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1321  Alternate cryptocurrencies / Altcoin Discussion / Re: ethereum overbought, overvalued, peoples obsession and why waves is far better on: December 25, 2017, 10:03:56 PM
I sent ETH the other day and it was showing up in just a few seconds but it's based on block-chain
and i don't like that with the current data structure because it does not scale and it's contracts
(Little apps) seems like a bean counter to me and will count beans, put them in a block-chain
and charge lots of "Gas" but is not much use for anything else.

No not the best fan of ETH but something is going to be using ETH as a start before it gets going
and that's going to be massive but i think it will take two years to get going, not a fly by night
like what we are seeing now.

So tell me more about Waves and is it faster that IOTA that can do 100 TPS which is
still well, well slow in my book
1322  Bitcoin / Development & Technical Discussion / Re: Types of Different Bitcoin Transaction and Their sizes on: December 25, 2017, 09:47:14 PM

Looks like this article is missing segwit transactions, be it with the "3" format or with the bech32 (bc1) format.


I just don't get this about Segwit because the project got canceled but now it's back on again
as Segwitx2 because they are doing a fork on 28th Dec 2017

Did the Segwit team turn it on without a fork so it just worked with BTC or something or are we
talking about a message that miners can send if they want vote for it or something

Thanks in advance

1323  Bitcoin / Development & Technical Discussion / Re: how can I change the bitcoin name in source code on: December 25, 2017, 09:38:55 PM
I want to change the name of bitcoin to testcoin how can I change it in the source code of bitcoin
There are too many files there

Search and replace but if the code is well written then it should be a CONST string or within
a Enum if you can trace it back I suspect

var Tr=GetTrans("BTC","abc123.....") // is not good
1324  Bitcoin / Development & Technical Discussion / Re: statistics on: December 25, 2017, 09:32:39 PM
I've been utilize price chart data in the form of JSON and fetching them from the following Blockchain.info URL's, coindesk and bitcoinchart's data:

Agree, quick fast and easy and i have picked many of the useful Url's already so if you work in C# and VS then maybe we can help each other.

Have you tried talking to BTC nodes on port 8333 yet use from you own socket connection without using a library as an API
that is a million lines long ?

I am good at this type of stuff and to me it looks like giving birth to an elephant would be easier
and i could not even get a node to return a list of other nodes on network so never mind doing
a transaction.

Blockchain.info could go down, charge a fee or change the API and I bet they limit the request quota
so i want to avoid it but if you have trouble with the quota then I have a little tool that soon fixes it.

Best Regards
1325  Bitcoin / Development & Technical Discussion / Re: what Programming language Should I use for new Crypto coin on: December 25, 2017, 09:21:37 PM
Ok- I now understand I just read the documentation. This is deff doable. I wish I was an expert coder I could knock out the codding portion in a day or so. This would take a a little longer since id be double checking my work for typos and mistakes. But a coder could easily whip up the changes much faster then I could lol.

Well yes if you could put across to the coder quite what you wanted which is often not so easy but if you have the skills already
to know how long the job would take then maybe you would do better in the long run doing the job yourself !
1326  Bitcoin / Bitcoin Discussion / Re: Bill Gates wasn’t joking when he said Bitcoin was better than Fiat Currency on: December 25, 2017, 09:15:36 PM
Yes back-door bill with his CIA/NSA spyware that they call windows will be working over-time to build a wallet into
Internet Explorer because much of the free information we were getting from the internet will become VIP content
and viewing the pages will involve a micro financial transaction but poor old bill will have to re-think his plans.

BTC transactions fees are much too much and the network won't scale to support large transactions, never mind
small ones but when he does decide on the currency then the public address will become a super cookie so that
his friends in the CIA can follow you even more.

Windows XP = 4mb of memory
Windows 10 = 8gb of memory

And Mr Gates Intel friends broke Moore's law because the chip we get in PC's keep getting new numbers
but if you do a bench mark test then they are hardly any faster than they were five years ago and now
you know why the windows "Experience" test got removed and you can bet Bill loves the current CPU wars
that going on today between miners as they try to compete with each other doing un-productive work and
they call it Pow
 
1327  Bitcoin / Bitcoin Discussion / Re: High fees are separating the wheat from the chaff on: December 25, 2017, 08:46:01 PM
"High fees are separating the wheat from the chaff"

I would say it's separating the brains from the brawn myself and the
drop in volume would seem to suggest that i am right.

it said "Virtual free transactions costs" and I am sure the speeds will improve but
i am not sure if many people will still be around or what the price will be.

