The rise of the bitcoin hash rate - an analogy for hash smokers

How can we visualize the rise of computing power on the bitcoin network?  We need something more common in people's lives than hashing power.  So, how about: hash?  That's right, hashish.  Lets go with it and see if the analogy helps. We'll look at the hash rate of the network and compare it to a...

It's all genetic no need to worry

A while ago we showed that intelligence is caused by big feet and obesity by genetics.  In today's lulz we have more "correlation is causation!", in splendid comic form. Take a look at this post from a "genetic counselor".  This thing struck me as noteworthy for a couple reasons.  The first thing you are likely...

The Professor

"The Professor" (1986) (Giuseppe Tornatore) is a film that..  just kidding!  What you think I'm going full orc and doing movie reviews here? No no no. The professor that I am reviewing is a 5x5x5 cube made by ShengShou called the LingLong.  It's a white stickered cube and I picked it up because it seemed...

Toltec Sorcery

Carlos_Castaneda_Books   (detached pgp signature) Like any good book review ought to do, this one starts out with "here's the books I'm talking about" and "here's a way to verify you have the same ones I read".  In this case the books are decent OCR scans and so who knows, perhaps are different in more substantial...

It's the economy, stupid!

So many public coins out there!  Unfortunately, a lot of them have suffered from a problem of not considering the long term economics of their supply.  Even bitcoin in fact, the original public coin, leaves something to be desired in this arena.  Lets take a closer look. The issue is the money supply, and the...

Peter and the Wolf

http://frass.woodcoin.org/wp-content/uploads/2016/05/Peter-and-the-wolf.mp3 "Peter and the wolf" is right up there on the list of the greatest compositions of all time.  This is one of my favorite performances of it, narrated by Ralph Richardson with the London Symphony Orchestra conducted by Malcolm Sargent.  The piece is billed as being for "Children of All Ages", and it really...

secp256k1 vs. p256

Round 1!  (pun intended) A recent conversation brought this snippet in: ...prime256v1 is not a widely used curve for altcoins and is regarded as very unsafe to use... Every six months or so I return to this topic and repeat the research again, similar to the way I re-derive e.g. the quadratic equation and the chain...

Proof of Greater Fool

"A Peer-To-Peer Dimensionless Pseudo-currency Secured with Pure Proof-of-Greater-Fool" Most of us have been exposed to the dimensionless token in some way or another.  Many of us grew up with them being pushed on us in schools, as teachers taught us various shapes and sizes that these tokens being pushed locally could take.  "The dime is...

Fiat Feudalism - A Primer for Marxists

Karl Marx recently received acclaim as the most influential academic ever.  Of course these quantitative studies of academic influence are not really so worthwhile as claimed, being in some ways corruptible and generally not necessarily indicative of reputations on the ground.  However there is without question some truth to the strong influence Marx had on...

Public Coin

What is public coin? A public coin is any exchange commodity for which the total supply is public.  It is any money in which everybody knows how much there is.  Compare this to a "publicly traded company".  Such companies have a list of shares that is public, which makes the supply of shares public knowledge. ...