You can infer it with reasonable accuracy from the delay since the reporting of the previous block.

I think that's a good idea.  Thanks, Irontiga.

There is also some risk to yourself in keeping those ports open to the world, if you're using the server for your own burst activity.  Any vulnerability in it could lead to your burst passphrase being stolen.  I don't know how carefully the server has been reviewed with security for that kind of exposure in mind.

Warning, the person inviting you to provide your passphrase to his server appears to know nothing about how his server works, or network security.

Inviting people to enter their burst passphrase on an unencrypted connection to your naked IP address is begging for all sorts of trouble.  Someone catches it in flight, their burst gets stolen, you get the blame.

What leads you to believe the industry is collapsing?

Apologies for the derail; we can take it to PMs if you like.

Do the exchanges send email notification prior to delisting?  I could easily see myself missing a 1w window, otherwise.

Yeah, man.  BTC never went anywhere after it crashed from $32 to $1.   


A rise of 20s on basically no volume is not real strength.  It's going to take a while.

Vaporware so far, isn't it?  And it will have to be open-source, which means it'll probably be easy to fold into burst.

Is there a simple way to query participants for their view on the blockchain and detect disagreement, other than running multiple clients?

That should not be necessary.  It's remotely possible that your bandwidth to the drives is too slow for simultaneous plotting and mining.  You might want to measure it.

Also, the mining process is stochastic and has high variance.  It would be better to wait a few days for a more precise average.

Lastly, check the total size of the plots in the 20TB farm.  That is the key factor.

Are there any existing tools for tracking the degree of consensus in a blockchain?  Is there any simple way to do that, or do you just have to set up a variety of clients and hope that one ends up on a different chain?

Assuming it's a vulnerability in NXT seems like leap at this point.  It seems equally likely from here, for instance, that some national intelligence service is surveilling you, and one of its agents decided to take personal advantage of knowing your NXT account's password.

After all, so far you're the only person to claim this, and the amount they could steal was relatively small and a matter of public record.  If they can do that, why would they pick on small fry?

Personally, I'm always trying to talk the price *down*, and I'm happy to hear you doing so.  Keep it up!  I don't care about the price in October, I care about the price in five years.  I don't have the emotional discipline for short-term trading, and it also seems unlikely that you do.

Could someone please post an update on where the technical discussion of BCX's claim and related thoughts stands, so I don't have to shovel through all this drama?

The nonce ranges are fine, but the stagger is a little low.

Assuming my $100M estimate for bitcoin is correct, that means that a correspondingly secure burst network would have about 1200-1500pb.  So the question is how much energy that much storage would consume.

I don't see any reason so far to think that Tim would trade in bad faith.

Yes, someone should estimate out how much energy burst would use for the same capital outlay currently protecting bitcoin.  I estimated recently that it would take about $100M to 51% the bitcoin blockchain.  How much drive space would that take buy, and how much energy would that many drives mining burst demand?  I've read similar estimates for bitcoin (e.g., mining results in about half a million tonnes of greenhouse gases being dumped into the atmosphere each year), so that part is already done.

Thanks!  Tim's deal is actually for 12TB, but the higer density is worth the premium.

The price will fluctuate.