Show Idle (>14 d.) Chans


← 2021-08-03 | 2021-08-05 →
00:53 asciilifeform !w poll
00:53 watchglass Polling 17 nodes...
00:53 watchglass 185.85.38.54:8333 : Could not connect!
00:53 watchglass 205.134.172.6:8333 : (172-6.core.ai.net) Alive: (0.021s) V=99999 (/therealbitcoin.org:0.9.99.99/) Jumpers=0x1 (TRB-Compat.) Return Addr=0.0.0.0:8333 Blocks=694099
00:53 watchglass 84.16.46.130:8333 : Could not connect!
00:53 watchglass 185.163.46.29:8333 : Could not connect!
00:53 watchglass 205.134.172.26:8333 : Alive: (0.141s) V=99999 (/therealbitcoin.org:0.9.99.99/) Jumpers=0x1 (TRB-Compat.) Return Addr=0.0.0.0:8333 Blocks=694099
00:53 watchglass 205.134.172.27:8333 : Alive: (0.083s) V=99999 (/therealbitcoin.org:0.9.99.99/) Jumpers=0x1 (TRB-Compat.) Blocks=694099 (Operator: asciilifeform)
00:53 watchglass 71.191.220.241:8333 : (pool-71-191-220-241.washdc.fios.verizon.net) Alive: (0.034s) V=99999 (/therealbitcoin.org:0.9.99.99/) Jumpers=0x1 (TRB-Compat.) Blocks=694099 (Operator: asciilifeform)
00:53 watchglass 205.134.172.28:8333 : Alive: (0.022s) V=99999 (/therealbitcoin.org:0.9.99.99/) Jumpers=0x1 (TRB-Compat.) Return Addr=0.0.0.0:8333 Blocks=694099 (Operator: whaack)
00:53 watchglass 54.39.156.171:8333 : (ns562940.ip-54-39-156.net) Alive: (0.133s) V=99999 (/therealbitcoin.org:0.9.99.99/) Jumpers=0x1 (TRB-Compat.) Blocks=694099
00:53 watchglass 205.134.172.4:8333 : (172-4.core.ai.net) Alive: (0.144s) V=70001 (/therealbitcoin.org:0.7.0.1/) Jumpers=0x1 (TRB-Compat.) Blocks=694099
00:53 watchglass 208.94.240.42:8333 : Alive: (0.160s) V=99999 (/therealbitcoin.org:0.9.99.99/) Jumpers=0x1 (TRB-Compat.) Blocks=694099
00:53 watchglass 143.202.160.10:8333 : Alive: (0.234s) V=70001 (/therealbitcoin.org:0.7.0.1/) Jumpers=0x1 (TRB-Compat.) Blocks=694099
00:53 watchglass 54.38.94.63:8333 : (ns3140226.ip-54-38-94.eu) Alive: (0.261s) V=88888 (/therealbitcoin.org:0.8.88.88/) Jumpers=0x1 (TRB-Compat.) Blocks=694099
00:53 watchglass 213.109.238.156:8333 : Alive: (0.337s) V=99999 (/therealbitcoin.org:0.9.99.99/) Jumpers=0x1 (TRB-Compat.) Blocks=694099
00:53 watchglass 103.36.92.112:8333 : (terebe.ns01.net) Alive: (0.548s) V=99999 (/therealbitcoin.org:0.9.99.99/) Jumpers=0x1 (TRB-Compat.) Blocks=694099
00:54 watchglass 176.9.59.199:8333 : Violated BTC Protocol: Bad header length! (Operator: jurov)
00:55 watchglass 192.151.158.26:8333 : Busy? (No answer in 100 sec.)
01:07 asciilifeform $vwap
01:07 busybot The 24-Hour VWAP for BTC is $ 38334.09 USD
~ 1 hours 46 minutes ~
02:53 vex shit,, fluffypony got a chronic case of range anxiety
02:57 vex i suspect he'll be paying something over market price for chocolate biscuits for a little while yet
~ 23 minutes ~
03:20 vex i'd reckon they'll let him swifl atop the waterfall sans timepice until he's quite mad
03:24 vex or not, who knows
~ 1 hours 8 minutes ~
04:32 vex remind me never to piss off alf to the extent that he wished me the electric chair
04:35 vex mats usually assists with that. thankyou brother
04:37 vex im worried about bingo
04:44 vex I'll gibe you a decree bingoboingo, a misguided hug.
