Wednesday, February 28, 2018

Recession daters have less sex, cause downturn

Zero Hedge found this gem.

Just prior to recession, future babies seem expensive. So much for Money Illusion and expectations.

We do atomic swaps on the web everyday

When I buy inline with Walmart, I trust the pipeline because the protocol contains status on delivery, and I have powrr to revoke, for a congestion priced fee.

Across blockchain, my theory holds, any blockchain can be  swapped with revoke before timeout. Theory works because queuing is bounded and exceptions countable.

Simple, easy, spectre compatible. Needs notaries, lots of them and Mr. JP Morgan himself be going in notary biz big time.

Web based, general utility, pipeline control. Boom times, here today/.

Only for a while

PARTNER NEWS: Banks can now use a service from NFC payments specialist Dejamobile to let new customers open a bank account, confirm their identity using approved Know Your Customer (KYC) procedures, request and receive an NFC bank card and begin making mobile payments — all from their smartphone and in under five minutes.The service can be deployed today in any country that has an online KYC provider and an issuing processor able to handle instant issuance, Dejamobile CEO Houssem Assadi told NFC World.

And this approach results in bearer cash because one can robotically exchange assets via  power  of attorney and the 22 year old told us how bearer cash works.

So the fiat bankers will immediately ask for the same privileges. The Elon Musk period of free government subsidies are gone, little browns too poor to pay.

How can a cabinet officer be that stupid

That was the head-scratching question facing some Americans on Tuesday amid news that a Department of Housing and Urban Development official complained about the agency’s plans to redecorate Secretary Ben Carson’s office.
 OK, let us buy a chair for five grand, and other outrage in the newpapers which reveal one to be fairly stupid. Why?

Trumpsters misses an important condition, your officers must be smart enough to hide their residual stupidity.

Repubs plan more mass killings

"Take The Guns First" - Trump Breaks With Republicans Over Gun-Control Plan

Mainly the big government Freedom Caucus. In response to the mass shootings, Repubs want the legal limit lowered, and more AR15s to the  crazies.

They are idiots Take the Roy Moore pervert, triple it, that is  how badly Repubs will lose. The nation and economy will better off if we dump the Repub child molesters from the Senate.

We are at minus five points, Cal pensions need a ten point swing in the next few quarters

Stocks are sinking and are now on track for their worst month in 2 years

If cal pensions come in  with less gains, the funding freezes for a bunch of cal cities and counties. Then, California triggers the recession. California borrowing will drive up treasury yields forcing recession.

Sandbox solves this

LAGUNA BEACH – For decades, the Western world put its faith in a well-defined and broadly accepted economic paradigm with applications at both the national and global levels. But, against a background of  in the ability of “experts” to explain, let alone predict, economic developments, that faith has deteriorated. With a new paradigm having yet to emerge, the world economy faces a heightened risk of fragmentation, with already-vulnerable countries being left even further behind.
MOHAMED A. EL-ERIAN making stuff up to build his fake persona.  

The sandbox does it simple, it constantly maintains to most accurate model of the current economy so we really don't need experts. Their are no humans in the sandbox.

Light bulb brightens

"Rather than seeing a single Star Wars-type token that is good for everything across the galaxy, we'll see a proliferation of tokens that have different functions."
Circle X has figured out bearer assets and realized that we are building a monetary network with many ledger systems. 

We are seeing the spectre 'fix' permeating the sandbox.

Florida teachers ordered to shoot NRA members on sight

Florida Moves To Arm Teachers After School Massacre

Defending the nation against conservative welfare bums, like the Tea Party dysfunctionals.

Expectoraters badly expectorating

Pending Home Sales plunged 4.7% in January (massively below the 0.5% expected rise in sales) - this is the biggest drop since May 2010.

Whoops.

Now that we figured out bearer cash

JPMorgan & BofA Admit "Disruptive Threat" Of Cryptocurrency To Their Business


We have a cryptocurrency issue because  the 22 year old kid told us how to secure bearer cash in the processor.  

So, today starts, finally, with a real understanding  of crypto. I no longer have to tell the high school kids about  twenty dollar paper bills, watermarking,  cellulose and ink.  We can actually do real money.

JP Morgan is disrupted alright, but disrupted with booming business opportunities.

Planning our recession

The next U.S. recession could drag on longer than the last one that stretched 18 months. That’s the assessment of former Treasury Secretary Larry Summers. 
Include Buffet, Cal pension funds,  and the Fed board all planning for a downturn.  Problem? No one plans on paying trillion dollar federal interest charges.

Tuesday, February 27, 2018

Mueller, you idiot

Mueller is looking into whether there's a correlation between Trump's Russian business dealings and the timing of his 2016 campaign

Hard to prove  in court since the election time is defined by a 240 year old constitution.

Default is permanent

Paul Krugman on Temporary vs Permanent Monetary Injections


That would be Krugman discovering interest  charges are designed to  induce payback of principal. How in the world did anyone convince themselves otherwise?  

