2018-11-13 00:40:04
@Rotonen who says india?
Clueless
2018-11-13 00:55:06
It's a scam no token needed, pays for oracle, pay to sergey lol
Daeng
2018-11-13 00:55:33
The economic doesn't work good project no need token
Daeng
2018-11-13 00:56:19
I think price
Daeng
2018-11-13 01:44:59
1 SNOW = 10 BTC
Fireduck
2018-11-13 01:45:27
Might take a decade
Fireduck
2018-11-13 01:47:38
Because BTC price drop due to hashwar?
Daeng
2018-11-13 01:48:42
Just plain old better solution winning. If the first thing we're best we would all be using friendster.
Fireduck
2018-11-13 01:50:36
What snowfield by then 100TB?
Daeng
2018-11-13 01:53:41
What is Bitcoin difficulty in bit?
Fireduck
2018-11-13 01:54:18
Incase your too busy craig coin controlling BCH
Daeng
2018-11-13 01:56:08
it doesn't matter what deals he's struck if the if the price doesn't go with the hashing rate the hashing will move back to where the price is.
Fireduck
2018-11-13 01:56:19
7,184,404,942,701
Daeng
2018-11-13 01:56:22
I expect a good shit show
Fireduck
2018-11-13 01:57:30
Anyways it is hard to say how big the snow fields will get. 4x hash rate increase for each snow storm is a lot.
Fireduck
2018-11-13 01:58:21
```Coingeek and nChain, understanding that keeping the network unstable will lead to heavily reduced investor confidence and predictable sell-offs of BCH on exchanges, are playing a game of chickens.```
Daeng
2018-11-13 01:58:51
Can i copy paste here
Daeng
2018-11-13 01:58:54
Maybe at random
Daeng
2018-11-13 01:59:12
Interesting story by vin (bitcoiner since 2012)
Daeng
2018-11-13 02:00:10
Yeah, bch mess is for <#CAR9AKG64|random>
Fireduck
2018-11-13 02:00:53
This story made me want to become a miner i mean if u left like Satoshi who's going to be incharge of snow... Miners
Daeng
2018-11-13 02:03:27
Yep
Fireduck
2018-11-13 06:45:00
New release posted 1.4.2 - Duck's Vision
Fireduck
2018-11-13 07:00:34
@Fireduck You honestly believe SNOW will win over BTC on the basis that it is "better"
Truise
2018-11-13 07:00:39
?
Truise
2018-11-13 07:01:17
I think it has some things that are better, mostly because we know 10 years more things that Satoshi did
Fireduck
2018-11-13 07:01:31
I think it is possible but a lot will depend on what communities want to do
Fireduck
2018-11-13 07:02:14
What's your vision of where Snow is at in 5 years or so?
Truise
2018-11-13 07:02:28
If you don't mind me picking your brain
Truise
2018-11-13 07:02:39
not at all
Fireduck
2018-11-13 07:03:42
There are some key things I want to see. 1) is a good micropayment ecosystem. For this I mean, you are on a web site. You drop 5 cents into a slot and then the ads go away. When you come back, it remembers that you paid and doesn't bug you with ads for a while. No logins, no accounts. Just easy.
Fireduck
2018-11-13 07:04:21
2) a good channel system for sharing content without a centralized point
Fireduck
2018-11-13 07:04:45
We have plans on doing both of these things with snowblossom, but any cryptocurrency could do it
Fireduck
2018-11-13 07:05:35
What do you think is SNOW's primary edge? ASIC resistant?
Truise
2018-11-13 07:06:16
I think the UTXO root hash is each block is pretty key. ASIC resistant is important as well.
Fireduck
2018-11-13 07:06:39
Also the ability add signature methods as we approach quantum computing
Fireduck
2018-11-13 07:06:46
I don't think there is any one thing
Fireduck
2018-11-13 07:09:42
I've seen a lot of people FUD on the its written with java
Truise
2018-11-13 07:09:57
Any issue with that or rebuttal?
Truise
2018-11-13 07:10:41
I haven't seen any of that so hard to respond in detail.
Fireduck
2018-11-13 07:10:55
In general, java is an often misused tool. People use languages to prove they are smart.
Fireduck
2018-11-13 07:11:09
So in java, bad programmers make super complex object oriented designs
Fireduck
2018-11-13 07:11:19
that are completely terrible and unmaintainable
Fireduck
2018-11-13 07:11:26
which is what people associate with java
Fireduck
2018-11-13 07:11:53
but it is a great, fairly simple and fast language with a ton of support and libraries for everything
Fireduck
2018-11-13 07:12:06
I like it a lot and can do a lot of things very quickly with it
Fireduck
2018-11-13 07:12:42
just avoid writing terrible code and it is good (like any language really)
Fireduck
2018-11-13 07:13:43
What about people thinking it was unfairly distributed? Seems the supply is held by some of these big miners?
