Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 3622. (Read 26607452 times)

legendary
Activity: 1078
Merit: 1441
Using a blockchain while having a 51% attack advantage on said blockchain, is a contradiction in terms...


Sure thats a fair point...


I was just answering the "who pays" aspect, and before that the "why" aspect, and as I think I have shown the who and why and how are actually, upon looking , quite obvious.

The "who pays" question raises exactly this point. When those performing the security are monolithic in nature (either explicitly or by implication), you might as well use a private database.


Well the who pays ,  as stated in this case, are the multiple actors that will use the system.... firstly the HMLR themselves, then the actors that they interact with, and ultimately the paying clients that they serve, what they are doing is streamlining and decentralising the process somewhat , and moving away from a completely centralised , slow, leaky, fraud prone,  expensive, manpower hungry, system.

Also, the network, the private permissioned need to know only , network, that they are building, which will be supported by nodes, it will live on the R3 Corda "blockchain" which is really a DL.... which is then secured and maintained in its own right (and not maintained by the HMLR)

Is the Corda r3 DLT anything other than a DL, that allows for "decentralised databases"  , no.

It (corda) is not a permissionless network, it is nothing like BTC, it is not trying to be.

But it is precisely because they (HMLR)  need to have a non fully centralised system in place to achieve what they are trying to achieve that they have chosen to explore this route... and it is specifically a "private enterprise "blockchain"" they have decided to explore,  on a permissioned distributed ledger, because, the actors involved are carrying out private transactions, which are on a need to know basis only , which require immediate atomic,  deterministic immutable settlement.  Also worth noting, that due to the nature of the real estate transactions they will be recording, they have chosen a structure which will have legal standing which Corda provides.  

So they have decided that they certainly do not want to use a permisionless public blockchain, which indeed would perhaps be unsuitable for what they are trying to achieve.

Yes,  it is mundane, its not that revolutionary.. it ain't "property NFT's" , it ain't a fully decentralised public blockchain solution...

I still find it interesting...  



 
legendary
Activity: 3808
Merit: 7912
OT:
Muting your mic reportedly doesn’t stop big tech from recording your audio

https://thenextweb.com/news/muting-your-mic-doesnt-stop-big-tech-recording-your-audio

Why am I not surprised. I long suspected that video conferencing software would have this issue, especially with all the world's WFH employees now on Zoom or similar.

It's a feature, not a bug. Big brother is listening, and your company is likely spying on your muted utterances.  Roll Eyes

Wanna mute and call your boss an fkn asshole, or that flake co-worker a bitch, under your breath? Better think again.  Wink

Good info. Muting audio is easy enough, muting the mic from the OS more difficult. I wonder if there's an easier way than suggested in the article.


 You just have to keep it in a vacuum when not in use.

 

  and be mindful of material conduction of sound.  Maybe some sort of mag-lev system would be ideal.

copper member
Activity: 1526
Merit: 2890
We provide brand new antminer for bitcoin and orther cryto currency only one address probablyascam.com

So You want to sell antminer on the Wall observer thread with a brand new account?


I think most people here know better, but for those who do not it bears repeating that anyone who is interested in buying mining hardware off some sketchy site from some shady newbie account is just begging to fall victim to spyware/malware.

Remember, there are people here hunting for suckers. And they will scam you if they can, of your passwords, private keys and coins. Don't be a fool, Stay safe.

This kind of nonsense is because you kids are not used to the old ways of using cash on delivery. You pay an extra 5 bucks or how much they ask of you for this 'pay on delivery' method, and also you get to open the package before you pay them anything. If you did not get your stuff, they have to return their empty box full of used tampons.  Roll Eyes  Roll Eyes

Well not sure how Cash on Delivery works in many place but based on my experience in few different places, once the package reaches your home you have to pay for it. Before you open or even evaluate and if you want to reject the receiving, still the delivery person or company will insist on taking the package, do the payment and then start the refund process.

The delivery company or person won’t take any responsibility for the package or what’s inside the package. Once they deliver you have to pay for it.
 
hero member
Activity: 1876
Merit: 612
Plant 1xTree for each Satoshi earned!
We provide brand new antminer for bitcoin and orther cryto currency only one address probablyascam.com

So You want to sell antminer on the Wall observer thread with a brand new account?


I think most people here know better, but for those who do not it bears repeating that anyone who is interested in buying mining hardware off some sketchy site from some shady newbie account is just begging to fall victim to spyware/malware.

Remember, there are people here hunting for suckers. And they will scam you if they can, of your passwords, private keys and coins. Don't be a fool, Stay safe.

This kind of nonsense is because you kids are not used to the old ways of using cash on delivery. You pay an extra 5 bucks or how much they ask of you for this 'pay on delivery' method, and also you get to open the package before you pay them anything. If you did not get your stuff, they have to return their empty box full of used tampons.  Roll Eyes  Roll Eyes
legendary
Activity: 2254
Merit: 2003
A Bitcoiner chooses. A slave obeys.
We provide brand new antminer for bitcoin and orther cryto currency only one address probablyascam.com

So You want to sell antminer on the Wall observer thread with a brand new account?


I think most people here know better, but for those who do not it bears repeating that anyone who is interested in buying mining hardware off some sketchy site from some shady newbie account is just begging to fall victim to spyware/malware.

Remember, there are people here hunting for suckers. And they will scam you if they can, of your passwords, private keys and coins. Don't be a fool, Stay safe.

