Re: Cryptocurrency: Rise of Bitcoin Cash BCH

[juan]

On Mon, 2 Jul 2018 17:50:02 -0700
Steven Schear  wrote:

> I guess for you the article is a TL;DR. There was NOT a suggestion of
> simple confiscation. All one had to do, to prevent "reclamation", is to
> periodically move assets on the blockchain.


I know. So if you for whatever reason fail to move your funds they are 
stolen. Doesn't seem like a sensible protocol. Also, moving funds every a fixed 
period seems like a good way to make tracking easier? 

Last but not least what do you gain by forcing people to create new 
UTXOs from existing UTXOs?? Most of the data in the ledger is old spent 
transactions which are mostly useless*, except they are needed to make sure the 
supply hasn't been tampered with. 


*except for spying that is.

Re: Cryptocurrency: Rise of Bitcoin Cash BCH

[Steven Schear]

I guess for you the article is a TL;DR. There was NOT a suggestion of
simple confiscation. All one had to do, to prevent "reclamation", is to
periodically move assets on the blockchain.

On Jul 2, 2018 5:19 PM, "juan"  wrote:

On Mon, 2 Jul 2018 22:37:15 + (UTC)
jim bell  wrote:

>
>
> On Sunday, July 1, 2018, 11:09:34 PM PDT, juan 
wrote:
>
>  On Mon, 2 Jul 2018 00:22:03 -0400
> grarpamp  wrote:
>
>
>  "   as you know grarpamp (or maybe you dont know?) the size of bitcoins
ledger is ~200 gbytes at the moment. "
>
>
> On Amazon, I see a 200 GB micro SD card being sold for $71.  A 256 GB
micro SD card is sold for $120.  Rather spendy, but within the realm of
possibility.


And? You can buy a 2 terabytes HD for $50 or so(or less?). I
suggest you do that if you want to store the blockchain, SD cards aren't
reliable - HDs are cheaper and better. But guess what? Storage isn't the
problem anyway.

The problem is that peers have to transmit and process the whole
ledger.

And the answer "so called moore's law will magically solve
everything" isn't too convincing.





>
> About "a Gigabyte::  In my college days, 1978, we had a comedic,
fictional dormitory organization called "TWePOE"  ("Third West Power
Elite").   I, the only one with a functional personal computer on my
hallway (my own homebrew "Bellyache I", a comedic take on the famous
"ILLIAC 4), my room became the "GBDSC", short for "Gigabyte Data Storage
Center", a subsidiary of the organization "MOIA", short for "Ministry of
Information Abuse", whose ominous motto was, "We've got a file on YOU!"
>
> I chose "Gigabyte" because, at that time, it was such an inconceivably
fantasticly large amount of data storage so as to be awe-inspiring.  (An 8
inch SSSD floppy disk stored a grand 240 kilobytes of data, so it would
have taken more than 4100 of them to house a full gigabyte.)
> Today, the idea that I could buy 1 million times the storage of one of
those 240 kilobyte floppies, held in a wafer smaller than my
pinky-fingernail, remains amazing to me.
> Jim Bell
>
>

Re: Cryptocurrency: Rise of Bitcoin Cash BCH

[juan]

On Mon, 2 Jul 2018 17:59:30 -0400
grarpamp  wrote:

> > lolwut - that's trolling, right? =)
> 
> The beauty of cryptocurrency is that it's new, not some tired
> old govenment fiat money

yeah well - not even the most fucked up government wants to wipe out 
savers every two years. Here in argentina that happens every 10 years or so, 
and only if you are using banks. 

I'm not sure how robbing everybody blind is a 'new experiment' by the 
way.


> same game since thousands of years.
> So all manner of new models can now be tried, new expectations,
> thought, training, usage parameters, flag days, morphing, etc...
> so many possibilities... eventually a handful reaching adoption.


oh of course that principle is fine.


> 
> Cryptocurrency isn't trolling... it's time.

yeah - and you better come up with something which is at least as 
untraceable as government cash. Otherwise, we'll have to conclude that yes, 
this is cryptocurrency's time because crypto will allow highly increseased 
levels  of totalitarianism in line with current, highly  totalitarian trends. 