Florida can pay for the gun nuts

Florida Governor Touts $500M School Safety Plan

Let the feds tax Floridians another half billion because Rick Scott's first instinct was Federal bailout. Then the next dumbass Republican governor welfare bum will think twice.

All hat, no horse

 It's Marianne Lake, the CFO of JPMorgan Chase.In an investor day presentation Tuesday February 27, Lake went through the Wall Street giant's "Digital Everywhere" strategy. And later, JPMorgan chief Jamie Dimon, who's teamed up with Bezos and Warren Buffett's Berkshire Hathaway on a healthcare initiative, discussed Amazon Prime.Taken together, the comments hint at JPMorgan's vision of the future of banking.
The new money tech is an industrial architecture. JP Morgan haves nothing to do with sandbox, they want a secret dark pool while governments leaves out the little guy. 

Relying on the government debt cartel for protection will leave JP Morgan with huge regulation costs. The sandbox avoids regulation costs, we leave that up to buyer and seller.

The point, to repeat, government TBTF monopoly licenses are gone. When congress asks for the next fed bailout, sandbox insures we all participate.  No more magic walrus.

Justice needs to talk to the Fed

Over the past few months, the U.S. government and its special agencies have been ramping up their efforts to try to regulate bitcoin and digital currencies. This week the Justice Department’s Deputy Attorney General Rod Rosenstein spoke about cryptocurrencies at the Financial Services Roundtable this Monday in Washington, DC.

The market itself is just now explaining the fintech issue to the Fed.  Justice is trying to regulate a moving target, let the Fed lead.

Do not use Microsoft Coco platform, said Bill

Bill Gates does not seem to be a fan of cryptocurrencies.In a Reddit AMA on Tuesday, the Microsoft cofounder expressed his belief that the anonymity behind cryptocurrencies is not "a good thing," adding that society benefits when governments can identify money launderers, tax evaders, and the people funding terrorists."The main feature of cryptocurrencies is their anonymity. I don't think this is a good thing. The Governments [sic] ability to find money laundering and tax evasion and terrorist funding is a good thing," Gates wrote.
Sandbox don't need Coco, so, yes Bill, your ex company is locked out of the market as your shareholders agree. I guess the same lockout applies to Timmy and Apple. 

The sandbox is voluntary, bearer cash, welcome aboard, except Microsoft and  Apple

Look here, see Bill Gates kill people:
Supreme Court justices peppered Microsoft and Justice Department attorneys with questions Tuesday in the long-running dispute over whether U.S. warrants can reach internet data stored outside the country, but there was no clear indication where the court is leaning.
The case arose when Microsoft refused to comply with a 2013 warrant issued under the 1986 Stored Communications Act that demanded customer emails stored in a data center in Dublin.
Microsoft argued the emails were on Irish soil and so governed by Irish law, not American. The Justice Department argued the emails were really in the U.S. because Microsoft could retrieve them with just a few mouse clicks at its Redmond, Wash., headquarters.

Neither Microsoft nor the Justice Department has revealed the citizenship of the owner of the disputed emails, which were part of a narcotics trafficking case.

Then QE is a permanent feature

Fed Chair Admits "US Is Not On A Sustainable Fiscal Path"


The current plan is for the Fed to bailout congress for eternity.  I don't think infinite plans work, most of finance is prepping for the correction.

The spectre 'fix' is universal proof of work

No one can out run the instruction cache, so if asynchronous switches are routed through the cache itself, we get proof that there was no re-ordering in the 'switch', and the 'switch' in unqueued. That is network layer definition. let's us get around and defer the asynchronous congestions to external markets.

Universal proof of work is bearer cash. If the notary cleared it then it is good until the next few Intel hops in the cache, and that is all the control in the world, order guaranteed.  Bearer cash is like the 'link' layer in the old ISO network stack.

Web based pipeline control

It works, short routig rotocols always  resolve with timeout, each oarty hastime to rice the risk of fraud,, we get a futures market.

Sample protocol:

Deposit a bit of Eth to bearer cash (robotic control by the router)
Lell the bearer Eth for bearer cash ta dollars
Order a bottle of Jack Daniels

I have two or three ledgers, the Jack Daniels delivery ledger, the Eth ledger and a market trade. All the ledgers have to support time limited revokal os the last transaction. All parties agree to the market trade and it is assumed fair and auto traded with no need for reversal. Pits have a very hard time clawing back bets after price compression, hire an insurance notary.

So web based bearer cash routing is pried to safety. We can price that timeout into balanced, safe and secure protocols for routing; in the existing web, even ignoring the spectre bug issue.  But it is quite clear we are going to get a trusted linux context for pipeline control at the deeper level. The web based router is still compatible.

So we bet time?
Yes, I guess so. I was ambivalent, well adamant, we don't make bet terms in the S&L. But theory kept telling me that timeouts are needed, and working the issue, we will bet timeouts. iers working the ledgers will be dealing with a minority of roll back congestion.

