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Nice. 15:25:45 TD has joined #bitcoin-wizards 15:28:06 cypherdial has quit 15:37:48 orperelman has joined #bitcoin-wizards 15:46:13 orperelman has quit 15:48:04 jcrubino has quit 15:50:21 DougieBot5000 has joined #bitcoin-wizards 15:55:00 orperelman has joined #bitcoin-wizards 16:17:20 zacm has quit 16:17:26 zacm has joined #bitcoin-wizards 16:30:35 TD has quit 16:34:02 TD has joined #bitcoin-wizards 16:35:12 mr_burde_ has quit 16:41:02 wallet42 has quit 16:41:44 wallet42 has joined #bitcoin-wizards 16:45:19 Ursium has quit 16:46:29 nOgAnOo has quit 16:49:03 rdymac has quit 16:51:38 rdymac has joined #bitcoin-wizards 17:02:55 jtimon_: the amoral marketer in me thinks maaku's use of dogecoin to pump freidmarkets is very shewed 17:03:50 can't find shewed... 17:04:00 shrewd 17:04:26 * petertodd hooked on fonics worked for me 17:04:52 we have more stuff in mind "Litemarkets: like gold to colored coin's silver" 17:05:38 jps has joined #bitcoin-wizards 17:05:40 jtimon_: I think you need a cheese analogy, because you can find that kind of thing on the moon 17:06:25 MoALTz_ has joined #bitcoin-wizards 17:06:29 apparently people didn't undesrtood what free software means and kept complaining about freicoin's demurrage and foundation when talking freimarkets 17:06:43 so maybe people get it this way... 17:07:00 wallet421 has joined #bitcoin-wizards 17:07:01 wallet42 has quit 17:07:01 wallet421 is now known as wallet42 17:07:11 jtimon_: lol, though speaking of, I noticed that doge's issuing scheme is bugged and results in 5% inflation forever (notied == saw on reddit) 17:07:30 jtimon_: hilarious that actually matches almost what how I think crypto-currencies should workd! 17:07:41 and if those dogs are funding the jamaican bosleigh team... 17:07:48 heh 17:07:55 I'll have to buy some 17:08:16 maybe the perpetual inflation was on purpose, some other alts have it 17:08:40 well the github discussion seems to indicate it wasn't, but anyway, happy accident 17:08:50 petertodd: that means the int64 amounts should overflow at some point? 17:08:54 (pity it'll probably be removed in a hard fork...) 17:09:10 UukGoblin has quit 17:09:11 crescendo has quit 17:09:11 adam3us has quit 17:09:12 ssshhh has quit 17:09:14 sipa: what amounts though? there's no "total coins" amount in the consensus code 17:09:14 adam3us1 has joined #bitcoin-wizards 17:09:20 MoALTz has quit 17:09:20 Guest81487 has quit 17:09:27 jarpiain has joined #bitcoin-wizards 17:09:47 petertodd: I think what sipa means is that you could cause overflows at some point 17:09:57 sipa: I think the tx code is probably safe because of MAX_MONEY (which the doge team apparently thought was what set the max amount of money) 17:10:06 jarpiain is now known as Guest72236 17:10:13 crescendo has joined #bitcoin-wizards 17:10:34 petertodd: right, i mean more that MAX_MONEY may at some point in the future become uselessly low 17:10:34 crescendo has quit 17:10:34 crescendo has joined #bitcoin-wizards 17:10:40 ssshhh has joined #bitcoin-wizards 17:10:44 jtimon_: sure, but if no consensus critical code is affected they're ok, and anyway, checked again and it's not 5% inflation, but a linear coin # increase, so it'll take awhile 17:10:56 oh 17:10:59 boring :) 17:11:10 sipa: well, saying "inflation" was bad of me, so I think they're ok 17:11:25 it's monetary inflation 17:11:35 not necessarily price inflation 17:11:37 jtimon_: yup, just not numerical inflation :P 17:11:38 yeah, it's money inflation not price inflation 17:11:42 not what i meant 17:11:43 Guest88335 has quit 17:11:53 just that linear increase and not exponential is boring 17:12:08 sipa: yeah, well, time to make expocoin... 17:12:14 sipa: e-coin! 17:12:17 exp(coin) 17:12:24 e^coin! 17:12:41 actually, it's O(coin) - the inflation is proportional to the amount in circulation 17:12:42 most people believe freicoin and expocoin are equivalent 17:12:54 jtimon_: aren't they (apart from psychology) ? 17:13:08 sipa: heh, well, why not e^coin! with ! as factorial... 