Maybe after the segwit2x fork in three days time I will pull out myself
if it goes ahead this time because I like free coins and this sudden rush
to complete the fork was IMHO all down to the mega rise in fees
1328  Bitcoin / Bitcoin Discussion / Re: Transfering USD from Web Wallet to Exchange on: December 25, 2017, 08:30:07 PM
When i used VISA with Coinbase they skimmed 3.99% of the top and they own GDAX i think
and getting money out and back to my bank was not only slow but cost a lot because GBP
held by CB uses SEPA so it gets converted to Euro's and then back to GBP on the other end
and you loose out on conversion fees each time and that's on top of CB fees.

Buy/Sell costs about 8% and they don't really get the best price on BTC so really it's
over 10% which is not nice if the market is against you using Coinbase so if you can get
what you want at say 2% using GDAX then it sounds good to me.
1329  Other / Off-topic / Re: what wallet can you recommend? on: December 25, 2017, 08:05:44 PM
Coinbase has been here for a long time but their fees are quite astronomical and not everyone would feel the same about paying such high fees  for a measly transactions and so we tend to try others like electrum and the likes which afford you the platform to be able to choose which rate you can afford.

Yes and when prices start to come down from a spike Coinbase keeps having "Technical Trouble"

I dare not test it with $45 transaction fees on BTC but i want to test send my Coinbase account
$10 of BTC to see if the fake public address they gave me works (Your coins held by them are not
 on the block-chain) and to see if they charge me a fee or not.

Sorry i have very little good to say about Coinbase having put them to the test.
1330  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Pokemon FireRed on the ethereum blockchain on: December 25, 2017, 07:56:43 PM
Ethereum can barely handle some kittens, how  do you intend to deal with the lack of scalability?

Yes these cats went a bit mad at first but ETH is still twice as fast as BTC at 15 TPS instead of 7

The mini apps (Contracts) are little more than bean counters I think so ETH makes money as gas
from other alt-coins using it but in return they offer access to the mixed block-chain but ETH offers more
than BTC and the transaction fees puts it well ahead of BTC.

Both need throwing in the bin due to the way the data is structured but for now I am long ETH
and it has a customer that will piggyback for a while that is going to go ballistic I suspect in
about two years time which is far to far away for many of the slot machine players we
have here but I have got to get in myself if i can before I would spill the beans on this one.
1331  Other / Off-topic / Re: what wallet can you recommend? on: December 25, 2017, 07:24:41 PM
Ledger Nano S is probably the safest crypto wallet among other, but it is also the most expensive one. I'd suggest to use any free desktop wallets such as Bitcoin Core, Exodus, Electrum and etc. to keep your coins safe.

But this gets tied in with a Nano server so if they vanish then you are stuffed as i see it and they might not work with
some alt-coins but feel free to put me right if I have this wrong.

Please, I am all ears
1332  Other / Off-topic / Re: what wallet can you recommend? on: December 25, 2017, 07:19:04 PM
JAXX - BTC, ETH and several other tokens/currencies.

About 60 other coins now and built in ShapeShift to convert between them

Has a security issue because they did not mix the 4 digit pin code with the 12 word restore phrase
and the file it uses is encrypted but the private key is known and other apps on you phone could
read this file and upload the contents to steel your coins.

I use it but keep the app on a separate MicroSD that cost next to nothing but apart from that
it seems spot on to me and I hope they fix this bug
1333  Other / Off-topic / Re: what wallet can you recommend? on: December 25, 2017, 07:10:07 PM
I have a wallet at www.[Suspicious link removed]
they have a phone app that may be useful to you
if you don't own the private key then you don't own the coins and sharing it is not a safe way if you ask me.

Coinbase owes me my Bit-Gold because it is my decision if i wanted to sell them days after the fork
but i was not given that option and because they already scammed me out of $10 of BTC then forgive me
for not trusting them to ever give me access to my "Gold" and the same would had happened with the
Segwit2x fork that starting in three days time so this is the reason I took my coins out and put them in
a private wallet.

BTC is supposed to about decentralization and P2P but if you look around today it is anything but that
with these brokers and this is also applicable to the miners and look where that has brought us with the
fees that went from $0.10 at the start of the year to $40 today
1334  Bitcoin / Bitcoin Discussion / Re: Any more Forks or FUD for Bitcoin for 2018? on: December 25, 2017, 06:56:45 PM
FORKS ARE CRAP, stop asking for forks because we all know that they are the same crap, they are just created to help the dev to make easy money, and the only ones who are claiming them all the only ones who are always exposed to lose all their bitcoins. They are not even worth a single buck.


Yes to some degree you are right if they are just taking the old code and adding a tweak because it needs a new
data structure completely so that the network has an hierarchical structure.

The data from the chain needs importing to a DB and to then be split up into manageable size sections
maybe based on two digits from the public address because as it is 200gb of data needs to be scanned by
20,000 miners each time to add a new transaction (This is madness) so they can check that the wallet has
the money to spend.