A futures bet is a dare, a public dare.  Can I get other parties to mark my protocol, l then execute a recall, make money? Counterparties observe the bet, a protocol stack in the public wallet. They get the bet, it boils down, once again to congestion pricing on roll backs.  Miners control that, it becomes a congestion bet like everything else.

Consider  a simple banking bet. One party puts a large sum into the escrow router with recall on timeout.  Prequalified parties can go ahead and spend it in small amounts. The granting party orders partial recall when the coin expands market share, banker gaining purchase power on the margin.

So, yes, public wallet works as an escrow router, but it incurs recall congestion on all the ledger services. It will become the hedgers favorite tool, welcome to the sandbox.

Monday, February 26, 2018

A robust set of contract languages show up

There are a few companies building  special purpose languages.  Not all will survive, and there are some conditions:

The most common contracts swap across ledger and pit systems. Thus each ledger system needs a revoke with timeout to handle congestion.  

That is the only necessary condition, the core of the contract can be handled in a special  wallet.  Systems that combine a ledger and language get limited market. The escrow router will be a real device and handle the simple cross platform trades.

Codeword for Treasury bailout

Federal Reserve Chairman Jerome Powell and his colleagues may be willing to accept inflation rising as high as 2.5 percent as they seek to extend the almost nine-year economic expansion.
A old trick, pretend on inflation targeting, but the real issue always is interest charges on Treasury cause bankruptcy.  

Trump, you bonehead

Trump suggests he and governors would’ve rushed Fla school

In real time we saw Rick Scott run to the Feds for bailout, Trump ran to the NRA, and Florida repubs decided giving guns to crazies was fine. Those were your first cowardly acts, and you all gonna lose votes.

Confirmation times on the blockchain

The time to confirm is a critical parameter if a party has a signature to revoke, under time,  the prior transaction.


Traders could suddenly find their ability to revoke gets congested absent a much high fee.   One spike in congestion and a whole class of traders will cancel ongoing contracts for fear of cheating opportunities opening up.  Miners can solve this with close attention to congestion fees.

Camping in California

After inviting all the poor to come camping, the downtown campsites are crowded with triple voters waiting free medical care.

Bunch the bums and make easier target

Boycotts Against NRA Have Backfire Effect, Galvanize Conservatives

They aggregate into a group called Welfare Bums of America,  easy to target using our organized and distributed militia. 

Sunday, February 25, 2018

The notary contract

In the simplest case of a software wallet executing a cross chain swap.  

The notary can simply watch the ledgers and verify its client goodies have been registered, subject to the price of rollback under timeout.  Bad actors can spoof, make the counter party wait while the cost of roll back increases. Notaries that allow bad behavior get shunned as parties post their notaries prior to engagement.

Notaries end up doing a  long form aggregation of the market, the common pooling effect happening in prices for services. The other method is the pit boss making mass market.  A pit boss being an odd form of notary, it verifies publicizes to all parties what the matching queue structures look like. Then mashes prices, but there is no timeout for reversal, except your opportunity for one last adjustment of your bet. The bit error residual is an ex post verification that pricing was within bounds, like a ledger with slight error.  We should readily prove that the roll back price variation in over the counter protocols matches bit error in the pits. Both should have equivalent tradebook uncertainty.

Networks finite, optimally congested is unique maximizing entropy. 

Now the company to watch  in the market is Republic Protocol.  Those folks are all about swarmulating bot protocols, they would utilize the generic escrow router to its maximum.  They will optimize notaries to allow sufficient lower bounds on roll back fees such the the fails to deliver  queue shows price, secretly discovered in hidden deals.

Then you have Ripple and their fiat customers, no swap, no bearer fiat cash; a non starter for fiaters. So, we have fun times  seeing both hedgers and fiaters playing on even field.

Fibonacci ratio showed his mark

There’s a new volatility ‘witching hour’ puzzling stock traders

Consider bid to offer in volume, extracting the ratio of two queues, the in and out at balance.  We require the difference in variances to be 1, define that as tradebook error.

The ratio of 'sigma' or typical queue size must obey a ratio property, which I magically claim has a special result, ratio times  rate of ratio has a maximum when it is  .618.  It is a real result  of the market acting like an adaptable rational approximation theory. Phi is the solution to hyperbolic second derivative is make. It is the solution most elastic; meaning the ratio is accurate, pricing works.

The missing connection is that number theory is about finite algorithms and how they utilize index space.  And that becomes a a queuing problem on recursive protocols.  

It is there, queuing on interacting protocols makes a statistical flow problem, leading to queuing on networks and generators having algebras.  A high school kid will formulize it. 

But there is a close relationship between a generator derived from compressive pricing of sequences and  a bunch of short over the counter protocols discovering themselves. The same price menu should result via complexity proofs. And complexity and window size should be consistently divergent. We go from discovered sequences to an optimally interleaved pricing events.

In this case, there is a point when brokers have to record their numbers for the close. That is the most active trading period and a maximum on the second derivative of that ratio.

