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Title: [2014-03-18] New Bitcoin glitch: Blockchain suffers hours-long outage Post by: seriouscoin on March 19, 2014, 01:30:06 AM Yup i made you click to read this ridiculous article:
http://news.cnet.com/8301-1023_3-57620465-93/new-bitcoin-glitch-blockchain-suffers-hours-long-outage/ Title: Re: NEW Bitcoin glitch.... Blockchain is down! Post by: roslinpl on March 19, 2014, 01:36:33 AM Yup i made you click to read this ridiculous article: http://news.cnet.com/8301-1023_3-57620465-93/new-bitcoin-glitch-blockchain-suffers-hours-long-outage/ Quote With the high-profile collapse of Bitcoin exchange site Mt. Gox in February and then Flexcoin's failure earlier in March, Bitcoin backers could be forgiven for fretting about the fate of their virtual currency. Blockchain servers house nearly 1.4 million bitcoin wallets, but the company says the access problem is only a temporary glitch -- albeit one that's lasted more than 16 hours so far. (...) Omg ... this guy is crazy - he mentioned Mt Gox , FlexCoin and a BlockChain in one article :P Perhaps he wanted to get more views. Article is ridiculous. Title: Re: NEW Bitcoin glitch.... Blockchain is down! Post by: bitbouillion on March 19, 2014, 01:38:26 AM http://blockexplorer.com/ is up and running. My node is fine too. I see no blockchain outage.
Title: Re: NEW Bitcoin glitch.... Blockchain is down! Post by: Carlton Banks on March 19, 2014, 02:50:42 AM And of course, blockchain.info does not hold anyone's money, as their system is designed so that the private keys are held client-side on the users machine, not on the blockchain.info servers as the article states. I think everyone here knew this already, though.
Title: Re: NEW Bitcoin glitch.... Blockchain is down! Post by: seriouscoin on March 19, 2014, 03:17:39 AM http://blockexplorer.com/ is up and running. My node is fine too. I see no blockchain outage. Dont we love these FUDs by media? I'm actually sick of these so called tech editor.....How can we even read their articles? Title: Re: NEW Bitcoin glitch.... Blockchain is down! Post by: kjlimo on March 19, 2014, 01:25:01 PM And of course, blockchain.info does not hold anyone's money, as their system is designed so that the private keys are held client-side on the users machine, not on the blockchain.info servers as the article states. I think everyone here knew this already, though. Does that mean if I reformat all of the computers I've accessed my blockchain.info account (including my phone), then I lose the bitcoins in my account? I've heard your explanation plenty of times, but I don't technically understand it... I'm part of the morons who are relying upon blockchain for my "spending wallet" which isn't too much, but would suck if I lost it. Title: Re: NEW Bitcoin glitch.... Blockchain is down! Post by: cr1776 on March 19, 2014, 01:50:21 PM And of course, blockchain.info does not hold anyone's money, as their system is designed so that the private keys are held client-side on the users machine, not on the blockchain.info servers as the article states. I think everyone here knew this already, though. Does that mean if I reformat all of the computers I've accessed my blockchain.info account (including my phone), then I lose the bitcoins in my account? I've heard your explanation plenty of times, but I don't technically understand it... I'm part of the morons who are relying upon blockchain for my "spending wallet" which isn't too much, but would suck if I lost it. These links have a good explanation of it, better than I could explain (or type!) here, but you want to (a) keep a local (encrypted) backup just in case, and (b) if you know the blockchain.info password, they have it stored at AWS as their backup: https://blockchain.info/wallet/how-it-works And here: https://blockchain.info/wallet/wallet-faq :-) Title: Re: NEW Bitcoin glitch.... Blockchain is down! Post by: kjlimo on March 19, 2014, 03:13:17 PM And of course, blockchain.info does not hold anyone's money, as their system is designed so that the private keys are held client-side on the users machine, not on the blockchain.info servers as the article states. I think everyone here knew this already, though. Does that mean if I reformat all of the computers I've accessed my blockchain.info account (including my phone), then I lose the bitcoins in my account? I've heard your explanation plenty of times, but I don't technically understand it... I'm part of the morons who are relying upon blockchain for my "spending wallet" which isn't too much, but would suck if I lost it. These links have a good explanation of it, better than I could explain (or type!) here, but you want to (a) keep a local (encrypted) backup just in case, and (b) if you know the blockchain.info password, they have it stored at AWS as their backup: https://blockchain.info/wallet/how-it-works And here: https://blockchain.info/wallet/wallet-faq :-) Thanks lots; that's perfect! Title: Re: NEW Bitcoin glitch.... Blockchain is down! Post by: the_poet on March 19, 2014, 04:20:51 PM And of course, blockchain.info does not hold anyone's money, as their system is designed so that the private keys are held client-side on the users machine, not on the blockchain.info servers as the article states. I think everyone here knew this already, though. Does that mean if I reformat all of the computers I've accessed my blockchain.info account (including my phone), then I lose the bitcoins in my account? I've heard your explanation plenty of times, but I don't technically understand it... I'm part of the morons who are relying upon blockchain for my "spending wallet" which isn't too much, but would suck if I lost it. These links have a good explanation of it, better than I could explain (or type!) here, but you want to (a) keep a local (encrypted) backup just in case, and (b) if you know the blockchain.info password, they have it stored at AWS as their backup: https://blockchain.info/wallet/how-it-works And here: https://blockchain.info/wallet/wallet-faq :-) Thanks for the links, but I'm still uncertain as to what the answer to kjlimo's question is. Where are the priv keys used by Blockchain.info stored on my HDD? And will I lose my wallet if I reformat the systems I accessed Blockchain.info from? Thanks for the patience :) Title: Re: NEW Bitcoin glitch.... Blockchain is down! Post by: flower1024 on March 19, 2014, 04:48:40 PM And of course, blockchain.info does not hold anyone's money, as their system is designed so that the private keys are held client-side on the users machine, not on the blockchain.info servers as the article states. I think everyone here knew this already, though. Does that mean if I reformat all of the computers I've accessed my blockchain.info account (including my phone), then I lose the bitcoins in my account? I've heard your explanation plenty of times, but I don't technically understand it... I'm part of the morons who are relying upon blockchain for my "spending wallet" which isn't too much, but would suck if I lost it. the keys are on their servers, but encrypted with your password. i'd strongly recommend their email or dropbox backup Title: Re: NEW Bitcoin glitch.... Blockchain is down! Post by: seriouscoin on March 19, 2014, 07:04:58 PM And of course, blockchain.info does not hold anyone's money, as their system is designed so that the private keys are held client-side on the users machine, not on the blockchain.info servers as the article states. I think everyone here knew this already, though. Does that mean if I reformat all of the computers I've accessed my blockchain.info account (including my phone), then I lose the bitcoins in my account? I've heard your explanation plenty of times, but I don't technically understand it... I'm part of the morons who are relying upon blockchain for my "spending wallet" which isn't too much, but would suck if I lost it. the keys are on their servers, but encrypted with your password. i'd strongly recommend their email or dropbox backup yup, they dont store any password, just encrypted data. If you lose your passwd, you will lose all your btc. Title: Re: NEW Bitcoin glitch.... Blockchain is down! Post by: Dimelord on March 19, 2014, 07:10:46 PM That article is the BitShit of the day. ::)
Title: Re: NEW Bitcoin glitch.... Blockchain is down! Post by: westkybitcoins on March 20, 2014, 02:56:06 AM And of course, blockchain.info does not hold anyone's money, as their system is designed so that the private keys are held client-side on the users machine, not on the blockchain.info servers as the article states. I think everyone here knew this already, though. Does that mean if I reformat all of the computers I've accessed my blockchain.info account (including my phone), then I lose the bitcoins in my account? I've heard your explanation plenty of times, but I don't technically understand it... I'm part of the morons who are relying upon blockchain for my "spending wallet" which isn't too much, but would suck if I lost it. I believe Blockchain lets you create a local backup. I would strongly recommend it, even a paper backup if they allow it. Title: Re: NEW Bitcoin glitch.... Blockchain is down! Post by: Gabi on March 20, 2014, 01:15:47 PM And of course, blockchain.info does not hold anyone's money, as their system is designed so that the private keys are held client-side on the users machine, not on the blockchain.info servers as the article states. I think everyone here knew this already, though. Does that mean if I reformat all of the computers I've accessed my blockchain.info account (including my phone), then I lose the bitcoins in my account? I've heard your explanation plenty of times, but I don't technically understand it... I'm part of the morons who are relying upon blockchain for my "spending wallet" which isn't too much, but would suck if I lost it. Title: Re: NEW Bitcoin glitch.... Blockchain is down! Post by: Agent99 on March 20, 2014, 07:30:14 PM It was down again yestoday! it was 25 min period it was down and it was 25 min I was nervous :-[
Title: Re: NEW Bitcoin glitch.... Blockchain is down! Post by: the_poet on March 20, 2014, 08:11:47 PM It was down again yestoday! it was 25 min period it was down and it was 25 min I was nervous :-[ ...and then a big red message showed up on the homepage: "All your bitcoins are belong to us"! Relax guys! :D Title: Re: NEW Bitcoin glitch.... Blockchain is down! Post by: westkybitcoins on March 20, 2014, 08:15:09 PM It was down again yestoday! it was 25 min period it was down and it was 25 min I was nervous :-[ ...and then a big red message showed up on the homepage: "All your bitcoins are belong to us"! Relax guys! :D Or rather, harsh as it may come across... learn a little about the technology you're dropping your money into! Title: Re: [2014-03-18] New Bitcoin glitch: Blockchain suffers hours-long outage Post by: BigBrother on March 21, 2014, 12:25:22 PM Blockchainhas was down but for a short period of time . Still it's not ok that it has happened but there is no system that work without any problems! We should remember that Blockchain has been working very good for a long time and no dubt it is going to work well in future!
Btw, agree the article is ridiculous Title: Re: [2014-03-18] New Bitcoin glitch: Blockchain suffers hours-long outage Post by: freedomno1 on March 22, 2014, 10:16:46 PM Sigh swear these journalists have a destroy bitcoin agenda with inaccuarate propaganda aka not a bitcoin glitch but a blockchain one or are too much in a shell to care otherwise
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