04:48 vex I hope I can take some of your shame when I say you never ask a pet for money
04:49 vex Unless it's chinny, then deffo drive her ferrari
~ 18 minutes ~
05:07 vex hmm. only 12 cylinders, and it needs a tune up... half a packet of biscuits
05:09 vex poor fluffypony; he's the only person ross ulbright doesn't wanna trade places with
05:24 vex too soon?
05:33 vex I hope fluffypony dosn't eat me when he gets out
05:36 vex he is pretty fat
05:37 vex this is where someone say "how fat is he"?
05:37 vex shinohai you useless cunt
05:52 vex i take that back. a sparkling household
05:54 bingoboingo vex I'm alive, I can work with that
05:54 vex that's the main drive
05:58 vex good to hear
~ 8 hours 47 minutes ~
14:45 punkman https://popsiclefinance.medium.com/popsicle-finance-post-mortem-after-fragola-hack-f45b302362e0
14:49 punkman despicable tards "Or in other words, in order to build spaceships that travel to Mars, spaceships crash.
14:49 punkman We however do not stop building until the spaceship is built and has landed."
14:49 punkman "Although this may be a long shot we are offering a completely clean $1,000,000 bounty paid in whatever currency he/she likes if funds are returned."
14:50 punkman "We are all working here in the new and exciting DeFi space, having people that find vulnerabilities is a part of the ecosystem, however in order to not scare people away we need to make sure they can trust the space. Returning the funds will show the strength of this crypto community."
14:50 shinohai lol get rekt
14:51 punkman I wonder just how do you get anything done in ethertardium
14:52 punkman https://consensys.net/diligence/blog/2020/11/token-interaction-checklist/
14:56 punkman more technical explanation https://blocksecteam.medium.com/the-analysis-of-the-popsicle-finance-security-incident-9d9d5a3045c1
14:57 punkman seems like anyone can figure out tx that modifies variables in your spaghetti ball of "contracts"
~ 17 minutes ~
15:15 punkman https://twitter.com/PopsicleFinance/status/1418149345292062721 "LPing is a lifestyle."
~ 21 minutes ~
15:36 mats lol, ouch
~ 1 hours 5 minutes ~
16:41 thimbronion asciilifeform: in your design, is the timestamp at a specific place in the packet, or is it bundled with the message somehow?
16:43 asciilifeform thimbronion: 64bit timestamp. if not within 15m of receiver's local epochal time, rejected packet.
16:45 thimbronion asciilifeform: ty
16:46 thimbronion PeterL: ^
16:48 thestringpuller ETH maxi's goin insane over EIP-1559 eve.
~ 15 minutes ~
17:03 shinohai "This is good for our database"
~ 19 minutes ~
17:22 thestringpuller it's all a pump and dump scheme imo. eth maxi's trying to pool eth together to raise the floor price on crypto punks artificially
~ 34 minutes ~
17:56 asciilifeform http://logs.nosuchlabs.com/log/asciilifeform/2021-08-04#1050331 << it remains not entirely clear to asciilifeform what the draw is, in these schemes -- are they straight pyramids? what do the participants expect to get, if goes by plan and not 'hacked' ? ( and is in any sense 'hacked', or is simply the chumpatron organizer taking what's his..? )
17:56 dulapbot Logged on 2021-08-04 10:46:10 punkman: "We are all working here in the new and exciting DeFi space, having people that find vulnerabilities is a part of the ecosystem, however in order to not scare people away we need to make sure they can trust the space. Returning the funds will show the strength of this crypto community."
17:57 thimbronion "Free money"
17:57 mats they get interest payments
17:57 asciilifeform mats: rright, but out of whose pocket? ( if 'from new investors' -- then pyramid )
17:57 mats from fees through the automated market making i think
17:58 asciilifeform ( mpex!! )
17:58 mats so people using the service for tens of btc-altcoin trades
17:59 mats including stablecoins like tethers
18:00 asciilifeform mats: so these are something like automated goxes ?
18:01 thimbronion I thought for defi the idea was you lend out your btc or whatever in order receive interest. Then someone takes your btc, does highly risky trades vs. alts and attempts to make interest payments with the proceeds. Could be wrong.
