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News: BIP91 seems stable: there's probably only slightly increased risk of confirmations disappearing. You should still prepare for Aug 1.
 
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Question: Will you support Gavin's new block size limit hard fork of 8MB by January 1, 2016 then doubling every 2 years?
1.  yes
2.  no

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Author Topic: Gold collapsing. Bitcoin UP.  (Read 1940608 times)
smooth
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January 02, 2015, 10:49:02 PM
 #19401

2.  given that individual miners have limited resources and technical skill, won't MM'ing force solo miners into pools where these skills and resources will be more centralized?

What solo miners?


you know, the solo miners.  the one's who are left.

Okay fair point. "Unknown" is 18%, which is a lot higher than I remember. I guess that is mostly farms with their own private pools, not really what I think of as solo miners, but technically they are.

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January 02, 2015, 11:16:05 PM
 #19402

2.  given that individual miners have limited resources and technical skill, won't MM'ing force solo miners into pools where these skills and resources will be more centralized?

What solo miners?


you know, the solo miners.  the one's who are left.

Okay fair point. "Unknown" is 18%, which is a lot higher than I remember. I guess that is mostly farms with their own private pools, not really what I think of as solo miners, but technically they are.



They probably have their own stratum servers anyways, but its the closest to the old solo mining that there is

cypherdoc
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January 02, 2015, 11:17:35 PM
 #19403

https://twitter.com/cypherdoc2/status/551155168994414593
BlindMayorBitcorn
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January 02, 2015, 11:20:01 PM
 #19404

Ok brothers I've read the sidechains whitepaper and I have a question.

What are the regulatory/political drawbacks or ramifications of introducing extra-anonymous features in a scBTC?

Forgive my petulance and oft-times, I fear, ill-founded criticisms, and forgive me that I have, by this time, made your eyes and head ache with my long letter. But I cannot forgo hastily the pleasure and pride of thus conversing with you.
dakota neat
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January 02, 2015, 11:21:49 PM
 #19405

Ok brothers I've read the sidechains whitepaper and I have a question.

What are the regulatory/political drawbacks or ramifications of introducing extra-anonymous features in a scBTC?

Nobody cares about the fucking goverment. This is Crypto.

cypherdoc
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January 02, 2015, 11:27:38 PM
 #19406

Ok brothers I've read the sidechains whitepaper and I have a question.

What are the regulatory/political drawbacks or ramifications of introducing extra-anonymous features in a scBTC?

Nobody cares about the fucking goverment. This is Crypto.

Adam,

5.  if a SC like Zerocoin/Zerocash gets declared illegal by the US gvt, legit pools that can't/won't participate in an illegal SC might have an actual incentive to attack it to destroy those users and their scBTC that are in fact using Zerocoin/Zerocash illegally.  given that no SC will ever have 100% MM, 51% attacks become much easier to execute.
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January 02, 2015, 11:32:46 PM
 #19407

Ok brothers I've read the sidechains whitepaper and I have a question.

What are the regulatory/political drawbacks or ramifications of introducing extra-anonymous features in a scBTC?

Nobody cares about the fucking goverment. This is Crypto.

Adam,

5.  if a SC like Zerocoin/Zerocash gets declared illegal by the US gvt, legit pools that can't/won't participate in an illegal SC might have an actual incentive to attack it to destroy those users and their scBTC that are in fact using Zerocoin/Zerocash illegally.  given that no SC will ever have 100% MM, 51% attacks become much easier to execute.

Damn, don't be a tool. Who cares about the US?

BlindMayorBitcorn
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January 02, 2015, 11:33:39 PM
 #19408

Ok brothers I've read the sidechains whitepaper and I have a question.

What are the regulatory/political drawbacks or ramifications of introducing extra-anonymous features in a scBTC?

Nobody cares about the fucking goverment. This is Crypto.

Adam,

5.  if a SC like Zerocoin/Zerocash gets declared illegal by the US gvt, legit pools that can't/won't participate in an illegal SC might have an actual incentive to attack it to destroy those users and their scBTC that are in fact using Zerocoin/Zerocash illegally.  given that no SC will ever have 100% MM, 51% attacks become much easier to execute.

That doesn't sound very promising

Forgive my petulance and oft-times, I fear, ill-founded criticisms, and forgive me that I have, by this time, made your eyes and head ache with my long letter. But I cannot forgo hastily the pleasure and pride of thus conversing with you.
Odalv
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January 02, 2015, 11:34:17 PM
 #19409

Ok brothers I've read the sidechains whitepaper and I have a question.

What are the regulatory/political drawbacks or ramifications of introducing extra-anonymous features in a scBTC?

Nobody cares about the fucking goverment. This is Crypto.

Adam,

5.  if a SC like Zerocoin/Zerocash gets declared illegal by the US gvt, legit pools that can't/won't participate in an illegal SC might have an actual incentive to attack it to destroy those users and their scBTC that are in fact using Zerocoin/Zerocash illegally.  given that no SC will ever have 100% MM, 51% attacks become much easier to execute.