Re: Cryptocurrency: Rise of Bitcoin Cash BCH

[juan]

On Mon, 2 Jul 2018 22:37:15 + (UTC)
jim bell  wrote:

>  
> 
> On Sunday, July 1, 2018, 11:09:34 PM PDT, juan  
> wrote:  
>  
>  On Mon, 2 Jul 2018 00:22:03 -0400
> grarpamp  wrote:
> 
> 
>  "   as you know grarpamp (or maybe you dont know?) the size of bitcoins 
> ledger is ~200 gbytes at the moment. "
> 
> 
> On Amazon, I see a 200 GB micro SD card being sold for $71.  A 256 GB micro 
> SD card is sold for $120.  Rather spendy, but within the realm of possibility.


And? You can buy a 2 terabytes HD for $50 or so(or less?). I suggest 
you do that if you want to store the blockchain, SD cards aren't reliable - HDs 
are cheaper and better. But guess what? Storage isn't the problem anyway.

The problem is that peers have to transmit and process the whole 
ledger. 

And the answer "so called moore's law will magically solve everything" 
isn't too convincing.



 
> 
> About "a Gigabyte::  In my college days, 1978, we had a comedic, fictional 
> dormitory organization called "TWePOE"  ("Third West Power Elite").   I, the 
> only one with a functional personal computer on my hallway (my own homebrew 
> "Bellyache I", a comedic take on the famous "ILLIAC 4), my room became the 
> "GBDSC", short for "Gigabyte Data Storage Center", a subsidiary of the 
> organization "MOIA", short for "Ministry of Information Abuse", whose ominous 
> motto was, "We've got a file on YOU!"
> 
> I chose "Gigabyte" because, at that time, it was such an inconceivably 
> fantasticly large amount of data storage so as to be awe-inspiring.  (An 8 
> inch SSSD floppy disk stored a grand 240 kilobytes of data, so it would have 
> taken more than 4100 of them to house a full gigabyte.) 
> Today, the idea that I could buy 1 million times the storage of one of those 
> 240 kilobyte floppies, held in a wafer smaller than my pinky-fingernail, 
> remains amazing to me.  
>         Jim Bell
> 
> 

Re: Cryptocurrency: Rise of Bitcoin Cash BCH

[juan]

On Mon, 2 Jul 2018 16:29:15 -0700
Steven Schear  wrote:

> A rolling epoch,  as suggested in the paper, not only helps keep the
> blockchain length tractable it also prevents "submarining" from assets
> which haven't moved since the early days of a blockchain (e.g.,
> Satochi/Finney and new blockchain pre-mining).


So let me be as clear as possible. You are barefacedly proposing to 
EXPROPRIATE all savers every 2 years. 

I assumed you were some sort of right winger(you linked 'anarcho' 
fascist site mises.org in the past) but you are actually a radical commie? 

oh wellSorry, are you really really sure you are not trolling? 

Re: Cryptocurrency: Rise of Bitcoin Cash BCH

[Steven Schear]

A rolling epoch,  as suggested in the paper, not only helps keep the
blockchain length tractable it also prevents "submarining" from assets
which haven't moved since the early days of a blockchain (e.g.,
Satochi/Finney and new blockchain pre-mining).

On Mon, Jul 2, 2018, 1:30 PM juan  wrote:

> On Mon, 2 Jul 2018 06:49:04 -0700
> Steven Schear  wrote:
>
> > In 2013, a paper I contributed to offered a solution to the ever growing
> > blockchain delema: a finite epoch. The solution is similar the one Chaum
> > used on Digicash. It would fix, temporally,  the blockchain to include
> only
> > transactions for the past 2 years,
>
> and what happens to funds older than 2 years?
>
> "Any money still held from transactions in these blocks would be
> freed up, and released back to the network in the form of a lottery."
>
> lolwut - that's trolling, right? =)
>
>
>
>
> > for example, thus creating a blockchain
> > of tractable and predictable size for affordable full nodes.
> >
> >
> https://www.coindesk.com/bitcoin-activists-suggest-hard-fork-to-bitcoin-to-keep-it-anonymous-and-regulation-free/
> >
> > More recently, I've co-written a paper proposing a distributed service
> > solution that could solve thin wallet privacy and security issues without
> > needing to trust individual full nodes under the control of others.
> >
>

Re: Satoshi Nakamoto: Thoughts on excerpt from Duality?

