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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?
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Author Topic: Gold collapsing. Bitcoin UP.  (Read 1805636 times)
cypherdoc
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March 02, 2015, 05:00:46 PM
 #21681

More Moore!

SanDisk unveils 200 GB Micro SD to meet storage requirements of Smartphones at MWC2015:
http://www.techworm.net/2015/03/sandisk-unveils-200-gb-micro-sd-to-meet-storage-requirements-of-smartphones-at-mwc2015.html



extraordinary. meanwhile:

Gold collapsing.  Bitcoin UP.
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cypherdoc
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March 02, 2015, 05:02:51 PM
 #21682

This is the concept  I have been trying to push for a long time especially as it relates to UST's. I think it's accurate and this guy agrees:

In other words, we’ve reached the limit of what can be accomplished and with NIRP creating new market perversions on an almost daily basis, the unintended consequences of continuing to delve deeper into the new paranormal are making the game ever more dangerous as we now ow have central banks accidentally creating deflation while simultaneously embedding enormous amounts of risk in fixed income markets by sapping every last vestige of liquidity.

http://www.zerohedge.com/news/2015-03-01/are-central-banks-creating-deflation

It is in there, but it could be said simpler: Fucking with the interest rate produces distortions in the investment signals, therefore a misadapted capital structure, which means lower prosperity.


you're right.  i left out the word "f*cking".
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March 02, 2015, 05:20:16 PM
 #21683

Here is a thought for those who think the bitcoin blockchain should be used for all kinds of notary stuff.

To guarantee the timestamp and the integrity of documents, only a single miner would be needed, which in that case would not need to expend energy, just create the blocks in a timely manner. Why is this enough? Because the whole chain is known at all times, and to cheat, the  miner has to unwind the  chain down to the document he wants to tamper with, and recreate the rest of the chain. This will then be obvious to all.

 

not sure what you're trying to get at but that would be totally unworkable.  that sole miner would have 100% of the consensus which would allow unfettered rewriting of the entire BC if he so wished.  the community has to prevent any such tampering and the only way to do that is to distribute the ledger across space and across many different miners to enforce against that type of cheating. 
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March 02, 2015, 05:31:25 PM
 #21684

More Moore!

SanDisk unveils 200 GB Micro SD to meet storage requirements of Smartphones at MWC2015:
http://www.techworm.net/2015/03/sandisk-unveils-200-gb-micro-sd-to-meet-storage-requirements-of-smartphones-at-mwc2015.html



That's not cost scaling, what Moores Law is about. (The costs per transistor go down as time progresses)
If anything it hints in the same direction we are already seeing, higher density is becoming more expensive than low density. (Based on price / transistor count)

First they ignore you, then they laugh at you, then they keep laughing, then they start choking on their laughter, and then they go and catch their breath. Then they start laughing even more.
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March 02, 2015, 05:45:06 PM
 #21685

Here is a thought for those who think the bitcoin blockchain should be used for all kinds of notary stuff.

To guarantee the timestamp and the integrity of documents, only a single miner would be needed, which in that case would not need to expend energy, just create the blocks in a timely manner. Why is this enough? Because the whole chain is known at all times, and to cheat, the  miner has to unwind the  chain down to the document he wants to tamper with, and recreate the rest of the chain. This will then be obvious to all.

 

not sure what you're trying to get at but that would be totally unworkable.  that sole miner would have 100% of the consensus which would allow unfettered rewriting of the entire BC if he so wished.  the community has to prevent any such tampering and the only way to do that is to distribute the ledger across space and across many different miners to enforce against that type of cheating. 

indeed. not to mention being incredibly vulnerable to DDOS/ hacking, etc.

Bro, do you even blockchain?
-E Voorhees
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March 02, 2015, 05:53:03 PM
 #21686

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March 02, 2015, 05:56:42 PM
 #21687

More Moore!

SanDisk unveils 200 GB Micro SD to meet storage requirements of Smartphones at MWC2015:
http://www.techworm.net/2015/03/sandisk-unveils-200-gb-micro-sd-to-meet-storage-requirements-of-smartphones-at-mwc2015.html



That's not cost scaling, what Moores Law is about. (The costs per transistor go down as time progresses)
If anything it hints in the same direction we are already seeing, higher density is becoming more expensive than low density. (Based on price / transistor count)

well, no, it is exactly what moore's law is about: this same 200Gb micro SD woulda cost about 2 times more 2 years earlier..
plus you can also blame it on the inflation for today's price.
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March 02, 2015, 06:01:33 PM
 #21688

More Moore!

