Bitcoin Forum
September 24, 2024, 03:19:12 AM *
News: Latest Bitcoin Core release: 27.1 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 [8] 9 10 11 12 13 14 15 16 »
141  Bitcoin / Development & Technical Discussion / Re: BTC addresses per second on: February 19, 2011, 08:51:10 PM
The bottleneck is an elliptic curve multiply, which takes about 2 ms, for 500/sec. However if you just want to generate addresses as fast as possible, you can repeatedly increment the private key while adding G to the public key. I have a patch to Gavin's vanity-address search that does this. It should speed it up by a factor of 300 or so. So that would be 150,000 addresses/sec maybe.
142  Bitcoin / Development & Technical Discussion / Re: New SHA Functions Boost Crypto On 64-bit Chips on: February 19, 2011, 06:19:12 PM
Does anyone know if SHA-512/256 produces the same digests as SHA256?  If so, the alleged efficiency might be interesting for CPU-miners on 64-bit platforms.

No, it would not.
143  Other / Off-topic / Re: The case of the Russian Scammer. on: February 19, 2011, 06:15:26 PM
Why are so many Russians dishonest? Is it because of all those years of communism, a system built on lies? Or does it go deeper in the Russian culture? Are Russian children even taught by their parents not to lie? Are they taught sayings like "honesty is the best policy", and stories like George Washington and the cherry tree?
144  Economy / Economics / Re: Where do you keep your bitcoins? on: February 19, 2011, 12:20:39 AM
Don't forget the risk of theft. Backups won't help if your coins get spent. Best to split off some of your coins to long term savings, transfer them to a separate wallet, securely back up that wallet, and securely delete it. Unfortunately this isn't easy with the current client.
145  Bitcoin / Bitcoin Discussion / Re: Bitcent? on: February 18, 2011, 01:42:41 AM
I like ribuck's terminology:

http://bitcointalk.org/index.php?topic=3311.msg46648#msg46648

He suggests bitcents, then millicents and microcents. Microcents happen to be the smallest available subdivision of bitcoins, so this works nicely.
146  Bitcoin / Bitcoin Technical Support / Re: Using GPU to *verify* blocks? on: February 17, 2011, 11:01:14 PM
I've done some benchmarking suggesting that the main CPU bottleneck on initial block download is verifying digital signatures on all transactions in all blocks. If I download from another client on the LAN, I get up to block 70,000 in about 5 minutes, but the rest takes like half an hour.
147  Bitcoin / Bitcoin Discussion / Re: inheriting bitcoins on: February 17, 2011, 10:34:11 PM
http://articles.cnn.com/2009-05-18/tech/death.online_1_online-multiple-e-mail-addresses-account-information-and-passwords?_s=PM:TECH

"Your husband, an avid gamer and techie, dies of a heart attack, leaving his vast online life -- one you don't know much about -- in limbo.

"His accounts, to which you don't know the passwords, go idle. His e-mails go unanswered, his online multiplayer games go on without him and bidders on his eBay items don't know why they can't get an answer from the seller.

"Web site domains that he has purchased, some of which are now worth hundreds of thousands of dollars,  will expire, and you may never know."

Not to mention his bitcoins...

Article goes on to mention sites like Legacy Locker, Assetlock, Deathswitch and Slightly Morbid, which will email your survivors with crucial info, passwords, etc.
148  Other / Off-topic / FreedomBox on: February 16, 2011, 09:12:24 PM
Article in the NY Times today about FreedomBox, Eben Moglen's project to get everybody running private servers on plug computers. Seems like a natural fit for Bitcoin. Not mining obviously, but could hold a wallet accessible from your mobile. Also another good target for Bitcoin donations.

Quote
On Tuesday afternoon, as Secretary of State Hillary Rodham Clinton spoke in Washington about the Internet and human liberty, a Columbia law professor in Manhattan, Eben Moglen, was putting together a shopping list to rebuild the Internet — this time, without governments and big companies able to watch every twitch of our fingers.

The list begins with “cheap, small, low-power plug servers,” Mr. Moglen said. “A small device the size of a cellphone charger, running on a low-power chip. You plug it into the wall and forget about it.”

Almost anyone could have one of these tiny servers, which are now produced for limited purposes but could be adapted to a full range of Internet applications, he said.