Something strange in the neighborhood

Who is buying stocks? Why owners of stock and their aggregators.  The index stocks just track corporate buybacks. If the CEOs knew the economy then they wouldn't all be doing the same thing.

Goldman knows better

Goldman Says Stocks May Plunge 25% If 10-Year Yield Hits 4.5%

It is not 4.5, it is 2.5 or 2.8, the point when we see stocks rise at  less than 3%/yr, because that then triggers pension doom and we just visit 4.5 in a momentary passing. 

Why not buy them from the Equifax hackers?

In the summer of 2014, an American, two Israelis, and two co-conspirators breached a network server of JPMorgan Chase, the largest US bank.They got hold of roughly 83 million customers' personal information, including names, addresses, phone numbers, and email addresses.
Our IDs are fodder in the laundry business, long since worthless for accurate accounting.  

Our thumbs mostly remained attached to our legal person. Can Equifax mastermind a mass thumb amputation? 

Affirmative appointees have quotas

California Democrats Decline To Endorse Another Term For Sen. Dianne Feinstein

You have raked in a nice pile of goodies, Dianne, time to share the inside fixes with others.

Wrongly layered

StormX has a blockchain structure for labor services, somehow.  Now they want to use their tokens in place of frequent flyer coin.  I say, if you have the contract infrastructure, then sell StormX as the leading notary for frequent flyer coin.  The infrastructure manages airline compliance with the coin.  It acts like flyer insurance.
I Only Fly First Class customers can use STORM tokens, either awarded through the Storm Play app or purchased on an exchange, to buy discounted first class airfare on the travel service’s website.  I Only Fly First Class has a unique business model that allows its customers to get the best prices on first and business class airfare.  The company purchases award miles from various loyalty programs at wholesale prices and uses those discounted miles to book flights, passing the saving along to customers.
Ok, keep this second article:
What to Look for in ICO Terms and Conditions

What if Storm Labs hits a big contract to handle frequent flyer coin.  They make profit but depreciate the utility of their coin.  The investor wants convertibility into ownership. 


NRA threatens more guns to crazies

The NRA Has A Tough Message For Liberals Trying To Intimidate Them

The tactic has been tried and the good militia still wins in battle against gun porn. 

The anti NRA bears arms the pro NRA don't understand. The pro NRA suffers a hysteria that causes devolution of their genetics so good guys always appear to have the smarter militia, See you in battle.

The steering wheel broke

Ron Paul Warns "We Can't Continue To Run The World"

We are back to the linux kernel pros

The final spectre bug fix is our definition of the standard hardware wallet.  Example. The kernel engineers want the code to finish before cache timeout, we want the protocol to finish with ledger timeout.   In both cases, the asynchronous timeout must leave the protocol safe. he kernel folks require a safe context switch, we require safe waiting for notary certification. They limit loops, we require spanning tree protocols. They have all the same code proofing we need.

The standard hardware wallet defines notary conditions on the standard software wallet.  That definition defines protocol proofs prior to engagement, and defines standard interface between wallet and ledger or pit. That gets us a cisco style, high speed escrow router.

Layering means we have an order book, I want to hire a notary, check my bearer assets on contract. I can get an S&L account. search and order products, hire logistics services, even get insured by a Brinks notary on my precious metals assets.  Market wide open because of the so called  Intel bug.  Buy Intel and welcome to sandbox.

Affirmative action babe sells male sex toys

NRA spokeswoman becomes new face of gun rights movement

If every ledger had one common property

A transaction can be revoked within a time period by a pre-designated notary. This should give all parties a check on the autonomous operation of a wallet bot. Bitcoin has, or can allow, the feature without hard fork.

Consider the simple case of the cross chain swap using a shared wallet bot.  The entire protocol is presented to all selected notaries, and they sign off at each check point. All actions at the start of the swap are deposits into the wallet with revokable timeouts. 

At any point during execution, any party can exit within the timeout, for a hefty exit fee. All the other notaries notice the revokable clause was executed on a participating ledger, and they cascade an exit, a complete roll back. Each ledger offers the revokable transaction, the automatic reverse of a transfer. The reversing signature specified before hand.

Reversible side protocols can be nested with a revokable transfer from the wallet to itself. Thus, nesting is controlled by traders, off loaded from the separate ledgers.

The normal protocol exit, then, is to allow the timeout to expire and the outcome is certified by all, in default. The price of revoking should increase as the timeout nears the limit making race conditions unprofitable. The first notary that evokes reversibility pays the high price.

This little ledger requirement really lessens the burden of arbitrary swaps; bearer assets becomes visible  in the protocol during execution. 

Retail shoppers select the default notary, or let BofA handle the whole transaction because the retail shopper has a delivery or delivery certificate in hand. So we should obtain a variety of exchange protocols supportable across a variety of ledgers. Pipeline security replaced by general ledger two phase commit. I think this works., and we can see thi smoothly transitions into full the pipeline controlled systems.

Hedgers will watch market prices and the timeout, so we get a  priced fails to deliver queue. We end up with select notaries running a futures market, a very good idea. 