SanDisk unveils 200 GB Micro SD to meet storage requirements of Smartphones at MWC2015:
http://www.techworm.net/2015/03/sandisk-unveils-200-gb-micro-sd-to-meet-storage-requirements-of-smartphones-at-mwc2015.html



That's not cost scaling, what Moores Law is about. (The costs per transistor go down as time progresses)
If anything it hints in the same direction we are already seeing, higher density is becoming more expensive than low density. (Based on price / transistor count)

well, no, it is exactly what moore's law is about: this same 200Gb micro SD woulda cost about 2 times more 2 years earlier..
plus you can also blame it on the inflation for today's price.

I could get 4pcs 64GB microSD cards below $100 each two years ago. For the third and last time moores law is about cost per transistor (Which is analogous to cost per flash cell).

First they ignore you, then they laugh at you, then they keep laughing, then they start choking on their laughter, and then they go and catch their breath. Then they start laughing even more.
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March 02, 2015, 06:02:51 PM
 #21689

silver leading to the downside; again.  i'd like to see this cycle break to new lows:

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March 02, 2015, 06:07:06 PM
 #21690

Here is a thought for those who think the bitcoin blockchain should be used for all kinds of notary stuff.

To guarantee the timestamp and the integrity of documents, only a single miner would be needed, which in that case would not need to expend energy, just create the blocks in a timely manner. Why is this enough? Because the whole chain is known at all times, and to cheat, the  miner has to unwind the  chain down to the document he wants to tamper with, and recreate the rest of the chain. This will then be obvious to all.

 

not sure what you're trying to get at but that would be totally unworkable.  that sole miner would have 100% of the consensus which would allow unfettered rewriting of the entire BC if he so wished.  the community has to prevent any such tampering and the only way to do that is to distribute the ledger across space and across many different miners to enforce against that type of cheating.  

Sure, but the purpose with this one is not to be money, just to create a tamper proof history. Add distributed mining on a small scale to make the system relatively failsafe.

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March 02, 2015, 06:07:49 PM
 #21691

More Moore!

SanDisk unveils 200 GB Micro SD to meet storage requirements of Smartphones at MWC2015:
http://www.techworm.net/2015/03/sandisk-unveils-200-gb-micro-sd-to-meet-storage-requirements-of-smartphones-at-mwc2015.html



That's not cost scaling, what Moores Law is about. (The costs per transistor go down as time progresses)
If anything it hints in the same direction we are already seeing, higher density is becoming more expensive than low density. (Based on price / transistor count)

well, no, it is exactly what moore's law is about: this same 200Gb micro SD woulda cost about 2 times more 2 years earlier..
plus you can also blame it on the inflation for today's price.

I could get 4pcs 64GB microSD cards below $100 each two years ago. For the third and last time moores law is about cost per transistor (Which is analogous to cost per flash cell).

the 4 x 64GB would not have the same transistors density (since split into 4 separate sd cards) as the 200GB. ergo moore's law.

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March 02, 2015, 06:08:07 PM
 #21692

Finally, this is one more demonstration that proposals to require telecommunications providers and device manufacturers to build law enforcement backdoors in their products are a terrible, terrible idea. As security experts have rightly insisted all along, requiring companies to keep a repository of keys to unlock those backdoors makes the key repository itself a prime target for the most sophisticated attackers—like NSA and GCHQ. It would be both arrogant and foolhardy in the extreme to suppose that only “good” attackers will be successful in these efforts.

http://www.cato.org/blog/how-nsa-stole-keys-phone?utm_content=buffer4a05b&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer
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March 02, 2015, 06:12:26 PM
 #21693

Here is a thought for those who think the bitcoin blockchain should be used for all kinds of notary stuff.

To guarantee the timestamp and the integrity of documents, only a single miner would be needed, which in that case would not need to expend energy, just create the blocks in a timely manner. Why is this enough? Because the whole chain is known at all times, and to cheat, the  miner has to unwind the  chain down to the document he wants to tamper with, and recreate the rest of the chain. This will then be obvious to all.

 

not sure what you're trying to get at but that would be totally unworkable.  that sole miner would have 100% of the consensus which would allow unfettered rewriting of the entire BC if he so wished.  the community has to prevent any such tampering and the only way to do that is to distribute the ledger across space and across many different miners to enforce against that type of cheating.  

