I know, I was kidding
Sztorc shown to be arrogant and at the same time he proved to be extremely stubborn in denying a plain fact.altho now that you mention him, he dropped even way before Oleg. Sztorc; merely an afterthought.
I know, I was kidding
Sztorc shown to be arrogant and at the same time he proved to be extremely stubborn in denying a plain fact.altho now that you mention him, he dropped even way before Oleg. Sztorc; merely an afterthought.
not knowing any details of exactly how all these private blockchains are being constructed makes it hard to discuss. but afaik, most will depend on a POS mechanism to avoid the hassle of POW. what this means is that private institutions will then always be periodically bringing their keys online to sign blocks. that's a big security concern. who's responsibility will it be if the keys get compromised? what's to stop an institution from signing both sides of a fork in their desire to capture tx fees from both sides of the fork; the "nothing at stake" problem. IOW, the regulation around compromised keys and the enforcement of foul play should be quite a spectacle.This is mostly off-topic, but I thought I'd post here in search of good ideas.
I'm serving as moderator for a panel discussion at this workshop in Toronto on Monday about Blockchain regulation in Canada. The panel title is "Decentralized Ledger Technologies in Canada -- State of Play." The panelists are Anthony Di Lorio (from the TSX and Ethereum), Jillian Friedman (a lawyer at the National Bank of Canada) and Ian Wright from the Department of Finance Canada.
I will definitely try to bring some attention to the "blockchain without bitcoin" idea, and maybe I can make some convincing points that the currency unit is required in order for the blockchain to remain trustless. But what are some other interesting points to make, or topics to bring up for discussion with the panelists?
I'm also personally interested in the ownership vs control problem (e.g., a bitcoin transaction transfers the asset whereas other blockchain transactions transfer only legal title to the asset) and the legal / regulatory challenges associated with that.
I'd also love to somehow weave the whole Bitcoin governance debate in somehow, but that might be too specific for this panel.
Other ideas?
he's smelled bad ever since i had a run-in with him Fall 2014 after he started pumping Truthcoin on Twitter. once i guided him into a corner he couldn't get out of, he terminated our twitter convo with a similar, "you don't know what you're talking about!".I know, I was kidding
Sztorc shown to be arrogant and at the same time he proved to be extremely stubborn in denying a plain fact.
first off, nice documentation on the attack. is there any way to mitigate it? my understanding is there is nothing one can do except report it to your ISP, which is basically useless.@Norway and I (and others) had an interesting interaction today with shill-in-residence on the Bitcoin Classic Slack, "jamesshilliard". He went through the usual arguments about the Classic nodes all being cloud hosted so basically sybil nodes. I pressed him about the DDoS attacks and of course he claimed that the DDoS was fictitious.
My home node has been knocked offline like clockwork over the past two weeks, so I have no doubt about it and direct first-hand experience. Of course that was not enough for James and since I had time today, I told him I would get him a Wireshark capture if that would please him. Of course he challenged (taunted?) me to do it.
So sure enough after 46 minutes of being online, my Classic node was hammered and my home internet taken down again, just like always. But this time I had the whole thing captured.
I provided Shilliard with the complete PCAP files, luckily they compressed well and could be sent on Slack.
Same basic attack structure as always. Node connects and does the version command while reporting its version as "Why? Because fuck u, that's why".
Then later a DNS amplification attack. They spoof your node's address to open DNS resolvers and do a TXT query against qrtor.ru (in this instance). The response to that query is around 3800 bytes and just giant strings of "XXXXXXXXXXXXXXXXXX".
Anyway, it was quite satisfying to be able to show James we are not making this up and perhaps if it weren't for the DDoS attacks we would not have to rely so heavily on Amazon and elsewhere to bring up nodes.
It seems to be an all-too-common and convenient copout during discussions to just deny the DDoS attack exists, even Greg Maxwell says it. So if anyone encounters any deniers, let me know and I can provide them with the full PCAP files.
Yup, its not business it's personal - madness, that is.Alas it can't really be proven he is a shill ... <snip> ...
Mental it is then
the other thing about constantly using one's key to sign off on blocks is that you're revealing the public key. what with this potential looming threat of quantum computing, who takes responsibility for the first QC attack on a banks assets? all these idiots who've signed off on coin support for Core over on Bitcoinocracy are begging for a hack one day. wouldn't that be something?This is mostly off-topic, but I thought I'd post here in search of good ideas.
