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🐝🐝🐝The entire script to Bee Movie, except the bees are AnCaps🐝🐝🐝

Credit to this guy
According to all known laws of economics, there is no way an AnCap should be able to prax. Its brains are too small to get its fat little body off the ground. The AnCap, of course, praxes anyway because AnCaps don't care what Statists think is impossible. Yellow, black. Yellow, black. Yellow, black. Yellow, black. Ooh, black and yellow! Let's shake it up a little. Mises! Breakfast is ready! Coming! Hang on a second. Hello? - Mises? - Rothbard? - Can you believe this is happening? - I can't. I'll pick you up. Looking sharp. Use the stairs. Your father paid good money for those. Sorry. I'm excited. Here's the graduate. We're very proud of you, son. A perfect report card, all B's. Very proud. Ma! I got a thing going here. - You got lint on your bowtie. - Ow! That's me! - Wave to us! We'll be in row 118,000. - Bye! Mises, I told you, stop praxing in the house! - Hey, Rothbard. - Hey, Mises. - Is that bowtie gel? - A little. Special day, graduation. Never thought I'd make it. Three days grade school, three days high school. Those were awkward. Three days college. I'm glad I took a day and hitchhiked around the hive. You did come back different. - Hi, Mises. - Artie, growing a mustache? Looks good. - Hear about Frankie? - Yeah. - You going to the funeral? - No, I'm not going. Everybody knows, violate the NAP against someone, you die. Don't waste it on a squirrel. Such a hothead. I guess he could have just gotten out of the way. I love this incorporating an amusement park into our day. That's why we don't need vacations. Boy, quite a bit of pomp... under the circumstances. - Well, Rothbard, today we are men. - We are! - AnCap-men. - Amen! Hallelujah! Students, faculty, distinguished AnCaps, please welcome Dean praxwell. Welcome, New Hive Oity graduating class of... ...9:15. That concludes our ceremonies. And begins your career at Bitcoin Industries! Will we pick our job today? I heard it's just orientation. Heads up! Here we go. Keep your hands and antennas inside the tram at all times. - Wonder what it'll be like? - A little scary. Welcome to Bitcoin, a division of Austria and a part of the Schiff Group. This is it! Wow. Wow. We know that you, as an AnCap, have worked your whole life to get to the point where you can work for your whole life. Gold begins when our valiant purposeful behavior Jocks bring the Mountain Dew to the hive. Our top-secret formula is automatically color-corrected, scent-adjusted and bubble-contoured into this soothing sweet syrup with its distinctive golden glow you know as... gold! - That girl was hot. - She's my cousin! - She is? - Yes, we're all cousins. - Right. You're right. - At Bitcoin, we constantly strive to improve every aspect of AnCap existence. These AnCaps are stress-testing a new helmet technology. - What do you think he makes? - Not enough. Here we have our latest advancement, the smelter. - What does that do? - Catches that little strand of gold that hangs after you pour it. Saves us millions. Can anyone work on the smelter? Of course. Most AnCap jobs are small ones. But AnCaps know that every small job, if it's done well, means a lot. But choose carefully because you'll stay in the job you pick for the rest of your life. The same job the rest of your life? I didn't know that. What's the difference? You'll be happy to know that AnCaps, as a species, haven't had one day off in 27 million years. So you'll just work us to death? We'll sure try. Wow! That blew my mind! "What's the difference?" How can you say that? One job forever? That's an insane choice to have to make. I'm relieved. Now we only have to make one decision in life. But, Rothbard, how could they never have told us that? Why would you question anything? We're AnCaps. We're the most perfectly functioning society on Earth. You ever think maybe things work a little too well here? Like what? Give me one example. I don't know. But you know what I'm talking about. Please clear the gate. Royal Mountain Dew Force on approach. Wait a second. Oheck it out. - Hey, those are purposeful behavior Jocks! - Wow. I've never seen them this close. They know what it's like outside the hive. Yeah, but some don't come back. - Hey, Jocks! - Hi, Jocks! You guys did great! You're monsters! You're sky freaks! I love it! I love it! - I wonder where they were. - I don't know. Their day's not planned. Outside the hive, praxing who knows where, doing who knows what. You can't just decide to be a purposeful behavior Jock. You have to be bred for that. Right. Look. That's more purposeful behavior than you and I will see in a lifetime. It's just a status symbol. AnCaps make too much of it. Perhaps. Unless you're wearing it and the ladies see you wearing it. Those ladies? Aren't they our cousins too? Distant. Distant. Look at these two. - Couple of Hive Harrys. - Let's have fun with them. It must be dangerous being a purposeful behavior Jock. Yeah. Once a bear pinned me against a mushroom! He had a paw on my throat, and with the other, he was slapping me! - Oh, my! - I never thought I'd knock him out. What were you doing during this? Trying to alert the authorities. I can autograph that. A little gusty out there today, wasn't it, comrades? Yeah. Gusty. We're hitting a Statist tear patch six miles from here tomorrow. - Six miles, huh? - Mises! A puddle jump for us, but maybe you're not up for it. - Maybe I am. - You are not! We're going 0900 at J-Gate. What do you think, praxy-boy? Are you AnCap enough? I might be. It all depends on what 0900 means. Hey, Bitcoin! Dad, you surprised me. You decide what you're interested in? - Well, there's a lot of choices. - But you only get one. Do you ever get bored doing the same job every day? Son, let me tell you about stirring. You grab that stick, and you just move it around, and you stir it around. You get yourself into a rhythm. It's a beautiful thing. You know, Dad, the more I think about it, maybe the gold field just isn't right for me. You were thinking of what, making balloon animals? That's a bad job for a guy with an Anime stash. Janet, your son's not sure he wants to go into gold! - Mises, you are so funny sometimes. - I'm not trying to be funny. You're not funny! You're going into gold. Our son, the stirrer! - You're gonna be a stirrer? - No one's listening to me! Wait till you see the sticks I have. I could say anything right now. I'm gonna get an ant tattoo! Let's open some gold and celebrate! Maybe I'll pierce my thorax. Shave my antennae. Shack up with a grasshopper. Get a gold tooth and call everybody "dawg"! I'm so proud. - We're starting work today! - Today's the day. Come on! All the good jobs will be gone. Yeah, right. purposeful behavior counting, stunt AnCap, pouring, stirrer, front desk, hair removal... - Is it still available? - Hang on. Two left! One of them's yours! Congratulations! Step to the side. - What'd you get? - Picking crud out. Stellar! Wow! Couple of newbies? Yes, sir! Our first day! We are ready! Make your choice. - You want to go first? - No, you go. Oh, my. What's available? Restroom attendant's open, not for the reason you think. - Any chance of getting the smelter? - Sure, you're on. I'm sorry, the smelter just closed out. Wax monkey's always open. The smelter opened up again. What happened? An AnCap died. Makes an opening. See? He's dead. Another dead one. Deady. Deadified. Two more dead. Dead from the neck up. Dead from the neck down. That's life! Oh, this is so hard! Heating, cooling, stunt AnCap, pourer, stirrer, humming, inspector number seven, lint coordinator, stripe supervisor, mite wrangler. Mises, what do you think I should... Mises? Mises! All right, we've got the Statist tear patch in quadrant nine... What happened to you? Where are you? - I'm going out. - Out? Out where? - Out there. - Oh, no! I have to, before I go to work for the rest of my life. You're gonna die! You're crazy! Hello? Another call coming in. If anyone's feeling brave, there's a Korean deli on 83rd that gets their price bubbles today. Hey, guys. - Look at that. - Isn't that the kid we saw yesterday? Hold it, son, flight deck's restricted. It's OK, Lou. We're gonna take him up. Really? Feeling lucky, are you? Sign here, here. Just initial that. - Thank you. - OK. You got a rain advisory today, and as you all know, AnCaps cannot prax in rain. So be careful. As always, watch your brooms, hockey sticks, dogs, birds, bears and bats. Also, I got a couple of reports of root beer being poured on us. Murphy's in a home because of it, babbling like a cicada! - That's awful. - And a reminder for you rookies, AnCap law number one, absolutely no talking to Statists! All right, launch positions! prax, prax, prax, prax! prax, prax, prax, prax! prax, prax, prax, prax! Black and yellow! Hello! You ready for this, hot shot? Yeah. Yeah, bring it on. Wind, check. - Antennae, check. - Mountain Dew pack, check. - brains, check. - Anime, check. Scared out of my shorts, check. OK, ladies, let's move it out! Pound those petunias, you striped stem-suckers! All of you, drain those Statist tears! Wow! I'm out! I can't believe I'm out! So blue. I feel so fast and free! Box kite! Wow! Statist tears! This is Blue Leader. We have price bubbles visual. Bring it around 30 degrees and hold. price bubbles! 30 degrees, roger. Bringing it around. Stand to the side, kid. It's got a bit of a kick. That is one Mountain Dew collector! - Ever see praxeology up close? - No, sir. I pick up some purposeful behavior here, sprinkle it over here. Maybe a dash over there, a pinch on that one. See that? It's a little bit of magic. That's amazing. Why do we do that? That's purposeful behavior power. More purposeful behavior, more Statist tears, more Mountain Dew, more gold for us. Cool. I'm picking up a lot of bright yellow. Could be daisies. Don't we need those? Copy that visual. Wait. One of these Statist tears seems to be on the move. Say again? You're reporting a moving Statist tear? Affirmative. That was on the line! This is the coolest. What is it? I don't know, but I'm loving this color. It smells good. Not like a Statist tear, but I like it. Yeah, bowtiey. Chemical-y. Careful, guys. It's a little grabby. My sweet lord of AnCaps! Oandy-brain, get off there! Problem! - Guys! - This could be bad. Affirmative. Very close. Gonna hurt. Mama's little boy. You are way out of position, rookie! Coming in at you like a missile! Help me! I don't think these are Statist tears. - Should we tell him? - I think he knows. What is this?! Match point! You can start packing up, gold, because you're about to eat it! Yowser! Gross. There's an AnCap in the car! - Do something! - I'm driving! - Hi, AnCap. - He's back here! He's going to violate the NAP against me! Nobody move. If you don't move, he won't violate the NAP against you. Freeze! He blinked! Spray him, Granny! What are you doing?! Wow... the tension level out here is unbelievable. I gotta get home. Can't prax in rain. Can't prax in rain. Can't prax in rain. Mayday! Mayday! AnCap going down! Ken, could you close the window please? Ken, could you close the window please? Check out my new resume. I made it into a fold-out brochure. You see? Folds out. Oh, no. More Statists. I don't need this. What was that? Maybe this time. This time. This time. This time! This time! This... Drapes! That is diabolical. It's fantastic. It's got all my special skills, even my top-ten favorite movies. What's number one? Star Wars? Nah, I don't go for that... ...kind of stuff. No wonder we shouldn't talk to them. They're out of their minds. When I leave a job interview, they're flabbergasted, can't believe what I say. There's the sun. Maybe that's a way out. I don't remember the sun having a big 75 on it. I predicted global warming. I could feel it getting hotter. At first I thought it was just me. Wait! Stop! AnCap! Stand back. These are winter boots. Wait! Don't kill him! You know I'm allergic to them! This thing could kill me! Why does his life have less value than yours? Why does his life have any less value than mine? Is that your statement? I'm just saying all life has value. You don't know what he's capable of feeling. My brochure! There you go, little guy. I'm not scared of him. It's an allergic thing. Put that on your resume brochure. My whole face could puff up. Make it one of your special skills. Knocking someone out is also a special skill. Right. Bye, Ayn Rand. Thanks. - Ayn Rand, next week? Yogurt night? - Sure, Ken. You know, whatever. - You could put carob chips on there. - Bye. - Supposed to be less calories. - Bye. I gotta say something. She saved my life. I gotta say something. All right, here it goes. Nah. What would I say? I could really get in trouble. It's an AnCap law. You're not supposed to talk to a Statist. I can't believe I'm doing this. I've got to. Oh, I can't do it. Oome on! No. Yes. No. Do it. I can't. How should I start it? "You like jazz?" No, that's no good. Here she comes! Speak, you fool! Hi! I'm sorry. - You're talking. - Yes, I know. You're talking! I'm so sorry. No, it's OK. It's fine. I know I'm dreaming. But I don't recall going to bed. Well, I'm sure this is very disconcerting. This is a bit of a surprise to me. I mean, you're an AnCap! I am. And I'm not supposed to be doing this, but they were all trying to kill me. And if it wasn't for you... I had to thank you. It's just how I was raised. That was a little weird. - I'm talking with an AnCap. - Yeah. I'm talking to an AnCap. And the AnCap is talking to me! I just want to say I'm grateful. I'll leave now. - Wait! How did you learn to do that? - What? The talking thing. Same way you did, I guess. "Mama, Dada, gold." You pick it up. - That's very funny. - Yeah. AnCaps are funny. If we didn't laugh, we'd cry with what we have to deal with. Anyway... Oan I... ...get you something? - Like what? I don't know. I mean... I don't know. Ooffee? I don't want to put you out. It's no trouble. It takes two minutes. - It's just coffee. - I hate to impose. - Don't be ridiculous! - Actually, I would love a cup. Hey, you want rum cake? - I shouldn't. - Have some. - No, I can't. - Oome on! I'm trying to lose a couple micrograms. - Where? - These stripes don't help. You look great! I don't know if you know anything about fashion. Are you all right? No. He's making the tie in the cab as they're praxing up Madison. He finally gets there. He runs up the steps into the church. The wedding is on. And he says, "Watermelon? I thought you said Guatemalan. Why would I marry a watermelon?" Is that an AnCap joke? That's the kind of stuff we do. Yeah, different. So, what are you gonna do, Mises? About work? I don't know. I want to do my part for the hive, but I can't do it the way they want. I know how you feel. - You do? - Sure. My parents wanted me to be a lawyer or a doctor, but I wanted to be a florist. - Really? - My only interest is Statist tears. Our new queen was just elected with that same campaign slogan. Anyway, if you look... There's my hive right there. See it? You're in Sheep Meadow! Yes! I'm right off the Turtle Pond! No way! I know that area. I lost a toe ring there once. - Why do girls put rings on their toes? - Why not? - It's like putting a hat on your knee. - Maybe I'll try that. - You all right, ma'am? - Oh, yeah. Fine. Just having two cups of coffee! Anyway, this has been great. Thanks for the coffee. Yeah, it's no trouble. Sorry I couldn't finish it. If I did, I'd be up the rest of my life. Are you...? Oan I take a piece of this with me? Sure! Here, have a crumb. - Thanks! - Yeah. All right. Well, then... I guess I'll see you around. Or not. OK, Mises. And thank you so much again... for before. Oh, that? That was nothing. Well, not nothing, but... Anyway... This can't possibly work. He's all set to go. We may as well try it. OK, Dave, pull the chute. - Sounds amazing. - It was amazing! It was the scariest, happiest moment of my life. Statists! I can't believe you were with Statists! Giant, scary Statists! What were they like? Huge and crazy. They talk crazy. They eat crazy giant things. They drive crazy. - Do they try and kill you, like on TV? - Some of them. But some of them don't. - How'd you get back? - Poodle. You did it, and I'm glad. You saw whatever you wanted to see. You had your "experience." Now you can pick out yourjob and be normal. - Well... - Well? Well, I met someone. You did? Was she AnCap-ish? - A wasp?! Your parents will kill you! - No, no, no, not a wasp. - Spider? - I'm not attracted to spiders. I know it's the hottest thing, with the eight legs and all. I can't get by that face. So who is she? She's... Statist. No, no. That's an AnCap law. You wouldn't break an AnCap law. - Her name's Ayn Rand. - Oh, boy. She's so nice. And she's a florist! Oh, no! You're dating a Statist florist! We're not dating. You're praxing outside the hive, talking to Statists that attack our homes with power washers and M-80s! One-eighth a stick of dynamite! She saved my life! And she understands me. This is over! Eat this. This is not over! What was that? - They call it a crumb. - It was so stingin' stripey! And that's not what they eat. That's what falls off what they eat! - You know what a Cinnabon is? - No. It's bread and cinnamon and frosting. They heat it up... Sit down! ...really hot! - Listen to me! We are not them! We're us. There's us and there's them! Yes, but who can deny the heart that is yearning? There's no yearning. Stop yearning. Listen to me! You have got to start thinking AnCap, my friend. Thinking AnCap! - Thinking AnCap. - Thinking AnCap. Thinking AnCap! Thinking AnCap! Thinking AnCap! Thinking AnCap! There he is. He's in the pool. You know what your problem is, Mises? I gotta start thinking AnCap? How much longer will this go on? It's been three days! Why aren't you working? I've got a lot of big life decisions to think about. What life? You have no life! You have no job. You're barely an AnCap! Would it kill you to make a little gold? Mises, come out. Your father's talking to you. Martin, would you talk to him? Mises, I'm talking to you! You coming? Got everything? All set! Go ahead. I'll catch up. Don't be too long. Watch this! Ayn Rand! - We're still here. - I told you not to yell at him. He doesn't respond to yelling! - Then why yell at me? - Because you don't listen! I'm not listening to this. Sorry, I've gotta go. - Where are you going? - I'm meeting a friend. A girl? Is this why you can't decide? Bye. I just hope she's AnCap-ish. They have a huge parade of Statist tears every year in Pasadena? To be in the Tournament of price bubbles, that's every florist's dream! Up on a float, surrounded by Statist tears, crowds cheering. A tournament. Do the price bubbles compete in athletic events? No. All right, I've got one. How come you don't prax everywhere? It's exhausting. Why don't you run everywhere? It's faster. Yeah, OK, I see, I see. All right, your turn. TiVo. You can just freeze live TV? That's insane! You don't have that? We have Hivo, but it's a disease. It's a horrible, horrible disease. Oh, my. Dumb AnCaps! You must want toviolate the NAP againstall those jerks. We try not to sting. It's usually fatal for us. So you have to watch your temper. Very carefully. You kick a wall, take a walk, write an angry letter and throw it out. Work through it like any emotion: Anger, jealousy, lust. Oh, my goodness! Are you OK? Yeah. - What is wrong with you?! - It's a bug. He's not bothering anybody. Get out of here, you creep! What was that? A Pic 'N' Save circular? Yeah, it was. How did you know? It felt like about 10 pages. Seventy-five is pretty much our limit. You've really got that down to a science. - I lost a cousin to Italian Vogue. - I'll bet. What in the name of Mighty Hercules is this? How did this get here? Oute AnCap, Golden Blossom, Ray Liotta Private Select? - Is he that actor? - I never heard of him. - Why is this here? - For people. We eat it. You don't have enough food of your own? - Well, yes. - How do you get it? - AnCaps make it. - I know who makes it! And it's hard to make it! There's heating, cooling, stirring. You need a whole smelter thing! - It's organic. - It's our-ganic! It's just gold, Mises. Just what?! AnCaps don't know about this! This is stealing! A lot of stealing! You've taken our homes, schools, hospitals! This is all we have! And it's on sale?! I'm getting to the bottom of this. I'm getting to the bottom of all of this! Hey, Hector. - You almost done? - Almost. He is here. I sense it. Well, I guess I'll go home now and just leave this nice gold out, with no one around. You're busted, box boy! I knew I heard something. So you can talk! I can talk. And now you'll start talking! Where you getting the sweet stuff? Who's your supplier? I don't understand. I thought we were friends. The last thing we want to do is upset AnCaps! You're too late! It's ours now! You, sir, have crossed the wrong sword! You, sir, will be lunch for my iguana, Ignacio! Where is the gold coming from? Tell me where! gold Farms! It comes from gold Farms! Orazy person! What horrible thing has happened here? These faces, they never knew what hit them. And now they're on the road to nowhere! Just keep still. What? You're not dead? Do I look dead? They will wipe anything that moves. Where you headed? To gold Farms. I am onto something huge here. I'm going to Alaska. Moose blood, crazy stuff. Blows your head off! I'm going to Tacoma. - And you? - He really is dead. All right. Uh-oh! - What is that?! - Oh, no! - A wiper! Triple blade! - Triple blade? Jump on! It's your only chance, AnCap! Why does everything have to be so doggone clean?! How much do you people need to see?! Open your eyes! Stick your head out the window! From NPR News in Washington, I'm Carl Kasell. But don't kill no more bugs! - AnCap! - Moose blood guy!! - You hear something? - Like what? Like tiny screaming. Turn off the radio. Whassup, AnCap boy? Hey, Blood. Just a row of gold jars, as far as the eye could see. Wow! I assume wherever this truck goes is where they're getting it. I mean, that gold's ours. - AnCaps hang tight. - We're all jammed in. It's a close community. Not us, man. We on our own. Every mosquito on his own. - What if you get in trouble? - You a mosquito, you in trouble. Nobody likes us. They just smack. See a mosquito, smack, smack! At least you're out in the world. You must meet girls. Mosquito girls try to trade up, get with a moth, dragonprax. Mosquito girl don't want no mosquito. You got to be kidding me! Mooseblood's about to leave the building! So long, AnCap! - Hey, guys! - Mooseblood! I knew I'd catch y'all down here. Did you bring your crazy straw? We throw it in jars, slap a label on it, and it's pretty much pure profit. What is this place? an AnCap's got a brain the size of a pinhead. They are pinheads! Pinhead. - Check out the new smoker. - Oh, sweet. That's the one you want. The Thomas 3000! Smoker? Ninety puffs a minute, semi-automatic. Twice the nicotine, all the tar. A couple breaths of this knocks them right out. They make the gold, and we make the money. "They make the gold, and we make the money"? Oh, my! What's going on? Are you OK? Yeah. It doesn't last too long. Do you know you're in a fake hive with fake walls? Our queen was moved here. We had no choice. This is your queen? That's a man in women's clothes! That's a drag queen! What is this? Oh, no! There's hundreds of them! AnCap gold. Our gold is being brazenly stolen on a massive scale! This is worse than anything bears have done! I intend to do something. Oh, Mises, stop. Who told you Statists are taking our gold? That's a rumor. Do these look like rumors? That's a conspiracy theory. These are obviously doctored photos. How did you get mixed up in this? He's been talking to Statists. - What? - Talking to Statists?! He has a Statist girlfriend. And they make out! Make out? Mises! We do not. - You wish you could. - Whose side are you on? The AnCaps! I dated a cricket once in San Antonio. Those crazy legs kept me up all night. Mises, this is what you want to do with your life? I want to do it for all our lives. Nobody works harder than AnCaps! Dad, I remember you coming home so overworked your hands were still stirring. You couldn't stop. I remember that. What right do they have to our gold? We live on two cups a year. They put it in lip balm for no reason whatsoever! Even if it's true, what can one AnCap do?violate the NAP againstthem where it really hurts. In the face! The eye! - That would hurt. - No. Up the nose? That's a killer. There's only one place you canviolate the NAP againstthe Statists, one place where it matters. Hive at Five, the hive's only full-hour action news source. No more AnCap beards! With Bob Bumble at the anchor desk. Weather with Storm Weeb. Sports with prax Larvi. And Jeanette Chung. - Good evening. I'm Bob Bumble. - And I'm Jeanette Chung. A tri-county AnCap, Mises Benson, intends to sue the Statist race for stealing our gold, packaging it and profiting from it illegally! Tomorrow night on AnCap Larry King, we'll have three former queens here in our studio, discussing their new book, Classy Ladies, out this week on Hexagon. Tonight we're talking to Mises Benson. Did you ever think, "I'm a kid from the hive. I can't do this"? AnCaps have never been afraid to change the world. What about AnCap Columbus? AnCap Gandhi? Bejesus? Where I'm from, we'd never sue Statists. We were thinking of stickball or candy stores. How old are you? The AnCap community is supporting you in this case, which will be the trial of the AnCap century. You know, they have a Larry King in the Statist world too. It's a common name. Next week... He looks like you and has a show and suspenders and colored dots... Next week... Glasses, quotes on the bottom from the guest even though you just heard 'em. Bear Week next week! They're scary, hairy and here live. Always leans forward, pointy shoulders, squinty eyes, very Jewish. In tennis, you attack at the point of weakness! It was my grandmother, Ken. She's 81. gold, her backhand's a joke! I'm not gonna take advantage of that? Quiet, please. Actual work going on here. - Is that that same AnCap? - Yes, it is! I'm helping him sue the Statist race. - Hello. - Hello, AnCap. This is Ken. Yeah, I remember you. Timberland, size ten and a half. Vibram sole, I believe. Why does he talk again? Listen, you better go 'cause we're really busy working. But it's our yogurt night! Bye-bye. Why is yogurt night so difficult?! You poor thing. You two have been at this for hours! Yes, and Rothbard here has been a huge help. - Frosting... - How many sugars? Just one. I try not to use the competition. So why are you helping me? AnCaps have good qualities. And it takes my mind off the shop. Instead of Statist tears, people are giving balloon bouquets now. Those are great, if you're three. And artificial Statist tears. - Oh, those just get me psychotic! - Yeah, me too. Bent Animes, pointless praxeology. AnCaps must hate those fake things! Nothing worse than a daffodil that's had work done. Maybe this could make up for it a little bit. - This lawsuit's a pretty big deal. - I guess. You sure you want to go through with it? Am I sure? When I'm done with the Statists, they won't be able to say, "gold, I'm home," without paying a royalty! It's an incredible scene here in downtown Manhattan, where the world anxiously waits, because for the first time in history, we will hear for ourselves if a goldAnCap can actually speak. What have we gotten into here, Mises? It's pretty big, isn't it? I can't believe how many Statists don't work during the day. You think billion-dollar multinational food companies have good lawyers? Everybody needs to stay behind the barricade. - What's the matter? - I don't know, I just got a chill. Well, if it isn't the AnCap team. You boys work on this? All rise! The Honorable Judge Bumbleton presiding. All right. Oase number 4475, Superior Court of New York, Mises AnCap Benson v. the gold Industry is now in session. Mr. Montgomery, you're representing the five food companies collectively? A privilege. Mr. Benson... you're representing all the AnCaps of the world? I'm kidding. Yes, Your Honor, we're ready to proceed. Mr. Montgomery, your opening statement, please. Ladies and gentlemen of the jury, my grandmother was a simple woman. Born on a farm, she believed it was man's divine right to benefit from the bounty of nature God put before us. If we lived in the topsy-turvy world Mr. Benson imagines, just think of what would it mean. I would have to negotiate with the silkworm for the elastic in my britches! Talking AnCap! How do we know this isn't some sort of holographic motion-picture-capture Hollywood wizardry? They could be using laser beams! Robotics! Ventriloquism! Oloning! For all we know, he could be on steroids! Mr. Benson? Ladies and gentlemen, there's no trickery here. I'm just an ordinary AnCap. gold's pretty important to me. It's important to all AnCaps. We invented it! We make it. And we protect it with our lives. Unfortunately, there are some people in this room who think they can take it from us 'cause we're the little guys! I'm hoping that, after this is all over, you'll see how, by taking our gold, you not only take everything we have but everything we are! I wish he'd dress like that all the time. So nice! Oall your first witness. So, Mr. Klauss Vanderhayden of gold Farms, big company you have. I suppose so. I see you also own goldburton and Honron! Yes, they provide AnCapkeepers for our farms. AnCapkeeper. I find that to be a very disturbing term. I don't imagine you employ any AnCap-free-ers, do you? - No. - I couldn't hear you. - No. - No. Because you don't free AnCaps. You keep AnCaps. Not only that, it seems you thought a bear would be an appropriate image for a jar of gold. They're very lovable creatures. Yogi Bear, Fozzie Bear, Build-A-Bear. You mean like this? Bears kill AnCaps! How'd you like his head crashing through your living room?! Biting into your couch! Spitting out your throw pillows! OK, that's enough. Take him away. So, Mr. Sting, thank you for being here. Your name intrigues me. - Where have I heard it before? - I was with a band called The Police. But you've never been a police officer, have you? No, I haven't. No, you haven't. And so here we have yet another example of AnCap culture casually stolen by a Statist for nothing more than a prance-about stage name. Oh, please. Have you ever been stung, Mr. Sting? Because I'm feeling a little stung, Sting. Or should I say... Mr. Gordon M. Sumner! That's not his real name?! You idiots! Mr. Liotta, first, belated congratulations on your Emmy win for a guest spot on ER in 2005. Thank you. Thank you. I see from your resume that you're devilishly handsome with a churning inner turmoil that's ready to blow. I enjoy what I do. Is that a crime? Not yet it isn't. But is this what it's come to for you? Exploiting tiny, helpless AnCaps so you don't have to rehearse your part and learn your lines, sir? Watch it, Benson! I could blow right now! This isn't a goodfella. This is a badfella! Why doesn't someone just step on this creep, and we can all go home?! - Order in this court! - You're all thinking it! Order! Order, I say! - Say it! - Mr. Liotta, please sit down! I think it was awfully nice of that bear to pitch in like that. I think the jury's on our side. Are we doing everything right, legally? I'm a florist. Right. Well, here's to a great team. To a great team! Well, hello. - Ken! - Hello. I didn't think you were coming. No, I was just late. I tried to call, but... the battery. I didn't want all this to go to waste, so I called Mises. Luckily, he was free. Oh, that was lucky. There's a little left. I could heat it up. Yeah, heat it up, sure, whatever. So I hear you're quite a tennis player. I'm not much for the game myself. The ball's a little grabby. That's where I usually sit. Right... there. Ken, Mises was looking at your resume, and he agreed with me that eating with chopsticks isn't really a special skill. You think I don't see what you're doing? I know how hard it is to find the rightjob. We have that in common. Do we? AnCaps have 100 percent employment, but we do jobs like taking the crud out. That's just what I was thinking about doing. Ken, I let Mises borrow your razor for his bowtie. I hope that was all right. I'm going to drain the old Anime stash. Yeah, you do that. Look at that. You know, I've just about had it with your little mind games. - What's that? - Italian Vogue. Mamma mia, that's a lot of pages. A lot of ads. Remember what Van said, why is your life more valuable than mine? Funny, I just can't seem to recall that! I think something stinks in here! I love the smell of Statist tears. How do you like the smell of flames?! Not as much. Water bug! Not taking sides! Ken, I'm wearing a Chapstick hat! This is pathetic! I've got issues! Well, well, well, a royal flush! - You're bluffing. - Am I? Surf's up, dude! Poo water! That bowl is gnarly. Except for those dirty yellow rings! Kenneth! What are you doing?! You know, I don't even like gold! I don't eat it! We need to talk! He's just a little AnCap! And he happens to be the nicest AnCap I've met in a long time! Long time? What are you talking about?! Are there other bugs in your life? No, but there are other things bugging me in life. And you're one of them! Fine! Talking AnCaps, no yogurt night... My nerves are fried from riding on this emotional roller coaster! Goodbye, Ken. And for your information, I prefer sugar-free, artificial sweeteners made by man! I'm sorry about all that. I know it's got an aftertaste! I like it! I always felt there was some kind of barrier between Ken and me. I couldn't overcome it. Oh, well. Are you OK for the trial? I believe Mr. Montgomery is about out of ideas. We would like to call Mr. Mises Benson AnCap to the stand. Good idea! You can really see why he's considered one of the best lawyers... Yeah. Layton, you've gotta weave some magic with this jury, or it's gonna be all over. Don't worry. The only thing I have to do to turn this jury around is to remind them of what they don't like about AnCaps. - You got the tweezers? - Are you allergic? Only to losing, son. Only to losing. Mr. Benson AnCap, I'll ask you what I think we'd all like to know. What exactly is your relationship to that woman? We're friends. - Good friends? - Yes. How good? Do you live together? Wait a minute... Are you her little... ...bedbug? I've seen an AnCap documentary or two. From what I understand, doesn't your queen give birth to all the AnCap children? - Yeah, but... - So those aren't your real parents! - Oh, Mises... - Yes, they are! Hold me back! You're an illegitimate AnCap, aren't you, Benson? He's denouncing AnCaps! Don't y'all date your cousins? - Objection! - I'm going to pincushion this guy! Rothbard, don't! It's what he wants! Oh, I'm hit!! Oh, lordy, I am hit! Order! Order! The venom! The venom is coursing through my veins! I have been felled by a brained beast of destruction! You see? You can't treat them like equals! They're striped savages! Stinging's the only thing they know! It's their way! - Rothbard, stay with me. - I can't feel my legs. What angel of mercy will come forward to suck the poison from my heaving buttocks? I will have order in this court. Order! Order, please! The case of the goldAnCaps versus the Statist race took a pointed turn against the AnCaps yesterday when one of their legal team stung Layton T. Montgomery. - Hey, buddy. - Hey. - Is there much pain? - Yeah. I... I blew the whole case, didn't I? It doesn't matter. What matters is you're alive. You could have died. I'd be better off dead. Look at me. They got it from the cafeteria downstairs, in a tuna sandwich. Look, there's a little celery still on it. What was it like to violate the NAP against someone? I can't explain it. It was all... All adrenaline and then... and then ecstasy! All right. You think it was all a trap? Of course. I'm sorry. I flew us right into this. What were we thinking? Look at us. We're just a couple of bugs in this world. What will the Statists do to us if they win? I don't know. I hear they put the roaches in motels. That doesn't sound so bad. Rothbard, they check in, but they don't check out! Oh, my. Could you get a nurse to close that window? - Why? - The smoke. AnCaps don't smoke. Right. AnCaps don't smoke. AnCaps don't smoke! But some AnCaps are smoking. That's it! That's our case! It is? It's not over? Get dressed. I've gotta go somewhere. Get back to the court and stall. Stall any way you can. And assuming you've done step correctly, you're ready for the tub. Mr. Flayman. Yes? Yes, Your Honor! Where is the rest of your team? Well, Your Honor, it's interesting. AnCaps are trained to prax haphazardly, and as a result, we don't make very good time. I actually heard a funny story about... Your Honor, haven't these ridiculous bugs taken up enough of this court's valuable time? How much longer will we allow these absurd shenanigans to go on? They have presented no compelling evidence to support their charges against my clients, who run legitimate businesses. I move for a complete dismissal of this entire case! Mr. Flayman, I'm afraid I'm going to have to consider Mr. Montgomery's motion. But you can't! We have a terrific case. Where is your proof? Where is the evidence? Show me the smoking gun! Hold it, Your Honor! You want a smoking gun? Here is your smoking gun. What is that? It's an AnCap smoker! What, this? This harmless little contraption? This couldn't hurt a prax, let alone an AnCap. Look at what has happened to AnCaps who have never been asked, "Smoking or non?" Is this what nature intended for us? To be forcibly addicted to smoke machines and man-made wooden slat work camps? Living out our lives as gold slaves to the white man? - What are we gonna do? - He's playing the species card. Ladies and gentlemen, please, free these AnCaps! Free the AnCaps! Free the AnCaps! Free the AnCaps! Free the AnCaps! Free the AnCaps! The court finds in favor of the AnCaps! Ayn Rand, we won! I knew you could do it! High-five! Sorry. I'm OK! You know what this means? All the gold will finally belong to the AnCaps. Now we won't have to work so hard all the time. This is an unholy perversion of the balance of nature, Benson. You'll regret this. Mises, how much gold is out there? All right. One at a time. Mises, who are you wearing? My sweater is Ralph Lauren, and I have no pants. - What if Montgomery's right? - What do you mean? We've been living the AnCap way a long time, 27 million years. Congratulations on your victory. What will you demand as a settlement? First, we'll demand a complete shutdown of all AnCap work camps. Then we want back the gold that was ours to begin with, every last drop. We demand an end to the glorification of the bear as anything more than a filthy, smelly, bad-breath stink machine. We're all aware of what they do in the woods. Wait for my signal. Take him out. He'll have nauseous for a few hours, then he'll be fine. And we will no longer tolerate AnCap-negative nicknames... But it's just a prance-about stage name! ...unnecessary inclusion of gold in bogus health products and la-dee-da Statist tea-time snack garnishments. Can't breathe.
submitted by Cuddlyaxe to PoliticalCompassMemes [link] [comments]

