The works are not that impressive IMO. Thanks for sharing though. Its always interesting to see a bitcoin-related art.
I will agree with the above statement. Also, if the winner will be chosen based on the votes then it's another sold competition. The ones with the most votes are the least impressive... But I guess it helps to have friends, right? Decentralize! my ass....
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Did anyone else think this story made no sense? Is this another "woops, someone hacked our cold storage that wasn't connected to the internet".
I do. If it's true then BitPay has gone bad. This simply doesn't make sense: According to a lawsuit filed Sept. 15 in federal court in Atlanta, in December 2014, Bryan Krohn, Bitpay's chief financial officer, got an email from someone purporting to be with a digital currency publication asking Krohn to comment on a bitcoin industry document.
Unknown to Krohn or Bitpay, the email sender's computer had been hacked, and the hacker sent the phony email that directed Krohn to a website controlled by the hacker, where Krohn provided the credentials for his Bitpay corporate email account, according to the lawsuit.
Why the fuck would the CFO of BitPay insert their email credentials to an unknown website? And why would the CEO transfer ANY significant amount of Bitcoins to any account when ordered by JUST an email?
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Trustless.... Plus all the others mentioned
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That's an interesting comment about something that went from 0 to become the world's most valuable currency, in only 4 years
Actually it was sooner than 4 years. As soon as it was worth but 4 dollars it was already the most valuable currency to exchange. I don't think any other currency would trade for higher than that.
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dude thats like what 50 cents?
Around 0.15$ to send around 6.50$ (or 6.35$ since the .15$ is deducted from it)
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Yeah, but according to Google, Google (amongst other things) is gay.
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But will it be a public ledger, can be mined publicly?
I just don't see how it is possible to create a private network and "mine" it. Makes no sense.
Ripple is different though, as far as I understood. Ethereum has mining, and therefor is public?
Need to read up more on these things later tonight.
No, it wont be public nor will it be mined by the public. It will save them money and time to confirm money transfers from bank A to bank B. They will still charge you the same and it will probably take as long for you to "transfer" the money because it makes them more money. How do they prevent the public from mining it and keep the network safe? maybe a PoS blockchain would make sense and they can hold everything at the beginning? They will probably give the public a lightweight client, maybe even customer based - compiled at the time of account creation. There wont be any public mining. Each bank will have pre-mined coins based on their fiat reserves. PoS sounds about right but it will have to be thought of very carefully as different banks will offer different interest rates. But I am guessing it will be along these lines.
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But will it be a public ledger, can be mined publicly?
I just don't see how it is possible to create a private network and "mine" it. Makes no sense.
Ripple is different though, as far as I understood. Ethereum has mining, and therefor is public?
Need to read up more on these things later tonight.
No, it wont be public nor will it be mined by the public. It will save them money and time to confirm money transfers from bank A to bank B. They will still charge you the same and it will probably take as long for you to "transfer" the money because it makes them more money.
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what exactly is blockchain onion? My guess is that the OP is referring to blockchain.info onion link: https://blockchainbdgpzk.onion/It doesn't work for me either.
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How are they getting your email?
My guess is from localbitcoins or someone who works there. If the email address was only used for that website then it doesn't take much to figure out what is going on.
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For your potential rank (Full Member with 140 activity), you can earn about 0.0009 BTC per post by joining the highest paying signature campaign. That means you will earn 0.0045 BTC, or about $1.03 (1BTC=$229.88) for 5 posts, which you could easily made in an hour. (However don't spam or you will got banned!)
^^This is the best thing you can do. No investment required
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So, is the stress test already over?
What happened to the 1 month backlog?
I believe the 1 month backlog would have been the result of the test, not the duration of the test.
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I never understood how a bank blockchain is supposed to work. Who is mining? If it is just the bank people mining, than I don't see, why they would need a blockchain. Who can look at it? If it is just the bank people looking at it, than I don't see, why they would need a blockchain.
Is there a white paper about it? Are they actually know, what they are talking about, or are they just throwing around words?
Blockchain technology could be useful for banks. I guess that would be only a distributed transaction processing system what would make transaction processing more resilient, faster and cheaper. But if they release a coin as well, they can use that as an internal or intra-bank currency with some pre-arranged exchange rates to local currencies so they can save time and money as they can use their own common currency when doing business between each other, and with the automated transaction of Ethereum they can automate the whole procedure, so no human intervention needed. ^^^This. Chances are that they will probably create their own coin/token too.
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I think that Keyboards Should have the Bitcoin symbol Already!
It has been 7 years now, and we still haven't seen the bitcoin symbol in keyboards or at least, if not a single key, a key combo for the BTC symbol.
This has already been suggested by someone who actually did something to get it included to the Unicode Standard: https://bitcointalk.org/index.php?topic=1170902.0It seems that, whenever theres a thread about a new subject, other threads about the same subject appear. I wonder why....
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OP changed in order to edit their name out for less publicity to them.
I don't know how much help that is going to be since their name has been mentioned several times in this thread.
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In order for my account to be reinstated I have to pay $600 and write an appeal. So, apparently Google thinks I should be held liable for the $600 even though I was the one scammed. http://imgur.com/a/kMwKowhy its look like you send money then you transfer to your bank account then you cancel.. if im right the $600 is already in your bank account even the money you send is in the other account.. if your the one who own the other account this is more likely you scam google you send and cancel after you transfer.. if your dont own the other account you can send ticket so they can hold the money from the account who send money to you.. The cancelled money transfers were sent to him by others and then cancelled AFAICS. That being said, it's a lot of cancelled transfers. OP is there something else you forgot to tell us?
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It's about time somebody make it illegal in the state law and an offence to create alt pump and dump coin. How many times we have seen bitcoin indirectly suffer loss of trust because people seems to think that these altcoins are related to bitcoin. And how about those people who lost their hard earned money.
They can make it illegal all they want. The fact is that it's not going to stop happening over and over again. How exactly are they going to stop it?
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- snip - this points out a MAJOR flaw in bitcoin..... the fact that it's leading supporters / proponents / educators are currently a merry band of inbred idiots. - snip -
That's not a flaw in "bitcoin", that's a flaw in the human race. There will always be people in the world that give bad advice on any topic. There will also always be people in the world that are foolish enough to take bad advice without considering the consequences. In reality, maintaining control of your private keys is a perfectly valid choice for many people, and trusting someone else with control of the private keys can occasionally be the better choice for others. However, I'd suggest that if you need to trust someone else with your private keys, then you'll want to make sure that you choose a business that is well regulated, audited, and insured.And I would like to add, one that uses multi-signature wallets. You can never be too sure. We have seen "haircuts" lately by well established banks in their area. So consider all third party the same way as a bank. They sure operate the same way with KYC and so on.
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I am not a reddit fan. I find it difficult to follow a thread there.
The forums here is where I started my journey in Bitcoin. I got help from members here to setup my miners and how to operate them. In time and slowly I got into the spirit of Bitcoin. The forums here are rich in information and if you are up for it, you can make a little bit of extra coins. So, where else?
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