Bitcoin Forum
August 09, 2024, 10:37:01 AM *
News: Latest Bitcoin Core release: 27.1 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 466 467 468 469 470 471 472 473 474 475 476 477 478 479 480 481 482 483 484 485 486 487 488 489 490 491 492 493 494 495 496 497 498 499 500 501 502 503 504 505 506 507 508 509 510 511 512 513 514 515 [516] 517 518 519 520 521 522 523 524 525 526 527 528 529 530 531 532 533 534 535 536 537 538 539 540 541 542 543 544 545 546 547 548 549 550 551 552 553 554 555 556 557 558 559 560 561 562 563 564 565 566 ... 800 »
10301  Economy / Economics / Re: Current Bitcoin inflation rate = 35%. Price = stable on: April 10, 2012, 03:33:35 AM
Ok. Inflation experts. Correct me if wrong.

Inflation is the rise in prices of products. This occurs two ways. The scarcity of the resource wanted increases with the demand for said resource. And/Or increase the money supply. (i.e. print more money)

Inflation can be one, either, or a combination of both.

Just how I see it. I maybe wrong though.

Generally speaking no. 

Scarcity of a product isn't inflation.  It simply is supply and demand.

One def on inflation is expanding monetary base.  Regardless of price of products if the money supply expands 5% you have 5% inflation.

Another def of inflation is a PERSISTENT RISE in GENERAL LEVEL of prices.  One product going up in price isn't inflation.  If all products (on average) are rising in price it isn't because of a rise in demand it is because the amount of money has expanded faster than the available goods & services.  Each unit of currency is worth less thus is requires more to get same amount of goods.

Scarcity driven price increases isn't inflation.  If a war with Iran broke out and oil spiked to $400 per barrel we wouldn't say we have 400% inflation.  Scarcity can drive prices up irregardless of inflation just as a lack of demand for a particular product can drive prices down.

The only "debate" on inflation is:
a) inflation = rate of monetary expansion

vs

b) inflation = rate of monetary expansion / rate of economic expansion
10302  Bitcoin / Pools / Re: [360GH/s] p2pool: Decentralized, DoS-resistant, Hop-Proof pool on: April 10, 2012, 12:16:44 AM
Address is currently unknown though.

"specify that address using the command line when you run the p2pool node using the -a parameter"

then it won't be unknown.  If you have it setup for dynamic address it will change everytime p2pool restarts so even if you figure it out it will be different next time.  Just follow the recommendation.  STOP p2pool, start it with -a (payout address) parameter.  Then you will always know what it is.
10303  Bitcoin / Mining support / Re: blocks & pools IP Address on: April 09, 2012, 10:37:55 PM
The simple answer is "no".

The more complex answer is that the relay address is just that.  The first node seen by blockchain.info to broadcast the block.  If your pool (or you as a solo miner) didn't want to be seen you could simply ensure your node never connects to blockchain.info and instead only connects to other miners so that they will be the IP address seen by blockchain.info.  The "mystery" bot miner did this.

10304  Bitcoin / Bitcoin Discussion / Re: Hashing calculator on: April 09, 2012, 08:53:05 PM
Yesterday I reported 5 post of some dude who was spreading trojans, today I'll report this one...

Idea for the forum: Mandatory Virustotal links in every binary posted.

Virustotal gives the file hash, so it's easy to verify if it's the same file as the results without even uploading it.

BTW, VirusTotal says this one is clean. But maybe it's just well disguised and probably AV's won't detect anything if it's a plain wallet stealer Cheesy
https://www.virustotal.com/file/cf38a8ef2ed2845b44afce6ecc9eec91227a0d3f0f970d2615cf2b758a373f40/analysis/1334000526/

Just in case... Anubis analysis here: http://anubis.iseclab.org/?action=result&task_id=150e68020e0140b94bdeb5b39fdf36aab&format=html
Notice the screenshot at the bottom where the only thing that file does is a "File is Corrupt" window, which is strangely similar to what trojan installers do... Click 2 times, File is Corrupt, you got owned...

Now wait for the moderator to delete the post

From the analysis link.