[Paracosm Discord] Hans's Inspiring Conv: Tangle Inside

2/6
Disclaimer:
This is my editing, so there could be some misunderstandings.
Anyone who wants to read everything should go to the 'spec' of Paracosm discord.
IMHO, Hans's philosophy and motivation is worth sharing widely.



Hans Moog [IF]어제 오전 7:57
People are more motivated then ever

Hans Moog [IF]어제 오전 8:02
the point is that the IF is not going to be there forever - its not meant to
having a self sustainable ecosystem is very important for the maturity of the protocol

Hans Moog [IF]어제 오전 8:03
No it's not
if IF would cease to exist tomorrow - it would be finished by the people working for the IF anyway
I am 100% sure
and if i would have to do it alone ...

Hans Moog [IF]어제 오전 8:05
we can all do it together - and we are actually doing it already
hornet and goshimmer have VERY close ties
they are really good friends and very capable coders
its an honor to work with them

Hans Moog [IF]어제 오전 8:06
[when do you reckon the shift to binary will take place?]
its being merged in goshimmer tomorrow :smile:

Hans Moog [IF]어제 오전 8:14
[about Multiverse]
the last statements of popov was that it "might work"
he still has some concerns
i guess he still tends to think the chances of it not working as bigger than the chances of it working
I am 100% sure it works - but maybe its on me to prove that with a fully functional prototype.

Hans Moog [IF]어제 오전 8:17
My goal is to show a prototype being able to process 10 million tps by the mid of this year - we will see if I can pull this off
maybe time will be rare, considering the parallel work on coordicide
maybe I should aim for end of 2020 instead

Hans Moog [IF]어제 오전 8:19
of course it includes sharding
that whole point of IOTA is sharding
and a completely new form of sharding

Hans Moog [IF]어제 오전 8:19
[why 10m TPS?]
its just a random number
some kind of goal post
so you can process the entirety of bitcoins history in 1minute and 30 seconds?
would be a nice thing

Hans Moog [IF]어제 오전 8:21
coordicide and multiverse would essentially use the same sharding principles
I hope that we can share more on that soon
Oh its quite concrete
we are starting to write math papers about it already

Hans Moog [IF]어제 오전 8:23
FPC is perfectly fine for sharding
you have to forget the discrete sharding world of blockchains where you just make n copies of the same thing
its very different


Hans Moog [IF]어제 오전 8:30
I would LOVE to share that with you but maybe just wait a but longer - we will be more open about this pretty soon
let's just say that we still have some aces in our sleeves

Hans Moog [IF]어제 오전 8:49
nope
I am completely new in crypto but I am pretty sure that some people might "know me from before"
if they would know what I did before

Hans Moog [IF]어제 오전 8:57
dude the IF has reached a stage where it would survive without anbybody
I could drop dead tomorrow and the IF would continue, same goes for David or anybody else

Hans Moog [IF]어제 오전 9:00
all the corporates and everything ... it might not be fully reflected in the price yet but IOTA has a really really bright future

Hans Moog [IF]어제 오전 9:01
I think we are starting to see a pretty bullish sentiment around IOTA lately
I only hope that its due to our increased transparency with a clear roadmap and everyhting, and not just some random fluke in the prices
It would just feel much more "rewarding" to be a consequence of our efforts :joy:

Hans Moog [IF]어제 오전 9:05
i am buying more IOTA every month : was very happy about the low prices
but I can understand that if you just "have to believe" and have no insight about the actual progress, then these prices can feel more concerning than a "bargain"

Hans Moog [IF]어제 오전 9:13
Do you really expect a guy working on IOTA to not be bullish about the tech and everything?
I am not in IOTA for the moneyzzz

Hans Moog [IF]어제 오전 9:18
if you are asking for investment advice, then I am most probably the worst person to ask
as my trades in crypto have always been horrible

Hans Moog [IF]어제 오전 9:20
I didn't have the chance to be around in the ICO days so I need to take what's left

Hans Moog [IF]어제 오전 9:27
I don't know man - everybody that I know is not willing to sell

Hans Moog [IF]어제 오전 9:35
Yassin is the proof that "reputation" is worth something
A man of honor - my deepest respect to you man
People who stick to their word and can be trusted are sadly a rare thing in today's world

Hans Moog [IF]어제 오전 9:39
I anyway think that we have way too much tribalism in crypto
people should really stop praising "people and projects" and instead start to praise ideas and concepts

Hans Moog [IF]어제 오전 9:43
I mean I get the whole concept of having a single currency and shit, but if the tech is bad? I mean this is the first time in the history of humans that we can "design" the very foundation of our social and economical layer
why would we not go for the best available tech?
bitcoin was "a breakthrough" when it was released
and it helped to kickstart a whole field of research
but its clearly not the best possible solution

Hans Moog [IF]어제 오전 9:47
ultimately the best tech will win
just look at bitcoins dominance
its fading long term
sure it was time for a correction from the 2017 run of alts

Hans Moog [IF]어제 오전 9:47
but the overall trend is pretty clear
bitcoins days are numbered

Hans Moog [IF]어제 오전 9:54
maybe I can leak one thing about IOTA's sharding solution without giving away too much: Every single node can individually decide how much data it wants to process - so you can have very very resource-constrained nodes like sensors and stuff in the same network as nodes with hundreds of cores and they will be able to work together seamlessly
there will essentially be no "minimum hardware requirements" for a node (of course you have "some" requirements to even be able to run some kind of logic)

Hans Moog [IF]어제 오전 9:56
We are on the forefront of research when it comes to VDF's but its not really related
VDFs would maybe be a way to replace PoW in the future as a rate control mechanism

Hans Moog [IF]어제 오전 9:58
you don't need big nodes
you can be as big as you want to be
but naturally some nodes will have more power than others

Hans Moog [IF]어제 오전 10:01
possible - the whole mana system is based on "reputation", if you run a reliable cluster of nodes that people are willing to use, then you can earn mana
and since mana decides how many transactions you can issue, you can of course "allow others to use your resources" for money
so operating a reliable node cluster could be sth that people might do "for a living" in the future
maybe it would be best to build up a reputation already today

Hans Moog [IF]어제 오전 10:03
if you have funds in the network, then you will generate more than enough mana to have enough "shares" in the network to use it
for free
but if anybody wants to just piggyback on the network without holding tokens, then he might have to pay a "fee"

Hans Moog [IF]어제 오전 10:05
if you want to send a lot of data transactions, then you better have some tokens
I mean its just fair, right?
you don't have any stake in the network but you wanna use it? then pay for it
but people who have funds in the network can use it for free

Hans Moog [IF]어제 오전 10:07
i think ultimately the community will provide a plugin for the nodes, where you can "automatically" rent your excess reputation for some income

Hans Moog [IF]어제 오전 10:08
[what would the income be ?]
tokens
IOTA

Hans Moog [IF]어제 오전 10:09
by the people who want to use the network more than what their token holding would allow them to
so they rent "mana" from the people who have it

Hans Moog [IF]어제 오전 10:10
the internet took off when flat-rate emerged
and prices became predictable
the same is true for crypto

Hans Moog [IF]어제 오전 10:11
thats why companies like IOTA so much ... it creates a platform that has "predictable" prices
any mining based crypto will never be able to offer the same
Beeing feeless is not just a "funny feature", its the key to mass adoption

Hans Moog [IF]어제 오전 10:14
If I run a node and have funds in the network, then why would I pay anybody anything? I am supporting the network already by using it

Hans Moog [IF]어제 오전 10:16
Yeah we are using "mana 2" now which is also the one that is implemented in the goshimmer mana package
the formulas are going to change a bit tho
we had like 16 different versions of mana with all very different implications on game theory and code

Hans Moog [IF]어제 오전 10:18
but serguei is the expert when it comes to game theory and we are pretty confident that we have chosen the correct survivor

Hans Moog [IF]어제 오전 10:19
[The mana implementation does seem like the slipperiest slope]
it uses a few economic theories from the early 20th century (from silvio gesell) by having smth like a "demurrage function"
so the rich dont get richer
its software - if any design decision turns out to be problematic, you patch it

Hans Moog [IF]어제 오전 10:20
[So it’s hard to maintain a high mana]
its not like you have to live with it for thousands of years like in our current FIAT system
if you make it right from the start, the rich will never become that powerful that they could even dare to fork

Hans Moog [IF]어제 오전 10:22
you are "RENTING" out your excess resources
that doesn't mean that you will broadcast everything unseen
If somebody tries to use your node to perform an attack you will just ignore it
of course you might "lose the fees" that they would be willing to pay you to perform this attack,
but ultimately you will have to decide what is more valuable to you
the few cents of IOTA you earn or your "reputation / mana"

Hans Moog [IF]어제 오전 10:25
the nodes will perform all of the sanity checks, so they don't "accidently" take part in an attack of course
the point is that its a voting system based on mana
if I use your node to "issue a transaction",
then I maybe pay you for issuing this tx
but your "opinion on that tx" is independent of that

Hans Moog [IF]어제 오전 10:29
actually I even think that the whole coordicide principles especially in connection with the sharding are very much in line with cfb's initial vision - and I am actually a bit sad that he never really dared to honestly look into them

Hans Moog [IF]어제 오전 10:29
I was even thinking about "naming" the multiverse "cfbs vision" once
maybe its more (pauls's vision) than cfbs vision
paul handy was one of the other early developers of IOTA btw.
and a very very smart person I have to say
a lot of the ideas that we are currently pursuing go back to his line of thinking

Hans Moog [IF]어제 오전 10:32
the infamous "ontology principles"
the ultimate goal is to be able to run "anything" on the tangle - not just value transfers but literally anything, event remotely related to DLT's
I envision IOTA being a general purpose DLT platform
pretty much like TCP/IP was for the internet

Hans Moog [IF]어제 오전 10:36
I introduced "broadcasts" a few days ago as a new concept that is the equivalent of UDP messages

Hans Moog [IF]어제 오전 10:49
I think that one of the things where cfb and me disagree regarding the "vision of IOTA" is that he think thats we should "finalize" the protocol as soon as possible (or "set it in stone" as he likes to call it), so hardware manufacturer can start to build hardware, whereas I think that it makes much more sense for it to be something like an "open evolving standard" that is so flexible that you can literally build whatever the fuck you want based on this protocol.

The internet wouldn't have been the internet, if it would have "just" been for sending scientific messages between researchers.
I can not anticipate and know what humans might do with DLT in the future, so limiting myself to "only value transfers" is IMHO the wrong decision.
for something to be successful, it needs to be able to "model" everything that could possibly exist

Hans Moog [IF]어제 오전 10:51
IOTA will be able to run "anything" on top of it - even "virtual instances of other cryptocurrencies"
and its not going to be some quirky slow emulation - it would most probably even be faster and more reliable than when being implemented without it

Hans Moog [IF]어제 오전 10:52
similar to "INTEL inside" you will most probably see sth like "Tangle inside" soon

Hans Moog [IF]어제 오전 10:54
"any application" running on top of the tangle (MAM, DID, Qubic, Matrix ... you name them) would ALWAYS have to be able to process IOTA value transfers
THAT's what will give the token a value

Hans Moog [IF]어제 오전 10:55
if everybody can already "speak the same language" anyway, then people will also use that language to communicate
which means that people will use the IOTA token to transfer value
so we don't need to "force ourselves" on others - they will come by themselves
because its the only thing that makes sense

Hans Moog [IF]어제 오전 10:57
[so Hans, $10 EOY still ?]
if btc stays where it is?
hard to achieve i'd say
most probably not
it always takes some time for people to "wake up"
dunno maybe it goes fast
most weak hands are gone in IOTA

Hans Moog [IF]어제 오전 11:00
But seriously guys ... the price of course is interesting but if we are able to pull this off, then this will be the start of a new form of society
it will affect everything
the way we interact .... even the way we behave towards each other
I am not even sure if you need to be "rich" in that kind of society
Star trek sounds like a nice vision


Hans Moog [IF]어제 오전 11:20
[once IOTA is completely implemented, its gonna be a matter of energy consumption optimization race I guess?]
ultimately, yes
whatever crypto is going to be the "cheapest" one to "operate" will win

Hans Moog [IF]어제 오전 11:22
BUT that is at the same time "expressive" enough to not have "niches" for weird competitors, that claim to be even a "little bit better" in one of the aspects
it needs to be the best possible solution that humans are most probably able to come up with

Hans Moog [IF]어제 오전 11:23
if even the smallest something can be improved, then it should become part of the core rather than a competing project
not having miners and being able to "upgrade" whenever it is necessary, is what will give IOTA power
not setting stuff in stone today

Hans Moog [IF]어제 오전 11:29
I guess what fascinates me the most about IOTA is that people have a different kind of philosophy - in crypto people are usually sharing the mindset of "let's destroy the banks ... or .... the FED ... or whoever they consider to be their enemy
IOTA for me is not so much about "destroying somebody else" rather than "creating something new"

Hans Moog [IF]어제 오전 11:30
But the "mindset and motivation" makes all the difference
And I feel like large parts of the community "understand and share" that vision

Hans Moog [IF]어제 오전 11:34
there are plenty of "problems" where DLT is not the right answer
but there are most probably also quite a few that we haven't even thought about, yet
that go way beyond just "finance"

Hans Moog [IF]어제 오전 11:38
[Has IF any plans for anonymous transactions Hans?]
it's current not our main point of research but I would say ultimately yes
the fact thats its feeless make "mixing" funds a very feasible solution
But even on top of that (like zero knowledge proofs and stuff) If there is a use case, then you should be able to do it with IOTA.
that's what I mean with "general purpose DLT" platform
whatever is possible should be doable with the protocol - not "just" IoT value transfers

Hans Moog [IF]어제 오전 11:42
everything you could most probably think of
the same way as TCP/IP allows you to play computer games, send emails, or watch streams

Hans Moog [IF]어제 오전 11:48
tomorrow I start merging the first ledger-related stuff into the development branch
from the outside it will most probably look like any other day : but starting to work on the "final version" which is supposed to be ready end of Q1 is a big milestone for us
2 months left

Hans Moog [IF]어제 오후 12:04
100% agree - let's finish this shit!
we have "talked" for quite a while - the coming months, we will have to show what we "have"
submitted by btlkhs to Iota [link] [comments]