 - you are using tooo much "if"s
 - you see MM as only solutions (we will have only few 2-3 100% MM SC (edit: if any :-))) => there are other better solutions than MM
LOBSTER
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January 02, 2015, 11:38:51 PM
 #19410

Ok brothers I've read the sidechains whitepaper and I have a question.

What are the regulatory/political drawbacks or ramifications of introducing extra-anonymous features in a scBTC?

Nobody cares about the fucking goverment. This is Crypto.

Adam,

5.  if a SC like Zerocoin/Zerocash gets declared illegal by the US gvt, legit pools that can't/won't participate in an illegal SC might have an actual incentive to attack it to destroy those users and their scBTC that are in fact using Zerocoin/Zerocash illegally.  given that no SC will ever have 100% MM, 51% attacks become much easier to execute.

That doesn't sound very promising

Yes you are right. Not very promising and shady too!
BlindMayorBitcorn
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January 02, 2015, 11:44:47 PM
 #19411

Ok brothers I've read the sidechains whitepaper and I have a question.

What are the regulatory/political drawbacks or ramifications of introducing extra-anonymous features in a scBTC?

Nobody cares about the fucking goverment. This is Crypto.

Adam,

5.  if a SC like Zerocoin/Zerocash gets declared illegal by the US gvt, legit pools that can't/won't participate in an illegal SC might have an actual incentive to attack it to destroy those users and their scBTC that are in fact using Zerocoin/Zerocash illegally.  given that no SC will ever have 100% MM, 51% attacks become much easier to execute.

That doesn't sound very promising

Yes you are right. Not very promising and shady too!

Lobster my man, this was honestly the first thing that crossed my mind on reading the paper. I don't know why it isn't being addressed

Forgive my petulance and oft-times, I fear, ill-founded criticisms, and forgive me that I have, by this time, made your eyes and head ache with my long letter. But I cannot forgo hastily the pleasure and pride of thus conversing with you.
marcus_of_augustus
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January 02, 2015, 11:46:07 PM
 #19412

Ok brothers I've read the sidechains whitepaper and I have a question.

What are the regulatory/political drawbacks or ramifications of introducing extra-anonymous features in a scBTC?

introducing regulatory/political drawbacks into a technology is sure to compromise its function and benefits to humanity.

would you have lawyers/politicians design/build 747's for you to cross the Atlantic in? design/build nuclear power stations to power your cities?

leave technology to the technologists unless you want bad outcomes.

money is a value information technology not a political tool, it needs to be the best technology it can be to maximally benefit humanity, not a compromised, politicised, perverted tool for oppression and dubious agendas.

cypherdoc
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January 02, 2015, 11:46:19 PM
 #19413

Ok brothers I've read the sidechains whitepaper and I have a question.

What are the regulatory/political drawbacks or ramifications of introducing extra-anonymous features in a scBTC?

Nobody cares about the fucking goverment. This is Crypto.

Adam,

5.  if a SC like Zerocoin/Zerocash gets declared illegal by the US gvt, legit pools that can't/won't participate in an illegal SC might have an actual incentive to attack it to destroy those users and their scBTC that are in fact using Zerocoin/Zerocash illegally.  given that no SC will ever have 100% MM, 51% attacks become much easier to execute.

Damn, don't be a tool. Who cares about the US?

i neither approve or disapprove of this.  this is just my observation.  the reality of the matter is that US pools are in a very difficult situation.  BTCGuild and Eleuthria sold out b/c he wasn't about to go against possible US regulation as he didn't want to go to jail.
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January 02, 2015, 11:47:06 PM
 #19414

Ok brothers I've read the sidechains whitepaper and I have a question.

What are the regulatory/political drawbacks or ramifications of introducing extra-anonymous features in a scBTC?

Nobody cares about the fucking goverment. This is Crypto.

Adam,

5.  if a SC like Zerocoin/Zerocash gets declared illegal by the US gvt, legit pools that can't/won't participate in an illegal SC might have an actual incentive to attack it to destroy those users and their scBTC that are in fact using Zerocoin/Zerocash illegally.  given that no SC will ever have 100% MM, 51% attacks become much easier to execute.

 - you are using tooo much "if"s
 - you see MM as only solutions (we will have only few 2-3 100% MM SC (edit: if any :-))) => there are other better solutions than MM

what are they besides federated servers?
cypherdoc
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January 02, 2015, 11:48:11 PM
 #19415

Ok brothers I've read the sidechains whitepaper and I have a question.

What are the regulatory/political drawbacks or ramifications of introducing extra-anonymous features in a scBTC?

Nobody cares about the fucking goverment. This is Crypto.

Adam,

5.  if a SC like Zerocoin/Zerocash gets declared illegal by the US gvt, legit pools that can't/won't participate in an illegal SC might have an actual incentive to attack it to destroy those users and their scBTC that are in fact using Zerocoin/Zerocash illegally.  given that no SC will ever have 100% MM, 51% attacks become much easier to execute.