Quote
PIPE\lsarpc

What does a bitcoin caclulator need access to Local Security Authority Subsystem Service in Windows?

http://en.wikipedia.org/wiki/Local_Security_Authority_Subsystem_Service

10305  Bitcoin / Mining support / Re: blocks & pools IP Address on: April 09, 2012, 08:46:18 PM
If I understand solo mining correctly then your IP address is recored as part of the block chain but what happens if your a member of a pool? Is any information stored in the block chain that can lead back to the original miner's IP?



no IP addresses are stored in the blockchain.  Solo miner or pool. 
10306  Economy / Services / Re: Gigamining / Teramining on: April 09, 2012, 07:54:41 PM
A BFL Single has more than 5 times that hash power per cash.

You sure about that.   A BFL single gets 25 MH/ BTC or ~5 MH/$?  Sweet.  I need to buy me some of those $166 BFL Singles.

BTW I don't own any of giga's bonds and I don't intend on buying them at 5MH/BTC but your conclusions are ... off.
10307  Economy / Services / Re: Gigamining / Teramining on: April 09, 2012, 07:51:48 PM
But is this deal 1 btc per MHash really something people would throw themself at? What am I missing? Smiley

Just think a deal for 5 MH/s for the same 1 BTC would be 500% better?  Would you be interested in that deal?

If 1 MH/s for 1 BTC is good then 5 MH/s for 1 BTC must be insanely good.
10308  Other / Meta / Re: What happened to https://bitcointalk.org? on: April 09, 2012, 07:40:49 PM
Any user linking to an image on another site.


10309  Other / Meta / Re: What happened to https://bitcointalk.org? on: April 09, 2012, 07:38:20 PM
my just got fixed with green https://

i didn't do a thing....

You aren't reading.

If there is an image on the page NOT hosted by bitcointalk.org chrome will warn you by showing slash through the  https.

Nothing was fixed and nothing is broken.  Chrome is correctly indicating a page is not completely secure as some of the content comes form an insecure 3rd party.
10310  Bitcoin / Bitcoin Discussion / Re: Hashing calculator on: April 09, 2012, 07:30:38 PM
Hmm scammer with small number of posts providing links to unknown binaries.

Plenty of web based claculators.  Installing unknown binaries from an untrusted source generally isn't a good idea.
10311  Bitcoin / Project Development / Re: LinuxCoin A lightweight Debian based OS with everything ready to go. on: April 09, 2012, 07:22:30 PM
No but just can't be bothered to go through the hassle. I've lost half the stuff and the rest is trivial. It's there if you want to pull it apart and if it was some big ass attempt to steal coins I'd of milked it by now. It's nice to see people still using it and also glad not to hear any stories about loosing bitcoins stored using linuxcoin.

To tell you the truth I'm surprised no one else took it on :/ Anyway I'm leaving the site live at my cost and traffic just on my server alone is in the terabytes. 

That was never the main reason.  The main reason for open source is to avoid duplication of work.  When you gave up on the project had it been open source someone could have taken over where you left off.

Without the source there is no "taking over".  It is more like "I am surprised nobody started over from scratch to make an alternative".  Well they did there are numerous Bitcoin niche distros that started from scratch.
10312  Bitcoin / Project Development / Re: LinuxCoin A lightweight Debian based OS with everything ready to go. on: April 09, 2012, 07:03:54 PM
I haven't refused to release the source code  Tongue Just lost interest in bitcoins Cheesy

Those aren't mutually exclusive.
10313  Economy / Economics / Re: BITCOIN ATM MACHINES on: April 09, 2012, 07:02:09 PM
Send coins to the machine from your phone, get USD cash. Doesn't even need to wait for confirmations.

I am usually the one telling people that needing confirmations for all tx is silly.  Especially low value reversible ones.

That being said I have to think a 0-confirm ATM is likely a bankrupt ATM. 
Double spend = free money (literally). 

