren't solving a problem you're just hiding a problem (invoice authentication) behind a much harder, much more-unsolved and probably-never-solvable problem (general purpose PKI) so you can piggyback off of the excuses crafted by the probably-never-solvable-problem's non-solution vendors.

General-purpose, worldwide, universally trusted PKI will never exist.

Tossing your lot in with the "most popular failed attempt" at solving this problem is much, much worse than admitting that nobody knows how to solve this problem and secure systems shouldn't be based on the assumption that it can be solved.

At least two dozen people (and I was nowhere near the first one) told the devs that using the OpenSSL CA infrastructure for their "payment protocol" coin-tracking fantasies was a (a) crazy, (b) stupid, and (c) risky scheme that involved an utterly massive expansion of the attack surface to include all of SSL and the entire certificate authority ponzi-scheme.

What did they do?  They ignored common sense.

The bitcoin dev responsible for this idiocy is totally incompetent and should step down effective immediately.  Oh wait, that happened.

Carry on.

Different bitcointalk account.



Right, that's why I was surpised by the 6.5% fee.



SEPA transfers cannot have "intermediary bank" fees and the surcharges by banks are very tightly regulated.



I tried using their secure messaging form (when logged into the website).  No response. =(

Hi, I have one of the USD cards and needed to load it using a withdraw from BTC-e.  I figured the most sensible way to do it was to use SEPA.

I withdrew EUR 2600 from BTC-e.  They took their 100EUR fee (ouch, I know).

So I expected about 2500EUR = $3446 - 2.8% = 3446 * (1.0 - 0.028) = $3349 to show up on the card.

But only $3223.01 arrived.  That's a 6.5% fee!  What happened?

Has anybody else tried using SEPA to load a USD card?

I'm going to do all the spending in USD so I figured getting a EUR card would end up costing the same; I'd just pay it when I spent it instead of when I loaded it.  And it's easier to keep track if the fee is charged all at once up front.

Thanks.

That's what I meant; for some reason the episode numbers don't reset at the start of the season.  And props to the director for calling it the "deep web" instead of the "dark web", although having "bitcoin" wind up in the same sentence as "child porn" was kinda unfortunate.

... or perhaps a subtle reminder that monkey wrench hacking can be done with deferred prosecution agreements instead of wrenches.

FWIW, bitcoin was mentioned in episode 16.

Yep, Sebastian ran off to Venezuela with all the customers' funds.  Very sad.

Thank you, captain motherfucking obvious.

Check it out, bids on the order book at 65754 SEK per coin:

http://bitcoincharts.com/markets/kptnSEK.html

verified on kapiton's website.  That's almost five figures in USD.

Can you say "meltup"?

apparently you never played "musical chairs" as a kid

here ill give u a hint

counterparty risk, bitchez

2 late

Douchebaggery like this is what's holding back bitcoin.