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You're either confused or the details have changed since you looked at it 8+ years ago. The address space for sale is 32-bit. There is also a 128-bit space that

You're either confused or the details have changed since you looked at it 8+ years ago. The address space for sale is 32-bit. There is also a 128-bit space that is free https://urbit.org/blog/the-urbit-address-space/ https://urbit.org/blog/the-urbit-address-space/

lisper 6y ago
Actually, it's just a 128-bit address space (so I was wrong about it being 64-bit, but this just makes the problem that much worse). Parts of this space are divvied up IP-address style into 96-bit-wide blocks (and some other parcel sizes as well), so that carves out a 32-bit sub-space. But no matter how you slice it, the fact remains that they are selling a digital asset at a valuation that exceeds the total economic output of the known universe by several orders of magnitude. If that's not a scam, I don't know what is.
- defen 6y ago
  > they are selling a digital asset at a valuation that exceeds the total economic output of the known universe by several orders of magnitude. If that's not a scam, I don't know what is. But they're not. There are 2^32 planets. A planet is the minimum unit of personal identity and is meant to correspond to a "responsible adult human". Within a planet you can have 96 bits of sub-identity, if you want to have things subordinated to your own identity (e.g. your IOT stuff, your phone, your router, your car, your kids, whatever). No one is buying a 128 bit identity. You can buy planets right now for $10-$20 on opensea. $20 * 2^32 is about 10% of the annual military budget of the United States, not several orders of magnitude larger than the total economic output of the known universe.
  - lisper 6y ago
    OK, so the market price has gone down since I last looked. Still, even at $10, that's still a valuation of $40 billion. That's in the same league as Dow Chemical and Capital One. So I very much stand by what I said above about fools and their money.

lisper 6y ago

Actually, it's just a 128-bit address space (so I was wrong about it being 64-bit, but this just makes the problem that much worse). Parts of this space are divvied up IP-address style into 96-bit-wide blocks (and some other parcel sizes as well), so that carves out a 32-bit sub-space. But no matter how you slice it, the fact remains that they are selling a digital asset at a valuation that exceeds the total economic output of the known universe by several orders of magnitude. If that's not a scam, I don't know what is.

defen 6y ago
> they are selling a digital asset at a valuation that exceeds the total economic output of the known universe by several orders of magnitude. If that's not a scam, I don't know what is. But they're not. There are 2^32 planets. A planet is the minimum unit of personal identity and is meant to correspond to a "responsible adult human". Within a planet you can have 96 bits of sub-identity, if you want to have things subordinated to your own identity (e.g. your IOT stuff, your phone, your router, your car, your kids, whatever). No one is buying a 128 bit identity. You can buy planets right now for $10-$20 on opensea. $20 * 2^32 is about 10% of the annual military budget of the United States, not several orders of magnitude larger than the total economic output of the known universe.
- lisper 6y ago
  OK, so the market price has gone down since I last looked. Still, even at $10, that's still a valuation of $40 billion. That's in the same league as Dow Chemical and Capital One. So I very much stand by what I said above about fools and their money.