The defense of a double spend comes from the cost and complexity necessary to achieve it.   It likely isn't worth it to try and double spend a porn site or a McDonald's cheeseburger but I have think think double spending free cash is an attractive target.  Likely the most attractive target.
10314  Bitcoin / Pools / Re: [360GH/s] p2pool: Decentralized, DoS-resistant, Hop-Proof pool on: April 09, 2012, 06:35:10 PM
Any particular reason why not?  It seems like the absolute easiest system for a newbie windows miner would be a simple one piece program that you install and it gives you the p2pool program, a wallet, bitcoind, and a usable GUI with info such as current payout, total mined, wallet balance, mined per day, perhaps even integrate a miner if that is possible.  Such that you just install the program using all defaults, run the .exe and you are mining.  If you don't want to use the included wallet and wallet functionality, you can use the equivalent of the -a command and use your own wallet located wherever.

Duplicated work, security, and the fact that bitcoind is in beta (v 0.6).  

Every time there is a change to bitcoind, p2pool developers would need to spend time figuring out what the change it, how to integrate it into bitcoind/p2pool hybrid.  bitcoind exposes JSON for a reason to allow integration without requiring a custom hybrid application.

Making a GUI or web dashboard for p2pool is currently possible.  If a static address is used you can even lookup total revenue via blockchain.info. You could also lookup low level miner stats via cgminer JSON API.  Someone just needs to do it.

Lastly making p2pool friendly to complete noobs is likely futile.  As p2pool grows it becomes less attractive to tiny noob miners no matter how easy the code becomes.  So building robust tools which are attractive to medium sized miners is likely a better use of resources.
10315  Economy / Marketplace / Re: MPEx soon out of beta. on: April 09, 2012, 06:23:25 PM
You flaw is you assume just having a cover means you will have the "tip of the cone" while other services without a cover won't.

That isn't proven.   If anything a cover with insufficient liquidity will simply mean less of the "tip of the cone" will even make any account much less trade.

Now if someone like MtGox decided they wanted to specialize in large money accounts and decided to implement a annual fee and flatter pricing (1BTC + 0.1% per trade)  they likely could get away with it especially if they used that annual fee to improve customer service.  They already have a premium service and likely could retain the "big money".  Their change in pricing would drive out the small accounts and allow them to focus on larger accounts.  Now it may not be optimal but they could do it.

TL/DR:
Simply putting a $100 cover on a cardboard box isn't likely to make the "club" swarming with hot chicks.

I mean if $100 cover alone somehow attracts the big money then a  $10,000 cover should work even better right?

Best of luck in your marketplace though having competition is always good.
10316  Economy / Speculation / Re: wow, bitcoin's astro birth chart is full on! on: April 09, 2012, 06:04:26 PM
I assume that, since the genesis block was pregenerated, it doesn't have an "origin IP" as most blocks do today?

No block records the origin IP address.  Some tools show the first IP address from which they first saw a block but that is just the first IP address that the node is aware of that relayed the block.   The IP address of a block's origin can never be definitively confirmed.
10317  Bitcoin / Bitcoin Technical Support / Re: Compacting/Pruning the blockchain on: April 09, 2012, 06:00:02 PM
To answer you question there are no tools yet to support pruning the blockchain.

One thing to be aware if you can't just prune tx older than x days.  You can only prune tx which have been "spent" (used as an input in some subsequent tx).

The oldest spendable coinbase reward has never been spent (block #1, due to a bug the genesis block can never be spent).  If you pruned that tx and tomorrow someone used it in a tx your node wouldn't be able to validate that tx.  Worse it would consider that tx invalid and thus the block that includes it invalid too.   By incorrectly invalidating that block (and every block built on top of it) your node would be forked from the main chain forever.

Simple version:
No and even if/when they exist you will only be able to prune spent outputs.
10318  Bitcoin / Development & Technical Discussion / Re: Poker and the shared pot at the table in a decentralised network on: April 09, 2012, 05:48:49 PM
Sounds great. Yes, please post here.
It will be free software, right?

I'd be glad to license the patent if someone works out the rest!

Even if it is "free" as in free beer it won't be "free" as in free speech.
10319  Bitcoin / Mining support / Re: More than 2 gpu's in linux on: April 09, 2012, 05:46:07 PM
Yeah, maybe it is. But it happens on multiple machines with different configurations, even on the same machine if I add/remove card. I have spent a lot of time researching why, but just gave up. I blame this to aticonfig. cgminer shows clock correctly. Aticonfig doesn't. In the same shell & environment. Maybe I should add --use-darker-magic-kind-of-switch, but I don't know it and don't really care anymore :-)

No darker magic.  When you change cards you need to rebuild xorg config.  

