randomhodler84

11 ms·

91.
by randomhodler84 4y ago
It’s not an anonymous account, I believe it is Senator Cynthia Lummis (team?) soliciting opinions via GitHub PR. It’s a pity more people are not taking the experiment seriously.
92.
by randomhodler84 4y ago
If this was true, in it was easier to steal or extort; the miners would be stealing or extorting. Such is the nature of the Bitcoin game.
93.
by randomhodler84 4y ago
I don’t know if we have a way or model of calculating it accurately yet. It exists.
94.
by randomhodler84 4y ago
Better to spill the electrons of the enemy than their blood. We can only hope that future warfare is computational, rather than kinetic.
95.
by randomhodler84 4y ago
Not quite :-) I believe it is part of the equation. I don’t think it is the nature that work occurred applies value — rather the demand for something that someone has sacrificed something for exists — in art, generally a work that has sacri
96.
by randomhodler84 4y ago
Do you think 20 years from now people will be using (some variant of) BitTorrent protocol, invented in 2001 for peer to peer file exchange? I do.
97.
by randomhodler84 4y ago
AES, the criminal math. Every day countless innocent bytes are diffused and confused JUST because someone might be watching. Where will the madness end!
98.
by randomhodler84 4y ago
That we had to fight for them be created. Eternal hash war. We didn’t wave a pen or type a keystroke to magic them into existence.
99.
by randomhodler84 4y ago
Litecoin also has some privacy features now too — MWEB (mimblewimble extension blocks) that aggregates all MW tx into a single blob, and hides the amounts transacted. Check it out if you haven’t seen it, it would be good for the network to
100.
by randomhodler84 4y ago
Sure but why would anyone want Jed’s PoS token in the first place? They just printed it and gave it away to people on Facebook when launched. Like all PoS tokens, they have no value and cannot really be used as a universal medium of exchang
101.
by randomhodler84 4y ago
My fav scam is TCP/IP. I can’t believe they made every computer on earth speak it and in general accept traffic from anyone else on the planet! Without permission! Haha it’ll never work.
102.
by randomhodler84 4y ago
Reality is people will learn NYKNYC eventually. It’s a multi year journey for some. We had the largest outflow of BTC for exchanges ever last week. Ledger hit new sales records for sale of hardware wallets. People are getting it. I will
103.
by randomhodler84 4y ago
Agree about understanding the threat — but I really don’t think I am avoiding the threat model here. I’ve been philosophizing on the nature of Bitcoin for a long time. You haven’t given me an attack that would defeat this system yet. If you
104.
by randomhodler84 4y ago
“Wow, Mickey Mouse and Donald Duck are getting a lot of withdrawals lately!”
105.
by randomhodler84 4y ago
POWERFUL TECHNOLOGY!
106.
by randomhodler84 4y ago
Multisig constructions were created for the torture case. There are unfortunately cases where this has proven true. I know your opinion re usefulness, noted. It contrasts greatly with my experiences. Some of us dream up ways to keep the Sta
107.
by randomhodler84 4y ago
Could sure, but that’s not how ransomware typically works. Typically, it is a non interactive process that is enabled by automated application of strong encryption delivered via a binary payload. It is encryption that puts the user in dange
108.
by randomhodler84 4y ago
Agreed. Crime is not a good thing, and please do not thing I am trying to endorse it. I just know that it exists and will use whatever resources it has access to. I philosophically disagree with denying ourselves something because someone s
109.
by randomhodler84 4y ago
It’s far closer to the truth than you are willing to admit. Ransomware is primarily enabled by encrypting your files. How they take payment is irrelevant. No encryption (eg: a universe where AES, RSA, ECEIS is broken), no ransomware. My pos
110.
by randomhodler84 4y ago
Yeah, sorry, I lost it all in a tragic boating incident.
111.
by randomhodler84 4y ago
Ironically the zksnark paper had a glaring, crypto system breaking error and the implementers of zcash went out of their way to hide the parameters until sapling, where they could correct the problem. That being said, zcash is a quite usefu
112.
by randomhodler84 4y ago
David, I am highly concerned about fairly new and poorly understood zkproof systems vs transparent blockchains for long term storage. Monero, Grin, Zcash; have all had their issues. What would be required in your mind for you to trust Mina
113.
by randomhodler84 4y ago
They will take my intels amd and rpis from my cold dead hands!
114.
by randomhodler84 4y ago
There are trade offs. I am acutely aware of them. In other conversations I will freely explain. I also know history, probably better than most on this board. This conversation is about trying to find the crux of your disbelief. The thing is
115.
by randomhodler84 4y ago
Fair enough, I also like the doge community. It’s hyper positive. I’m happy to spend doge on beer and stack sats for the apocalypse.
116.
by randomhodler84 4y ago
“Oh so that’s ok then!”. You are feeding into my point. I get what you are trying to say, but I counter it by saying the same amount of Bitcoin sats are associated with the same address it was sent to. No haircuts, no confiscation. Check hi
117.
by randomhodler84 4y ago
Yes, and I tell people not to store on exchanges, take custody of their coin. There is no bank in Bitcoin! Agree, there is risk for the 5 minutes it takes to transfer the coins out. If you are on boarding from fiat, there is a degree of tru
118.
by randomhodler84 4y ago
The problem is where does one determine the point of tyranny? You will find that even the most apparently benign governments can turn given the political will of elected tyrants. I’d say a government that outlaws abortion is a tyrannical ov
119.
by randomhodler84 4y ago
Indeed! We should also ban crime too, that will surely stop it. Why not get rid of general purpose computation and global communication networks while we are torching our technological footprint.
120.
by randomhodler84 4y ago
I mean no offense to you personally, it’s just one of my quests in life to dispel misunderstandings of this revolutionary technology. It’s easy to find flaws in any tech. It’s how we adapt that is important.

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