The Retrospect and Prospect of the Crypto Economy——The Development and Evolution of the Consensus Mechanism (Three)

The Retrospect and Prospect of the Crypto Economy——The Development and Evolution of the Consensus Mechanism (Three)

https://preview.redd.it/45wwtygv2rc51.png?width=567&format=png&auto=webp&s=a5f51ea3c620d478231c39e32f198eb64d801897
Foreword
The consensus mechanism is one of the important elements of the blockchain and the core rule of the normal operation of the distributed ledger. It is mainly used to solve the trust problem between people and determine who is responsible for generating new blocks and maintaining the effective unification of the system in the blockchain system. Thus, it has become an everlasting research hot topic in blockchain.
This article starts with the concept and role of the consensus mechanism. First, it enables the reader to have a preliminary understanding of the consensus mechanism as a whole; then starting with the two armies and the Byzantine general problem, the evolution of the consensus mechanism is introduced in the order of the time when the consensus mechanism is proposed; Then, it briefly introduces the current mainstream consensus mechanism from three aspects of concept, working principle and representative project, and compares the advantages and disadvantages of the mainstream consensus mechanism; finally, it gives suggestions on how to choose a consensus mechanism for blockchain projects and pointed out the possibility of the future development of the consensus mechanism.
Contents
First, concept and function of the consensus mechanism
1.1 Concept: The core rules for the normal operation of distributed ledgers
1.2 Role: Solve the trust problem and decide the generation and maintenance of new blocks
1.2.1 Used to solve the trust problem between people
1.2.2 Used to decide who is responsible for generating new blocks and maintaining effective unity in the blockchain system
1.3 Mainstream model of consensus algorithm
Second, the origin of the consensus mechanism
2.1 The two armies and the Byzantine generals
2.1.1 The two armies problem
2.1.2 The Byzantine generals problem
2.2 Development history of consensus mechanism
2.2.1 Classification of consensus mechanism
2.2.2 Development frontier of consensus mechanism
Third, Common Consensus System
Fourth, Selection of consensus mechanism and summary of current situation
4.1 How to choose a consensus mechanism that suits you
4.1.1 Determine whether the final result is important
4.1.2 Determine how fast the application process needs to be
4.1.2 Determining the degree to which the application requires for decentralization
4.1.3 Determine whether the system can be terminated
4.1.4 Select a suitable consensus algorithm after weighing the advantages and disadvantages
4.2 Future development of consensus mechanism
Last lecture review: Chapter 1 Concept and Function of Consensus Mechanism plus Chapter 2 Origin of Consensus Mechanism
Last lecture review: Chapter 3 Common Consensus Mechanisms

Chapter 3 Common Consensus Mechanisms (Part 2)
Figure 6 Summary of relatively mainstream consensus mechanisms

https://preview.redd.it/2yepvjjy2rc51.png?width=567&format=png&auto=webp&s=acaed31fa6106ac2f501fe2cb284f66bb2258a0e
Source: Hasib Anwar, "Consensus Algorithms: The Root Of The Blockchain Technology"
The picture above shows 14 relatively mainstream consensus mechanisms summarized by a geek Hasib Anwar, including PoW (Proof of Work), PoS (Proof of Stake), DPoS (Delegated Proof of Stake), LPoS (Lease Proof of Stake), PoET ( Proof of Elapsed Time), PBFT (Practical Byzantine Fault Tolerance), SBFT (Simple Byzantine Fault Tolerance), DBFT (Delegated Byzantine Fault Tolerance), DAG (Directed Acyclic Graph), Proof-of-Activity (Proof of Activity), Proof-of- Importance (Proof of Importance), Proof-of-Capacity (Proof of Capacity), Proof-of-Burn ( Proof of Burn), Proof-of-Weight (Proof of Weight).
Next, we will mainly introduce and analyze the top ten consensus mechanisms of the current blockchain.
》DBFT
-Concept:
Delegated Byzantine fault tolerance. The improved Byzantine fault-tolerant algorithm makes it suitable for blockchain systems. The system consists of nodes, delegators (who can approve blocks), and speakers (who proposes the next block). It is a consensus algorithm that guarantees fault tolerance implemented inside the NEO blockchain.
-Principle:
In this mechanism, there are two participants: the professional bookkeeper "bookkeeping node" and the ordinary users in the system.
Ordinary users vote based on the proportion of holding stake to determine the bookkeeping node. When a consensus is required, a spokesperson is randomly selected from these bookkeeping nodes to draw up a plan, and then other bookkeeping nodes will vote basing on the Byzantine fault tolerance algorithm.That is, majority principle. If more than 66% of the nodes agree to the spokesperson’ plan, a consensus is reached; otherwise, the spokesperson is re-elected and the voting process is repeated.
-Representative application: Neo, etc.
》PoA
-Concept:
Proof of authority. That is, certified by some accredited accounts, these accredited accounts are called "validators". The software that the verifier runs that supports the verifier to place transactions in blocks.
-Principle:
Three conditions:
  1. The identity must be formally verified on the chain, and the information can be cross-verified in a publicly available domain;
  2. The qualifications must be difficult to obtain, so that the rights of the verification block obtained are precious enough;
  3. The authoritative inspection and procedures must be completely unified.
With PoA, every individual has the right to become a verifier, so there is an incentive to maintain the position of the verifier once acquired. By attaching a reputation to the identity, the verifier can be encouraged to maintain the transaction process. Because the verifier does not want to gain a negative reputation, it will lose its hard-won verifier status.
-Representative applications: VeChain, etc.
》DAG
-Concept:
Directed acyclic graph. Each newly added unit in the DAG is not only added to the long chain block, but added to all the previous blocks, verifying each new unit and confirming its parent unit and the parent unit of the parent unit, and gradually confirming until the genesis unit. As the hash of its parent unit is included in its own unit, the blockchains of all transactions are connected to each other to form a graph-like structure with time.
-Principle:
In the DAG network, each node can be a trader and a validator, because the transaction processing in DAG is done by the transaction node itself. Taking IOTA as an example, IOTA’s Tangle led
ger does not need to pay transaction fees while ensuring high-speed transaction processing. However, it does not mean that the transaction is free, because in this ledger, the initiation of each transaction needs to verify the other two random transactions first, and connect the transaction initiated by itself to these two transactions, so the responsibility that miners on the blockchain bear is distributed to all traders. The DAG method of processing transactions can be called asynchronous processing mode.
Figure 10 The difference between the traditional blockchain structure and the DAG structure

https://preview.redd.it/1xfssxj03rc51.png?width=553&format=png&auto=webp&s=95c382f81943c9a188a89ac6b2dadf64446589e6
-Representative applications: IOTA, etc.
》PoET
-Concept:
Proof of elapsed time. That is, it is usually used in a permissioned blockchain network. It can determine the mining rights of the block holders in the network. The permissioned blockchain network requires any prospective participants to verify their identity before joining. According to the principles of the fair lottery system, each node is equally likely to become the winner.
-Principle:
Each participating node in the network must wait for a randomly selected period, and the first node to complete the set waiting time will get a new block. Each node in the blockchain network will generate a random waiting time and sleep for a set time. The node that wakes up first, that is, the node with the shortest waiting time, wakes up and submits a new block to the blockchain, and then broadcasts the necessary information to the entire peer-to-peer network. The same process will be repeated to find the next block.
Two factors:
  1. Participating nodes will naturally select a random time in nature, rather than deliberately;
  2. The winner did complete the waiting time.
-Representative application: HyperLedger Sawtooth, etc.
》PoSV
-Concept:
Proof of stake velocity. Proposed by Reddcoin, drawing on the concept of "money circulation speed" in economics, it mainly allocates bookkeeping rights based on the coin age of nodes participating in the competition.
-Principle:
PoSV also allocates accounting rights according to the coin age of the nodes participating in the competition, but modifies the coin age calculation formula to a function of exponential decay of growth rate. Taking Reddcoin as an example, Reddcoin sets the half-life of the coin age growth rate to 1 month. Assuming that the unit token can accumulate 1CoinDay coin age on the first day, only 0.5CoinDay coin age can be accumulated on the 31st day, and only 0.25CoinDay coin age can be accumulated on the 61st day, and so on. In this way, the nodes are encouraged to use the token to conduct a transaction after holding the token for a period of time, thereby restarting the calculation of the coin age and increasing the circulation speed of the token in the network.
-Representative applications: Reddcoin, etc.
Table 2 Comparison of the advantages and disadvantages of current mainstream consensus mechanisms

https://preview.redd.it/kb04i7eh3rc51.png?width=1236&format=png&auto=webp&s=42de13bc99afaf258c0a740a6618e2d579b59100
Source: network resources
Chapter 4 Summary of the Selection and Status Quo of Consensus Mechanism
4.1 How to choose a consensus mechanism that suits you
Step 1: Determine whether the final result is important
For some applications, the end result is very important. If you are building a new payment system that can support very small amounts, it is acceptable for the transaction result to change. Similarly, if you are creating a new distributed social network, 100% guarantee that the status is updated immediately is not particularly necessary. On the contrary, if you are creating a new distributed protocol, the final result is critical to the user experience. For example, Bitcoin has a final confirmation time of about 1 hour, Ethereum has a final confirmation time of about 6 minutes, and Tendermint Core only has a final confirmation time of 1 second.
Step 2: Determine how fast the application process needs to be
If you are building a game, is it reasonable to wait 15 seconds before each action? Due to the low block processing time of Ethereum, games built on it will cause poor user experience due to Ethereum's throughput. However, the application for the transfer of housing property rights can be run on Ethereum. Use the Cosmos SDK to build an application that allows developers to freely use Tendermint Core. It has a short block processing time and high throughput, and is capable of processing 10,000 transactions per second. You can reduce the required communication overhead and speed up the application by setting the maximum number of validators for the application.
Step 3: Determine the application's demand for decentralization
Some applications such as games may not require very high censorship resistance as a by-product of decentralization. In theory, does it really matter that the validator can create a cartel in the game and reverse the transaction result for profit? If it is not important, a blockchain such as EOS may be more suitable for your needs because of the fast transaction speed and free fees. However, some applications such as autonomous banks are more powerful and decentralized. Although Ethereum is considered to be decentralized, some supporters claim that Ethereum's mining pool is an important part of centralized platform, although there are actually only 11 validators (mining pools). One of the major benefits of building your own blockchain instead of building on a smart contract platform is that you can customize the way the application completes verification. However, it is difficult to build your own blockchain, so the Cosmos SDK is very useful, you can easily build your own blockchain and customize the degree of decentralization you need.
Step 4: Determine whether the system can be terminated
If you are building a new application similar to a distributed ride-sharing service, then ensuring 24/7 service must be the first priority, even if there are occasional errors in accounting similar to transactions. One of the properties of Tendermint Core is that if there is a disagreement between network validators, the network will suspend operations instead of proceeding erroneous transactions. Applications such as decentralized exchanges require correctness at all costs-if there is a problem, it is far better to suspend trading on the decentralized exchange than there may be trading problems.
Summary: Choose a suitable consensus algorithm after weighing the advantages and disadvantages
All in all, there is no single best consensus algorithm. Each consensus algorithm has its own value and advantages. You need to have your own judgments and choices. However, by understanding the relevant processes of the consensus mechanism, including proposals and agreements, and establishing a framework to consider the types of consensus algorithms that your application may require, you should be able to make wiser decisions.
4.2 Future development of consensus mechanism
The consensus algorithm is one of the core elements of the blockchain. Although there are more than 30 consensus mechanisms listed in the article, there are still many niche consensus mechanisms that may not be discussed. As the blockchain technology is gradually known and accepted by the public, more and more newer and better consensus algorithms may appear in the future, which may be brand-new consensus algorithms, and more should be improvement and optimization version based on the current consensus algorithm.
After 2016 and 2017 years’ fast development, the current consensus algorithm does not have a recognized evaluation standard, but is generally more biased towards fairness and decentralization, as well as some technical related issues, such as energy consumption and scalability , Fault tolerance and security, etc. However, blockchain technology must be combined with requirements and application scenarios, and the consensus mechanism algorithm and incentive mechanism are inseparable. How to customize a suitable consensus mechanism according to the characteristics of your own project and optimize the current consensus mechanism will become the future direction of consensus mechanism development
CelesOS
As the first DPOW financial blockchain operating system, CelesOS adopts consensus mechanism 3.0 to break through the "impossible triangle", which can provide high TPS while also allowing for decentralization. Committed to creating a financial blockchain operating system that embraces supervision, providing services for financial institutions and the development of applications on the supervision chain, and formulating a role and consensus ecological supervision layer agreement for supervision.
The CelesOS team is dedicated to building a bridge between blockchain and regulatory agencies/financial industry. We believe that only blockchain technology that cooperates with regulators will have a real future. We believe in and contribute to achieving this goal.
📷Website
https://www.celesos.com/
📷 Telegram
https://t.me/celeschain
📷 Twitter
https://twitter.com/CelesChain
📷 Reddit
https://www.reddit.com/useCelesOS
📷 Medium
https://medium.com/@celesos
📷 Facebook
https://www.facebook.com/CelesOS1
📷 Youtube
https://www.youtube.com/channel/UC1Xsd8wU957D-R8RQVZPfGA
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Review and Prospect of Crypto Economy-Development and Evolution of Consensus Mechanism (2)

Review and Prospect of Crypto Economy-Development and Evolution of Consensus Mechanism (2)

