On Sat, 21 Jul 2018 23:19:11 -0400
grarpamp wrote:
>
> "a few servers in a datacenter"... sounds fatally cerntralized.
I was paraphrasing =P - here's the 1000% 'authentic' quote :
https://www.mail-archive.com/cryptography@metzdowd.com/msg09964.html
"
Long before the network gets anyw
> 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?
200GiB? So like <= 8TiB/100y @
This "reclamation", on a blockchain such as implemented BTC
currently, has no privkeys and cannot "reclaim" or "steal" any coin
to any address, it can just erases them from the chain without
further issuance. Call it erasing instead, a dick move since...
The expectation of BTC and most other schem
On Mon, Jul 2, 2018 at 7:29 PM, Steven Schear wrote:
> assets which haven't moved since the early days of a blockchain (e.g.,
> Satochi/Finney
Everybody likes to trot out this early bagholder FUD to scare adoption.
In reality, even assuming 2M out of the extant 16.5M BTC are still out
there as s
On Tue, 3 Jul 2018 20:48:05 +0530
mark M wrote:
>
>
>
> Couldn’t we just prune the old spent transactions in the blockchain and keep
> the chain and dB smaller
well, to verify new transactions you only need the UTXO set - problem
is, in order to get the UTXO set you hav
Couldn’t we just prune the old spent transactions in the blockchain and keep
the chain and dB smaller
>
> On Jul 3, 2018 at 6:58 AM, mailto:juan@gmail.com)> wrote:
>
>
>
> On Mon, 2 Jul 2018 17:50:02 -0700
> Steven Schearwrote:
>
> > I gu
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 fa
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 S
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. He
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
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 blockch
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
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 2
> 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...
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
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
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). Se
https://www.youtube.com/watch?v=Z_Zk9ioPFyg
https://www.youtube.com/watch?v=16DxRgfnqow
https://www.youtube.com/watch?v=Q5aiLNJ88Gs
https://www.youtube.com/channel/UCetxkZolEBHX47BqtZktbkg/videos
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