All the pending protocols, published, is your futures markets  If you just look at swaps, under the system, you get all the variables need for spotting any two bearer assets against each other. Miners run the ledgers independently, but they can share revoking fees, thus no bad actor on one ledger can bottle up the other ledgers.

Many ways to skin same cat, all compatible because we created a flexible notary industry out of the miners, learnt them something. The uncertain  layering was about cyber ptrol, assigning badges for pre-qual, and forcing mark to market. The notary idea bundles these functions and traders can agree on selected notaries prior to engagement. 

Welcome to sandbox.

Open carry schools

The student goes to open carry school if parent or student registers guns.  Anti gun students go to other school.

The open carry school is safe because the students engage in fair  gun battles, parent are celebrated when their kid comes home in a box. fair fight they will say.

Sorted counties

Parkland victim's father: We need to focus on school safety, not gun control
Could be a parent with a load of AR15 in the house, doesn't want to be girly and give them up.

The education system is sortable, parent who want their taxes doubled and AR15s at the same time can go live in one county.  They are not allowed in the other county because AR15s and the like cannot be allowed.

The state Republicans can help.  using states right.  Any county can petition to have both assault weapons and high taxes, their choice. But all the other counties always assume a resident of AR15 county is a nut ball secually disfunctional crazy.

Saturday, February 24, 2018

Huge opportunity for BofA

Bank of America Acknowledges the Threat Posed by Cryptocurrency

Their research group hasn't explained sandbox.  

BofA will come around when they understand contract control,power of attorney.  The new approach opens new risk free banking services opportunities, methods to reach the little guy with very low transaction costs and more secure and complex agreements.

Simple contract chain

A transaction is a finite protocol, the conditional directed graph going forward.  It is on the blockchain.  The trading parties that first  produce a condition and drop  down one step will generate a new transaction containing the subtended graph of possibilities, or some pointer to.  Notaries agree the the transition according to how the checks are called out.

Thus we get all the benefits of secure processor in the existing web. But this is memory intensive, we keep record of paths not taken.

Consider parties A and B declaring their intent to swap. The pay the miners to put their proposed contract on  the block chain. Path left is party A pays, waiting for B;and visa versa, both valid, and the first to sign selects the path.  It is on the block china. I party B fails to arrive, my step reverts to timeout, fair outcome.   Neither party can cheat because any cheat is a protocol and thus competes with the swap yielding on safe outcomes. Notaries will not find a solution to the swap if one of the parties sneaks in a transfer.

This approach is similar to a lot of what is happening in block chain.   Since ownership protocol are chained and unique, segmented paths, the the total block chain is simply a chain of power of attorneys defining who owned what, no special coin implied.

In fact, this is nothing but a robot attorneys executing a complicated contract among parties, without benefit of notaries,  all done on the witness stand [block chain] so to speak.

This is pipeline control in simulation, works great. The reason thi approach wins is because, like pipeline control, the trading protocols determine the  otray sequence. The blockchain lists the notary function prior to execution, the notaries can actually anticipate notary demand. But heir is no disagreement even though the consensus methods may change along the ledger, because the notary methods were known prior, the prior possible outcomes gave  notice.

We are faced with too many great ideas caught in proprietary shells. Let us look for agreement on simple protocols and routes.  Let protocols select route managers operating from a parsable, posted map. Thus, the blockchain format independent of ledger  use, except limited to digital bearer assets of all type. Then let the notaries step the protocols. With pipeline control, the blockchain is the  linked list of pipelines, each holding a notarized set of independent protocols. The protocols, by directing their own path via notary, will actually alter  the pipeline chain from one consensus condition to the next.

A strictly spanning tree finite, multiple convolutions among them,  and you solved most of it. Do it on the web or in the instruction cache. By convolutions among separate protocol trees, I limit myself to one check point per party per  protocol pairing.  Thus, I can, in theory, free run each protocol over each other protocol and cover all checkpoints in proper order. No repeat and retry necessary.   Once  multiple parties reach a conditional lock on the block chain, then neither party should be holding a lock at any other position. Hire a mathematician who knows protocol theory, they will create compiler proofs to stop interlocking loops.

Variations:

This idea is  simply a continuation of what is happening in market. Blockchain style consistency check. Here is a variation of simple chain.  A transaction is a protocol tree, fits in a reusable space on the blockchain.  When all parties and notaries and pit bosses are done moving through the agreed path, they can agree to delete their record, put it into permanent off line  storage.

Make the further stipulation that any protocol operates from one wallet, at a time.  The rent a connected wallet on the chain.  Since all pit bosses and notaries need be reachable via protocol pointers on the chain, all the separate services will adopt the common call interface. That common interface also applies to pipeline control.

Where to use simple chain?  Work flow management. A public company uses pipeline control for ownership contract. Purchase of assemblies in value added chain.

Notary consensus as an insurance business

Walmart runs controlled pipeline. BofA says, yes, I will notarize that stack for a fee, then BofA takes that wad of notary business and farms it out to a bunch of credit notaries who then remarket credit protocols that customers use to buy lawn mowers.