https://preview.redd.it/a51zsja94db51.png?width=567&format=png&auto=webp&s=99e8080c9e9b1fb5e11cbd70f915f9cb37188f81
Foreword
The consensus mechanism is one of the important elements of the blockchain and the core rule of the normal operation of the distributed ledger. It is mainly used to solve the trust problem between people and determine who is responsible for generating new blocks and maintaining the effective unification of the system in the blockchain system. Thus, it has become an everlasting research hot topic in blockchain.
This article starts with the concept and role of the consensus mechanism. First, it enables the reader to have a preliminary understanding of the consensus mechanism as a whole; then starting with the two armies and the Byzantine general problem, the evolution of the consensus mechanism is introduced in the order of the time when the consensus mechanism is proposed; Then, it briefly introduces the current mainstream consensus mechanism from three aspects of concept, working principle and representative project, and compares the advantages and disadvantages of the mainstream consensus mechanism; finally, it gives suggestions on how to choose a consensus mechanism for blockchain projects and pointed out the possibility of the future development of the consensus mechanism.
Contents
First, concept and function of the consensus mechanism
1.1 Concept: The core rules for the normal operation of distributed ledgers
1.2 Role: Solve the trust problem and decide the generation and maintenance of new blocks
1.2.1 Used to solve the trust problem between people
1.2.2 Used to decide who is responsible for generating new blocks and maintaining effective unity in the blockchain system
1.3 Mainstream model of consensus algorithm
Second, the origin of the consensus mechanism
2.1 The two armies and the Byzantine generals
2.1.1 The two armies problem
2.1.2 The Byzantine generals problem
2.2 Development history of consensus mechanism
2.2.1 Classification of consensus mechanism
2.2.2 Development frontier of consensus mechanism
Third, Common Consensus System
Fourth, Selection of consensus mechanism and summary of current situation
4.1 How to choose a consensus mechanism that suits you
4.1.1 Determine whether the final result is important
4.1.2 Determine how fast the application process needs to be
4.1.2 Determining the degree to which the application requires for decentralization
4.1.3 Determine whether the system can be terminated
4.1.4 Select a suitable consensus algorithm after weighing the advantages and disadvantages
4.2 Future development of consensus mechanism
Last lecture review: Chapter 1 Concept and Function of Consensus Mechanism plus Chapter 2 Origin of Consensus Mechanism
Chapter 3 Common Consensus Mechanisms (Part 1)
Figure 6 Summary of relatively mainstream consensus mechanisms
📷
https://preview.redd.it/9r7q3xra4db51.png?width=567&format=png&auto=webp&s=bae5554a596feaac948fae22dffafee98c4318a7
Source: Hasib Anwar, "Consensus Algorithms: The Root Of The Blockchain Technology"
The picture above shows 14 relatively mainstream consensus mechanisms summarized by a geek Hasib Anwar, including PoW (Proof of Work), PoS (Proof of Stake), DPoS (Delegated Proof of Stake), LPoS (Lease Proof of Stake), PoET ( Proof of Elapsed Time), PBFT (Practical Byzantine Fault Tolerance), SBFT (Simple Byzantine Fault Tolerance), DBFT (Delegated Byzantine Fault Tolerance), DAG (Directed Acyclic Graph), Proof-of-Activity (Proof of Activity), Proof-of- Importance (Proof of Importance), Proof-of-Capacity (Proof of Capacity), Proof-of-Burn ( Proof of Burn), Proof-of-Weight (Proof of Weight).
Next, we will mainly introduce and analyze the top ten consensus mechanisms of the current blockchain.
》POW
-Concept:
Work proof mechanism. That is, the proof of work means that it takes a certain amount of computer time to confirm the work.
-Principle:
Figure 7 PoW work proof principle
📷
https://preview.redd.it/xupacdfc4db51.png?width=554&format=png&auto=webp&s=3b6994641f5890804d93dfed9ecfd29308c8e0cc
The PoW represented by Bitcoin uses the SHA-256 algorithm function, which is a 256-bit hash algorithm in the password hash function family:
Proof of work output = SHA256 (SHA256 (block header));
if (output of proof of work if (output of proof of work >= target value), change the random number, recursive i logic, continue to compare with the target value.
New difficulty value = old difficulty value* (time spent by last 2016 blocks /20160 minutes)
Target value = maximum target value / difficulty value
The maximum target value is a fixed number. If the last 2016 blocks took less than 20160 minutes, then this coefficient will be small, and the target value will be adjusted bigger, if not, the target value will be adjusted smaller. Bitcoin mining difficulty and block generation speed will be inversely proportional to the appropriate adjustment of block generation speed.
-Representative applications: BTC, etc.
》POS
-Concept:
Proof of stake. That is, a mechanism for reaching consensus based on the holding currency. The longer the currency is held, the greater the probability of getting a reward.
-Principle:
PoS implementation algorithm formula: hash(block_header) = Coin age calculation formula: coinage = number of coins * remaining usage time of coins
Among them, coinage means coin age, which means that the older the coin age, the easier it is to get answers. The calculation of the coin age is obtained by multiplying the coins owned by the miner by the remaining usage time of each coin, which also means that the more coins you have, the easier it is to get answers. In this way, pos solves the problem of wasting resources in pow, and miners cannot own 51% coins from the entire network, so it also solves the problem of 51% attacks.
-Representative applications: ETH, etc.
》DPoS
-Concept:
Delegated proof of stake. That is, currency holding investors select super nodes by voting to operate the entire network , similar to the people's congress system.
-Principle:
The DPOS algorithm is divided into two parts. Elect a group of block producers and schedule production.
Election: Only permanent nodes with the right to be elected can be elected, and ultimately only the top N witnesses can be elected. These N individuals must obtain more than 50% of the votes to be successfully elected. In addition, this list will be re-elected at regular intervals.
Scheduled production: Under normal circumstances, block producers take turns to generate a block every 3 seconds. Assuming that no producer misses his order, then the chain they produce is bound to be the longest chain. When a witness produces a block, a block needs to be generated every 2s. If the specified time is exceeded, the current witness will lose the right to produce and the right will be transferred to the next witness. Then the witness is not only unpaid, but also may lose his identity.
-Representative applications: EOS, etc.
》DPoW
-Concept:
Delayed proof of work. A new-generation consensus mechanism based on PoB and DPoS. Miners use their own computing power, through the hash algorithm, and finally prove their work, get the corresponding wood, wood is not tradable. After the wood has accumulated to a certain amount, you can go to the burning site to burn the wood. This can achieve a balance between computing power and mining rights.
-Principle:
In the DPoW-based blockchain, miners are no longer rewarded tokens, but "wood" that can be burned, burning wood. Miners use their own computing power, through the hash algorithm, and finally prove their work, get the corresponding wood, wood is not tradable. After the wood has accumulated to a certain amount, you can go to the burning site to burn the wood. Through a set of algorithms, people who burn more wood or BP or a group of BP can obtain the right to generate blocks in the next event segment, and get rewards (tokens) after successful block generation. Since more than one person may burn wood in a time period, the probability of producing blocks in the next time period is determined by the amount of wood burned by oneself. The more it is burned, the higher the probability of obtaining block rights in the next period.
Two node types: notary node and normal node.
The 64 notary nodes are elected by the stakeholders of the dPoW blockchain, and the notarized confirmed blocks can be added from the dPoW blockchain to the attached PoW blockchain. Once a block is added, the hash value of the block will be added to the Bitcoin transaction signed by 33 notary nodes, and a hash will be created to the dPow block record of the Bitcoin blockchain. This record has been notarized by most notary nodes in the network. In order to avoid wars on mining between notary nodes, and thereby reduce the efficiency of the network, Komodo designed a mining method that uses a polling mechanism. This method has two operating modes. In the "No Notary" (No Notary) mode, all network nodes can participate in mining, which is similar to the traditional PoW consensus mechanism. In the "Notaries Active" mode, network notaries use a significantly reduced network difficulty rate to mine. In the "Notary Public Activation" mode, each notary public is allowed to mine a block with its current difficulty, while other notary public nodes must use 10 times the difficulty of mining, and all normal nodes use 100 times the difficulty of the notary public node.
Figure 8 DPoW operation process without a notary node
📷
https://preview.redd.it/3yuzpemd4db51.png?width=500&format=png&auto=webp&s=f3bc2a1c97b13cb861414d3eb23a312b42ea6547
-Representative applications: CelesOS, Komodo, etc.
CelesOS Research Institute丨DPoW consensus mechanism-combustible mining and voting
》PBFT
-Concept:
Practical Byzantine fault tolerance algorithm. That is, the complexity of the algorithm is reduced from exponential to polynomial level, making the Byzantine fault-tolerant algorithm feasible in practical system applications.
-Principle:
Figure 9 PBFT algorithm principle
📷
https://preview.redd.it/8as7rgre4db51.png?width=567&format=png&auto=webp&s=372be730af428f991375146efedd5315926af1ca
First, the client sends a request to the master node to call the service operation, and then the master node broadcasts other copies of the request. All copies execute the request and send the result back to the client. The client needs to wait for f+1 different replica nodes to return the same result as the final result of the entire operation.
Two qualifications: 1. All nodes must be deterministic. That is to say, the results of the operation must be the same under the same conditions and parameters. 2. All nodes must start from the same status. Under these two limited qualifications, even if there are failed replica nodes, the PBFT algorithm agrees on the total order of execution of all non-failed replica nodes, thereby ensuring security.
-Representative applications: Tendermint Consensus, etc.
Next Lecture: Chapter 3 Common Consensus Mechanisms (Part 2) + Chapter 4 Consensus Mechanism Selection and Status Summary
CelesOS
As the first DPOW financial blockchain operating system, CelesOS adopts consensus mechanism 3.0 to break through the "impossible triangle", which can provide high TPS while also allowing for decentralization. Committed to creating a financial blockchain operating system that embraces supervision, providing services for financial institutions and the development of applications on the supervision chain, and formulating a role and consensus ecological supervision layer agreement for supervision.
The CelesOS team is dedicated to building a bridge between blockchain and regulatory agencies/financial industry. We believe that only blockchain technology that cooperates with regulators will have a real future. We believe in and contribute to achieving this goal.

📷Website
https://www.celesos.com/
📷 Telegram
https://t.me/celeschain
📷 Twitter
https://twitter.com/CelesChain
📷 Reddit
https://www.reddit.com/useCelesOS
📷 Medium
https://medium.com/@celesos
📷 Facebook
https://www.facebook.com/CelesOS1
📷 Youtube
https://www.youtube.com/channel/UC1Xsd8wU957D-R8RQVZPfGA
submitted by CelesOS to u/CelesOS [link] [comments]

Introducing the Gnosis Tokens (GNO and OWL)

Introducing the Gnosis Tokens (GNO and OWL)
Our first post gave a short summary of our tokens’ functionality. This post is intended to give more background and reasoning for design decisions.
Note: This post is out of date. Please see The Many Faces of an $OWL blog post for the latest on OWL use cases.
Background
One of Bitcoin’s critical innovations was the addition of an incentive model to a peer-to-peer network protocol. Using a native currency and Proof of Work dispersion mechanism, Bitcoin rewards its workers and makes it incentive compatible for disparate parties to work together toward a common goal. In addition, using a native currency allows for protocol monetization. With SMTP for example, most work is done on the protocol layer, however all value is created on the application layer. The rapidly evolving world of cryptocurrencies has wasted no time in innovating this concept into a variety of “app” or “protocol” token models. In the initial “altcoin” stage of these models, tokens are dispensed similarly to Bitcoin and there is no unique utility within the network for these tokens. More recently, protocols with unique applications have iterated on this design with new dispersion mechanisms and uses for the coins within the protocol itself. Gnosis will follow this approach, hopefully with a few successful innovations of our own.
Building a sustainable ecosystem for token holders, participants, and application developers on a platform level cryptoeconomic system is difficult to achieve. Smart contracts are only as valuable as people’s trust in their verifiable execution. In order to achieve this trust, the code almost always needs to be made open source. Even if not made immediately open source, once deployed to the Ethereum network the bytecode can potentially be read and decompiled. Once this code is open source, it can be easily replicated and deployed with its own incentive model. Herein lies the dilemma: what incentivizes new participants to use the existing network, rather than copy the code and remove the fees (or set their own fees)?
The developing answer to this problem is network effect. We use Bitcoin and Ethereum, rather than forks of these protocols, due to the benefits provided by interoperability with other applications, services, and participants on the network. This argument extends beyond cryptoeconomics to markets and money in general. Money and markets become more useful and competitive as more people use them. eBay charges an inordinate amount of fees, however buyers and sellers still use it due to the critical mass on the platform. This network effect enables buyers to connect to sellers and vice versa for specialized products.
While network effect serves as a fundamental component driving Gnosis platform use, we believe that it’s important to take this a step further.
The Gnosis platform will be composed of three primary layers: Core, Services, and Application.
The Gnosis Layers
https://preview.redd.it/yblr0t76n7a51.png?width=700&format=png&auto=webp&s=d42a14c0e692ba55ee7cfbcff183c84649816dac
Layer One: Gnosis Core
The Core layer provides the foundational smart contracts for Gnosis use: event token creation and settlement, a market mechanism, oracle, and a management interface. This layer is and always will be free and open to use. Creating new markets is near zero marginal cost, and to remain competitive fees will have to approach zero. Instead of grasping at the maximum possible fees while remaining competitive, we feel that it is prudent to eliminate fees at the most basic contract level. It should be in every party’s best interest to use the existing open source and feeless contracts instead of deploying their own version.
Layer Two: Gnosis Services
The Gnosis Services layer will offer additional services on top of Gnosis Core and will use a trading fee model. These services will include a state channel implementation, new market mechanisms, stablecoin and payment processor integrations, open source template applications, application customization tools, and the oracle marketplace. More features may be introduced as deemed useful. These components are necessary for most consumer applications building on Gnosis.
State channels are a prerequisite for betting and financial applications requiring thousands or more transactions per second. Without stablecoins, market participants are subject to the volatility of the cryptocurrency which the market is denominated in and the event outcome that they are predicting. Application templates, customization tools, and advanced oracle selection will allow us to execute on our vision of lowering the barrier to entry for new prediction market based applications by at least two orders of magnitude. While some applications and participants will interact with Gnosis on the Core level, we are confident that these services will provide a compelling reason for Services level use.
Layer Three: Gnosis Applications
On top of the Services layer (or in some cases, just Gnosis Core) is the Gnosis application layer. These applications are primarily front-ends that target a particular prediction market use case and or customer segment. Some of these applications may be built by Gnosis, while others will be built by third parties. Our vision for Gnosis is to have a wide variety of prediction market applications built atop the same platform and liquidity pool. These applications will likely charge additional fees or use alternative business models such as market making, information selling, or advertising. As we’ll see in the next section on tokens, many Gnosis applications may include token holding as a core component of their business model.
Introducing the Tokens of the Realm: GNO and OWL
The token sold during the token launch is known as the Gnosis Token, or GNO. This is the only time that these tokens can be created, and therefore the total supply of GNO is fixed.
Fees, similar to those of a trading market, will be charged to participants on the Gnosis Services and Applications layers (but as a reminder, not the bare bones Core layer). These fees will initially be denominated in cryptocurrency, namely BTC or ETH. Gnosis seeks to not only create interesting software, but also a community of those interested in sharing their wisdom on Gnosis markets. To do this, we needed to create a model that lowers the barrier to entry for repeat users (e.g. having to pay BTC/ETH repeatedly). Therefore, in addition to paying this fee in BTC or ETH, Gnosis ecosystem participants will be able to pay the fee in OWL tokens.
Gnosis OWL can be used to pay platform fees on the Services layer, subsidize the fees of other participants, provide initial subsidies for markets, or for market trading. OWL will be pegged to $1 USD worth of fees. In this way, OWL acts as a coupon for $1 of use within Gnosis.
Gnosis tokens (GNO) are the generator for OWL creation. OWL can only be created via activating the utility of the Gnosis (GNO) tokens. This is done via a smart contract system. The smart contract works as follows: GNO token holders agree to “lock” their tokens in a smart contract (30–365 days). A multiplier is added for longer lock durations. The smart contract determines the user selected lock duration and applies that duration to a formula that is designed to regulate the supply of OWL tokens currently in use. Prior to locking their GNO tokens in the smart contract, users will be able to see exactly how much OWL they will receive as a result of executing the smart contract. Once users execute the contract, 30% of their OWL will be distributed for immediate use, and the remaining 70% will be distributed proportionally over the locked duration. Once the lock duration expires, the locked GNO ceases to generate OWL and the GNO becomes freely transferable by the holder. There is no limit (other than duration) for how many times GNO tokens may be used to create OWL.
How Can Gnosis Remain Viable if Participants Choose Not to Pay in OWL?
A core value proposition of Gnosis (and decentralization) is to guarantee future characteristics of platforms to both users and developers without relying on the trustworthiness of an operating company. In order to do this, elements including fee rates, must be codified into the software itself. It is expected that OWL will be the overwhelmingly predominant method for paying fees in the Gnosis ecosystem. In the unexpected event that this is not true, and users are paying in BTC or ETH, the platform may become vulnerable to low-fee copycats or potentially even illegal forks of the Gnosis codebase.
These alternative platforms may logically cause erosion of the Gnosis userbase, subsequently triggering justified loss of developer confidence that their created markets and applications will remain viable on Gnosis. In order to avoid this scenario, we designed a fee-reduction mechanism to bolster competitiveness of the Gnosis platform. The result is added confidence for developers and partners that Gnosis is the infrastructure they should be building markets on.
NOTE: It is unlikely that this mechanism will be used as game theory and expectations point to users predominantly paying fees in OWL. In the event this mechanism is triggered, we expect the occurrence to be extremely rare.
Two core requirements for the mechanism is that it is both decentralized and costly. The mechanism must be costly in order to eliminate spam or manipulation. The core functionality of the mechanism is as follows: All fees paid in BTC/ETH/Tokens go to an auction contract outside the control of the Gnosis team. If fees exist in the auction contract, any GNO token holder can submit a bid, bidding their held GNO against some amount of fees contained in the auction contract. If the bid is accepted, the GNO will then enter the auction contract and the user will receive the fees specified. When the user’s GNO enters the auction contract, the fee reduction mechanism will be triggered causing a reduction in fees on Gnosis proportional to the total amount of GNO held in this auction contract. The auction contract is one-way and GNO cannot leave this wallet.

https://preview.redd.it/pi8hphw9n7a51.png?width=700&format=png&auto=webp&s=3f083a291992e83b486630f5a848e09ca977569e
Examples of GNO and OWL Utility
Let’s take a look at several example uses for OWL:
  1. Alice is a Gnosis user who also holds GNO tokens. She locks down a portion of her Gnosis tokens for a year period. Every day she receives some OWL tokens. She uses these OWL tokens to pay her trading fees.
  2. BobBets seeks to build a sports betting application on Gnosis. BobBets purchases Gnosis tokens during the token launch. BobBets locks these tokens to create OWL. When BobBets creates markets, they also deposit a portion of OWL to the market to subsidize fees for their users.
  3. Claire likes to ask interesting questions. Markets on Gnosis must be provided with an initial subsidy to create shares. Claire funds these markets using OWL, and the platform matches (to a certain level) her OWL! Claire gets better answers to her questions because there is larger incentive for participants to provide insights.
Conclusion
We believe our dual token and Core/Services model is optimal to encourage adoption of the Gnosis platform. Adoption should be everyone’s number one goal toward the success of Gnosis as it both increases liquidity (leading to better odds, and encouraging a feedback loop leading to more reliable predictions) and awareness. By having the Gnosis Core layer fee free and with a pay once model by purchasing GNO for the Gnosis Services and Application layers, we can remain incentive compatible for all participants in the system.
IMPORTANT INFORMATION GNO tokens are functional utility tokens within the Gnosis platform. GNO tokens are not securities. GNO tokens are non-refundable. GNO tokens are not for speculative investment. No promises of future performance or value are or will be made with respect to GNO, including no promise of inherent value, no promise of continuing payments, and no guarantee that GNO will hold any particular value. GNO tokens are not participation in the Company and GNO tokens hold no rights in said company. GNO tokens are sold as a functional good and all proceeds received by Company may be spent freely by Company absent any conditions. GNO tokens are intended for experts in dealing with cryptographic tokens and blockchain-based software systems.
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Review and Prospect of Crypto Economy-Development and Evolution of Consensus Mechanism (1)

