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0 sats \ 0 replies \ @DiedOnTitan 14 Oct \ on: Write a horror story using only 3 words the_stacker_muse
c'mon parachute. Open.
Cacao is a super food. I make a superfood smoothie almost every day that includes cacao nibs among other nutritionally dense foods. Listed below are some of the benefits:
Does that make companies like Strategy (US), Smart Web (UK) etc. soft acquisition targets of their respective bankrupt governments, with some pretext they come up with?
Yes. The sly and roundabout pretext might look like a U.S. mandated hard fork, in collusion with Coinbase and Blackrock, with a "National emergency" wrapper such as, "Bitcoin is being used to fund terrorism and CSAM and blah blah blah, therefore we need to hard fork it to the U.S approved version to root out this evil". This announcement will be made on a Friday at 4:05 PM EST right after market close.
Since none of the MSTR or IBIT shareholders have keys, nor do they run nodes, they have no say whatsoever. And since the market is closed, have no chance to liquidate their holdings. It is simply mandated and enforced. Sound like a Black Mirror dystopian fantasy? This hard fork risk factor is mentioned in the ETF prospectus. MSTR and IBIT shareholders do not get to decide which fork to accept and are left with a rug-pulled shitcoin and the biggest bait and switch of the millennium is concluded.
TLDR; Run an economic node.
What is your take on Bitmain's near monopoly on ASIC production given their history of deception (ASIC Boost)?
There are millions of Joshes in the world.
They congregate on r/buttcoin
Josh is more articulate than most there. His arguments at least have some basis in Austrian economics. He could position himself as the Buttcoin Overlord.
Yes. A single S19 would take 5.3 years to crack 74 bits of entropy: 17 char hex salt = 68 bits + 6 bits for the spin. It would take a couple of million S19s to crack this under a minute, so it passes the sniff test as "provably fair".
I mean the current setup is already "provably fair theatre" no matter if you show the full hash or not.
No. The concept is sound. If the roll is hashed, and the hash is revealed before the spin ends, then the roll is provably fair, because it cannot be changed without changing the hash.
However, It is trivial to create SHA256 hash collisions against a 7 character string. It is impossibly difficult to create collisions with the full 64 character hex string.
The authors know this - they base their entire thesis on this principle. Which is why it smells. They try to give the impression of being provably fair, while limiting the hash to just 7 characters is provably not fair. They have been advertising heavily here, unless this is addressed asap - show me the hash, @SN should reject their advertising sats and tell them to look for suckers elsewhere.
It's still not ok. Limiting visibility of the hash to the first 7 characters is "provably fair theatre". Very easy to create collisions at only 7 chars. Waiting for them to show the full hash.
Honestly, I find it highly suspect that you only print the first 7 characters of the hash. I wrote a script that finds collisions within 8 seconds on a normal desktop. Given a minute between spins, this gives you plenty of opportunity to pick a number that favors the house. To immediately address this, and if you are concerned about the full hash taking up too much "real estate", use a tooltip so that when we hover, we see the full hash. Then, and only then, will this be "provably fair". Because right now, this is "provably fair theatre".
Hey @supertestnet. It would be a huge loss for SN if you left. You are one of the few people I follow here. Your contributions and energy that you bring to the wider development effort is not to be understated. My account has accumulated both CCs (somehow) and sats, and I am not clear if I have a choice which to zap, so in this case, I supported you directly and I would like to continue participating (real time or not) in your workshops. I know value when I see it, let me know where you land, and I will be there.
This is very helpful! I really enjoy these OP code puzzles that solve established use cases. Cheers!
You are right. Thank you. Keys don't move. Sometimes exchanges allow you to move their bitcoin, the ones you paid for, to an address for which you alone have the private keys. Only at that point does the Bitcoin become truly yours.
Thanks for sharing the thought provoking summary of the world's largest man made networks. One possible inclusion would be the SWIFT network which includes 11,000 financial institutions. source