“They will get very cheap, very quick,” Mr. Moglen said. “They’re $99; they will go to $69. Once everyone is getting them, they will cost $29.”

The missing ingredients are software packages, which are available at no cost but have to be made easy to use. “You would have a whole system with privacy and security built in for the civil world we are living in,” he said. “It stores everything you care about.”

Put free software into the little plug server in the wall, and you would have a Freedom Box that would decentralize information and power, Mr. Moglen said. This month, he created the Freedom Box Foundation to organize the software.

“We have to aim our engineering more directly at politics now,” he said. “What has happened in Egypt is enormously inspiring, but the Egyptian state was late to the attempt to control the Net and not ready to be as remorseless as it could have been.”

Not many law professors have Mr. Moglen’s credentials as lawyer and geek, or, for that matter, his record as an early advocate for what looked like very long shots.

Growing up on the West Side of Manhattan, he began fooling around with computers as a boy. In 1973, at age 14, he was employed writing programs for the Scientific Time Sharing Corporation. At 26, he was a young lawyer, clerking for Justice Thurgood Marshall. Later, he got a Ph.D. in history from Yale. He was also the lawyer for the Free Software Foundation, headed by Richard M. Stallman, which aggressively — and successfully — protected the ability of computer scientists, hackers and hobbyists to build software that was not tied up by copyright, licensing and patents.

In the first days of the personal computer era, many scoffed at the idea that free software could have an important place in the modern world. Today, it is the digital genome for millions of phones, printers, cameras, MP3 players, televisions, the Pentagon, the New York Stock Exchange and the computers that underpin Google’s empire.

This month, Mr. Moglen, who now runs the Software Freedom Law Center, spoke to a convention of 2,000 free-software programmers in Brussels, urging them to get to work on the Freedom Box.

Social networking has changed the balance of political power, he said, “but everything we know about technology tells us that the current forms of social network communication, despite their enormous current value for politics, are also intensely dangerous to use. They are too centralized; they are too vulnerable to state retaliation and control.”

In January, investors were said to have put a value of about $50 billion on Facebook, the social network founded by Mark Zuckerberg. If revolutions for freedom rest on the shoulders of Facebook, Mr. Moglen said, the revolutionaries will have to count on individuals who have huge stakes in keeping the powerful happy.

“It is not hard, when everybody is just in one big database controlled by Mr. Zuckerberg, to decapitate a revolution by sending an order to Mr. Zuckerberg that he cannot afford to refuse,” Mr. Moglen said.

By contrast, with tens of thousands of individual encrypted servers, there would be no one place where a repressive government could find out who was publishing or reading “subversive” material.

In response to Mr. Moglen’s call for help, a group of developers working in a free operating system called Debian have started to organize Freedom Box software. Four students from New York University who heard a talk by Mr. Moglen last year have been building a decentralized social network called Diaspora.

Mr. Moglen said that if he could raise “slightly north of $500,000,” Freedom Box 1.0 would be ready in one year.

“We should make this far better for the people trying to make change than for the people trying to make oppression,” Mr. Moglen said. “Being connected works."

149  Economy / Economics / Re: Cost of electricity to mine or mint bit coins on: February 16, 2011, 03:57:26 AM
Probably should amortize the price of the graphics card over two or three years. That state of the art card may not be too competitive in a couple of years. This amortized cost may be even greater than the cost of electricity.
150  Bitcoin / Bitcoin Discussion / Re: Competing Bitcoin like virtual currencies on: February 16, 2011, 12:26:52 AM
Would there be interest in a network based on a GPU-resistant problem, instead of SHA-256? Then everyone could be a miner again.

(I know what you're thinking: like what problem, exactly? Well I don't know GPU architecture, but I imagine such problems exist. Maybe some of the memory based problems in http://en.m.wikipedia.org/wiki/Proof-of-work_system)
151  Bitcoin / Bitcoin Discussion / Re: Where did the $3.37 come from? on: February 16, 2011, 12:14:55 AM
Actually I'd say this hints at a serious bug in the client. Look at the record of Ronald's address for receiving money from the mining pool:

http://blockexplorer.com/address/1D3hzQnKeQuKoHZ7vZPu8bygiRRMvfhSow

He receives payments and then sends them on, returning again and again to a zero balance.

Until the first tx of 2011-01-30, when he receives 3.37. From then on, he no longer reduces his balance to zero; he reduces it to 3.37. This transaction alone is not transferred.