17:13:20 people forked our diff filter, but nobody forked our demurrage 17:13:49 jtimon_: I think it's a marketing problem; I would have called it "a shared coin security fund" 17:14:17 sipa: we believe they influence intrest differently ie: price inflation just rises nominal interest, demurrage makes REAL intereset fall 17:14:54 https://www.community-exchange.org/docs/Gesell/en/neo/part5/7.htm 17:15:12 right, but that's just a psychological difference, no? 17:15:14 "Hausse-Premium" is usually known as "inflation premium" 17:15:26 the % of coins you own doesn't change 17:15:35 * petertodd can't believe he just read "support for KYC regulatory compliance" in comic sans 17:15:42 sipa think of loans 17:15:50 and real capital 17:16:21 jtimon_: define on top of your client a layer that shows every amount as ($VALUE / $TOTAL_IN_CIRCULATION) 17:16:31 jtimon_: expocoin and freicoin do become equivalent then, no? 17:16:49 (honest question, i don't know enough about freicoin) 17:17:54 UukGoblin has joined #bitcoin-wizards 17:18:35 well, not exactly at the low level (don't have refHeights) but yes, I guess economically would be the same if everybody uses the freicoin unit instead of the expocoin one 17:19:11 sipa, jtimon_: lost coins makes expocoin and freicoin act differently 17:19:38 petertodd yes, that's true too 17:20:16 petertodd: how so? 17:20:23 freicoin recycles lost coins 17:20:36 how do you detect lost coins? 17:20:54 you don't detect them, you destroy all coins and reissue them 17:21:16 i don't understand 17:21:28 freicoin is constantly destroying coins, lost wallets or not, and then re-issuing through the miners 17:21:40 i may misunderstand some implementation issues on freicoin 17:21:49 we explain it as "demurrage fees go to miners" to simplify 17:21:55 sipa: demurrage affects you regardless of what other coins are availalble, expocoin just introduces more coins into the economy 17:22:15 sipa: the result is roughly the same, but the exact amount of economic inflaton can differ in practice 17:22:48 sipa: never mind that demurrage has other implications, such as how it affects things like colored coins 17:25:13 Ursium has joined #bitcoin-wizards 17:26:46 sipa these are probably the more relevant commits https://github.com/freicoin/freicoin/commit/4025098c05c351d72c8a0916ec6010e821d288d6 17:26:50 TD has quit 17:26:57 https://github.com/freicoin/freicoin/commit/cee818350d857029e0e7148fece35646d479aea1 17:29:18 wallet42 has quit 17:29:45 UukGoblin has quit 17:29:45 UukGoblin has joined #bitcoin-wizards 17:38:41 wallet42 has joined #bitcoin-wizards 17:43:22 vdo has quit 17:49:50 Ursium has quit 17:56:40 This is the puzzle I thought some people here might enjoy: http://web.mit.edu/puzzle/www/2014/puzzle/puzzle_with_answer_cronin/ (don't click solution unless you want to be spoiled) Yes, it's supposted to say that its solved, the theme of this section is that puzzles were written backwards, where you got a 'solution' first and had to derrive the title. 18:09:12 gmaxwell, is the title supposed to be a question that leads to the answer 'CRONIN'? 18:12:35 nsh: 'round here we'd ask 'Find N such that H(n)=' and would have been clever to bruteforce the nonce rather than the PoW solution. 18:13:45 hmm 18:14:05 nsh: well kinda, actually the title is a single word. 18:16:01 * nsh muses 18:16:48 nsh: make you click the card in the page. 18:18:42 well, cheshire nyan is fun, but i'm still confused :/ 18:21:30 You have to go deeper. 18:21:41 oka y:) 18:22:34 yay, loads of hex 18:29:35 <_ingsoc> _ingsoc has quit 18:47:16 wallet42 has quit 18:47:41 roidster has joined #bitcoin-wizards 18:58:50 wallet42 has joined #bitcoin-wizards 19:05:41 orperelman has quit 19:11:11 ielo has joined #bitcoin-wizards 19:13:26 go1111111 has quit 19:28:34 epscy has joined #bitcoin-wizards 19:39:49 sipa: inflation moves slowly through the economy giving preferential benefit to those near its source when prices are sticky 19:40:46 and love the O(coin) name 20:10:50 RBRubicon has joined #bitcoin-wizards 20:16:09 suggestion to jgarzik: crowd-fund in dogecoins your cubesat project. you can send it on L-50 which is taking 50 units to the moon 20:16:27 I think you can drum up enough support to actually send a dogecoin node to the moon (and put a bitcoin node on there too, of course) 20:18:05 mappum has joined #bitcoin-wizards 20:18:51 heh 20:19:38 that would probably work 20:19:42 i wanna send something to the moon 20:20:14 (a robot that tracks down and destroys the american flag) 20:20:34 ((joke. there's no american flag)) 20:22:23 maaku, what is this L-50? 