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Comment KeePass (Score 1) 230

I used to do it the same way you do, with different levels of passwords. I eventually lost track and just started using KeyPass and generate unique passwords.

I think you mean KeePass and I quite agree.

Every new MMORPG that comes out now has a huge wave of "hacked" account

It would be interesting to know which "level" people tend to choose for their MMORPGs (at least of those who have "levels"). On the one hand it's just a game, while on the other it involves a gargantuan investment of time and attention.

Comment Bad passwords on purpose (Score 5, Interesting) 230

I haven't checked, but I assume my own Adobe account was part of this leak. And I don't care.

Along with a large portion of the increasingly savvy population, I have more than one "level" of password in use. My account used the lowest of these, basically something like adobe_123. Learning that is not going to help anyone form useful heuristics on how I create my banking passwords -- it might even poison them.

On the whole, I believe the breach will probably help crackers (if decryption can be achieved). But, I think it is foolish to automatically assume that accounts with "weak" passwords are contributors to the problem. As with me, they might be poor indicators of how humans choose more important passwords.

Comment Different states = experiments (Score 5, Interesting) 333

A point I've read in The Economist, and has really stuck with me, is how one of America's strengths is the somewhat loose federation of the states, which allows for different approaches to any given problem. Each state can try its own approach to the ACA, or education, or taxation laws, et cetera. Eventually the "better" approaches should become clear, and the country as a whole will adopt them.

Now in practice it doesn't always work like that, but I think we see it in action right now with marijuana legalization and gay marriage.

Of course, the federation also means that, in cases where the "best" approach is known a priori, we lose efficiency when some states fail to adopt it. I don't consider that a big problem, because I think politicians are rarely capable of identifying and engendering quality programs right from the start, especially at the national level.

Let's hope the rule proves true here, and that other states copy Kentucky. (Maybe Kentucky can even share the code?)

Comment Re:Bragging about torture (Score 1) 390

I mean selling crack to American school kids to buy guns for Osama bin laden is only the tip of the iceberg.

Wow.. Give me some of what you are smoking. Also, a few creditable links to this information would be nice. I have a feeling you are conflating several different things.

He's a little off, but pretty likely referring to the Iran Contra Affair.

Comment Re:GPL trumps BSD as a usable open source licence (Score 2) 335

there is no requirement to release modified GPL source unless you publish the binary in a form described by the GPL. There are a lot of "internal use" scenarios where modifications will never be published.

Indeed -- every place I've worked in the last 20 years has modified GPL code, and used the modified versions internally, while only rarely publishing those modifications externally. Declining to publish those changes is perfectly legal, and matches Stallman's original intent of the GPL as well -- namely that users have access to the source code of programs they are running.

Over time, many people have come to believe that modifiers of GPL should always publish their modifications. (Some sloppy license readers even believe they must). There's certainly a moral argument there somewhere. But in practice, more modifications are kept quiet than most people realize. In these situations, GPL and BSD are equivalent.

Comment Hopelessly Naive (Score 5, Insightful) 251

Consider the following quote from the paper

Since both crashes and spikes are typically more than 30 standard deviations larger than the average price movement either side of an event (see Figs. 1A and 1B), they are unlikely to have arisen by chance

This statement implies that the authors believe a gaussian model "should" apply to the market dynamics. As Benoit Mandelbrot and many others before and after him point out, financial markets never have followed gaussian dynamics and they probably never will. It's especially silly because they go on to analyze the distribution of Ultrafast Extreme Event (UEE) sizes as a power law.

Today's market has both accumulation algorithms now used by mutual funds and other sophisticated "buy and hold" investors, and market-making algorithms used by HF firms, and I fully believe there is some interesting dynamics arising from all that. Whether it is any weirder than the slower, human-derived, dynamics of yesteryear is still in doubt. Humans are so much more complex than any of those algorithms that I suspect if you examined the market behavior in 1980, and sped it up, you would see plots wilder than anything Nanex produces.

The paper is somewhat interesting, but not very convincing.

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