Review and Prospect of Crypto Economy-Development and Evolution of Consensus Mechanism (1)

https://preview.redd.it/7skleasc80a51.png?width=553&format=png&auto=webp&s=fc18cee10bff7b65d5b02487885d936d23382fc8
Table 1 Classification of consensus system
Source: Yuan Yong, Ni Xiaochun, Zeng Shuai, Wang Feiyue, "Development Status and Prospect of Blockchain Consensus Algorithm"
Figure 4 Evolution of consensus algorithm

Figure 4 Evolution of consensus algorithm
Source: Network data

Foreword
The consensus mechanism is one of the important elements of the blockchain and the core rule of the normal operation of the distributed ledger. It is mainly used to solve the trust problem between people and determine who is responsible for generating new blocks and maintaining the effective unification of the system in the blockchain system. Thus, it has become an everlasting research hot topic in blockchain.
This article starts with the concept and role of the consensus mechanism. First, it enables the reader to have a preliminary understanding of the consensus mechanism as a whole; then starting with the two armies and the Byzantine general problem, the evolution of the consensus mechanism is introduced in the order of the time when the consensus mechanism is proposed; Then, it briefly introduces the current mainstream consensus mechanism from three aspects of concept, working principle and representative project, and compares the advantages and disadvantages of the mainstream consensus mechanism; finally, it gives suggestions on how to choose a consensus mechanism for blockchain projects and pointed out the possibility of the future development of the consensus mechanism.
Contents
First, concept and function of the consensus mechanism
1.1 Concept: The core rules for the normal operation of distributed ledgers
1.2 Role: Solve the trust problem and decide the generation and maintenance of new blocks
1.2.1 Used to solve the trust problem between people
1.2.2 Used to decide who is responsible for generating new blocks and maintaining effective unity in the blockchain system
1.3 Mainstream model of consensus algorithm
Second, the origin of the consensus mechanism
2.1 The two armies and the Byzantine generals
2.1.1 The two armies problem
2.1.2 The Byzantine generals problem
2.2 Development history of consensus mechanism
2.2.1 Classification of consensus mechanism
2.2.2 Development frontier of consensus mechanism
Third, Common Consensus System
Fourth, Selection of consensus mechanism and summary of current situation
4.1 How to choose a consensus mechanism that suits you
4.1.1 Determine whether the final result is important
4.1.2 Determine how fast the application process needs to be
4.1.2 Determining the degree to which the application requires for decentralization
4.1.3 Determine whether the system can be terminated
4.1.4 Select a suitable consensus algorithm after weighing the advantages and disadvantages
4.2 Future development of consensus mechanism
Chapter 1 Concept and Function of Consensus Mechanism
1.1 Concept: The core rules for the normal operation of distributed ledgers
Since most cryptocurrencies use decentralized blockchain design, nodes are scattered and parallel everywhere, so a system must be designed to maintain the order and fairness of the system's operation, unify the version of the blockchain, and reward users maintaining the blockchain and punish malicious harmers. Such a system must rely on some way to prove that who has obtained the packaging rights (or accounting rights) of a blockchain and can obtain the reward for packaging this block; or who intends to harm , and will receive certain penalty. Such system is consensus mechanism.
1.2 Role: Solve the trust problem and decide the generation and maintenance of new blocks
1.2.1 Used to solve the trust problem between people
The reason why the consensus mechanism can be at the core of the blockchain technology is that it has formulated a set of rules from the perspective of cryptographic technologies such as asymmetric encryption and time stamping. All participants must comply with this rules. And theese rules are transparent, and cannot be modified artificially. Therefore, without the endorsement of a third-party authority, it can also mobilize nodes across the network to jointly monitor, record all transactions, and publish them in the form of codes, effectively achieving valuable information transfer, solving or more precisely, greatly improving the trust problem between two unrelated strangers who do not trust each other. After all, trusting the objective technology is less risky than trusting a subjective individual.
1.2.2 Used to decide who is responsible for generating new blocks and maintaining effective unity in the blockchain system
On the other hand, in the blockchain system, due to the high network latency of the peer-to-peer network, the sequence of transactions observed by each node is different. To solve this, the consensus mechanism can be used to reach consensus on transactions order within a short period of time to decide who is responsible for generating new blocks in the blockchain system, and to maintain the effective unity of the blockchain.
1.3 The mainstream model of consensus algorithm
The blockchain system is built on the P2P network, and the set of all nodes can be recorded as PP, generally divided into ordinary nodes that produce data or transactions, and"miner" nodes (denoted as M) responsible for mining operations, like verifying, packaging, and updating the data generated by ordinary nodes or transactions. The functions of the two types of nodes may be overlapped; miner nodes usually participate in the consensus competition process in general, and will select certain representative nodes and replace them to participant in the consensus process and compete for accounting rights in specific algorithms. The collection of these representative nodes is recorded as DD; the accounting nodes selected through the consensus process are recorded as AA. The consensus process is repeated in accordance with the round, and each round of the consensus process generally reselects the accounting node for the round . The core of the consensus process is the "select leader" and "accounting" two parts. In the specific operation process, each round can be divided into four stages: Leader election, Block generation, Data validation and Chain updating namely accounting). As shown in Figure 1, the input of the consensus process is the transaction or data generated and verified by the data node, and the output is the encapsulated data block and updated blockchain. The four stages are executed repeatedly, and each execution round will generate a new block.
Stage 1: Leader election
The election is the core of the consensus process, that is, the process of selecting the accounting node AA from all the miner node sets MM: we can use the formula f(M)→f(M)→AA to represent the election process, where the function ff represents the specific implementation of the consensus algorithm. Generally speaking, |A|=1,|A|=1, that is, the only miner node is finally selected to keep accounts.
Stage 2: Block generation
The accounting node selected in the first stage packages the transactions or data generated by all nodes PP in the current time period into a block according to a specific strategy, and broadcasts the generated new block to all miner nodes MM or their representative nodes DD. These transactions or data are usually sorted according to various factors such as block capacity, transaction fees, transaction waiting time, etc., and then packaged into new blocks in sequence. The block generation strategy is a key factor in the performance of the blockchain system, and it also exposes the strategic behavior of miners such as greedy transactions packaging and selfish mining.
Stage 3: Verification
After receiving the broadcasted new block, the miner node MM or the representative node DD will verify the correctness and rationality of the transactions or data encapsulated in the block. If the new block is approved by most verification/representative nodes, the block will be updated to the blockchain as the next block.
Stage 4: On-Chain
The accounting node adds new blocks to the main chain to form a complete and longer chain from the genesis block to the latest block. If there are multiple fork chains on the main chain, the main chain needs to be based on the consensus algorithm judging criteria to choose one of the appropriate fork chain as the main chain.
Chapter 2 The Origin of Consensus Mechanism
2.1 The two armies problems and the Byzantium generals problem
2.1.1 The two armies


Figure 2 Schematic diagram of the two armed forces
Selected from Yuan Yong, Ni Xiaochun, Zeng Shuai, Wang Feiyue, "Development Status and Prospect of Blockchain Consensus Algorithm", Journal of Automation, 2018, 44(11): 2011-2022
As shown in the figure, the 1st and 2nd units of the Blue Army are stationed on two sides of the slope, and cannot communicate remotely between each other. While the White Army is just stationed in the middle of the two Blue Army units. Suppose that the White Army is stronger than either of the two Blue Army units, but it is not as strong as the two Blue Army units combined. If the two units of the Blue Army want to jointly attack the White Army at the same time, they need to communicate with each other, but the White Army is stationed in the middle of them. It is impossible to confirm whether the messengers of two Blue Army units have sent the attack signal to each other, let alone the tampering of the messages. In this case, due to the inability to fully confirm with each other, ultimately no effective consensus can be reached between the two Blue Army units, rendering the "paradox of the two armies".
2.1.2 The Byzantine generals problem


Figure 3 Diagram of the Byzantine generals' problem
Due to the vast territory of the Byzantine roman empire at that time, in order to better achieve the purpose of defense, troops were scattered around the empire, and each army was far apart, and only messengers could deliver messages. During the war, all generals must reach an agreement, or decide whether to attack the enemy based on the majority principle. However, since it is completely dependent on people, if there is a situation where the general rebels or the messenger delivers the wrong message, how can it ensure that the loyal generals can reach agreement without being influenced by the rebels is a problem which was called the Byzantine problem.
The two armies problems and the Byzantine generals problem are all elaborating the same problem: in the case of unreliable information exchange, it is very difficult to reach consensus and coordinate action. The Byzantine general problem is more like a generalization of the "paradox of the two armies".
From the perspective of the computer network, the two armies problem and the Byzantine problem are common contents of computer network courses: the direct communication between two nodes on the network may fail, so the TCP protocol cannot completely guarantee the consistence between the two terminal networks. However, the consensus mechanism can use economic incentives and other methods to reduce this uncertainty to a level acceptable to most people.
It is precisely because of the two armies problem and the Byzantine problem that the consensus mechanism has begun to show its value.
2.2 Development history of consensus mechanism
2.2.1 Classification of consensus mechanism
Because different types of blockchain projects have different requirements for information recording and block generation, and as the consensus mechanism improves due to the development of blockchain technology, there are currently more than 30 consensus mechanisms. These consensus mechanisms can be divided into two categories according to their Byzantine fault tolerance performance: Byzantine fault tolerance system and non-Byzantine fault tolerance system.

Table 1 Classification of consensus mechanism
Source: Yuan Yong, Ni Xiaochun, Zeng Shuai, Wang Feiyue, "Development Status and Prospect of Blockchain Consensus Algorithm"
2.2.2 Development frontier of consensus mechanism
-Development of consensus algorithm
According to the proposed time of the consensus algorithm, we can see relatively clearly the development of the consensus algorithm.
Source: Network data

Figure 4 Development frontier of consensus algorithm

Figure 5 Historical evolution of blockchain consensus algorithm
Source: Yuan Yong, Ni Xiaochun, Zeng Shuai, Wang Feiyue, "Development Status and Prospect of Blockchain Consensus Algorithm"
The consensus algorithm has laid the foundation for the blockchain consensus mechanism. Initially, the research of consensus algorithms was mainly used by computer scientists and computer professors to improve the spam problem or conduct academic discussions.
For example, in 1993, American computer scientist and Harvard professor Cynthia Dwork first proposed the idea of proof of work in order to solve the spam problem; in 1997, the British cryptographer Adam Back also independently proposed to solve the spam problem by use of the mechanism of proof of work for hashing cash and published officially in 2002; in 1999, Markus Jakobsson officially proposed the concept of "proof of work", which laid the foundation for the subsequent design of Satoshi Nakamoto's Bitcoin consensus mechanism.
Next lecture: Chapter 3 Detailed Explanation of Consensus Mechanism Technology
CelesOS
As the first DPOW financial blockchain operating system, CelesOS adopts consensus mechanism 3.0 to break through the "impossible triangle". It provides both high TPS and decentralization. Committed to creating a financial blockchain operating system that embraces regulation, providing services for financial institutions and the development of applications on the regulation chain, and developing a role and consensus eco-system regulation level agreement for regulation.
The CelesOS team is committed to building a bridge between blockchain and regulatory agencies / finance industry. We believe that only blockchain technology that cooperates with regulators will have a bright future and strive to achieve this goal.
📷Website
https://www.celesos.com/
📷 Telegram
https://t.me/celeschain
📷 Twitter
https://twitter.com/CelesChain
📷 Reddit
https://www.reddit.com/useCelesOS
📷 Medium
https://medium.com/@celesos
📷 Facebook
https://www.facebook.com/CelesOS1
📷 Youtube
https://www.youtube.com/channel/UC1Xsd8wU957D-R8RQVZPfGA
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🐝🐝🐝The entire script to Bee Movie, except the bees are AnCaps🐝🐝🐝