Clearly the wallet simply missed this transaction. Yet it picked up a transaction to the same address 8 hours earlier and one two hours later.

So there are two possibilities that I see. One, Ronald was messing with his wallet at that time and somehow removed this address from the wallet for a brief time, then put it back. Not an easy thing to do, I don't think. (Maybe deleting the wallet for a while, then restoring it?)

Possibility two is that the client somehow overlooked the transaction due to a bug. Obviously not something that happens very often. What could it be? Maybe something to do with block collisions and chain reorg?

The block with the missed transaction was 105286. Any way to tell at this late date whether there was anything unusual about this block?
152  Bitcoin / Bitcoin Discussion / Re: Buy Bitcoins NOW! 30% harder to generate in 3-5 days! on: February 15, 2011, 09:27:00 PM
I have argued that difficulty should be proportional to price. Difficulty will rise until mining becomes unprofitable. Since the price recently tripled, difficulty should do the same.
153  Bitcoin / Bitcoin Discussion / Re: Why the transfers are not implemented immediately???? on: February 15, 2011, 09:20:20 PM
Imagine if mybitcoin.com could optionally issue payments signed with a single public key, one known to be associated with that service. Then even non-members could accept such payments and trust that no double spending will occur.
154  Bitcoin / Bitcoin Discussion / Re: Why the transfers are not implemented immediately???? on: February 15, 2011, 07:09:03 PM
The Double Trouble game only waits for one confirmation. This should take ten minutes on average. Unfortunately, the time is highly variable, from a few seconds to more than an hour. Makes for a frustrating experience sometimes.

Gambling games need to switch to a chip system like real casinos. You'd buy chips with a delay, then gamble with them with instant payouts, cashing out any time.
155  Bitcoin / Development & Technical Discussion / Re: Is it possible for two private keys/clients to generate identical BTC address ? on: February 14, 2011, 07:17:19 PM
Is it possible for me to win every lottery for the next ten years, just by luck?

If so,what would happen?

Would they stop having lotteries because they assume I cheated?

Would I be worshipped as a god?
156  Bitcoin / Bitcoin Discussion / Re: Best practice for fast transaction acceptance - how high is the risk? on: February 14, 2011, 07:02:46 PM
I wonder if there's some way to discourage that kind of anti-social behavior; could the network detect that was being done and "shun" that miner's blocks?

I think that was Joe's suggestion: if a block shows up that turns one or more previously-broadcast transactions into double-spends, you don't count it. Maybe we could give it a negative difficulty penalty, so that the block chain with this block would have lower cumulative difficulty than without it; that way it would stay an orphan and not be added to the chain. Then if it was all a big mix-up and other nodes kept building on this one, eventually they would overcome the negative difficulty and it would be accepted, as Joe proposed with his 6-block rule.

Obviously changing the voting rules like this would need careful analysis.
157  Other / Off-topic / Re: mybitcoin receiving address question on: February 14, 2011, 02:19:22 AM
This is off-topic because it is on-topic.
158  Bitcoin / Development & Technical Discussion / Re: Payment to yourself on: February 13, 2011, 11:14:22 PM
It did finally go through, just slow I guess.

159  Bitcoin / Bitcoin Discussion / Re: Best practice for fast transaction acceptance - how high is the risk? on: February 13, 2011, 09:48:44 PM
Suppose the attacker is generating blocks occasionally. in each block he generates, he includes a transfer from address A to address B, both of which he controls.

To cheat you, when he generates a block, he doesn't broadcast it. Instead, he runs down to your store and makes a payment to your address C with his address A. You wait a few seconds, don't hear anything, and transfer the goods. He broadcasts his block now, and his transaction will take precedence over yours.
160  Bitcoin / Development & Technical Discussion / Payment to yourself on: February 13, 2011, 09:30:06 PM
I did "Copy to Clipboard" of my Bitcoin address and then hit Pay, paid myself 20 btc. Is this supposed to work?

It sort of worked and sort of didn't. The transaction displays as "Payment to yourself" with Debit -20.00 and Credit +20.00. But Status is stuck at "0/offline?". I'm online and I've never had a problem sending a transaction before.
Pages: « 1 2 3 4 5 6 7 [8] 9 10 11 12 13 14 15 16 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!