[grarpamp]

> http://nakamotofamilyfoundation.org/duality.pdf

As all before to date... no proof... yet what does it matter,
and is not history a footnote to futures already present,
and are not tales woven within reality interesting, plausibly
true in their own right, even philosophically leaned upon.
Arthurian Cycles, MesoAmerican Rituals, Ancient Societies...


Honne and Tatemae: We Are All Cypherpunk...

More interesting is that to truly understand adopt and use Cryptocurrency,
one must seek understand adopt Cypherpunk and surrounding philosophies.
Hundreds of millions of people worldwide are now seeking understanding,
of their own free will, as it involves an area of direct primary
executive interest in
daily life... money... not abstract vagaries of crypto / privacy /
anonymity / anarchism.
This seeking is a monumental first, it is pull, not push...
Cryptocurrency is the fabled
killer app of Cypherpunk. Its impact upon the future cannot be underestimated.

Re: Cryptocurrency: Rise of Bitcoin Cash BCH

[jim bell]

 

On Sunday, July 1, 2018, 11:09:34 PM PDT, juan  wrote:  
 
 On Mon, 2 Jul 2018 00:22:03 -0400
grarpamp  wrote:


 "   as you know grarpamp (or maybe you dont know?) the size of bitcoins ledger 
is ~200 gbytes at the moment. "


On Amazon, I see a 200 GB micro SD card being sold for $71.  A 256 GB micro SD 
card is sold for $120.  Rather spendy, but within the realm of possibility.


About "a Gigabyte::  In my college days, 1978, we had a comedic, fictional 
dormitory organization called "TWePOE"  ("Third West Power Elite").   I, the 
only one with a functional personal computer on my hallway (my own homebrew 
"Bellyache I", a comedic take on the famous "ILLIAC 4), my room became the 
"GBDSC", short for "Gigabyte Data Storage Center", a subsidiary of the 
organization "MOIA", short for "Ministry of Information Abuse", whose ominous 
motto was, "We've got a file on YOU!"

I chose "Gigabyte" because, at that time, it was such an inconceivably 
fantasticly large amount of data storage so as to be awe-inspiring.  (An 8 inch 
SSSD floppy disk stored a grand 240 kilobytes of data, so it would have taken 
more than 4100 of them to house a full gigabyte.) 
Today, the idea that I could buy 1 million times the storage of one of those 
240 kilobyte floppies, held in a wafer smaller than my pinky-fingernail, 
remains amazing to me.  
        Jim Bell


    

    

  

Re: Cryptocurrency: Rise of Bitcoin Cash BCH

[grarpamp]

> lolwut - that's trolling, right? =)

The beauty of cryptocurrency is that it's new, not some tired
old govenment fiat money same game since thousands of years.
So all manner of new models can now be tried, new expectations,
thought, training, usage parameters, flag days, morphing, etc...
so many possibilities... eventually a handful reaching adoption.

Cryptocurrency isn't trolling... it's time.

Re: Cryptocurrency: Rise of Bitcoin Cash BCH

[juan]

On Mon, 2 Jul 2018 06:49:04 -0700
Steven Schear  wrote:

> In 2013, a paper I contributed to offered a solution to the ever growing
> blockchain delema: a finite epoch. The solution is similar the one Chaum
> used on Digicash. It would fix, temporally,  the blockchain to include only
> transactions for the past 2 years, 

and what happens to funds older than 2 years? 

"Any money still held from transactions in these blocks would be freed 
up, and released back to the network in the form of a lottery." 

lolwut - that's trolling, right? =)




> for example, thus creating a blockchain
> of tractable and predictable size for affordable full nodes.
> 
> https://www.coindesk.com/bitcoin-activists-suggest-hard-fork-to-bitcoin-to-keep-it-anonymous-and-regulation-free/
> 
> More recently, I've co-written a paper proposing a distributed service
> solution that could solve thin wallet privacy and security issues without
> needing to trust individual full nodes under the control of others.
> 

Because Reasons: Pirate Radio SDR and Anonymity

[grarpamp]

https://www.newyorker.com/magazine/2018/07/09/mapping-brooklyns-diverse-pirate-radio-scene