18:02 asciilifeform thimbronion: what happens if the borrower walks away ? ( or loses errything..? )
18:03 asciilifeform ( are the loans collateralized somehow? )
18:04 thimbronion asciilifeform: tears afaik. There is one thing called blockfi where they scam people by using "multisig" where the borrower has 2 out of the three keys needed to sign a tx! Some people fall for this.
18:05 thimbronion er, 2 out of three keys, where two are needed to sign.
~ 25 minutes ~
18:30 punkman there's a lot of schemes. LP is a liquidity pool, which I can't see ever working without everyone getting fucked https://medium.com/geekculture/we-need-to-talk-about-liquidity-pools-in-defi-asap-e9a2b27769e
18:32 punkman then there are flashloans, where there is borrower but he has to pay back the loan in same tx that spends it
18:33 punkman so if you need 100k ETH to screw with the automated market making of an LP, you get a flashloan, manipulat price in LP, get out with profit and pay off loan
18:34 punkman looks like these people are really into building tools to fuck each other with
~ 35 minutes ~
19:09 asciilifeform punkman: the interesting thing is that chumps supply sufficient actual btc for 'the game to be worth the candles'... or do they
19:10 asciilifeform (or is whole thing 'core wars' with the equiv. of poker chips, which only nominally/via wash-trading at goxes, 'worth btc' ? )
19:12 asciilifeform last i knew, most shitcoinism, esp. of the ethertard flavour, is of the latter kind. which is why e.g. mp's claimed 'victory over dao' was of so little interest to asciilifeform : usg already 'won' that one when succeeded in conning 'over 9000' morons into trading actual btc for shitcoin to start with
19:13 asciilifeform what happens to the shitcoin ~after~ this trade, does not so much matter, from pov of outsider
19:13 asciilifeform (or even that of the perp, who already 'got his' btc)
19:19 mats asciilifeform: its more complicated than a gox. loans tend to be overcollateralised
19:20 asciilifeform mats: elaborate ?
19:24 mats i haven't looked at the ethereum stuff in detail, but if it works anything like rsk or sov (sits atop btc), there's a committee of people/orgs with votes that have governance responsibility over the token, there's a bunch of code that enables purchases of btc to get a stablecoin, an insurance fund that automatically gets paid into
19:25 asciilifeform insurance fund?
19:25 mats some of it is a little more transparent than a gox (you can look at payment flows for the tokens), but more difficult to quantify risks
19:26 mats think sov collects 10% of interest payments to protect against undercollateralised loans
19:27 mats nvm, no undercollateralised loans. just general case of loan default
19:27 asciilifeform mats: why would (let's consider it 'in-universe') the shop give out such loans to start with ?
19:28 mats collecting a rake on volume
19:29 mats done properly i imagine there's no armies of loan officers and personnel a typical loan servicer might employ
19:32 mats there's a lot of demand from nouveau riche who want liquidity or believe they can diversify risk by going into ethereums, altcoins, stablecoins
19:33 mats and its an end-run around regulators
19:33 mats for however long that lasts
19:33 mats no aml/kyc for most defi things ive seen
19:33 asciilifeform mats: pretty lulzy , considering that all the garbage is traded on the very same kyc-goxes, and the prices move more or less in unison w/ btc's
19:35 mats recent news out of the SEC says that, like most people with two brain cells to rub together, vast majority of shitcoins are securities
19:35 mats maybe buterin will finally get strung up
19:36 asciilifeform mats: when outlives his usefulness to handlers -- surely
19:36 shinohai grumpcatgood.png
19:38 mats in agents, http://logs.nosuchlabs.com/log/asciilifeform/2021-07-26#1048601
19:38 dulapbot Logged on 2021-07-26 10:24:25 mats: i met a guy in a cafe in LA who told me a story about brock pierce offering him fifty stacks to launder money after guy told him he was a weed grower trying to get a license and go legit
19:38 mats or more likely a ci
19:39 mats cafe guy said he furnished the cash on the spot, maybe as a flex, had his security guy hand over a bag with at least ten stacks in it
19:40 mats made a mistake on 26 july, was just five stacks / 50k
19:41 asciilifeform mats: laff if you like, but i gotta ask, 'stack' == 1e3 $ ?