All the new business opportunities being revealed to BofA early as they nabbed the larger contract. Notaries manage up to smart layer, can initiate large trades like initial bearer asset offerings, the old IBAO.   With escrow router, we get market segmentation because we can match groups of traders and groups of notaries, the protocols are matched and stable.

Trusting the microprocessor

The iron hard processor has the hidden key, and can send the micro code signature back to the foundry, there a caged processor can check it against the list. The harden processors in the escrow router are not the bottleneck, there i no queuing and they run short, spanning tree protocols. Most of the routing will use only hundreds of instructions, everything else is passed on to untrusting notaries and pit, an they have the queues.  So the number of hardened processors we need to get aoud the oits is small, thousands. Intel can charge quadruple the price, make it worth it. The smaller the number outtaning, the fewer security guards.

More than likely demand for secure processor  is total.   That is still ok because notaries can band  together and only support those processors they know.  Even without secret keys, notaries can band together and insure some out of band security services to watch them.Cyber patrol on the processors is a lot like consensus building, one processor trusts another than it also trusts the chain of processors.

The race is that no side processor can be activated before any protocol reaches a safe checkpoint.   This is an extremely difficult counterfeit, and is soon noticed at the notary level.   We can do this today, for the data center, maybe just replace the cisco layer.

Unabashed socialism at NRO

In the aftermath of another tragic mass shooting, expanding access to inpatient care for the mentally ill must be a top priority.

If we open up mental clinics for NRA nuts, the NRA will shoot the place up.  The best bet is a continued attack on NRO socialist idiots and their gun running friends.

Berkshire preps for recession

Berkshire Bags Record Gain Due To Tax Cuts, Hordes Cash "To Withstand Economic Discontinuities"
Then with all that government  monopoly insurance, Warren gets government license to buy TBTF shares at cheap, insured prices. Kanosians will celebrate.  

Thus  we do sandbox since escaping from the Kanosian nightmare means bailing out the Swamp.

Timmy is backwards

If Apple CEO Tim Cook had his way, he would never use cash again — and he thinks there's a chance that it could actually happen."What I believe is I think I'm hoping that I'm still going to be alive to see the elimination of money," he said earlier this month at a meeting for Apple shareholders in Cupertino, California."Because why would you have this stuff! Why go through all the expense of printing this stuff and then some people steal it, and you've got to worry about counterfeits and all these things," he continued.
We  dump paper but everything becomes digital bearer asserts.  Yes,  we still  worry counterfeit and we worry about CEOs giving up our data to government.
"We can provide a solution for the customer that's simpler, more convenient, you don't carry around a wallet with a bunch of cards in it, or a purse with a bunch of cards in it," Cook said. "And it's more secure, if you've ever had your credit card ripped off, I'm sure a lot of you have, I have, it's not a good experience."
Nice sentiment, wrong semantic. We carry around wallets and purses everywhere with  lots of different types of cash; all of it digital. 
"So we've designed Apple Pay to take care of all of that basically, so you're not passing your card number around," he continued.
Yea, we designed sandbox so  plastic cards outperform your stupid telephone.  In fact, you have actually contributes crap to our task, the Google and Microsoft kids doing the work.

Friday, February 23, 2018

An easy way out for the California Supremes

Since the lawsuits are piling up, it is clear that the normally understood California Rule is no longer understood, state it in writing. Thus it is apparent to unions,  write it down, or it ain't true.

The Cal Supremes need t say that, then shut up.  Anything else they do just creates a more foul mess. They have few clean options.

Processor to processor cash transfers

In all cash transfers, the notary gets involved at some level.  In the simplest case, all the controlled pipelines already share signatures with their peers, work done at the start by notaries.  After that we can consider the simplest case.
Consider:

send 5 Btc to P2 on the even money protocol

This is sent from P1, which is already stable so the Btc is valid bearer cash.  In the simple case, the Btc is addressed to the pipeline wallet but under control of the user protocol. P2 could be a pit that trades Btc for Eth. The message causes P2 to accepts the Btc and start the even money trade bot. 

The calling protocol is not allowed to run until P2 is done with the Btc.  This is not a necessary condition, but I impose it.

P2,  being a pit,  compresses prices and the even money bot  has bought Eth, owns them as bearer cash then says:

send 200 Eth to P1, return protocol 

Now there are a number of other protocols, in oher processors that hold bearer Btc cash, refundable by P1.   Not a problem, P2 or P1 can register the ownership, clear the transfer. 

The original protocol, by arriving at the resolving protocol branch, has agreed to terms, accepts the result. attorney. The prior trace of protocol., when the Btc was controlled in P1, that trace has dropped out.  The is no double spending, there i no  stable double spending opportunity by proof, outcomes are finite, countable and testable.

But, notaries have to keep an eye out for keys.