I'm serving as moderator for a panel discussion at this workshop in Toronto on Monday about Blockchain regulation in Canada. The panel title is "Decentralized Ledger Technologies in Canada -- State of Play." The panelists are Anthony Di Lorio (from the TSX and Ethereum), Jillian Friedman (a lawyer at the National Bank of Canada) and Ian Wright from the Department of Finance Canada.
I will definitely try to bring some attention to the "blockchain without bitcoin" idea, and maybe I can make some convincing points that the currency unit is required in order for the blockchain to remain trustless. But what are some other interesting points to make, or topics to bring up for discussion with the panelists?
I'm also personally interested in the ownership vs control problem (e.g., a bitcoin transaction transfers the asset whereas other blockchain transactions transfer only legal title to the asset) and the legal / regulatory challenges associated with that.
I'd also love to somehow weave the whole Bitcoin governance debate in somehow, but that might be too specific for this panel.
Other ideas?
How about implications for Canada of the central bank issuing their own crypto currency? See http://www.pymnts.com/news/2015/central-bankers-after-their-own-bitcoinThis is mostly off-topic, but I thought I'd post here in search of good ideas ... <snip> ...
Other ideas?
@jtoomim isn't saying anything i haven't been saying for a while now. i agree with him. i don't like SW b/c it preferentially favors LN multisigs thru a centrally mandated pwuille/gmax 75% discount. once SW was ready, to them, all of a sudden 4MB blocks became OK whereas prior to December, anything >1MB was the devils brew.@cipherdoc Thanks much, and good advice about Shill-i-ard! I feel like that is a rather effective strategy of just wasting everyone's time with the same arguments. I see this on Slack all too often. I'm surprised at how many small-blockers are just stationed there, ready to start the same circular argument. Almost like we should create a shill FAQ. Or perhaps a directory of shills and whether they are worth talking to.
In regards to the attack itself, there is nothing you can do about it unless you have real DDoS mitigation in place, and that would need to be done professionally and upstream of your network. No real options to even trace it back since open resolvers are being used. My guess is the version "Why? ..." is just to taunt people. If we actually tried to filter that, the attacker would just get rid of it. Also they could easily use a botnet to query versions and there would be no stopping it. The host that queried me today as well as the domain involved were all Russian.
In unrelated Seg-Wit news, somebody on /r/btc linked to this post by Jonathan Toomin explaining why seg-wit is a very bad idea. I have never read it explained quite so clearly and I feel this is really important to get out.
I would be curious to hear what people think about this. The trojan horse of seg-wit makes me feel more and more worried by the day. It seems like there have been no considerations of other possible ways to get the benefits of seg-wit through other approaches. Additionally, all of the public articles put out about scaling through a hard-fork seem to just say "seg-wit is great, but let's do this first". It would be good to get some analysis if seg-wit is in fact so great, or if people are bypassing that argument simply for convenience right now.
Did you see this post: https://bitco.in/forum/threads/gold-collapsing-bitcoin-up.16/page-398#post-13849This is mostly off-topic, but I thought I'd post here in search of good ideas.
Other ideas?
@Peter R I couldn't think of a more qualified person to attend. I wish you luck.This is mostly off-topic, but I thought I'd post here in search of good ideas.
I'm serving as moderator for a panel discussion at this workshop in Toronto on Monday about Blockchain regulation in Canada. The panel title is "Decentralized Ledger Technologies in Canada -- State of Play." The panelists are Anthony Di Lorio (from the TSX and Ethereum), Jillian Friedman (a lawyer at the National Bank of Canada) and Ian Wright from the Department of Finance Canada.
I will definitely try to bring some attention to the "blockchain without bitcoin" idea, and maybe I can make some convincing points that the currency unit is required in order for the blockchain to remain trustless. But what are some other interesting points to make, or topics to bring up for discussion with the panelists?
I'm also personally interested in the ownership vs control problem (e.g., a bitcoin transaction transfers the asset whereas other blockchain transactions transfer only legal title to the asset) and the legal / regulatory challenges associated with that.
I'd also love to somehow weave the whole Bitcoin governance debate in somehow, but that might be too specific for this panel.
Other ideas?
oops, just corrected a typo in that last post; i meant multiply by 0.25 instead of what i had originally as 0.75.@cypherdoc Thanks again! I didn't realize the .25 factor came from the 4 MB assumption... what a dreadful hack. To take an elegant system like Bitcoin and retrofit it with a rushed "scaling solution" like this is a disgrace, an utter disgrace. And then trying to shoehorn this change as a soft-fork. It's a hack within a hack. I wonder how long they've been planning this?