Truise
2018-11-13 07:14:00
Why, or who, are these miners putting so much effort into SNOW? Do you know?
Truise
2018-11-13 07:14:29
I can't think of a more fair way to do it, people who were interested put in the effort and resources to mine
Fireduck
2018-11-13 07:15:04
of course I wish we had a wider initial audience but it is hard to get anyone's attention in this space so we were happy to have the interest that we did
Fireduck
2018-11-13 07:15:17
and I don't know who the big miners are or why they are putting in so much hash power
Fireduck
2018-11-13 07:15:27
I guess they think the project has potential
Fireduck
2018-11-13 07:15:41
So, lets say there was the bitcoin talk ann. Was there anything else like with a lot of your friends or something?
Truise
2018-11-13 07:16:09
I'm just curious if there was an insider group or was everything kept low-key until the ann
Truise
2018-11-13 07:16:21
most of my friends don't do what I say, I don't think a single person I know did any mining other than @Clueless
Fireduck
2018-11-13 07:16:56
the mainnet launch was after the bitcoin talk announcement
Fireduck
2018-11-13 07:17:13
I really don't trust ICO or premined thing
Fireduck
2018-11-13 07:17:18
You think all the hash power was put into SNOW "fairly" or did someone figure out how to game it in the early days
Truise
2018-11-13 07:17:22
me either,,
Truise
2018-11-13 07:17:51
I don't think anyone is gaming it or has. I think some early folks were willing to work around some rough edges that existed then (and still do)
Fireduck
2018-11-13 07:19:12
> I think some early folks were willing to work around some rough edges that existed then (and still do)
You mean the higher barrier to entry?
Truise
2018-11-13 07:19:52
I mean the software is not super well documented and is sometimes a little hard to run
Fireduck
2018-11-13 07:20:06
especially since the PoW has this new snow field idea that people weren't used to
Fireduck
2018-11-13 07:20:37
What was the design decision behind not letting fields revert to a lower field?
Truise
2018-11-13 07:20:49
and the decision on fields in general, I hardly understand but want to
Truise
2018-11-13 07:21:44
I should put that in a faq, it comes up a lot :wink:
Fireduck
2018-11-13 07:23:01
Lets suppose most people couldn't memory mine at 256gb. So they memory mine the 128gb field until it flips then the hash rate drops, hard. So it reverts. Then they start memory mining again and then it flips back to 256gb again. The difficulty bounces back and forth, block times are erratic and it is just a mess.
Fireduck
2018-11-13 07:23:15
When we hit that wall that drops the hash rate, good. That is what I want.
Fireduck
2018-11-13 07:23:26
The difficulty can drop down, but the field won't.
Fireduck
2018-11-13 07:23:38
That is why the field doesn't revert.
Fireduck
2018-11-13 07:24:05
in my ideal world, everyone would be mining with SSD/NVME
Fireduck
2018-11-13 07:25:14
>When we hit that wall that drops the hash rate, good. That is what I want.
Why is this a good thing?
Truise
2018-11-13 07:26:18
Because it means we have knocked out a chunk of memory miners, which are fat cats who can afford big memory mining setups.
Fireduck
2018-11-13 07:26:38
I want people mining on cheaper and more available SSDs
Fireduck
2018-11-13 07:28:44
Is the goal to remain as decentralized as possible?
Truise
2018-11-13 07:29:14
absolutely
Fireduck
2018-11-13 07:30:13
How do you feel about the current state of the market?
Truise
2018-11-13 07:30:18
Premines everywhere
Truise
2018-11-13 07:30:23
Flashy marketing
Truise
2018-11-13 07:30:29
yeah, it is cancer
Fireduck
2018-11-13 07:30:42
which just makes it hard to get any attention if you are doing something original for real
Fireduck
2018-11-13 07:30:52
but that is how people operate so can't really be mad
Fireduck
2018-11-13 07:31:09
Why do you think no one did this before. iops PoW
Truise
2018-11-13 07:31:24
There are some hard problems to solve to make it happen
Fireduck
2018-11-13 07:31:54
the real trick was in the snow field generation itself, which is basically a nightmare to avoid people being able to checkpoint and generate chunks of it on the fly
Fireduck
2018-11-13 07:32:08
you should read the comments in SnowFall.java for kicks
Fireduck
2018-11-13 07:32:30
the other part is using those large fields as part of a merkle tree to make a proof
Fireduck
2018-11-13 07:32:43
so that nodes validating the blocks don't need the fields themselves
Fireduck
2018-11-13 07:33:21
and that involved doing some tricks with adding decks to the merkle trees to make them not take too long to calculate the proofs
Fireduck
2018-11-13 07:33:38
none of it was super hard, but it took some thought to put it all together
Fireduck
2018-11-13 07:33:58
When you realized it would work
Truise
2018-11-13 07:34:05
What was your mindset?