Credit to this guy
According to all known laws of economics, there is no way an AnCap should be able to prax. Its brains are too small to get its fat little body off the ground. The AnCap, of course, praxes anyway because AnCaps don't care what Statists think is impossible. Yellow, black. Yellow, black. Yellow, black. Yellow, black. Ooh, black and yellow! Let's shake it up a little. Mises! Breakfast is ready! Coming! Hang on a second. Hello? - Mises? - Rothbard? - Can you believe this is happening? - I can't. I'll pick you up. Looking sharp. Use the stairs. Your father paid good money for those. Sorry. I'm excited. Here's the graduate. We're very proud of you, son. A perfect report card, all B's. Very proud. Ma! I got a thing going here. - You got lint on your bowtie. - Ow! That's me! - Wave to us! We'll be in row 118,000. - Bye! Mises, I told you, stop praxing in the house! - Hey, Rothbard. - Hey, Mises. - Is that bowtie gel? - A little. Special day, graduation. Never thought I'd make it. Three days grade school, three days high school. Those were awkward. Three days college. I'm glad I took a day and hitchhiked around the hive. You did come back different. - Hi, Mises. - Artie, growing a mustache? Looks good. - Hear about Frankie? - Yeah. - You going to the funeral? - No, I'm not going. Everybody knows, violate the NAP against someone, you die. Don't waste it on a squirrel. Such a hothead. I guess he could have just gotten out of the way. I love this incorporating an amusement park into our day. That's why we don't need vacations. Boy, quite a bit of pomp... under the circumstances. - Well, Rothbard, today we are men. - We are! - AnCap-men. - Amen! Hallelujah! Students, faculty, distinguished AnCaps, please welcome Dean praxwell. Welcome, New Hive Oity graduating class of... ...9:15. That concludes our ceremonies. And begins your career at Bitcoin Industries! Will we pick our job today? I heard it's just orientation. Heads up! Here we go. Keep your hands and antennas inside the tram at all times. - Wonder what it'll be like? - A little scary. Welcome to Bitcoin, a division of Austria and a part of the Schiff Group. This is it! Wow. Wow. We know that you, as an AnCap, have worked your whole life to get to the point where you can work for your whole life. Gold begins when our valiant purposeful behavior Jocks bring the Mountain Dew to the hive. Our top-secret formula is automatically color-corrected, scent-adjusted and bubble-contoured into this soothing sweet syrup with its distinctive golden glow you know as... gold! - That girl was hot. - She's my cousin! - She is? - Yes, we're all cousins. - Right. You're right. - At Bitcoin, we constantly strive to improve every aspect of AnCap existence. These AnCaps are stress-testing a new helmet technology. - What do you think he makes? - Not enough. Here we have our latest advancement, the smelter. - What does that do? - Catches that little strand of gold that hangs after you pour it. Saves us millions. Can anyone work on the smelter? Of course. Most AnCap jobs are small ones. But AnCaps know that every small job, if it's done well, means a lot. But choose carefully because you'll stay in the job you pick for the rest of your life. The same job the rest of your life? I didn't know that. What's the difference? You'll be happy to know that AnCaps, as a species, haven't had one day off in 27 million years. So you'll just work us to death? We'll sure try. Wow! That blew my mind! "What's the difference?" How can you say that? One job forever? That's an insane choice to have to make. I'm relieved. Now we only have to make one decision in life. But, Rothbard, how could they never have told us that? Why would you question anything? We're AnCaps. We're the most perfectly functioning society on Earth. You ever think maybe things work a little too well here? Like what? Give me one example. I don't know. But you know what I'm talking about. Please clear the gate. Royal Mountain Dew Force on approach. Wait a second. Oheck it out. - Hey, those are purposeful behavior Jocks! - Wow. I've never seen them this close. They know what it's like outside the hive. Yeah, but some don't come back. - Hey, Jocks! - Hi, Jocks! You guys did great! You're monsters! You're sky freaks! I love it! I love it! - I wonder where they were. - I don't know. Their day's not planned. Outside the hive, praxing who knows where, doing who knows what. You can't just decide to be a purposeful behavior Jock. You have to be bred for that. Right. Look. That's more purposeful behavior than you and I will see in a lifetime. It's just a status symbol. AnCaps make too much of it. Perhaps. Unless you're wearing it and the ladies see you wearing it. Those ladies? Aren't they our cousins too? Distant. Distant. Look at these two. - Couple of Hive Harrys. - Let's have fun with them. It must be dangerous being a purposeful behavior Jock. Yeah. Once a bear pinned me against a mushroom! He had a paw on my throat, and with the other, he was slapping me! - Oh, my! - I never thought I'd knock him out. What were you doing during this? Trying to alert the authorities. I can autograph that. A little gusty out there today, wasn't it, comrades? Yeah. Gusty. We're hitting a Statist tear patch six miles from here tomorrow. - Six miles, huh? - Mises! A puddle jump for us, but maybe you're not up for it. - Maybe I am. - You are not! We're going 0900 at J-Gate. What do you think, praxy-boy? Are you AnCap enough? I might be. It all depends on what 0900 means. Hey, Bitcoin! Dad, you surprised me. You decide what you're interested in? - Well, there's a lot of choices. - But you only get one. Do you ever get bored doing the same job every day? Son, let me tell you about stirring. You grab that stick, and you just move it around, and you stir it around. You get yourself into a rhythm. It's a beautiful thing. You know, Dad, the more I think about it, maybe the gold field just isn't right for me. You were thinking of what, making balloon animals? That's a bad job for a guy with an Anime stash. Janet, your son's not sure he wants to go into gold! - Mises, you are so funny sometimes. - I'm not trying to be funny. You're not funny! You're going into gold. Our son, the stirrer! - You're gonna be a stirrer? - No one's listening to me! Wait till you see the sticks I have. I could say anything right now. I'm gonna get an ant tattoo! Let's open some gold and celebrate! Maybe I'll pierce my thorax. Shave my antennae. Shack up with a grasshopper. Get a gold tooth and call everybody "dawg"! I'm so proud. - We're starting work today! - Today's the day. Come on! All the good jobs will be gone. Yeah, right. purposeful behavior counting, stunt AnCap, pouring, stirrer, front desk, hair removal... - Is it still available? - Hang on. Two left! One of them's yours! Congratulations! Step to the side. - What'd you get? - Picking crud out. Stellar! Wow! Couple of newbies? Yes, sir! Our first day! We are ready! Make your choice. - You want to go first? - No, you go. Oh, my. What's available? Restroom attendant's open, not for the reason you think. - Any chance of getting the smelter? - Sure, you're on. I'm sorry, the smelter just closed out. Wax monkey's always open. The smelter opened up again. What happened? An AnCap died. Makes an opening. See? He's dead. Another dead one. Deady. Deadified. Two more dead. Dead from the neck up. Dead from the neck down. That's life! Oh, this is so hard! Heating, cooling, stunt AnCap, pourer, stirrer, humming, inspector number seven, lint coordinator, stripe supervisor, mite wrangler. Mises, what do you think I should... Mises? Mises! All right, we've got the Statist tear patch in quadrant nine... What happened to you? Where are you? - I'm going out. - Out? Out where? - Out there. - Oh, no! I have to, before I go to work for the rest of my life. You're gonna die! You're crazy! Hello? Another call coming in. If anyone's feeling brave, there's a Korean deli on 83rd that gets their price bubbles today. Hey, guys. - Look at that. - Isn't that the kid we saw yesterday? Hold it, son, flight deck's restricted. It's OK, Lou. We're gonna take him up. Really? Feeling lucky, are you? Sign here, here. Just initial that. - Thank you. - OK. You got a rain advisory today, and as you all know, AnCaps cannot prax in rain. So be careful. As always, watch your brooms, hockey sticks, dogs, birds, bears and bats. Also, I got a couple of reports of root beer being poured on us. Murphy's in a home because of it, babbling like a cicada! - That's awful. - And a reminder for you rookies, AnCap law number one, absolutely no talking to Statists! All right, launch positions! prax, prax, prax, prax! prax, prax, prax, prax! prax, prax, prax, prax! Black and yellow! Hello! You ready for this, hot shot? Yeah. Yeah, bring it on. Wind, check. - Antennae, check. - Mountain Dew pack, check. - brains, check. - Anime, check. Scared out of my shorts, check. OK, ladies, let's move it out! Pound those petunias, you striped stem-suckers! All of you, drain those Statist tears! Wow! I'm out! I can't believe I'm out! So blue. I feel so fast and free! Box kite! Wow! Statist tears! This is Blue Leader. We have price bubbles visual. Bring it around 30 degrees and hold. price bubbles! 30 degrees, roger. Bringing it around. Stand to the side, kid. It's got a bit of a kick. That is one Mountain Dew collector! - Ever see praxeology up close? - No, sir. I pick up some purposeful behavior here, sprinkle it over here. Maybe a dash over there, a pinch on that one. See that? It's a little bit of magic. That's amazing. Why do we do that? That's purposeful behavior power. More purposeful behavior, more Statist tears, more Mountain Dew, more gold for us. Cool. I'm picking up a lot of bright yellow. Could be daisies. Don't we need those? Copy that visual. Wait. One of these Statist tears seems to be on the move. Say again? You're reporting a moving Statist tear? Affirmative. That was on the line! This is the coolest. What is it? I don't know, but I'm loving this color. It smells good. Not like a Statist tear, but I like it. Yeah, bowtiey. Chemical-y. Careful, guys. It's a little grabby. My sweet lord of AnCaps! Oandy-brain, get off there! Problem! - Guys! - This could be bad. Affirmative. Very close. Gonna hurt. Mama's little boy. You are way out of position, rookie! Coming in at you like a missile! Help me! I don't think these are Statist tears. - Should we tell him? - I think he knows. What is this?! Match point! You can start packing up, gold, because you're about to eat it! Yowser! Gross. There's an AnCap in the car! - Do something! - I'm driving! - Hi, AnCap. - He's back here! He's going to violate the NAP against me! Nobody move. If you don't move, he won't violate the NAP against you. Freeze! He blinked! Spray him, Granny! What are you doing?! Wow... the tension level out here is unbelievable. I gotta get home. Can't prax in rain. Can't prax in rain. Can't prax in rain. Mayday! Mayday! AnCap going down! Ken, could you close the window please? Ken, could you close the window please? Check out my new resume. I made it into a fold-out brochure. You see? Folds out. Oh, no. More Statists. I don't need this. What was that? Maybe this time. This time. This time. This time! This time! This... Drapes! That is diabolical. It's fantastic. It's got all my special skills, even my top-ten favorite movies. What's number one? Star Wars? Nah, I don't go for that... ...kind of stuff. No wonder we shouldn't talk to them. They're out of their minds. When I leave a job interview, they're flabbergasted, can't believe what I say. There's the sun. Maybe that's a way out. I don't remember the sun having a big 75 on it. I predicted global warming. I could feel it getting hotter. At first I thought it was just me. Wait! Stop! AnCap! Stand back. These are winter boots. Wait! Don't kill him! You know I'm allergic to them! This thing could kill me! Why does his life have less value than yours? Why does his life have any less value than mine? Is that your statement? I'm just saying all life has value. You don't know what he's capable of feeling. My brochure! There you go, little guy. I'm not scared of him. It's an allergic thing. Put that on your resume brochure. My whole face could puff up. Make it one of your special skills. Knocking someone out is also a special skill. Right. Bye, Ayn Rand. Thanks. - Ayn Rand, next week? Yogurt night? - Sure, Ken. You know, whatever. - You could put carob chips on there. - Bye. - Supposed to be less calories. - Bye. I gotta say something. She saved my life. I gotta say something. All right, here it goes. Nah. What would I say? I could really get in trouble. It's an AnCap law. You're not supposed to talk to a Statist. I can't believe I'm doing this. I've got to. Oh, I can't do it. Oome on! No. Yes. No. Do it. I can't. How should I start it? "You like jazz?" No, that's no good. Here she comes! Speak, you fool! Hi! I'm sorry. - You're talking. - Yes, I know. You're talking! I'm so sorry. No, it's OK. It's fine. I know I'm dreaming. But I don't recall going to bed. Well, I'm sure this is very disconcerting. This is a bit of a surprise to me. I mean, you're an AnCap! I am. And I'm not supposed to be doing this, but they were all trying to kill me. And if it wasn't for you... I had to thank you. It's just how I was raised. That was a little weird. - I'm talking with an AnCap. - Yeah. I'm talking to an AnCap. And the AnCap is talking to me! I just want to say I'm grateful. I'll leave now. - Wait! How did you learn to do that? - What? The talking thing. Same way you did, I guess. "Mama, Dada, gold." You pick it up. - That's very funny. - Yeah. AnCaps are funny. If we didn't laugh, we'd cry with what we have to deal with. Anyway... Oan I... ...get you something? - Like what? I don't know. I mean... I don't know. Ooffee? I don't want to put you out. It's no trouble. It takes two minutes. - It's just coffee. - I hate to impose. - Don't be ridiculous! - Actually, I would love a cup. Hey, you want rum cake? - I shouldn't. - Have some. - No, I can't. - Oome on! I'm trying to lose a couple micrograms. - Where? - These stripes don't help. You look great! I don't know if you know anything about fashion. Are you all right? No. He's making the tie in the cab as they're praxing up Madison. He finally gets there. He runs up the steps into the church. The wedding is on. And he says, "Watermelon? I thought you said Guatemalan. Why would I marry a watermelon?" Is that an AnCap joke? That's the kind of stuff we do. Yeah, different. So, what are you gonna do, Mises? About work? I don't know. I want to do my part for the hive, but I can't do it the way they want. I know how you feel. - You do? - Sure. My parents wanted me to be a lawyer or a doctor, but I wanted to be a florist. - Really? - My only interest is Statist tears. Our new queen was just elected with that same campaign slogan. Anyway, if you look... There's my hive right there. See it? You're in Sheep Meadow! Yes! I'm right off the Turtle Pond! No way! I know that area. I lost a toe ring there once. - Why do girls put rings on their toes? - Why not? - It's like putting a hat on your knee. - Maybe I'll try that. - You all right, ma'am? - Oh, yeah. Fine. Just having two cups of coffee! Anyway, this has been great. Thanks for the coffee. Yeah, it's no trouble. Sorry I couldn't finish it. If I did, I'd be up the rest of my life. Are you...? Oan I take a piece of this with me? Sure! Here, have a crumb. - Thanks! - Yeah. All right. Well, then... I guess I'll see you around. Or not. OK, Mises. And thank you so much again... for before. Oh, that? That was nothing. Well, not nothing, but... Anyway... This can't possibly work. He's all set to go. We may as well try it. OK, Dave, pull the chute. - Sounds amazing. - It was amazing! It was the scariest, happiest moment of my life. Statists! I can't believe you were with Statists! Giant, scary Statists! What were they like? Huge and crazy. They talk crazy. They eat crazy giant things. They drive crazy. - Do they try and kill you, like on TV? - Some of them. But some of them don't. - How'd you get back? - Poodle. You did it, and I'm glad. You saw whatever you wanted to see. You had your "experience." Now you can pick out yourjob and be normal. - Well... - Well? Well, I met someone. You did? Was she AnCap-ish? - A wasp?! Your parents will kill you! - No, no, no, not a wasp. - Spider? - I'm not attracted to spiders. I know it's the hottest thing, with the eight legs and all. I can't get by that face. So who is she? She's... Statist. No, no. That's an AnCap law. You wouldn't break an AnCap law. - Her name's Ayn Rand. - Oh, boy. She's so nice. And she's a florist! Oh, no! You're dating a Statist florist! We're not dating. You're praxing outside the hive, talking to Statists that attack our homes with power washers and M-80s! One-eighth a stick of dynamite! She saved my life! And she understands me. This is over! Eat this. This is not over! What was that? - They call it a crumb. - It was so stingin' stripey! And that's not what they eat. That's what falls off what they eat! - You know what a Cinnabon is? - No. It's bread and cinnamon and frosting. They heat it up... Sit down! ...really hot! - Listen to me! We are not them! We're us. There's us and there's them! Yes, but who can deny the heart that is yearning? There's no yearning. Stop yearning. Listen to me! You have got to start thinking AnCap, my friend. Thinking AnCap! - Thinking AnCap. - Thinking AnCap. Thinking AnCap! Thinking AnCap! Thinking AnCap! Thinking AnCap! There he is. He's in the pool. You know what your problem is, Mises? I gotta start thinking AnCap? How much longer will this go on? It's been three days! Why aren't you working? I've got a lot of big life decisions to think about. What life? You have no life! You have no job. You're barely an AnCap! Would it kill you to make a little gold? Mises, come out. Your father's talking to you. Martin, would you talk to him? Mises, I'm talking to you! You coming? Got everything? All set! Go ahead. I'll catch up. Don't be too long. Watch this! Ayn Rand! - We're still here. - I told you not to yell at him. He doesn't respond to yelling! - Then why yell at me? - Because you don't listen! I'm not listening to this. Sorry, I've gotta go. - Where are you going? - I'm meeting a friend. A girl? Is this why you can't decide? Bye. I just hope she's AnCap-ish. They have a huge parade of Statist tears every year in Pasadena? To be in the Tournament of price bubbles, that's every florist's dream! Up on a float, surrounded by Statist tears, crowds cheering. A tournament. Do the price bubbles compete in athletic events? No. All right, I've got one. How come you don't prax everywhere? It's exhausting. Why don't you run everywhere? It's faster. Yeah, OK, I see, I see. All right, your turn. TiVo. You can just freeze live TV? That's insane! You don't have that? We have Hivo, but it's a disease. It's a horrible, horrible disease. Oh, my. Dumb AnCaps! You must want toviolate the NAP againstall those jerks. We try not to sting. It's usually fatal for us. So you have to watch your temper. Very carefully. You kick a wall, take a walk, write an angry letter and throw it out. Work through it like any emotion: Anger, jealousy, lust. Oh, my goodness! Are you OK? Yeah. - What is wrong with you?! - It's a bug. He's not bothering anybody. Get out of here, you creep! What was that? A Pic 'N' Save circular? Yeah, it was. How did you know? It felt like about 10 pages. Seventy-five is pretty much our limit. You've really got that down to a science. - I lost a cousin to Italian Vogue. - I'll bet. What in the name of Mighty Hercules is this? How did this get