19:41 mats 4
19:41 asciilifeform a ok
19:41 mats dumb street lingo anyway
19:42 asciilifeform so, stereotypical suitcase with half mil ?
19:43 mats something like that
19:43 * asciilifeform quite convinced that these only exist in usg theatrical kit rooms.
19:45 mats normally i wouldn't credit stories such as this, but i'm predisposed to think pierce and all his history - disney, btc foundation, tether - is shady
19:46 * asciilifeform wonders what one has to have in crankcase instead of a brain to believe that a stranger 'wants to do a deal' with you, just met, sight unseen, for 5e5 $
19:48 mats cafe guy became a bit of a groupie for a while and noted he saw other shady deals
19:48 mats looked like the quite the laundry operation
19:52 asciilifeform 'buy death ray!!111 cheap!1'
19:52 dulapbot (trilema) 2017-02-23 asciilifeform: and in same fishwrap, another 'new york deathray plot', https://archive.is/me1dv >> 'The U.S. Army veteran was charged last week with trying to support the Islamic State ... Agents swooped in during a meeting with a man Hester believed was an Islamic State contact, according to an affidavit filed in U.S. District Court in Missouri. But the man was actually an undercover FBI agent who had been building a case agains
19:52 dulapbot (trilema) 2017-05-25 asciilifeform: has at this point lost count of the 'fine folx' who offered him 'sure profitz' involving white powders/militias/deathrays across-the-border/across-the-ocean/in-shangri-la/in-shiticonvalley etc etc
19:52 dulapbot (trilema) 2017-12-15 asciilifeform: the 1 likely item is that 1) exists 2) poor quasiliterate orc under usg magnifying glass from before the 'crime' was conceived , as in the new york deathray (tm)(r) plot.
19:52 dulapbot (trilema) 2017-12-15 asciilifeform: awaits the first fractional-btc deathray trial.
19:52 * thimbronion heard similar second hand stories about pierce from an LA resident, including one in which he was tearing apart his house or something looking for an old hard drive or usb stick.
20:01 mats mighty ducks was a good film though
~ 1 hours 21 minutes ~
21:23 shinohai http://logs.nosuchlabs.com/log/asciilifeform/2021-08-04#1050322 << Been busy updating blog, what can I say?
21:23 dulapbot Logged on 2021-08-04 01:33:36 vex: shinohai you useless cunt
~ 35 minutes ~
21:58 bingoboingo mats: Disney reliably seems to be an introduction to shadiness
22:12 punkman http://logs.nosuchlabs.com/log/asciilifeform/2021-08-04#1050365 << the btc is sort of "step 2". chumps buy ETH via credit card on their web3-js-wallet, then they "invest" and "stake", then you break their "decentralized" toy, make out with ETH/tokens, and finally convert to BTC.
22:12 dulapbot Logged on 2021-08-04 15:05:42 asciilifeform: punkman: the interesting thing is that chumps supply sufficient actual btc for 'the game to be worth the candles'... or do they
22:14 punkman possibly easier to obfuscate src/dest of coins in ETH universe, I imagine a lot of the stolen coin stays in ETH
22:17 punkman you could say this is good for BTC. just a long way to go from bezzleUSD to hardBTC
22:19 asciilifeform punkman: the 1 part asciilifeform is curious about is how the 'xyzshitcoin is worth x btc per' illusion is maintained
22:19 punkman a lot of the chumps actually get this, BTC is THE long term bet. but they gotta speculate, get some of those "crypto returnz"
22:19 punkman it doesn't need to be worth BTC per se. it's more likely to be worth USD/ETH
22:20 punkman and USD/ETH still worth something in BTC
22:20 asciilifeform a
22:22 punkman of course the USD price of ETH is set by the ETH<-BTC<-USD path
22:22 punkman but when chump buy ETH, most likely doesn't ever touch BTC
~ 1 hours 4 minutes ~
23:26 shinohai "Uruguayan senator has introduced a bill to make #Bitcoin and crypto legal tender." << Heard anything about this bingoboingo ?
23:27 bingoboingo shinohai That's Sartori, kinda has a clown reputation inside his own party. Him proposing something doesn't mean it is going anywhere
23:28 bingoboingo Even though his party is in power
23:28 shinohai lol, yeah there were rumblings about the item on twitter, no one mentioned a name.
← 2021-08-03 | 2021-08-05 →