That doesn't sound very promising

Yes you are right. Not very promising and shady too!

apparently not for LukeJr and Eligius!
BlindMayorBitcorn
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January 02, 2015, 11:48:49 PM
 #19416

Ok brothers I've read the sidechains whitepaper and I have a question.

What are the regulatory/political drawbacks or ramifications of introducing extra-anonymous features in a scBTC?

introducing regulatory/political drawbacks into a technology is sure to compromise its function and benefits to humanity.

would you have lawyers/politicians design/build 747's for you to cross the Atlantic in? design/build nuclear power stations to power your cities?

leave technology to the technologists unless you want bad outcomes.

money is a value information technology not a political tool, it needs to be the best technology it can be to maximally benefit humanity, not a compromised, politicised, perverted tool for oppression and dubious agendas.

I see your point

Forgive my petulance and oft-times, I fear, ill-founded criticisms, and forgive me that I have, by this time, made your eyes and head ache with my long letter. But I cannot forgo hastily the pleasure and pride of thus conversing with you.
cypherdoc
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January 02, 2015, 11:50:31 PM
 #19417

Ok brothers I've read the sidechains whitepaper and I have a question.

What are the regulatory/political drawbacks or ramifications of introducing extra-anonymous features in a scBTC?

introducing regulatory/political drawbacks into a technology is sure to compromise its function and benefits to humanity.

would you have lawyers/politicians design/build 747's for you to cross the Atlantic in? design/build nuclear power stations to power your cities?

leave technology to the technologists unless you want bad outcomes.

money is a value information technology not a political tool, it needs to be the best technology it can be to maximally benefit humanity, not a compromised, politicised, perverted tool for oppression and dubious agendas.

marcus, in your opinion does that include SC's for Bitcoin?
Odalv
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January 02, 2015, 11:54:46 PM
 #19418

Ok brothers I've read the sidechains whitepaper and I have a question.

What are the regulatory/political drawbacks or ramifications of introducing extra-anonymous features in a scBTC?

Nobody cares about the fucking goverment. This is Crypto.

Adam,

5.  if a SC like Zerocoin/Zerocash gets declared illegal by the US gvt, legit pools that can't/won't participate in an illegal SC might have an actual incentive to attack it to destroy those users and their scBTC that are in fact using Zerocoin/Zerocash illegally.  given that no SC will ever have 100% MM, 51% attacks become much easier to execute.

 - you are using tooo much "if"s
 - you see MM as only solutions (we will have only few 2-3 100% MM SC (edit: if any :-))) => there are other better solutions than MM

what are they besides federated servers?

 - yes, it is possible to use private federated server (FS) for local SC
 - it is possible to create independent oracles
 - it is possible to use timestamps in MC  (MCTS)
 - it is possible to use various combination of  FS, MCTS and oracles
cypherdoc
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January 02, 2015, 11:56:41 PM
 #19419

Ok brothers I've read the sidechains whitepaper and I have a question.

What are the regulatory/political drawbacks or ramifications of introducing extra-anonymous features in a scBTC?

Nobody cares about the fucking goverment. This is Crypto.

Adam,

5.  if a SC like Zerocoin/Zerocash gets declared illegal by the US gvt, legit pools that can't/won't participate in an illegal SC might have an actual incentive to attack it to destroy those users and their scBTC that are in fact using Zerocoin/Zerocash illegally.  given that no SC will ever have 100% MM, 51% attacks become much easier to execute.

 - you are using tooo much "if"s
 - you see MM as only solutions (we will have only few 2-3 100% MM SC (edit: if any :-))) => there are other better solutions than MM

what are they besides federated servers?

 - yes, it is possible to use private federated server (FS) for local SC
 - it is possible to create independent oracles
 - it is possible to use timestamps in MC  (MCTS)
 - it is possible to use various combination of  FS, MCTS and oracles

but that isn't a better solution than MM.  it's inferior.
_mr_e
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January 02, 2015, 11:57:37 PM
 #19420

Ok brothers I've read the sidechains whitepaper and I have a question.

What are the regulatory/political drawbacks or ramifications of introducing extra-anonymous features in a scBTC?

Nobody cares about the fucking goverment. This is Crypto.

Adam,

5.  if a SC like Zerocoin/Zerocash gets declared illegal by the US gvt, legit pools that can't/won't participate in an illegal SC might have an actual incentive to attack it to destroy those users and their scBTC that are in fact using Zerocoin/Zerocash illegally.  given that no SC will ever have 100% MM, 51% attacks become much easier to execute.

Damn, don't be a tool. Who cares about the US?

i neither approve or disapprove of this.  this is just my observation.  the reality of the matter is that US pools are in a very difficult situation.  BTCGuild and Eleuthria sold out b/c he wasn't about to go against possible US regulation as he didn't want to go to jail.

A problem pos currencies don't have to deal with.
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