Old archived transactions complete with HASH in the headers belong in read only databases that are distributed between
a few hundred servers and not 20,000 like we have now. Slave nodes (19,000) can then request totals and not the whole history
for any wallet for up to a month ago from these servers and it will work fast because the answer would be cashed and ready to send back.

This alone would bring the live block size down to say 10gb and little intel I3 machines could deal with that and do it fast
without even breaking the process down further using two digits from the public address.

Come on guys, this is not rocket science and this PoW needs to go in the bin BIG TIME because
having to price data in bytes is just plain stupid these days.

1335  Bitcoin / Bitcoin Discussion / Re: Any more Forks or FUD for Bitcoin for 2018? on: December 25, 2017, 06:36:51 PM
Yeah th network is bad now, we need lighning network, but it needs to work properly and be secure. If LN come with bugs, insecurity it may cause FUD.

See https://www.youtube.com/watch?v=6V365_59-Lc

What the developers at BTC don't get or want to get is that most large systems that work
use hierarchical data and you can still have that in a decentralized system using master
controllers so that 20,000 miners don't need to waste lots of power (CPU/Electrical) by all
replicating the same actions for each transaction.

We can still have a public ledger and servers to store old archived transactions
BTC =7 TPS
ETH = 15 TPS
IOTA = 100 TPS
VISA = 25,000 TPS

Time people started to wake the fork up and see that the king is wearing no clothes
1336  Bitcoin / Bitcoin Discussion / Re: Any more Forks or FUD for Bitcoin for 2018? on: December 25, 2017, 06:25:01 PM
The year is not over and we have Segwit2x on the 28th of Dec if it goes ahead
this time but it seems hard to get much information about this fork.

My trust with the BTC miners has been broken over the crazy high fees so I
don't care if it gets chopped up by forks and lets remember a fork doubles the
coins and in layman terms that is called inflation

Longer term i want to move to a coin that dumps the block chain or moves to
master controllers because we cannot keep using 90KWH of energy to process
just one transaction, silly design if you ask me
1337  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Etmcoin (ETM) on: December 25, 2017, 06:07:37 PM
"Etmcoin (ETM) started ico on 25/12/2017 and ended after 18 days, selling 500,000 ETM each day starting at $ 0.5."

Talk about back to the future

Anything is better than a single ledger because it does not scale as people are starting to see
and playing with block sizes is not really the answer but i am not quite sure what you are saying
here.

What makes this new coin any better than say BTC,ETH,IOTA because i don't have all day to digest
the white paper and should not have too.

EDIT TO ADD

"Miners are rewarded for securing the blockchain and masternodes are rewarded for validating, storing and serving the blockchain to users"

Wow what a concept "master nodes" and it can still be decentralized but the developers at BTC would not like to hear this because
it might reduce the transaction fees back to normal and they don't want any of that at $40 a pop do they now.

1338  Other / Off-topic / Re: what wallet can you recommend? on: December 25, 2017, 05:58:27 PM
Jaxx is my first one and I like it but i am also aware that it can be hacked because the
pass phrase can be read from file and decoded but you can switch your MicroSD card
on an android device and run it from a spare card and swap back to another card
when not using it.

Sure is cheaper than a hardware wallet and it also come with shapesift built in
so you can covert say from BTC to BTG or ETH

I like it for day to day use and anything is better than Coinbase in my book
1339  Alternate cryptocurrencies / Altcoin Discussion / Re: Segwit2X - Hard Fork on: December 25, 2017, 05:52:18 PM
i don't understand...is there will be a segwit2X hardfork? as i knew this hardfork have never happened and will never happened. The project was abandoned...

it was put on the back burner but as soon as they did that the miners pumped up the costs so they
decided to go ahead with it and the price for B2X was about $1000 yesterday so that's 8% of free
coins for us.

I must admit something does not see right about this fork but it's hard to tell whats propaganda
and what is not so maybe its a carrot to stop people dumping shares in BTC before the 28th of this
month due to silly priced fees that have send the volumes falling already so that's a foot, self, shoot
in my book
1340  Bitcoin / Bitcoin Discussion / Re: Bitcoin can be hacked? on: December 25, 2017, 05:27:53 PM
I think bitcoin is hard to hacked because of the secured cryptocurrency unlike any other altcoin

Bitcoin is hard to do anything with if you want to write code that talks direct to nodes
using sockets on port 8333 because the protocol was designed in academia so in many
case us developers are forced to rely on simple to use HTTP API's instead which
then makes it centralized

Good luck hacking it because I cannot even get the time of day from the nodes
without using NBitcoin and wrapping it with my own code but the code is too
big and complicated for me to trust it with a wallet so i guess i am stuck
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