The --initial param ONLY changes xorg for the sections which are invalid.  If they are valid but wrong (like when swapping cards in and out) it will not make ANY change to that section.

"-f" forces a change.  It makes aticonfig blow away the entire xorg config file and rebuild it regardless of it is valid or not on the next reboot.

Code:
aticonfig --adapter=all --initial -f

Yes if AMD had any brains they would remove the -f param and make --initial perform as --initial -f does now but that likely is never happening.
10320  Bitcoin / Pools / Re: [360GH/s] p2pool: Decentralized, DoS-resistant, Hop-Proof pool on: April 09, 2012, 05:31:54 PM
I was talking about the balance on the bitcoin wallet that bitcoind is running from.  Since you can't run the wallet simultaneously, the only way to find the balance is to stop mining briefly and open up the wallet.  If the p2pool occasionally showed the balance of the wallet in it's output this wouldn't be an issue.  Of course, I learned about the -a option later which makes this obsolete, maybe some people don't run with -a for various reasons and would like to know their balance with stopping the miners and bitcoind?

You can use either bitcoind or bitcoin-qt (GUI) while mining w/ p2pool.
bitcoind when running unintuitively is blocking and responds to no commands.
Once bitcoind is running you can simply run the desired command from a second command line (in windows).

Code:
bitcoind getbalance

to get a list of all RPC
Code:
bitcoind help

Including wallet functionality in p2pool doesn't seem like a good solution.

Quote
Yes, the -a option makes it perform much like a regular pool.  There is just an extra piece that needs to be installed, but it's not too much extra work.  I'll be using -a to payout to my normal secure wallet from now on.  Maybe my case is unusual, but it seems like the -a option should be the default.

I agree and hopefully forrestv sees this.  The default option should be a static payment address.  Not just for your particular case but because dynamic unspecified payment address isn't intuitive to most users.   Those who would want that option are likely savy enough to manually specify it. 

"Normal" pools ask users for a payment address so by default it is more intuitive if p2pool does also.

There often are complaints about "not getting paid" because user is looking at address A in blockchain.info but address B is now being used.  Many new users just startup p2pool with no options and then are confused as to where they the payment is going.  Even those who figure it out may not realize that each time p2pool starts it can pick a new address. 

Tools like http://p2pool.info are more useful with  a static payment address.

Honestly I think dynamic addresses as the default just create confusion and produce very little value.  It is similar to how solo-mining works (and I guess the reason forrestv made it work that way) but most users no longer solomine.

If it were me I would drop the -a option make an address a required parameter which can be overridden by a new "-d | --dynamic" parameter.

i.e. something like
Code:
p2pool

Reward address not specified.  You must specify an address to receive mining payments or use the --dynamic parameter

Code:
p2pool 1JHf71pGkVbuYsBqA25w6XNNeM2ZGLCzjH

Static reward address specified.  All mining proceeds will be sent to 1JHf71pGkVbuYsBqA25w6XNNeM2ZGLCzjH

Code:
p2pool --dynamic

Dynamic reward address specified.
Getting new address from bitcoind ...
All mining proceeds will be sent to 1HSbUzKprUaEnM6rhFCQAeyYfQaBJVWboB

Code:
p2pool --dynamic 1

Dynamic reward address specified.  p2pool will change payment address every 1 block(s)
Getting new address from bitcoind ...
All mining proceeds will be sent to 1HSbUzKprUaEnM6rhFCQAeyYfQaBJVWboB

Pages: « 1 ... 466 467 468 469 470 471 472 473 474 475 476 477 478 479 480 481 482 483 484 485 486 487 488 489 490 491 492 493 494 495 496 497 498 499 500 501 502 503 504 505 506 507 508 509 510 511 512 513 514 515 [516] 517 518 519 520 521 522 523 524 525 526 527 528 529 530 531 532 533 534 535 536 537 538 539 540 541 542 543 544 545 546 547 548 549 550 551 552 553 554 555 556 557 558 559 560 561 562 563 564 565 566 ... 800 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!