20:22:24 jgarzik: i'm serious : http://www.lunarcubes.com/ 20:22:30 ah ty 20:22:35 nOgAnOo has joined #bitcoin-wizards 20:23:14 is there a definite launch planned? 20:23:57 nsh: V-50 is a 50-unit housing module attached to centaur upper stages, which go through Earth-Moon L4/L5 on their way out of cislunar space 20:24:14 L-50 is a project to buy one of these to send cubes to the moon 20:24:30 ah, i see 20:24:36 there's also plans to use them for Mars exploration, but that requires a relay spacecraft 20:25:04 Heh, cool quiz, gmaxwell :) or puzzle, whatever. :) 20:25:14 would it be feasible to book passage on a regular comsat launch for that? or would it require a special trajectory? 20:25:28 (once you're at Earth-Moon or Earth-Sun lagrange points, it's basically downhill to anywhere in the inner solar system, with the right orbit) 20:25:43 * nsh nods 20:26:02 nsh: the Centaur stages are what take comsats to GEO, then for satallite safety reasons they use their latent fuel to eject themselves from cislunar space 20:26:16 oooh 20:26:22 that's convenient 20:26:37 so every. single. launch. of a GEO bird sends a centaur stage (or equiv) through one of these trajectories 20:27:06 * nsh crosses out all his ambitions and replaces with "write code that ends up orbiting moon" 20:27:13 :) 20:31:53 mappum has quit 20:35:33 rdymac has quit 20:35:40 rdymac has joined #bitcoin-wizards 20:35:41 rdymac has quit 20:35:41 rdymac has joined #bitcoin-wizards 20:49:49 * petertodd crosses out all his ambitions and replaces them with "write code that exploits code orbiting the moon" 20:51:58 that you coudl do now... 20:52:49 working on software on the moon would be awful. imagine the cost of getting somebody to go there and power cycle your server because you killed the wrong process. 21:00:12 keep someone there at all times just in case 21:03:31 the most annoying thing about working on software on the moon would be the latency 21:04:17 probably get better latency to the moon than on a 3G connection, it's not all that far away 21:04:29 a quarter of a million miles 21:04:41 little over a second then? 21:05:01 in each direction, yes 21:05:37 just use a client with local echo, it'd be just as usable a SSH over GPRS 21:08:11 maaku, not implying you were not being serious. just fun :) dogecoin has a lot of cute marketing, like the bobsled thing. 21:08:34 andytoshi has quit 21:10:59 SSH over GPRS is usable? hell, anything over GPRS is usable? 21:12:20 http://mosh.mit.edu/ 21:12:57 I used a phone with a GPRS connection for a few years, it was incredibly painful. 21:19:14 many of us did 21:34:49 mappum has joined #bitcoin-wizards 21:39:09 go1111111 has joined #bitcoin-wizards 21:41:17 rdymac has quit 21:41:38 rdymac has joined #bitcoin-wizards 21:48:51 crescendo has quit 21:51:29 spenvo has joined #bitcoin-wizards 22:01:08 go1111111 has quit 22:03:42 go1111111 has joined #bitcoin-wizards 22:09:25 RBRubicon has quit 22:12:14 go1111111 has quit 22:16:00 go1111111 has joined #bitcoin-wizards 22:43:50 mappum has quit 22:49:24 Ursium has joined #bitcoin-wizards 22:54:12 TD has joined #bitcoin-wizards 22:57:59 orperelman has joined #bitcoin-wizards 23:02:31 andytoshi has joined #bitcoin-wizards 23:04:51 orperelman has quit 23:05:56 orperelman has joined #bitcoin-wizards 23:10:59 ielo has quit 23:14:45 go1111111 has quit 23:17:44 go1111111 has joined #bitcoin-wizards 23:31:15 orperelman has quit 23:32:07 orperelman has joined #bitcoin-wizards 23:42:35 spenvo has quit 23:44:13 justanotheruser has quit 23:55:57 Ursium has quit