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Author Topic: [CLOSED] S.DICE - SatoshiDICE 100% Dividend-Paying Asset on MPEx  (Read 315724 times)
vampire
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March 09, 2013, 12:30:20 AM
 #1101

Despite our forum clashes, I humbly and with goodwill ask:

Would you mind de-listing S.DICE temporarily to encourage shareholders to put pressure on the site operators to stop taking advantage of the block chain during this critical stage of Bitcoin growth? I know this might go against your short term financial interests but really if you stop to think about it, the "startup capital" of the Bitcoin network (gmaxwell's terminology for the currently unused space in each block) is going to unproductive activity which does not grow the Bitcoin economy.

If nothing is done about SD transaction spam (economically unspendable outputs which can't be pruned), transaction fees will be driven higher and every miner will bear the cost of forever storing these unprunable tx in their copies of the blockchain. In the long run, increased fees are not a problem but at the early stage we are in, it could dampen Bitcoin adoption or possibly kill it.

Code:
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Hash: SHA1

The approach proposed is fundamentally flawed in multiple places.

First and foremost, the only reasonable authority in Bitcoin is derived through the working of
contracts. Put another way this states that the power of "a collective", ie a group of users no
 matter how large to dispose for the future is nil. Put in yet another way, Bitcoin is not a
democracy, but a republic.

Consequently, to propose that MPEx breach its contract with SatoshiDICE because you would like
me to is a waste of breath : you are not a party to that contract, and consequently you have no
standing whatsoever in that relationship. The contract specifies clearly how it works, and it
will work as such.

Secondly, and just as importantly : the current codebase is broken beyond belief. As explained
in an earlier Trilema article, the main problems Bitcoin faces currently come from the general
inability and ineptitude of the de facto dev team. These problems are a. that users can not
create arbitrary size transactions up to the size of one full block ; b. that the client does
not correctly select the best possible combination of available inputs to feed a list of
arbitrary outputs. More generally speaking the codebase is replete with magic numbers, which is
no way to code. The fact that a 7Gb download takes an hour if we're talking a movie and a week
if we're talking the blockchain - especially considering that the average torrent rarely has
over 100 seeders and the Bitcoin blockchain rarely has under 1k - is further testament to the
utter inability of the core team.

Consequently, the correct approach is for these people to either fix the codebase - which will
require serious work - or else step down and let other people do it. The early enthusiasm of
"everyone's welcome and we're glad to have you" may have bridged us between Bitcoin being worth
nothing and Bitcoin being worth 1/10`000th of a pizza, but we are now playing in the grown-up
league and as such we need grown-up code. It is certainly not acceptable to proceed as proposed,
from a "this is what the codebase can do, we will pretend to limit usage of Bitcoin to that"
perspective, as is contemplated here. The only acceptable and the only correct approach is,
"this is how Bitcoin can be used, therefore this is how Bitcoin should be used, therefore this
is what our code must accomodate, let's get to work on it."

The fact that a number of people - such as Luke-jr, Gmaxwell, Mike Hearn etc - feel inclined to
compensate for their modest technical ability with a disproportionate and unwarranted political
preocupation is of course to be expected : the marginal and the stupid have tried to propel
themselves in the position of populist "leaders" for as long as humanity existed. This will not
work in Bitcoin, because that is not how Bitcoin works. It is specifically designed to foil the
very common alliance between the stupid but lazy and the ambitious but inept that regularly
wrecks fiat ventures of all sorts, from small business to entire countries. It will work as
intended for that purpose.

Please you idiots, fix the codebase. If you can't do that, go away.
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http://mpex.co/ uh is down..

Fix it, idiots. It's down for what 2-3 days now, that's probably an achievement for an "exchange".

LOL!
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March 09, 2013, 12:36:31 AM
 #1102

http://mpex.co/ uh is down..

Fix it, idiots. It's down for what 2-3 days now, that's probably an achievement for an "exchange".

LOL!


See here. Maybe pinpoint where it says "DNS and TCP/IP should be changed because waahhhh".

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March 09, 2013, 12:44:53 AM
 #1103

http://mpex.co/ uh is down..

Fix it, idiots. It's down for what 2-3 days now, that's probably an achievement for an "exchange".

LOL!


See here. Maybe pinpoint where it says "DNS and TCP/IP should be changed because waahhhh".

Are you saying that your servers were attacking by TCP/IP traffic? Wow..