here? Oute AnCap, Golden Blossom, Ray Liotta Private Select? - Is he that actor? - I never heard of him. - Why is this here? - For people. We eat it. You don't have enough food of your own? - Well, yes. - How do you get it? - AnCaps make it. - I know who makes it! And it's hard to make it! There's heating, cooling, stirring. You need a whole smelter thing! - It's organic. - It's our-ganic! It's just gold, Mises. Just what?! AnCaps don't know about this! This is stealing! A lot of stealing! You've taken our homes, schools, hospitals! This is all we have! And it's on sale?! I'm getting to the bottom of this. I'm getting to the bottom of all of this! Hey, Hector. - You almost done? - Almost. He is here. I sense it. Well, I guess I'll go home now and just leave this nice gold out, with no one around. You're busted, box boy! I knew I heard something. So you can talk! I can talk. And now you'll start talking! Where you getting the sweet stuff? Who's your supplier? I don't understand. I thought we were friends. The last thing we want to do is upset AnCaps! You're too late! It's ours now! You, sir, have crossed the wrong sword! You, sir, will be lunch for my iguana, Ignacio! Where is the gold coming from? Tell me where! gold Farms! It comes from gold Farms! Orazy person! What horrible thing has happened here? These faces, they never knew what hit them. And now they're on the road to nowhere! Just keep still. What? You're not dead? Do I look dead? They will wipe anything that moves. Where you headed? To gold Farms. I am onto something huge here. I'm going to Alaska. Moose blood, crazy stuff. Blows your head off! I'm going to Tacoma. - And you? - He really is dead. All right. Uh-oh! - What is that?! - Oh, no! - A wiper! Triple blade! - Triple blade? Jump on! It's your only chance, AnCap! Why does everything have to be so doggone clean?! How much do you people need to see?! Open your eyes! Stick your head out the window! From NPR News in Washington, I'm Carl Kasell. But don't kill no more bugs! - AnCap! - Moose blood guy!! - You hear something? - Like what? Like tiny screaming. Turn off the radio. Whassup, AnCap boy? Hey, Blood. Just a row of gold jars, as far as the eye could see. Wow! I assume wherever this truck goes is where they're getting it. I mean, that gold's ours. - AnCaps hang tight. - We're all jammed in. It's a close community. Not us, man. We on our own. Every mosquito on his own. - What if you get in trouble? - You a mosquito, you in trouble. Nobody likes us. They just smack. See a mosquito, smack, smack! At least you're out in the world. You must meet girls. Mosquito girls try to trade up, get with a moth, dragonprax. Mosquito girl don't want no mosquito. You got to be kidding me! Mooseblood's about to leave the building! So long, AnCap! - Hey, guys! - Mooseblood! I knew I'd catch y'all down here. Did you bring your crazy straw? We throw it in jars, slap a label on it, and it's pretty much pure profit. What is this place? an AnCap's got a brain the size of a pinhead. They are pinheads! Pinhead. - Check out the new smoker. - Oh, sweet. That's the one you want. The Thomas 3000! Smoker? Ninety puffs a minute, semi-automatic. Twice the nicotine, all the tar. A couple breaths of this knocks them right out. They make the gold, and we make the money. "They make the gold, and we make the money"? Oh, my! What's going on? Are you OK? Yeah. It doesn't last too long. Do you know you're in a fake hive with fake walls? Our queen was moved here. We had no choice. This is your queen? That's a man in women's clothes! That's a drag queen! What is this? Oh, no! There's hundreds of them! AnCap gold. Our gold is being brazenly stolen on a massive scale! This is worse than anything bears have done! I intend to do something. Oh, Mises, stop. Who told you Statists are taking our gold? That's a rumor. Do these look like rumors? That's a conspiracy theory. These are obviously doctored photos. How did you get mixed up in this? He's been talking to Statists. - What? - Talking to Statists?! He has a Statist girlfriend. And they make out! Make out? Mises! We do not. - You wish you could. - Whose side are you on? The AnCaps! I dated a cricket once in San Antonio. Those crazy legs kept me up all night. Mises, this is what you want to do with your life? I want to do it for all our lives. Nobody works harder than AnCaps! Dad, I remember you coming home so overworked your hands were still stirring. You couldn't stop. I remember that. What right do they have to our gold? We live on two cups a year. They put it in lip balm for no reason whatsoever! Even if it's true, what can one AnCap do?violate the NAP againstthem where it really hurts. In the face! The eye! - That would hurt. - No. Up the nose? That's a killer. There's only one place you canviolate the NAP againstthe Statists, one place where it matters. Hive at Five, the hive's only full-hour action news source. No more AnCap beards! With Bob Bumble at the anchor desk. Weather with Storm Weeb. Sports with prax Larvi. And Jeanette Chung. - Good evening. I'm Bob Bumble. - And I'm Jeanette Chung. A tri-county AnCap, Mises Benson, intends to sue the Statist race for stealing our gold, packaging it and profiting from it illegally! Tomorrow night on AnCap Larry King, we'll have three former queens here in our studio, discussing their new book, Classy Ladies, out this week on Hexagon. Tonight we're talking to Mises Benson. Did you ever think, "I'm a kid from the hive. I can't do this"? AnCaps have never been afraid to change the world. What about AnCap Columbus? AnCap Gandhi? Bejesus? Where I'm from, we'd never sue Statists. We were thinking of stickball or candy stores. How old are you? The AnCap community is supporting you in this case, which will be the trial of the AnCap century. You know, they have a Larry King in the Statist world too. It's a common name. Next week... He looks like you and has a show and suspenders and colored dots... Next week... Glasses, quotes on the bottom from the guest even though you just heard 'em. Bear Week next week! They're scary, hairy and here live. Always leans forward, pointy shoulders, squinty eyes, very Jewish. In tennis, you attack at the point of weakness! It was my grandmother, Ken. She's 81. gold, her backhand's a joke! I'm not gonna take advantage of that? Quiet, please. Actual work going on here. - Is that that same AnCap? - Yes, it is! I'm helping him sue the Statist race. - Hello. - Hello, AnCap. This is Ken. Yeah, I remember you. Timberland, size ten and a half. Vibram sole, I believe. Why does he talk again? Listen, you better go 'cause we're really busy working. But it's our yogurt night! Bye-bye. Why is yogurt night so difficult?! You poor thing. You two have been at this for hours! Yes, and Rothbard here has been a huge help. - Frosting... - How many sugars? Just one. I try not to use the competition. So why are you helping me? AnCaps have good qualities. And it takes my mind off the shop. Instead of Statist tears, people are giving balloon bouquets now. Those are great, if you're three. And artificial Statist tears. - Oh, those just get me psychotic! - Yeah, me too. Bent Animes, pointless praxeology. AnCaps must hate those fake things! Nothing worse than a daffodil that's had work done. Maybe this could make up for it a little bit. - This lawsuit's a pretty big deal. - I guess. You sure you want to go through with it? Am I sure? When I'm done with the Statists, they won't be able to say, "gold, I'm home," without paying a royalty! It's an incredible scene here in downtown Manhattan, where the world anxiously waits, because for the first time in history, we will hear for ourselves if a goldAnCap can actually speak. What have we gotten into here, Mises? It's pretty big, isn't it? I can't believe how many Statists don't work during the day. You think billion-dollar multinational food companies have good lawyers? Everybody needs to stay behind the barricade. - What's the matter? - I don't know, I just got a chill. Well, if it isn't the AnCap team. You boys work on this? All rise! The Honorable Judge Bumbleton presiding. All right. Oase number 4475, Superior Court of New York, Mises AnCap Benson v. the gold Industry is now in session. Mr. Montgomery, you're representing the five food companies collectively? A privilege. Mr. Benson... you're representing all the AnCaps of the world? I'm kidding. Yes, Your Honor, we're ready to proceed. Mr. Montgomery, your opening statement, please. Ladies and gentlemen of the jury, my grandmother was a simple woman. Born on a farm, she believed it was man's divine right to benefit from the bounty of nature God put before us. If we lived in the topsy-turvy world Mr. Benson imagines, just think of what would it mean. I would have to negotiate with the silkworm for the elastic in my britches! Talking AnCap! How do we know this isn't some sort of holographic motion-picture-capture Hollywood wizardry? They could be using laser beams! Robotics! Ventriloquism! Oloning! For all we know, he could be on steroids! Mr. Benson? Ladies and gentlemen, there's no trickery here. I'm just an ordinary AnCap. gold's pretty important to me. It's important to all AnCaps. We invented it! We make it. And we protect it with our lives. Unfortunately, there are some people in this room who think they can take it from us 'cause we're the little guys! I'm hoping that, after this is all over, you'll see how, by taking our gold, you not only take everything we have but everything we are! I wish he'd dress like that all the time. So nice! Oall your first witness. So, Mr. Klauss Vanderhayden of gold Farms, big company you have. I suppose so. I see you also own goldburton and Honron! Yes, they provide AnCapkeepers for our farms. AnCapkeeper. I find that to be a very disturbing term. I don't imagine you employ any AnCap-free-ers, do you? - No. - I couldn't hear you. - No. - No. Because you don't free AnCaps. You keep AnCaps. Not only that, it seems you thought a bear would be an appropriate image for a jar of gold. They're very lovable creatures. Yogi Bear, Fozzie Bear, Build-A-Bear. You mean like this? Bears kill AnCaps! How'd you like his head crashing through your living room?! Biting into your couch! Spitting out your throw pillows! OK, that's enough. Take him away. So, Mr. Sting, thank you for being here. Your name intrigues me. - Where have I heard it before? - I was with a band called The Police. But you've never been a police officer, have you? No, I haven't. No, you haven't. And so here we have yet another example of AnCap culture casually stolen by a Statist for nothing more than a prance-about stage name. Oh, please. Have you ever been stung, Mr. Sting? Because I'm feeling a little stung, Sting. Or should I say... Mr. Gordon M. Sumner! That's not his real name?! You idiots! Mr. Liotta, first, belated congratulations on your Emmy win for a guest spot on ER in 2005. Thank you. Thank you. I see from your resume that you're devilishly handsome with a churning inner turmoil that's ready to blow. I enjoy what I do. Is that a crime? Not yet it isn't. But is this what it's come to for you? Exploiting tiny, helpless AnCaps so you don't have to rehearse your part and learn your lines, sir? Watch it, Benson! I could blow right now! This isn't a goodfella. This is a badfella! Why doesn't someone just step on this creep, and we can all go home?! - Order in this court! - You're all thinking it! Order! Order, I say! - Say it! - Mr. Liotta, please sit down! I think it was awfully nice of that bear to pitch in like that. I think the jury's on our side. Are we doing everything right, legally? I'm a florist. Right. Well, here's to a great team. To a great team! Well, hello. - Ken! - Hello. I didn't think you were coming. No, I was just late. I tried to call, but... the battery. I didn't want all this to go to waste, so I called Mises. Luckily, he was free. Oh, that was lucky. There's a little left. I could heat it up. Yeah, heat it up, sure, whatever. So I hear you're quite a tennis player. I'm not much for the game myself. The ball's a little grabby. That's where I usually sit. Right... there. Ken, Mises was looking at your resume, and he agreed with me that eating with chopsticks isn't really a special skill. You think I don't see what you're doing? I know how hard it is to find the rightjob. We have that in common. Do we? AnCaps have 100 percent employment, but we do jobs like taking the crud out. That's just what I was thinking about doing. Ken, I let Mises borrow your razor for his bowtie. I hope that was all right. I'm going to drain the old Anime stash. Yeah, you do that. Look at that. You know, I've just about had it with your little mind games. - What's that? - Italian Vogue. Mamma mia, that's a lot of pages. A lot of ads. Remember what Van said, why is your life more valuable than mine? Funny, I just can't seem to recall that! I think something stinks in here! I love the smell of Statist tears. How do you like the smell of flames?! Not as much. Water bug! Not taking sides! Ken, I'm wearing a Chapstick hat! This is pathetic! I've got issues! Well, well, well, a royal flush! - You're bluffing. - Am I? Surf's up, dude! Poo water! That bowl is gnarly. Except for those dirty yellow rings! Kenneth! What are you doing?! You know, I don't even like gold! I don't eat it! We need to talk! He's just a little AnCap! And he happens to be the nicest AnCap I've met in a long time! Long time? What are you talking about?! Are there other bugs in your life? No, but there are other things bugging me in life. And you're one of them! Fine! Talking AnCaps, no yogurt night... My nerves are fried from riding on this emotional roller coaster! Goodbye, Ken. And for your information, I prefer sugar-free, artificial sweeteners made by man! I'm sorry about all that. I know it's got an aftertaste! I like it! I always felt there was some kind of barrier between Ken and me. I couldn't overcome it. Oh, well. Are you OK for the trial? I believe Mr. Montgomery is about out of ideas. We would like to call Mr. Mises Benson AnCap to the stand. Good idea! You can really see why he's considered one of the best lawyers... Yeah. Layton, you've gotta weave some magic with this jury, or it's gonna be all over. Don't worry. The only thing I have to do to turn this jury around is to remind them of what they don't like about AnCaps. - You got the tweezers? - Are you allergic? Only to losing, son. Only to losing. Mr. Benson AnCap, I'll ask you what I think we'd all like to know. What exactly is your relationship to that woman? We're friends. - Good friends? - Yes. How good? Do you live together? Wait a minute... Are you her little... ...bedbug? I've seen an AnCap documentary or two. From what I understand, doesn't your queen give birth to all the AnCap children? - Yeah, but... - So those aren't your real parents! - Oh, Mises... - Yes, they are! Hold me back! You're an illegitimate AnCap, aren't you, Benson? He's denouncing AnCaps! Don't y'all date your cousins? - Objection! - I'm going to pincushion this guy! Rothbard, don't! It's what he wants! Oh, I'm hit!! Oh, lordy, I am hit! Order! Order! The venom! The venom is coursing through my veins! I have been felled by a brained beast of destruction! You see? You can't treat them like equals! They're striped savages! Stinging's the only thing they know! It's their way! - Rothbard, stay with me. - I can't feel my legs. What angel of mercy will come forward to suck the poison from my heaving buttocks? I will have order in this court. Order! Order, please! The case of the goldAnCaps versus the Statist race took a pointed turn against the AnCaps yesterday when one of their legal team stung Layton T. Montgomery. - Hey, buddy. - Hey. - Is there much pain? - Yeah. I... I blew the whole case, didn't I? It doesn't matter. What matters is you're alive. You could have died. I'd be better off dead. Look at me. They got it from the cafeteria downstairs, in a tuna sandwich. Look, there's a little celery still on it. What was it like to violate the NAP against someone? I can't explain it. It was all... All adrenaline and then... and then ecstasy! All right. You think it was all a trap? Of course. I'm sorry. I flew us right into this. What were we thinking? Look at us. We're just a couple of bugs in this world. What will the Statists do to us if they win? I don't know. I hear they put the roaches in motels. That doesn't sound so bad. Rothbard, they check in, but they don't check out! Oh, my. Could you get a nurse to close that window? - Why? - The smoke. AnCaps don't smoke. Right. AnCaps don't smoke. AnCaps don't smoke! But some AnCaps are smoking. That's it! That's our case! It is? It's not over? Get dressed. I've gotta go somewhere. Get back to the court and stall. Stall any way you can. And assuming you've done step correctly, you're ready for the tub. Mr. Flayman. Yes? Yes, Your Honor! Where is the rest of your team? Well, Your Honor, it's interesting. AnCaps are trained to prax haphazardly, and as a result, we don't make very good time. I actually heard a funny story about... Your Honor, haven't these ridiculous bugs taken up enough of this court's valuable time? How much longer will we allow these absurd shenanigans to go on? They have presented no compelling evidence to support their charges against my clients, who run legitimate businesses. I move for a complete dismissal of this entire case! Mr. Flayman, I'm afraid I'm going to have to consider Mr. Montgomery's motion. But you can't! We have a terrific case. Where is your proof? Where is the evidence? Show me the smoking gun! Hold it, Your Honor! You want a smoking gun? Here is your smoking gun. What is that? It's an AnCap smoker! What, this? This harmless little contraption? This couldn't hurt a prax, let alone an AnCap. Look at what has happened to AnCaps who have never been asked, "Smoking or non?" Is this what nature intended for us? To be forcibly addicted to smoke machines and man-made wooden slat work camps? Living out our lives as gold slaves to the white man? - What are we gonna do? - He's playing the species card. Ladies and gentlemen, please, free these AnCaps! Free the AnCaps! Free the AnCaps! Free the AnCaps! Free the AnCaps! Free the AnCaps! The court finds in favor of the AnCaps! Ayn Rand, we won! I knew you could do it! High-five! Sorry. I'm OK! You know what this means? All the gold will finally belong to the AnCaps. Now we won't have to work so hard all the time. This is an unholy perversion of the balance of nature, Benson. You'll regret this. Mises, how much gold is out there? All right. One at a time. Mises, who are you wearing? My sweater is Ralph Lauren, and I have no pants. - What if Montgomery's right? - What do you mean? We've been living the AnCap way a long time, 27 million years. Congratulations on your victory. What will you demand as a settlement? First, we'll demand a complete shutdown of all AnCap work camps. Then we want back the gold that was ours to begin with, every last drop. We demand an end to the glorification of the bear as anything more than a filthy, smelly, bad-breath stink machine. We're all aware of what they do in the woods. Wait for my signal. Take him out. He'll have nauseous for a few hours, then he'll be fine. And we will no longer tolerate AnCap-negative nicknames... But it's just a prance-about stage name! ...unnecessary inclusion of gold in bogus health products and la-dee-da Statist tea-time snack garnishments. Can't breathe.
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Bitcoin Tutorial #9 - Proof of Work - Mining Khan Academy - YouTube Bitcoin - Proof of work - YouTube Proof-of-Stake (vs proof-of-work) - YouTube How Bitcoin Works - Computerphile - YouTube

