Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Last of the V8s
on 07/01/2018, 09:56:36 UTC
now satoshi acted in good faith
but he did not understand perfectly what he'd invented and since then his invention overtook him à la pandora's box

...

asciilifeform: mining-is-a-bug(tm)(r)
mircea_popescu: the bricking-of-extant-asics moment edges ever closer.

Last time I checked, it seemed MP et al were hoping a PoW function that requires unbounded memory would rescue them from those who control the ASIC foundaries, but I had pointed out that it can be DoS attacked (because the requirement for memory is unbounded). Even if it worked, it wouldn't resolve the incentives incompatibility of transaction fees. Is there a new epiphany I should be aware of?

MP seems to underestimate the forethought of the Zionists. He's a large whale unaware of the whaling ship and net that will devour him someday. He's serving a useful role though and they'll play along for the time being.

check more often and further back lol. and get more sleep===make more sense