/biz/ - Business & Finance

>>11806301

Bitcoin... I've got lots of people saying this is bullshit. It's in the code: flood control. It worked. Why? Because of the value of it. It didn't work way back then, and people could've done these things, and Hal and Bear go their way and put this bloody cap in there.

Quite frankly, I'm disgusted with half the community. Anyone know who Bear is? Bear is Cryddit; that's his name on Reddit and whatever else. Bear was the third person involved, properly running nodes and whatever else. You can look up who he is; he's a friend of mine. So...

One of the things that happened to him. He came on and started talking. Mr. Maxwell, others, ripped the shit out of him and he's gone back to being curmudgeon like I like being. He doesn't talk; he doesn't get involved anymore---and he's a shit hot coder. Better than anyone I have met in any of the core areas, by far, and he's no longer involved. Not because his ideas are shit but because people didn't like what he was saying; made death threats against him; added things against his family.

That's got to change.

Flood control works. If you are getting a big block and someone's paying you to put transaction in there because we want 5 billion people using this, which miner is going to turn it away? If you get paid a little tiny amount per transaction, then you buy another hard drive and you take it.

This is capitalism. It is competition. It is brutal and ruthless and it works. If you can't keep up, bye-bye.

skip to 30 mins in

this is some legendary shit

https://keyport.tv/free/3aoLJ8Aa8p3YH6

>>11787337

One of the things in Slack channels I've been doing at the moment is I've been incentivizing people to do things I've already done. There is a selfish miner test run on VMs going on at the moment. Real VMs, real tests, real whatever else. And I'm funding it. That doesn't mean it's not independent. I have said you get paid, because I've put it in third-party escrow, either way. I've put bitcoin up to pay for all the VMs and all the testing and all the code, and it will all be public. So it's not just my math; I'm getting it independently verified by other people in the community. Over and over.

So, Turing completeness. I've had a lot of shit about this one. Guess what: you're all wrong, it is. What you're not going to get is that you've missed it.

There are actually, we have what is called a decider in Bitcoin. It follows some of the predicate logic of Gödel. Gödel, back around the time of Turing, wrote a lot of mathematics around the idea of predicate systems. If you're a mathematician, you would know this shit, but not everyone is. So Bitcoin a 2-PDA. Now, 2-PDA, all those little squiggleys, unfortunately once again, they're from a paper that is coming out. Those little squiggleys actually mean that it is Turing complete.