Earlier quoted context omitted.
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Why are you tone-policing someone for pointing out that a given example is not supporting the actual theory?
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“My PGP key is compromised, and at least many of my bitcoins stolen”
231–240 of 564 posts
Re: “My PGP key is compromised, and at least many of my bitcoins stolen”
#232Earlier quoted context omitted.
>math and code were nearly perfect with zero peer review Bitcoin had to be forked in the early years due to critical errors in the original code. There was nothing perfect about it.
Yes, but implementation errors-- not fundamental flaws in the theory or underlying mathematics. It's not a statement about such things being impossible, just unlikely to come from a single individual working in complete isolation up until the bitcion whitepaper release. Additionally this alone would be merely peculiar on it's own, coupled with the lack of retrospective investigations uncovering -anything at all- sign…
You're placing way more value on this than makes sense: Bitcoin makes use of good primitives, but no better than any expected familiar with the SoTA in the late 2000s would have selected for a greenfield project.
Maybe the most unusual primitive selection in Bitcoin is secp256k1 for ECDSA, instead of one of the more common NIST curves. But even that is understandable, given that Nakamoto was active in the cypherpunk community and concern around the constants used in the NIST curves was a common discussion item at the time.
Re: “My PGP key is compromised, and at least many of my bitcoins stolen”
#233Earlier quoted context omitted.
Why are you tone-policing someone for pointing out that a given example is not supporting the actual theory?
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I fail to see how reading multiple essays on the nuances of "literal and figurative analogies" will convince me that the other guy was nitpicking.
Re: “My PGP key is compromised, and at least many of my bitcoins stolen”
#234I've never been a fan of crypto (despite holding some for diversification), but I think some tweaks could be made to make it safer and more reasonable without comprising what its proponents like about the system. Crypto prtocols need a way to reverse transactions if the original address as well as some quorum of elected "supervisory overseers" agree [1] to it within a week or so. There should also be a mechanism to m…
Since nobody has offered a response, I'll offer my 2c. Your suggestion flies in the face of what Bitcoin and other cryptocurrencies that operate according to the same principles were designed to be (trustless, some degree of anonymous) and it would make the system ripe for abuse (more than it already is). What if Luke Jr is lying and he spent those bitcoins in return for goods and services?
Suddenly you have to establish a department that would hear from both parties which introduces the problem of identifying the other party and getting in contact with them, then they would have to evaluate the evidence and make some kind of judgement. Paypal attempts to do what you're describing and it's constantly abused by both buyers and sellers alike.
Bitcoin might not be perfect, it might not even be fit for most purposes (highly subjective), but scrapping the idea outright would be a much better outcome than bastardizing it with "trusted" middlemen to the point where it's not fit for any purpose at all.
I think progress could be made in UX design, by pushing users towards using hardware wallets and other areas, but changing the protocol such that trustless transactions now require trust is not an appropriate solution. It's the core of what cryptocurrency is as a concept.
Re: “My PGP key is compromised, and at least many of my bitcoins stolen”
#235> What the heck @FBI @ic3 why can't I reach anyone??? Uh, because it’s New Year’s Day? Don’t get injured or become a crime victim on a holiday, if possible.
You think the entirety of the FBI takes a day off on national holidays?
Re: “My PGP key is compromised, and at least many of my bitcoins stolen”
#236Earlier quoted context omitted.
Jesus. Why is it that people with this level of crazy keep appearing at the top of important tech projects??
That thread I linked to is 6 years old. The people in charge of the Bitcoin software know this and keep him on the project. To me that says a lot about the core Bitcoin people. Maybe Ethereum people are better? Let's see what Vitaly thinks about child pornography. https://www.reddit.com/r/Buttcoin/comments/v0n5d5/vitalik_bu... I'll proudly go on record saying that I think 99% of crypto related things are scams, money…
No wonder it’s used for that based on the people that are the biggest advocates.
Re: “My PGP key is compromised, and at least many of my bitcoins stolen”
#237Maybe off topic: is it fine to publicly say that you have $3.6M in bitcoin using a profile name that exposes who you are in real life? Wouldn’t the IRS (or local equivalent) come to knock your door and ask for taxes on that money?
Re: “My PGP key is compromised, and at least many of my bitcoins stolen”
#238I wouldn't wish this upon anyone.
But I don't believe him. Lukejr has done irreparable damage to Bitcoin. His role in the mass censorship and gaslighting program that locked Bitcoin into sluggish, expensive, tiny blocks (ostensibly in order to carve out a market for Lightning, in which he had significant interest) is disgraceful, condemnable, and must never be forgotten. This exploitation of opportunity and power spat in the face of every early Bitcoin adopter and evangelist as it violated the perfect system we came to know and love from the whitepaper for commercial gain, arguably starting the trend of charlatans and fraudsters in the crypto space looking for a quick buck with reckless, corrupting abandon.
He will say anything to get what he wants, and he will truly believe he is right and entitled to do so. He has a casual, naive tone to everything he says but this man is far from either. He would look right into his own mother's eyes and tell the most wicked lies for the $5 in her purse. Don't believe anything.
Re: “My PGP key is compromised, and at least many of my bitcoins stolen”
#239Earlier quoted context omitted.
Exactly! if the experts can’t secure their accounts, what hope does anyone else have? Soon you will see people saying you should have done this or that complicated thing, or how somebody so smart could should have known better. No matter what they say it is never enough. This is why lack of consumer protections suck.
This is why lack of consumer protections suck Agreed, and the problem is that this is a feature . Without that feature of a lack of central control, Bitcoin's main use case is invalid.
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Re: “My PGP key is compromised, and at least many of my bitcoins stolen”
#240https://bitcoinhackers.org/@lukedashjr his mastodon feed indicates that one of his servers was physically compromised multiple times. Seems like he should have been more paranoid about securing his coins with that knowledge?
Weird he cheaped up on servers paying 55 a month to some random vps provider.
How do you spend $55/month on a VPS? Isn't that the amount you spend on a reasonably popular application host?
He obviously is more of a software developer than an sysadmin, so maybe it's just a poorly optimized personal app host.