Sure, but the purpose with this one is not to be money, just to create a tamper proof history. Add distributed mining on a small scale to make the system relatively failsafe.



how much distribution?  10 nodes, 20 nodes, 100 nodes?  how do you motivate them to process the documents?  how do they get paid?  or do the volunteer miners have a collective interest to "do it for free" which then puts into question the possibility of collusion for fraudulent purposes?
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March 02, 2015, 06:13:57 PM
 #21694

-snip-

I could get 4pcs 64GB microSD cards below $100 each two years ago. For the third and last time moores law is about cost per transistor (Which is analogous to cost per flash cell).

the 4 x 64GB would not have the same transistors density (since split into 4 separate sd cards) as the 200GB. ergo moore's law.


Ergo you don't understand moores law, but it's not your fault education has failed you.

nuff said

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March 02, 2015, 06:15:26 PM
 #21695

Finally, this is one more demonstration that proposals to require telecommunications providers and device manufacturers to build law enforcement backdoors in their products are a terrible, terrible idea. As security experts have rightly insisted all along, requiring companies to keep a repository of keys to unlock those backdoors makes the key repository itself a prime target for the most sophisticated attackers—like NSA and GCHQ. It would be both arrogant and foolhardy in the extreme to suppose that only “good” attackers will be successful in these efforts.

http://www.cato.org/blog/how-nsa-stole-keys-phone?utm_content=buffer4a05b&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

Currently, both with sim-cards and one-time-password systems like password generating devices and the google authenticator, the secret must be shared between the card/device and the service provider (telecom/bank).

The time has now come for devices where the user generates the secret, it never leaves the device, and the identification is served by signing a challenge message. For security, the device should have a screen and some minimal input capability. Hey! I just reinvented the Trezor!

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March 02, 2015, 06:19:41 PM
 #21696

Finally, this is one more demonstration that proposals to require telecommunications providers and device manufacturers to build law enforcement backdoors in their products are a terrible, terrible idea. As security experts have rightly insisted all along, requiring companies to keep a repository of keys to unlock those backdoors makes the key repository itself a prime target for the most sophisticated attackers—like NSA and GCHQ. It would be both arrogant and foolhardy in the extreme to suppose that only “good” attackers will be successful in these efforts.

http://www.cato.org/blog/how-nsa-stole-keys-phone?utm_content=buffer4a05b&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

Currently, both with sim-cards and one-time-password systems like password generating devices and the google authenticator, the secret must be shared between the card/device and the service provider (telecom/bank).

The time has now come for devices where the user generates the secret, it never leaves the device, and the identification is served by signing a challenge message. For security, the device should have a screen and some minimal input capability. Hey! I just reinvented the Trezor!



Steve Gibson's SQRL project works along this line whereby users login to websites using a private key on their device after being presented a new, freshly generated QR code at each login.  it gets rid of the entire username/pwd concept.
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March 02, 2015, 06:21:20 PM
 #21697

Finally, this is one more demonstration that proposals to require telecommunications providers and device manufacturers to build law enforcement backdoors in their products are a terrible, terrible idea. As security experts have rightly insisted all along, requiring companies to keep a repository of keys to unlock those backdoors makes the key repository itself a prime target for the most sophisticated attackers—like NSA and GCHQ. It would be both arrogant and foolhardy in the extreme to suppose that only “good” attackers will be successful in these efforts.

http://www.cato.org/blog/how-nsa-stole-keys-phone?utm_content=buffer4a05b&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

Currently, both with sim-cards and one-time-password systems like password generating devices and the google authenticator, the secret must be shared between the card/device and the service provider (telecom/bank).

The time has now come for devices where the user generates the secret, it never leaves the device, and the identification is served by signing a challenge message. For security, the device should have a screen and some minimal input capability. Hey! I just reinvented the Trezor!



Steve Gibson's SQRL project works along this line whereby users login to websites using a private key on their device after being presented a new, freshly generated QR code at each login.  it gets rid of the entire username/pwd concept.

I am sure useful devices will arrive on the market the next few months.
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March 02, 2015, 06:41:22 PM
 #21698

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March 02, 2015, 06:55:28 PM
 #21699

nice, what page was that?

Bro, do you even blockchain?
-E Voorhees
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March 02, 2015, 07:05:48 PM
 #21700

and where is the next page?

Like this post? you can tip me (BTC) 1LGi2DMhectdFSkBid5srrnHk8WHgD3V1d or very WoW (Doge) D9p6FZQb1sKkq9hApy4tnjSduYfdnc74bb
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