Post
Topic
Board Altcoin Discussion
Re: Changes to the Alogrithm Prohibited or disputed?
by
S.Boxx
on 26/11/2014, 04:10:34 UTC
Let me try to translate Vitelik's bulshiteese into more straightforward English:

Quote from: me in somebody's else voice

"I have zero experience in working with actual financial software. I even have no amateur's interest in learning how it works. I'm writing a demagoguery targeted at the lowest common denominator of code monkey: Javascript or PHP programmer for the web services."

                                                                                                                                                                                    ©2112

Are you trying to suggest Vitalik isn't a prolific programmer or hasn't co-developed his own software stack?

https://github.com/vbuterin

I'm saying he doesn't know much about anything.....here is a typical Vitalik statement:

Vitalik Buterin:

"…lower threshold that the total satoshi count manages to fall just below: the largest possible integer that can be exactly represented in floating point format"

Bullshit detector tripped!

Floating point since forever had two flavors: binary and decimal. The most well known standards are: IEEE 754-1985, IEEE 854-1987 & IEEE 754-2008. The only remaining question is which flavor of bullshit is being served here:

1) undereducated/incompetent
2) intentional deception/preliminary setup for future fraud
3) two-for-the-price-of-one mixture of the above

Standard links for those who are not afraid of the truth and not afraid to admit that they may have slept through some lecture:

http://en.wikipedia.org/wiki/Decimal_floating_point
http://speleotrove.com/decimal/

                                                                                               ©2112