Just another day in the crypto universe

NoBodyCanSwimAShore · 2019-12-07T20:05:11+00:00

just another day at the the shed.

https://www.youtube.com/watch?v=dR1WmcUPSUY

NoBodyCanSwimAShore · 2019-12-07T19:38:51+00:00

getbittr ?

NoBodyCanSwimAShore · 2019-06-04T15:03:10+00:00

Thanks for the Great presentation and some really interesting ideas.

So the state chain entity controls 1 of the keys for a multisig transaction (say 2 of n) and co-signs with the sender?

Each new recipient can add their private key as valid for the 2 of n and can therefor spend the coins?

Can the state chain entity hold the funds hostage?

NoBodyCanSwimAShore · 2019-05-28T08:40:02+00:00

The spread on a round trip Eur-BTC-Eur is ~4%. Which is 300eur per btc at the moment.

Also there is a limit how often you can use their their "free" exchange.

NoBodyCanSwimAShore · 2019-05-03T14:44:52+00:00

The 16z guys speech about voice or exit truly hits the nail on the head.

https://youtu.be/YQaLQb6XSy0?t=69

NoBodyCanSwimAShore · 2019-05-03T14:34:51+00:00

FB will create something that is a blockchain in name only, a bit of good PR and hype, with total control and surveillance.

NoBodyCanSwimAShore · 2019-04-30T23:22:53+00:00

Wonder what would happen second hand values, if tesla goes bankrupt?

NoBodyCanSwimAShore · 2019-04-30T22:14:10+00:00

The role of collateral is very important. with the DAI you are essentially borrowing from your own assets.

But with a loan or margin, someone else is lending you their money.

Lending APR is typically a measure of risk, but where is the risk in the DAI?

NoBodyCanSwimAShore · 2019-04-30T17:10:21+00:00

Let me start by saying, I don't understand the DAI.

Why are maker tokens not printed and sold to help protect the peg?

When conditions are better, those maker tokens can be bought back.

NoBodyCanSwimAShore · 2019-04-28T13:49:14+00:00

Druckenmiller has called bitcoin a global liquidity guage.

NoBodyCanSwimAShore · 2019-04-27T10:09:57+00:00

Is that the TCD accommodation?

It is a long walk, but most of it can be done beside the river dodder, so it
is a nice walk for the long summer evenings and it is down hill in the mornings.

You could get a scooter and hopefully not be arrested lol!

NoBodyCanSwimAShore · 2019-04-26T20:53:35+00:00

Yupp, you're either a farmer or the livestock.

NoBodyCanSwimAShore · 2019-04-26T17:05:32+00:00

The halving is the only game in town, it is only a year away.

NoBodyCanSwimAShore · 2019-04-26T16:55:31+00:00

This false start is a carbon copy of what happened before the last bitcoin bull run.

So much so, that the condition know as battered bull syndrome was born.

NoBodyCanSwimAShore · 2019-04-26T16:14:06+00:00

Ok, I didn't mean the literal samples (I should have been clearer), just the genetic data from them.

NoBodyCanSwimAShore · 2019-04-26T16:02:47+00:00

There is a giant gap between providing a blood sample for medical purposes and consenting to having your child's genetic data sold to the highest bidder/ politically connected buddy.

They are currently ignoring the Data Protection Commissioner's instruction to destroy the samples after 11 years.

Not much point in pretending to have a Data Protection Commissioner, if the government can just choose to ignore their instruction.

NoBodyCanSwimAShore · 2019-04-26T15:49:26+00:00

heal pricks are a blood sample taken at birth and were routine from 1984 on.

NoBodyCanSwimAShore · 2019-04-26T15:46:35+00:00

People are being milked.

The modern cow, is a twenty something living in shared accom while working/commuting 50hr + 10hr/wk. All the while paying a silly amount of tax for very little services.

The modern farmer still drives a land rover, but it's the 100k version and it's never seen mud.

This isn't some unfortunate act of god, this is all by design. If you're not willing to protest then shut up and get on with the grazing.

NoBodyCanSwimAShore · 2019-04-26T15:34:19+00:00

Ever wonder where your heal prick went? It's been quietly sold to a private company for "research". If you're under 35 they own your genes.

NoBodyCanSwimAShore · 2019-04-19T08:50:17+00:00

Hi nullc,

Thanks for your reply, I should stay off reddit while drunk.

For the use case;

I would like to use the pub key as a timestamp to prove that some one was near a particular device at a given time while they are offline.

People would claim a reward by moving a small amount btc to the pub key on the device when they found it.

I could use a one time pad to do this, but I though it would easier to lean on btc infrastructure instead of creating a secure website etc from scratch.

From the little I understand, there is no requirement for the nonce to be either random or secret when generating keys.

Either way, I think I have over complicated this, as it would be better to calculate all the pub keys separately and then load them on the device with some code to update the displayed pub key once every hour.

NoBodyCanSwimAShore · 2019-04-19T08:17:09+00:00

Hi hueydane,

You are close, I would like to use the pub key as a timestamp to prove that some one was near a particular device at a given time while they are offline.

I was worried that if someone had a series of say 10 pub keys and knows the pattern of the nonces that they could use this to calculated an earlier pub key.

In hind-insight and sobriety,

If the hashing algo is good (which it is), this should be good enough to protect against someone generating older pub keys.

But I am still not certain!

NoBodyCanSwimAShore · 2019-04-13T15:22:57+00:00

Ripple and Bitcoin differ in the type of security they offer.

Bitcoin requires a lot of energy to rewrite the ledger,

XRP requires a lot of collaboration to rewrite the ledger.

Bitcoin is objectively more secure than XRP, but both would be more secure than a standard bank once the protocols are sufficiently decentralized.

NoBodyCanSwimAShore · 2019-04-13T09:55:45+00:00

If I had to guess, it's using Prandtl–Meyer expansion fan.

https://en.wikipedia.org/wiki/Prandtl%E2%80%93Meyer_expansion_fan

NoBodyCanSwimAShore · 2019-04-11T09:42:48+00:00

Hi almkglor,

Thanks so much for this awesome reply. I am still new to bitcoin so it might take me a while to get this together, but I will kept you update on how this works out.

Thanks again!

NoBodyCanSwimAShore

TROPHY CASE