Ps. I am surprised by all the people who quote the newbie without changing or deleting the website address from their quote. Stop advertising for him FFS.
legendary
Activity: 1078
Merit: 1441

So, the idea I believe is that they partner with various established players within the industry , in conveyancing, legal, HMRC, banks etc... and these guys who participate will/can run nodes to support the chain, and so the cost will be shared by them (and they will reduce their margins, and increase their profit by doing so)

The idea, that , it will be cheaper to maintain, than the current system(s) , more easily accessible, much much faster/streamlined, and far less prone to being gamed/defrauded.


So why would the land registry not just run a private secure database and charge fees to cover development costs? All the problems and expenses you decry are issues with the bureaucratic structure, not the underlying tech. A bureaucratic structure that isn't likely to take well to immutable databases, at that.



Apart from they haven't , they are using a "blockchain" (well in actual fact they are using a permissioned network, supported by nodes, that will live on the Corda r3,  which is a DL(T) , they call it an enterprise blockchain , but it actually does not have any blocks) to build their network

The reason quite simply imo is that, they wish to have a non fully centralised system,(ie do not want to have a centralised database) as the various players that will interact with the system want and need a way to be able to have some trust in the data, due to the nature of the transaction, and prevent it being gamed, so they are going with a private permissioned network , that does provide immutability to transactions,  with a UTXO ledger.   I'm guessing they have decided to go this route, because of the fact that there are multiple actors involved in the transactions, ie the bank, the ID/KYC providers, the conveyancing/legal, the buyer, the seller, etc.  I believe that , as they are wanting to make the whole process, digital, and fast, and fully automated (from the land registry point of view) that they are looking for finality in transactions, which they seem to have decided easier to achieve using a permissioned network, on the Corda DL(T).

They currently have two systems , one paper system and two, the digitised "newer" system that they launched in 1993, which brought them half way to digital. It is both of these systems they are replacing.

...as I said, it is quite a mundane really, I am not claiming it is anything other than that, but I still find the direction of trend interesting.


(ps, also they are not issues that I decry, they are issues that the HMLR decries and has stated themselves)
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 1876
Merit: 612
Plant 1xTree for each Satoshi earned!
After 3 vaccines (last one in December) I've finally lost my super powers and court covid . Don't want any sympathy as its just sore throat and runny nose. This is nothing compared with the Australian flu that nearly killed me 4 years ago

Maybe you caught something else


Maybe . Test kit is made in China so who knows.

Looks like a week at home watching the snooker and Bitcoin action. A positive outcome anyway

Giving business away and power to an enemy country must be the dumbest thing the West has done so far.  Roll Eyes  Roll Eyes
legendary
Activity: 2688
Merit: 2470
$120000 in 2024 Confirmed
After 3 vaccines (last one in December) I've finally lost my super powers and court covid . Don't want any sympathy as its just sore throat and runny nose. This is nothing compared with the Australian flu that nearly killed me 4 years ago

Maybe you caught something else


Maybe . Test kit is made in China so who knows.

Looks like a week at home watching the snooker and Bitcoin action. A positive outcome anyway
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
sr. member
Activity: 1190
Merit: 305
Pro financial, medical liberty
After 3 vaccines (last one in December) I've finally lost my super powers and court covid . Don't want any sympathy as its just sore throat and runny nose. This is nothing compared with the Australian flu that nearly killed me 4 years ago

Maybe you caught something else, like a cold, or got bitten by king cobra.
legendary
Activity: 2688
Merit: 2470
$120000 in 2024 Confirmed
After 3 vaccines (last one in December) I've finally lost my super powers and court covid . Don't want any sympathy as its just sore throat and runny nose. This is nothing compared with the Australian flu that nearly killed me 4 years ago
hero member
Activity: 1204
Merit: 755
Homo Sapiens Bitcoinerthalensis


Is that a US navy seal outfit?
Nah, it can’t be. Roll Eyes



~ and no I am not talking about a jpeg, pixel art "useless" NFTs, but rather "useful NFTs""

There is no such thing as a “useful NFT”.
Read Torgue’s & Richy’s comments on that, again.



The roumors have it that monday might be a good bet.

The rumours also have it, that you will end up in Hell.



Using it for inherently centralized databases is stupid and probably fraud in most cases where "experts" are trying to sell it as such.

Agreed.
Sorry dear, had to quote you on something.



It's a feature, not a bug. Big brother is listening, ~

Even if the devices are turned off.
Why do you think Apple makes it so difficult to, and embeds batteries on their devices?

Then again, there are those Faraday cases - which I’m very fond of.



I would venture to state that if one find's oneself in the position of wanting/needing to do that, one is obviously in the wrong position.

Of course you would.
You are the mother of all cunts, if you don’t value individual privacy to the highest degree.



Sung to the tune of ~

Confirmation no.101 that you’re a fucking sicko.



Good morning people.

No place to go
copper member
Activity: 1526
Merit: 2890
If any of us from “WO” went on TV the first answer would definitely be this

https://www.reddit.com/r/Bitcoin/comments/u55lt6/why_yes_yes_it_is/
member
Activity: 812
Merit: 53

1 Day chart of BTC/USDT.
What are your predictions about this chart. What is the next move of bitcoin. Now, price of bitcoin is moving in a range. We can say it as a market is in side ways mode. Bitcoin please show your bullish moves. Grin
member
Activity: 812
Merit: 53


If money talks, then Bitcoin sings Grin
But Bitcoin is dancing in bull run.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
jr. member
Activity: 39
Merit: 2




Market is amking a slower movement and not making a good recovery here.








legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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