Matches for from:asciilifeform, 112685 total results Sorted by newest | relevance
Mon Nov 07 17:15:16 UTC 2016 <asciilifeform> who can tell themselves a story about being legit passengers 'just like others' etc.
Mon Nov 07 17:15:03 UTC 2016 <asciilifeform> then there are the 'roof riders'.
Mon Nov 07 17:14:58 UTC 2016 <asciilifeform> there is 'the train', e.g., coin limit, block reward decay, prohibition on basic double spend, etc.
Mon Nov 07 17:14:10 UTC 2016 <asciilifeform> ditto with the 'anyone can spend' idiocy.
Mon Nov 07 17:14:01 UTC 2016 <asciilifeform> not from trb's pov
Mon Nov 07 17:10:18 UTC 2016 <asciilifeform> but considerably less (how much less, is difficult to say) for demolition of 'soft forks'.
Mon Nov 07 17:10:04 UTC 2016 <asciilifeform> funkenstein_: you need sustained 51% for complete demolition of the protocol
Mon Nov 07 17:06:35 UTC 2016 <asciilifeform> if your yield is funneled into purchasing/bribing/threatening miners - it holds.
Mon Nov 07 17:05:26 UTC 2016 <asciilifeform> if the potential yield from annihilating the timelocks is sufficiently above the cost (incl. the opportunity cost of simply mining 'normally') it will fire.
Mon Nov 07 17:02:45 UTC 2016 <asciilifeform> that'd be too short -- by definition
Mon Nov 07 17:00:23 UTC 2016 <asciilifeform> what about it ?
Mon Nov 07 16:59:48 UTC 2016 <asciilifeform> which is why there is not particularly much kept in these.
Mon Nov 07 16:59:34 UTC 2016 <asciilifeform> one could, for instance, drain all of the 'timelocked' crud with considerably less than 51%, and reasonably short burst.
Mon Nov 07 16:58:34 UTC 2016 <asciilifeform> the reason why 'timelock', 'segwit', etc. are roof-riders on the train is that these misfeatures require gentleman's agreement among miners (and considerably more than the customary 51%) to refuse to mine certain broad classes of tx, for the misfeature to continue working
Mon Nov 07 16:55:00 UTC 2016 <asciilifeform> all you need is a relatively modest hammer, to whack the 'segwit' thing into chain divergence.
Mon Nov 07 16:54:00 UTC 2016 <asciilifeform> so mr. long dong, of shanghai, goes & spends.
Mon Nov 07 16:52:06 UTC 2016 <asciilifeform> fork war.
Mon Nov 07 16:52:04 UTC 2016 <asciilifeform> so i go & spend.
Mon Nov 07 16:51:37 UTC 2016 <asciilifeform> punkman: your node relays tx without a valid signature ?!
Mon Nov 07 16:49:11 UTC 2016 <asciilifeform> aha. quite different thing.