Because you know there are protocols like UDP or layers like ICMP.

Your exchange went down, completely. Yesterday for a good chunk of the day they were ZERO transactions.

Before you call someone an idiot, make sure that you aren't the one.
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March 09, 2013, 12:52:47 AM
 #1104

Are you saying that your servers were attacking by TCP/IP traffic? Wow.. Because you know there are protocols like UDP or layers like ICMP.

Way to miss the point, seriously now. No I'm not saying that our servers were attacking anything. Re-read.

Your exchange went down, completely. Yesterday for a good chunk of the day they were ZERO transactions.

Heh.

Before you call someone an idiot, make sure that you aren't the one.

Good plan. Let's stick to it.

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March 09, 2013, 01:01:40 AM
Last edit: March 09, 2013, 03:23:46 AM by vampire
 #1105

Calling bitcoin developers idiots, while you can't even get your website online = priceless.

mpex.co = dead
mpex.coinbr.com = dead
mpex.host56.com = dead
mpex.5gbfree.com = dead
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March 09, 2013, 01:08:39 PM
 #1106

Calling bitcoin developers idiots, while you can't even get your website online = priceless.

mpex.co = dead
mpex.coinbr.com = dead
mpex.host56.com = dead
mpex.5gbfree.com = dead

So you nuked a bunch of websites. Whoopdedoo.

MPEx is, and has been trading all through. In fact > 30k BTC worth of trades have been processed since the 5th (when the attacks first started).

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March 09, 2013, 01:33:33 PM
 #1107

Calling bitcoin developers idiots, while you can't even get your website online = priceless.

mpex.co = dead
mpex.coinbr.com = dead
mpex.host56.com = dead
mpex.5gbfree.com = dead

So you nuked a bunch of websites. Whoopdedoo.

MPEx is, and has been trading all through. In fact > 30k BTC worth of trades have been processed since the 5th (when the attacks first started).

O'RLY How many transactions went through in the last hour? Oh wait ZERO.

Probably 30K worth of dumps because your exchange cant stay up.

Oh and thanks for the recognition, but I have something better to do than "nuking". I'll let some script kiddies to play with you.

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March 09, 2013, 02:31:11 PM
 #1108

The exchange is still up and operating. Taking down the webpage of the NYSE does not kill the exchange....
except in this case, the exchange did go down, and no one could make transactions or see the market for some time.

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March 09, 2013, 02:32:52 PM
 #1109

The exchange is still up and operating. Taking down the webpage of the NYSE does not kill the exchange....

The exchange was down. Proxies are going up and down.

I can set up few proxies for MPEX, I have plenty of different VPS servers around.
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March 09, 2013, 03:01:27 PM
 #1110

The exchange is still up and operating. Taking down the webpage of the NYSE does not kill the exchange....

The exchange was down. Proxies are going up and down.

I can set up few proxies for MPEX, I have plenty of different VPS servers around.
Come to #bitcoin-assets and make an inquiry to mircea_popescu then. But beware, running mpex.coinbr.com caused whole bitvps DC to be inaccessible and me being unceremoniously kicked out of bitvps as a result. So now I only maintain mpex access for paying coinbr.com customers.

And aye, I too came  to devs with questions about illogical transaction fees policy or unspent txouts selection. Instead about being pointed to some documented explanation and statistics (to be able to reason that current code is optimal), was considered a troll. Perhaps the drama must be protected at all costs, lol.

CoinBr.com: First online MPEx brokerage launched beta! Easy to use interface and reasonable fees. Charts for MPEx stocks: live.coinbr.com * My Blog *
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March 09, 2013, 03:28:51 PM
 #1111

30btc makes sense when it was $5

MPEx has stated on several occasions that the entry price is only going to go up. It already went from 20 btc to 30 btc. How much does it cost to get a seat on the NYSE?

how many times NYSE was DDoS or deface ?
How many times were the trading floor DDoS'd?

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March 09, 2013, 11:05:41 PM
 #1112

O'RLY How many transactions went through in the last hour? Oh wait ZERO.

Probably 30K worth of dumps because your exchange cant stay up.

Oh and thanks for the recognition, but I have something better to do than "nuking". I'll let some script kiddies to play with you.

I'm sorry that we don't spam the interwebs with 0.00005 BTC transactions enough. Kinda how it works out when you have an entrance fee. MPEx' average transaction has been something like 15-30 BTC ever since the start.

The exchange was down. Proxies are going up and down.