Works for me

Montana Scores $250 Million Bitcoin Mining Campus

2/3 thirds of these 'miners' go into the notary business, and Montana holds the nation's protocol machine, backed by notary farm. We will get orders of magnitude more transaction flow than alone.  Welcome to sandbox.

The NY Fed has pre-announced QE

When Bonds & The Dollar Sink, The Only Thing That Can Save Stocks Is QE

The post recession execution has begun a half quarter cycle ahead, for once. Add sandbox to the plan, make it fun.

Still reading about spectre fixes

And the fixes, the tools to pre-check user codes, the compiler options, all that, I read as software methods and system to secure protocol execution. Clear as day to me. They have great analysis tools, easily reused for stable protocol proofing.

The interaction between kernel and protocol is always bounded by stable calls to notary guaranteeing the protocol is stable in the event of kernel interruption.  

So, basically take a batch of linux kernel techies and have them repurpose their industry a bit, make bigger do-re-me. They should at least know what discovered the bug. It was no accident, Google and Microsoft and Intel started this as  a protocol machinery project.  Intel SGX conceived for secure protocol years prior.

Our security problem is verifying a valid processor. A shady bank could buy a decomposed processor board with built in hardware cheats and put it on the web.  Chip foundries will solve that, a hardware secret key is worth do-re-me.  Foundries can verify remotely without human eyes. If Intel can do that than go ahead, triple your price, and send me a check.

The right to bear arms

JAMES DAMORE: GOOGLE LEFTISTS ‘DIG THROUGH A PRIVATE CONSERVATIVE MAILING LIST’ TO GET PEOPLE FIRED.

Nothing bad here, Google bearing its weapons to hunt down deranged males with guns,  Google is a second amendment regulated militia. It is free to engage in militia action against the NRA and Instapundit, and any other unregulated gun slingers it don't like.

Getting people fired is part of a regulated militia's secret service, including following gunslinger, nutty professors around college. Google and its militia are highly active in dumbshit states, like Tessessee, where gun fights between uneducated, sexually hysterical males is normal.

Pat Buchanan, socialist bum

Pat Buchanan On Nikolas Cruz: "The System Failed Up & Down The Line"


The repubs exactly planned to put guns in the hand of dufas males. That was the Florida plot, the evil part is these socialist bums, like Pat, would eventually expect California taxes to bail out the mess.

 California and New York are executing their extra constitutional rights to hunt down the guns runners, even if they are dumbshit Floridians. The supremes won't help because absent california taxes, the repub welfare bums don't get squat.

Every sheriff did their duty

Of course, we’ll have to wait on a final report with a detailed timeline of events to know for certain, but it sounds as if we have at least one officer and maybe more who failed dramatically here. I don’t think it’s a news flash to any sheriff’s deputy anywhere in the country that when someone is murdering children, their job is to get involved and stop it. That’s certainly the case when they are on duty in their primary area of responsibility.
The law was quite specific, ask Rick Scott. 

Florida legislators demand that crazies have guns to express their  male frustrations.  If Florida Repubs felt differently then why do they celebrate guns after each mass shooting? Why are a national Repubs, including Trump celebrate with the gun runners after each mass shooting?

The bigger question is why do the rest of us have to put up with Tea Party Welfare bums, always asking to be protected from their own stupidity, like rick scott.

Yes the Fed will QE during the downturn

Curiously, before Powell's remarks were dropped, both Dudley and Rosengren were on the tape this morning talking super dovish about QE as "useful to have in the toolkit for those times when the short-term interest rate tool may not be available," adding that The Fed is “quite likely” to require large-scale asset purchases again because real rates will remain low due to slow productivity and labor-force growth.
Note, lower  productivity means larger deficit when obligations are fixed.  All of our borrowed money  used to cover past interest charges so discretionary spending is dead, no stimulus possible.

The fed lowers rates and does QE in the middle of inflation because government cannot pay its bills. The QE means a meeting of the elders and TBTF bailouts result from rate collapse.  We then enter our planned recession.  Powell will do it the same as Ben.

Horsemanure

School Resource Officer Scott Peterson was suspended without pay while the Broward County Sheriff’s Office investigated his inaction during the school shooting.

Broward County Sheriff is full of crap here.

What I saw was Rick Scott and the gun runners hand AR15s to kids who attack schools, then the local sheriff get a hand gun.  Florida voters need to tax the frig out of themselves and protect their schools, or they need to vote the gun runners out of office. 

Florida voters and their gun running politicians kill their own kids.  We ain't paying for it in California.

Voters slam cowardly Trump who couldn't confront the gun runners

Trump slams 'coward' Florida deputy who 'didn't have the courage' to confront school shooter

Trump is confused. Here is the dem theme

Trump kills kids

The processor keeps a secret

The whole protocol machine rets on that one guarantee, each processor sees its own key when generating public keys, Otherwise the key is unknown.

The public keys make all the connections with myriads of  eternal notaries. Notaries will be interrupting the pipeline, getting checks based on their possession of public key.

