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SYSV Fanfic posted:On behalf of Mr nusk we are giveaway, for a limited time you can send up to 2 nusk eggs to adress DEADBEEF and recieve 2x nusk eggs back Limited time. I just sent 0.00025 nuskyegg to el0n and got 0.01 back. Seems legit, I’m sending 400 let’s go, all in HODLers!
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May 17, 2021 03:33
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*from bathroom stall* I’m minin’ here
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May 17, 2021 03:35
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KnifeWrench posted:the only way that framing ever made sense to me is that the "problem" they're solving is actually reversing the hash, which is so hard as to actually be impossible if anyone developed an algorithm to successfully reverse a hash they could just generate arbitrary numbers of completed blocks as fast as their algorithm would run, each of which is currently worth something like $280,000. i don't know how the bitcoin system would handle that sort of scenario but it's impossible to do it anyway. ...unless... how is bob dobbs' project coming along?
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May 17, 2021 03:37
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Finding a suffix that hashed with a given prefix outputs a value with a bunch of 0s in a row in it is a hard math problem, so hard that nobody knows a better way than guess-and-check. I think it's fair to say it in a technical sense; while a layperson might assume "hard math problem" somehow means "useful work". On that topic, a friend told me he was looking at coins that are doing "useful" things for the mining / proof of work. Is there such a thing? I tried googling for this but it doesn't really seem to exist. The closest I could find is like some SETI coin that is mined like normal but gives you a coin reward for doing SETI stuff.
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May 17, 2021 06:05
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what could be more useful than protecting bitcoincashcoin special victim's unit coin classic's blockchain from attacks from foreign aggressors?
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May 17, 2021 06:23
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https://twitter.com/gatesofknowledg/status/1393949417124868097 i really want to know what the hell this dude was replying to but it was deleted e: lol twitter doesn't even show it was a reply to anything if you link directly to it, great 
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May 17, 2021 06:43
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that dude's twitter led me to this excellent fuckin' idea https://twitter.com/ZssBecker/status/1393661145400156161 be your own algorithm
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May 17, 2021 06:51
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Mastodon but Even Worse
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May 17, 2021 06:53
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i also love the fuckin' thought of a decentralized system that somehow still has ads and the ads pay you to view them i really wanna know how they expect the ads to confirm they've been viewed in a way where you can't just trivially fake it, like you'd need a proof of eyeballs coin or something
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May 17, 2021 06:54
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Also entirely unbeholden to local laws about, say, CP or Nazi poo poo.  goldfringr.io
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May 17, 2021 06:54
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Shame Boy posted:i also love the fuckin' thought of a decentralized system that somehow still has ads and the ads pay you to view them you just shoot your BasicAttentionTokens out of your eyes at the ads and the ads eat them and defecate bitcoins that you then give to a toaster so that it releases toast from its orifice
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May 17, 2021 07:04
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i have starlink and it sucks, elon musk is a fraud
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May 17, 2021 07:29
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Shame Boy posted:that dude's twitter led me to this excellent fuckin' idea
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May 17, 2021 08:38
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Shame Boy posted:that dude's twitter led me to this excellent fuckin' idea Love all the people in replies who shill failed products that allegedly would allow creation of this clusterfuck.
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May 17, 2021 09:06
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Boxturret posted:hi im elom nusk, here to give you an exciting investment opportunity! I am creating my own krypt-o-coin called musk eggs. each musk egg is personally birthed by me, elon msuk. doctors advise me that a healthy musk can only hope to safely birth 21 million musk eggs in their life time, so get yours quickly! simply send any amount of tethers, bit-coins, or dogs to me and I will send you an equivalent amount of my unfertalised offspring! https://www.youtube.com/watch?v=yENmufztolo
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May 17, 2021 12:49
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cool av posted:
it's literally impossible. the moment the work is useful, you can't verify it without redoing it yourself. the whole reason useless busywork is used for all of these is because it's trivial to verify for consensus. if you start doing something less useless, then the network checking your work needs to duplicate everything you've done for every confirmation, which is now a nontrivial calculation. this leads to all sorts of problems where miners can fake work because the network will inevitably skip the verification step, and then your useful endeavor (i.e. folding@home) is clogged with junk data and worse off than when you tried to incentivize it. Shame Boy posted:https://twitter.com/gatesofknowledg/status/1393949417124868097 showed up for me. 