Transmission equipment has only become cheaper and more sophisticated.
"the technology has gone beyond what the law has been able to do,"
Between 87.9 and 92.1 FM, Goren counted eleven illegal stations, whose
hosts mainly spoke Creole or accented English. Pirates, he said,
"offer a kind of programming that their audiences depend on. Spiritual
sustenance, news, immigration information, music created at home or in
the new home, here."

https://www.theatlantic.com/technology/archive/2018/06/reddit-anonymity-privacy-authenticity/564071/

All that's required to create an account and post on any of Reddit's
1.2 million forums is an email address, a username, and a password.
You don't need to tell the company your birthday, your gender, or even
your real name. As Huffman put it on Thursday at the Aspen Ideas
Festival, which is co-hosted by the Aspen Institute and The Atlantic,
"Reddit doesn't want the burden of personal information ... and is not
selling personal information."
Huffman argued that anonymity on Reddit actually makes using the site
"more like a conversation one has in real life" than other exchanges
on the internet. "When people detach from their real-world identities,
they can be more authentic, more true to themselves," he claimed.

Re: Tim may Cryptonomicon in easily readable epub format

[P.J. Westerhof]

You of course mean 'The Cyphernomicon'.
Txt to be found at https://nakamotoinstitute.org/literature/cyphernomicon/

Gr.
Peter


P.J. Westerhof LL.M MIM
e-mail ~ pe...@isoc.nl
voice ~ +31 06 502.467.90


GnuPG fingerprint:
A67B B18A 0088 BFF0 C190 3681 6791 B7A7 3390 3D23

Satoshi Nakamoto: Thoughts on excerpt from Duality?

[mark M]

http://nakamotofamilyfoundation.org/

http://nakamotofamilyfoundation.org/duality.pdf

http://nakamotofamilyfoundation.org/cryptogram.html

Re: Cryptocurrency: Rise of Bitcoin Cash BCH

[Steven Schear]

In 2013, a paper I contributed to offered a solution to the ever growing
blockchain delema: a finite epoch. The solution is similar the one Chaum
used on Digicash. It would fix, temporally,  the blockchain to include only
transactions for the past 2 years, for example, thus creating a blockchain
of tractable and predictable size for affordable full nodes.

https://www.coindesk.com/bitcoin-activists-suggest-hard-fork-to-bitcoin-to-keep-it-anonymous-and-regulation-free/

More recently, I've co-written a paper proposing a distributed service
solution that could solve thin wallet privacy and security issues without
needing to trust individual full nodes under the control of others.

On Sun, Jul 1, 2018, 11:09 PM juan  wrote:

> On Mon, 2 Jul 2018 00:22:03 -0400
> grarpamp  wrote:
>
>
> as you know grarpamp (or maybe you dont know?) the size of
> bitcoins ledger is ~200 gbytes at the moment.  So one wonders how big it
> would get if bitcoin was used for small payments by many people (let alone
> so called micropayments). Seems like very few people would be able to run a
> validating node then?
>
> oh and yes, 'satoshi' himself dismissed the problem saying
> something like "put a few servers in a (NSA) datacenter"  - but even though
> 'satoshi' said that it remains a bad solution no?
>
>
>
>
>
>

What's a reasonable service for an internet only home connection that's least expensive?...

[don warner saklad]

What's a reasonable service for an internet only home connection that's
least expensive?...

British start-up launches 'new internet'

[Arjun Sachar]

A UK-based blockchain start-up has revealed what it is calling a new
version of the Internet.

*DADI (Decentralized Architecture for a Democratic Internet)
 *will be faster, cheaper and more secure, but most
importantly – the control over the network won't be in the hands of large
corporations, but rather in those who use it.


The network will be run by its users, who will hook up their devices
(gaming consoles, tablets, laptops, etc) to use their spare power to run
and co-own the network. Almost all of the revenue (85 per cent) will go
back to the users.


Explaining this new approach, DADI founder and CEO Joseph Denne said: “A
vast amount of computational power currently goes unused in homes and
businesses, around the world. Expensive computers, games consoles, set-top
boxes, smart televisions and other devices spend large amounts of their
life unused or in standby mode. And that’s the power we’ll harness for this
new network - drastically reducing reliance on expensive data centres that
harm the environment.”


“In the same way that homeowners can now install solar panels and sell
excess electricity back to the National Grid, the public will be able to
connect their devices in the home to the DADI network - earning passive
income as a contributor and part-owner of a fairer, faster, safer internet.”