I can set up few proxies for MPEX, I have plenty of different VPS servers around.

Listen, trade has been going on through irc bots without problems since yesterday. They're publicly available and there haven't been problems, you can test it for yourself.

The exchange was never down, but it was in fact closed for 12 hours yesterday. This was done intentionally, so as to avoid access disparities between users (as in, not split the userbase into the "haves" with private proxy access and the "have nots" without public proxy access).

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March 10, 2013, 01:08:32 AM
 #1113

Take this as a sort of security drill: MPEx is untouchable.
Roll Eyes

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March 10, 2013, 01:58:04 AM
 #1114

b. that the client does
not correctly select the best possible combination of available inputs to feed a list of
arbitrary outputs.

Isn't this NP-complete?
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March 10, 2013, 02:31:44 AM
 #1115

Take this as a sort of security drill: MPEx is untouchable.

Poor impotent script kiddies!   Cheesy



How much would it cost to give each MPEx user their own unique/secret IP address and VPS proxy?


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March 10, 2013, 04:22:43 AM
 #1116


MPOE-PR
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March 10, 2013, 08:27:55 AM
 #1117

Isn't this NP-complete?

Probably.

Poor impotent script kiddies!   Cheesy



How much would it cost to give each MPEx user their own unique/secret IP address and VPS proxy?

The cost would be more on helping them deal with it. Even with the entry barrier many people trading on MPEx don't actually have a full IT house at their disposal like IRL investment banks do.

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March 10, 2013, 12:28:29 PM
 #1118

Listen, trade has been going on through irc bots without problems since yesterday. They're publicly available and there haven't been problems, you can test it for yourself.

The exchange was never down, but it was in fact closed for 12 hours yesterday. This was done intentionally, so as to avoid access disparities between users (as in, not split the userbase into the "haves" with private proxy access and the "have nots" without public proxy access).

It was never was down? And then you said that you brought it down for 12 hours? What an idiot.
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March 10, 2013, 01:32:28 PM
 #1119

Listen, trade has been going on through irc bots without problems since yesterday. They're publicly available and there haven't been problems, you can test it for yourself.

The exchange was never down, but it was in fact closed for 12 hours yesterday. This was done intentionally, so as to avoid access disparities between users (as in, not split the userbase into the "haves" with private proxy access and the "have nots" without public proxy access).

It was never was down? And then you said that you brought it down for 12 hours? What an idiot.

Yeah, yeah. Let's get your terminology straight.

Idiot = you. Idiot != me.
Down = unintentionally unavailable. Down != intentionally unavailable. 
Closed = intentionally unavailable. Closed != unintentionally unavailable.
If an airplane is parked on the runway it's not "a downed airplane". If an airplane crashes on the runway it is not "a parked airplane".
Why is this so difficult for you?

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March 10, 2013, 01:44:22 PM
 #1120

Listen, trade has been going on through irc bots without problems since yesterday. They're publicly available and there haven't been problems, you can test it for yourself.

The exchange was never down, but it was in fact closed for 12 hours yesterday. This was done intentionally, so as to avoid access disparities between users (as in, not split the userbase into the "haves" with private proxy access and the "have nots" without public proxy access).

It was never was down? And then you said that you brought it down for 12 hours? What an idiot.

Yeah, yeah. Let's get your terminology straight.

Idiot = you. Idiot != me.
Down = unintentionally unavailable. Down != intentionally unavailable. 
Closed = intentionally unavailable. Closed != unintentionally unavailable.
If an airplane is parked on the runway it's not "a downed airplane". If an airplane crashes on the runway it is not "a parked airplane".
Why is this so difficult for you?

At the risk of being railroaded for daring to criticise you have you never heard the phrase 'We took the service down for some hours'?  I guess you announced it appropriately to your IRC customers and followers and therefore fulfilled your obligation.  But I am subscribed to at least three SD threads here and heard nothing other than the fun and games that was had with re-routing the DDOS attack.  I am not saying you are obliged to share such information but knowing there are many SD investors through passthrus here that do not do the IRC thing and seeing as you were here appropriately correcting those erroneously thinking MPEx had been hacked - and whilst you were at it having a go at them and calling all and sundry idiots as is your wont; you could at least have mentioned the 12 hour deliberate outage thing before waiting until it was squeezed out of you.

Please disregard Litecoin and Zcash badges to the left. I have just gathered they are an April fool's joke!
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