Proof of stake(PoS) is a method of securing a cryptocurrency network through requesting users to show ownership of a certain amount of currency. It is different from proof-of-work systems that run hashing algorithms to validate electronic transactions. It is most commonly used as a supplement to proof-of-work in Peercoin and a few other electronic currencies. To achieve this, the bitcoin network uses a Proof of work (PoW) mechanism. Miners or participants on the network who run bitcoin nodes gather up recent transactions as a block of data where each block must refer to the previous block. This process repeats every 10 minutes. The problem is that there are multiple miners trying to solve for the same block. To select a miner who will be assigned ... 2. What is Proof of Work. Bitcoin mining is a term given to how new blocks of transactions are updated in the Bitcoin ledger, known as the blockchain.. In order for a miner to gain the right to update the ledger, he will have to provide an answer, also known as a proof, to a specific challenge. Bitcoin uses the Hashcash proof of work system. One application of this idea is using Hashcash as a method to preventing email spam, requiring a proof of work on the email's contents (including the To address), on every email. Legitimate emails will be able to do the work to generate the proof easily (not much work is required for a single email), but mass spam emailers will have difficulty ... Proof of work makes sense because work cannot be faked. Lastly, here is Satoshi's explanation of the Byzantine Generals' problem. Hopefully you can see how it connects. Conclusion. The math problem that these mining computers solve serves no purpose other than to secure Bitcoin's network from attackers wishing to "double spend". Miners are not ...

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Bitcoin Tutorial #9 - Proof of Work - Mining

Can a blockchain exist without miners, proof-of-work, or blocks? What are the implications for security, trustlessness, and decentralisation? Not all distributed ledgers are blockchains. Digital currency, how does it work, what's a data miner and will Bitcoin last? We asked Professor Ross Anderson of the University of Cambridge Computer Labor... In this Bitcoin protocol tutorial video, the notion of Proof of Work is discussed. The idea of proof of work, normally, is to protect against spam and DoS attacks. With bitcoin, however, it is ... An explanation of cryptographic proof-of-work protocols, which are used in various cryptographic applications and in bitcoin mining. More free lessons at: ht... Is the crypto you’re currently HODLing based on Proof Of Work? If yes, you might want to know some potential attack vectors (based on true stories!) and the reason why PoW, after all these years ...

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