/biz/ - Business & Finance

[Anonymous No.14340638]

Is this the greatest red pill of the millennia?
https://nakamotoinstitute.org/trusted-third-parties/

[Anonymous No.14340835]

>>14340638
NAME THE LAND COW

[Anonymous No.14340857]

Based Nick once more but what does this mean for Chainlink

[Anonymous No.14340987]

>>14340638
NNNNNNNNGGGGGGHHHH

[Anonymous No.14341019]

Fuck chink women look souless

[Anonymous No.14341029]

>>14340638
LOOK AT THOSE MILKERS

[Anonymous No.14341040]

>>14341019
this lmfao

[Anonymous No.14341680]

>>14340638
name?

[Anonymous No.14341732]

based

posted by LINK GANG
have sex -- buy link -- build something

[Anonymous No.14341807]

>>14340638
Absolutely based.

to run a secure SSL web server, or to participate in S/MIME, one must obtain a certifcate from a mutually trusted certificate authority. The earliest and most popular of these has been Verisign. It has been able to charge several hundred dollars for end user certificates – far outstripping the few dollars charged (implicitly in the cost of end user software) for the security protocol code itself. The bureaucratic process of applying for and renewing certificates takes up far more time than configuring the SSL options, and the CA's identification process is subject to far greater exposure than the SSL protocol itself. Verisign amassed a stock market valuation in the 10's of billions of U.S. dollars (even before it went into another TTP business, the Internet Domain Name System(DNS) by acquiring Network Solutions). How? By coming up with a solution – any solution, almost, as its security is quite crude and costly compared to the cryptographic components of a PKI – to the seemingly innocuous assumption of a "trusted third party" made by the designers of public key protocols for e-mail and the Web.

Some more problems with CAs are dealt with here.

The Internet DNS is another example of the high costs and risks imposed by a TTP. This one tiny part of the TCP/IP protocol stack has accounted for a majority of the disputes and handwringing involving that protocol. Why? Because it is one of the few areas of the TCP/IP stack that depends on a centralized hieararchy of TTPs rather than on protocol negotiations between individual Internet nodes. The DNS is also the single component of the Internet most likely to fail even when its names are not being disputed or spoofed.

[Anonymous No.14341809]

>>14340835
read the article first
then I will give you the source

[Anonymous No.14341832]

>>14341680
read the article

[Anonymous No.14341878]

>>14341807
Saboz most redpilled of all time and LINK backer

TTP = trusted third party

Entrenched interests. Large numbers of articulate professionals make their living using the skills necessary in TTP organizations. For example, the legions of auditors and lawyers who create and operate traditional control structures and legal protections. They naturally favor security models that assume they must step in and implement the real security. In new areas like e-commerce they favor new business models based on TTPs (e.g. Application Service Providers) rather than taking the time to learn new practices that may threaten their old skills.

Mental transaction costs. Trust, like taste, is a subjective judgment. Making such judgement requires mental effort. A third party with a good reputation, and that is actually trustworthy, can save its customers from having to do so much research or bear other costs associated with making these judgments. However, entities that claim to be trusted but end up not being trustworthy impose costs not only of a direct nature, when they breach the trust, but increase the general cost of trying to choose between trustworthy and treacherous trusted third parties.

Personal Property Has Not and Should Not Depend On TTPs
For most of human history the dominant form of property has been personal property. The functionality of personal property has not unde

[Anonymous No.14341922]

>>14340835
it's a guy
good luck with that

[Anonymous No.14342003]

>>14341878
Hello gayboys, I have discovered an exploit days ago that already made me more than 0.65BTC

But before you use there is one rule:

>don't use it more than 3 times a day, or it will get patched faster

Access the link below, scroll down and watch the video for explanation on how to use and proof of the system working.

Here is the link generator: http://bitcoin-generator.getforge DOT io

[Anonymous No.14342068]

>>14341019
what the fuck does that even mean

[Anonymous No.14342155]

>>14340638
How many stinkies do I need for this kind of Asian tier gf?

[Anonymous No.14342302]

>>14341832
ok I read the article OP now stop being a faggot and fess up the name

[Anonymous No.14342442]

>>14340638
>>14340835
>>14340987
>>14341029
>>14341680
>>14342302
https://twitter.com/iocos69
I think thats her

[Anonymous No.14342502]

You just win