Truise
2018-11-13 07:35:45
I thought this would be a fun project, a way to do some creative real programming work
Fireduck
2018-11-13 07:36:00
I didn't even expect this level of success
Fireduck
2018-11-13 07:37:08
Can I ask when you first started building for bitcoin?
Truise
2018-11-13 07:37:37
I used Satoshi dice back in the day. I gambled away what at the time was worth nothing basically
Truise
2018-11-13 07:38:06
I got into it a little in 2011 or so. Didn't really do much and barely understood what was going on.
Fireduck
2018-11-13 07:38:39
I made a little toy app to save a hash in a transaction by encoding data in the last bits of amounts in a series of outputs
Fireduck
2018-11-13 07:39:11
then when I understood more I made satoshidice because gambling should be provably fair
Fireduck
2018-11-13 07:39:25
no reason in the world it shouldn't be and we had the perfect tools for that
Fireduck
2018-11-13 07:39:56
After that I made a mining pool server and an electrum server
Fireduck
2018-11-13 07:40:17
How would you react if Youtube influncers contacted you for interviews?
Truise
2018-11-13 07:40:28
Ivan On Tech. Jimmy Song. Those guys
Truise
2018-11-13 07:40:59
I'm game. It is hard for me to find blocks of time to do things but I'd be willing.
Fireduck
2018-11-13 07:42:03
With lower hash rate you aren't worried about double spends?
Truise
2018-11-13 07:43:18
not at all. I imagine people will be hashing as hard as they can, it doesn't really matter what the rate is
Fireduck
2018-11-13 07:43:34
if they are hashing as fast as they can, unless they control a large fraction they can't double spend
Fireduck
2018-11-13 07:44:38
Can you see dedicated mining boxes being sold that don't really give an advantage but are plug'n'play with fields built in
Truise
2018-11-13 07:45:00
I've been playing around with that idea
Truise
2018-11-13 07:45:26
yeah, I could see something with an ok embedded processor and an m.2 slot working well
Fireduck
2018-11-13 07:45:44
What do you see as SNOWs biggest threat
Truise
2018-11-13 07:46:52
I'm not really sure, I've countered all the things I could think of
Fireduck
2018-11-13 07:47:04
so it would probably be something I haven't thought of
Fireduck
2018-11-13 07:49:22
There will never be a team that is paid in SNOW by the "foundation"
Truise
2018-11-13 07:49:28
Am I right in thinking that?
Truise
2018-11-13 07:50:40
I guess we could form a foundation and fund it and have it hire people
Fireduck
2018-11-13 07:51:00
but if that did happen, it would be from donations since there is no big pile of SNOW for anything like that
Fireduck
2018-11-13 07:51:55
No plan for spending on marketing or exchanges out of your own pockets?
Truise
2018-11-13 07:52:24
I know thats not "decentralized" but thats an uphill battle without it unless community steps up a lot
Truise
2018-11-13 07:52:32
Clueless and I are personally funding a few things, like this slack subscription and an android client
Fireduck
2018-11-13 07:57:06
Thanks for that
Truise
2018-11-13 07:58:42
I will be meeting Jameson Lopp in 2 weeks. Would you like me to ask him anything considering BTC design decisions that you might be curious about?
Truise
2018-11-13 07:59:07
I'm going to try and shill SNOW but its not an alt-coin friendly crowd, as I'm sure you know
Truise
2018-11-13 08:01:06
Good luck and thanks for your efforts
Fireduck
2018-11-13 08:52:54
Prefer chris deros bitcoin uncensored he'll ask hard questions lol
Daeng
2018-11-13 09:12:10
What about UTXOs in blockheaders. Doesn't that make it easier to spam attack or something like that?
Truise
2018-11-13 14:59:33
Utxo in headers allows for giving proven answers to lite clients. I don't see how it would have anything to do with spam.
Fireduck
2018-11-13 15:00:07
It also makes it easier to be sure that the nodes all have the same concept of what the utxo set is.
Fireduck