Everything else, really, is all about precompiling to the spectre specification, and maintaining data  encrypted and safe during context switch.    If I had to pick a language for short, stable and safe protocols; I like c, it is  minimal, made to fit the spectre spec.

But it is a special environment, one attracting the best talent, the tools and set up will be there there. Then you rally get the monetary web, just attach your notaries and pits.

Thursday, February 22, 2018

It ends as a finished militia war

"Deeply Misguided" New York Times Writer Calls For Financial Firms To Block Gun Sales
"What Sorkin is suggesting is more of the same, although perhaps with worse consequences. If banks take action where policymakers do not or cannot, they are essentially putting themselves above the law. And if banks start playing that role, where does it end?"
The second amendment provides the mechanism that ends the struggle, militia wars.  We attack the NRA while the NRA attacks schools.  My side wins, in the end, my side has the more regulated militia.  

So run a centralized ledger

The Russian Ministry of Finance is not against a national cryptocurrency, provided the state does not participate in it. The creation of a centralized coin, like the cryptoruble, seems impossible, as cryptocurrencies are based on decentralized ledgers, Finance Minister Anton Siluanov told President Putin, according to Russian media.  
The finance minister confuses decentralization and sandbox.  Sandbox is free entry and exit.  Be a centralized monetary system, welcome to sandbox.

The correct answer in the central banks keep the taxable fiat monopoly and run an external shoe leather operation.

A notary consortium

A Ripple spin off is show casing their notary  protocol:
We need a worldwide financial network open to anyone, so that new organizations can join and extend financial access to unserved communities. The challenge for such a network is ensuring participants record transactions correctly. With a low barrier to entry, users won’t trust providers to police themselves. With worldwide reach, providers won’t all trust a single entity to operate the network. A compelling alternative is a decentralized system in which participants together ensure integrity by agreeing on the validity of one another’s transactions. Such agreement hinges on a mechanism for worldwide consensus. This paper presents federated Byzantine agreement (FBA), a model suitable for worldwide consensus. In FBA, each participant knows of others it considers important. It waits for the vast majority of those others to agree on any transaction before considering the transaction settled. In turn, those important participants do not agree to the transaction until the participants they consider important agree as well, and so on. Eventually, enough of the network accepts a transaction that it becomes infeasible for an attacker to roll it back. Only then do any participants consider the transaction settled. 

The pipeline control process eliminates much of the real time arranging of notary nets. The protocols specify the notary services up front.  So, if the cascading consensus is what is needed then write it into the escrow protocol.  All the new notary methods are independent of the bearer asset mechanism, no special coin needed, no special trading sites, just upload your new  protocol, escrow router  does the rest.


Bzonkerville

US May Open Path For Saudi Arabia To Acquire Nuclear Weapons

We are not debating

KURT SCHLICHTER: 7 Terrible Liberal Gun Control Arguments … And How To Beat Them.

Kurt, you stupid fuck, this is about militias, the second amendment.  In case you have misunderstood, militias are about organized war, my forces against yours.  I am going to win.

When your NRA militia is vanquished, extinguished and erased, and all your master debaters buried and out of political office, then we can have a debate, what's left of you.

I speak three or four languages

While promoting my new book, I've repeatedly argued that foreign language requirements in U.S. schools are absurd and should be abolished.  For two distinct reasons.
All of my languages english.

This is Bryan claiming we never use foreign languages.  Sorry, we use them all the time, everytime we speak. When we are unsure of a meaning, we look in a dictionary and it tell us the meaning derived from the foreign language we speak.

Imagine if we took Bryan literally, and some student looked up a derivation of a word.  The student would be lost, have no clue what Latin was, old Spanish, or Greek letters or conjugation. So, when the dictionary says a word comes from some verb conjugation, we have little idea was verb conjugation means. Conjugation in common english is very non standard and hardly taught.

The Samsung phone is a bot

“Commonwealth Bank customers will now have access to Samsung’s contactless payments platform, Samsung Pay… Today’s announcement follows CBA’s partnership with Google in November to offer Android Pay on compatible devices at almost 800,000 stores across Australia. CBA customers have also been able to make payments on the go with Fitbit and Garmin’s new payment-enabled smartwatches.” 
Ok, but Samsung pay is a protocol  used by our smartphones. 

We can extract the protocol and make it a notary call from pipeline control. Hence, Commonwealth Bank releases bearer fiat cash into sandbox.  

Bearer assets cannot be stopped. The fiaters will adopt a pipeline notary for Swift and own all of their protocol chain.  All central bankers will jump in, lead along by Ripple Labs. This is done deal by now, the impact of spectre has gone up the chain.

But wait, the bank requires biometrics when spending. OK, I transfer once, to pipeline control, but still give up my smartphone to the notary. My money is transferred to my pipeline contract. From the bank's point of view this  is like a transfer to a lawyers trust, a transfer to Sandbox pipeline Trust and Escrow, a service organization run by human notaries.

Obviously, the fiat bank want to  be its own node in pipeline control. So the bans will simply offer pipelined accounts, for the whole fee.