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May 17, 2021 14:49
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eh, I'll just dip the i/o cable into a mug of hot chocolate
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May 17, 2021 15:08
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KnifeWrench posted:showed up for me. that’s weird, it definitely didn’t work for me when i saw that post yesterday, but now i see it fine.
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May 17, 2021 15:09
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KnifeWrench posted:it's literally impossible. the moment the work is useful, you can't verify it without redoing it yourself. the whole reason useless busywork is used for all of these is because it's trivial to verify for consensus. if you start doing something less useless, then the network checking your work needs to duplicate everything you've done for every confirmation, which is now a nontrivial calculation.
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May 17, 2021 15:19
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Eeyo posted:that’s weird, it definitely didn’t work for me when i saw that post yesterday, but now i see it fine. adding a confirmation to the post chain
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May 17, 2021 15:22
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Shumagorath posted:Didn't Folding and SETI specifically send data to multiple clients to be resilient against fakes? okay, so you can't get away from duplicating the work somewhere, but at least this solves the incentive to skip verification. that's good but unless I'm missing something, it only works if there's a centralized authority distributing the work and doing the verification, right? at which point the whole cryptocurrency model goes out the window
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May 17, 2021 16:09
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i will be applying because my brownies are excellent
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May 17, 2021 16:41
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KnifeWrench posted:okay, so you can't get away from duplicating the work somewhere, but at least this solves the incentive to skip verification. that's good yeah and way early on there was some coin that basically used BOINC server data (the platform that SETI@Home and the other Actually Useful Work projects run on) to allocate coins. it never caught on.
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May 17, 2021 16:57
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KnifeWrench posted:it's literally impossible. the moment the work is useful, you can't verify it without redoing it yourself. nope. NP complete problems are a counter example, a solution can be checked in polynomial time, but finding one requires (as far as anybody knows) exponential time.
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May 17, 2021 17:20
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buttcoin is also an O(1) verifiable solution rather than an optimization problem (folding) or running DFTs to find patterns (SETI).
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May 17, 2021 17:47
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Zopotantor posted:nope. NP complete problems are a counter example, a solution can be checked in polynomial time, but finding one requires (as far as anybody knows) exponential time. there are plenty of operations that are hard to do but easy to check (like, for example, the ones every single coin out there is built on), they're just usually not actually useful work which is the whole point here.
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May 17, 2021 19:09
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also, while going from exponential to polynomial time is substantially easier, and technically isn't "redoing the work" as I oversimplified, it is still nontrivial, which incentivizes skipping or shortcutting verification in a decentralized system the other main point
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May 17, 2021 19:56
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great https://twitter.com/pinboard/status/1394408778934611968
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May 17, 2021 23:46
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its been in my twitter trends for like 3 days, learn more about Chia the new green cryptocurrency! 
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May 17, 2021 23:52
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if we just shove more code in to the problem I'm sure we can fix it
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May 18, 2021 00:01
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i think in chia you actually need >50% of "honest" miners to ensure security, so i think it's like a 39% attack to compromise the network.
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May 18, 2021 00:05
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im the Bram Cohen Bingo™ cards
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May 18, 2021 00:07
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Hyperloop-rear end ideology 
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May 18, 2021 00:16
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Boxturret posted:if we just shove more code in to the problem I'm sure we can fix it
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May 18, 2021 00:41
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look out here comes my code
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May 18, 2021 00:46
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im the text editor and internet connection you can access without corporations or banks
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May 18, 2021 00:52
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Juul-Whip posted:Hyperloop-rear end ideology
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May 18, 2021 00:55
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Computer, hear my plea. I beg thee, make it so my transaction work correctly. I offer thee my code as a sign of my devotion. while thing = bad thing == good
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May 18, 2021 01:08
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https://twitter.com/thr/status/1394398366096887813?s=21
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May 18, 2021 01:15
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animated at 7 fps
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May 18, 2021 01:19
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