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1401  Bitcoin / Development & Technical Discussion / Re: Is this BIP65 sample script standard? on: December 23, 2015, 12:34:31 PM
Although I haven't confirmed it yet I get the feeling that one can make this or in fact any other similar script standard provided that it is created indirectly via a P2SH tx (so the script itself doesn't appear as an output but instead appears as in input when redeeming).

Hmm... seems I might be wrong about that: https://blockchain.info/tx/24a44ba982e4be2865c3c84fc408079871b49baa0d8a185ce45781228e8ae56e

(hovering the mouse over the little triangle displays: This transaction has a non-standard input.)

Sad
1402  Bitcoin / Development & Technical Discussion / Is this BIP65 sample script standard? on: December 23, 2015, 02:44:38 AM
From the BIP section Trustless Payments for Publishing Data the following script appears:

Code:
    IF
        HASH160 <Hash160(encryption key)> EQUALVERIFY
        <publisher pubkey> CHECKSIG
    ELSE
        <expiry time> CHECKLOCKTIMEVERIFY DROP
        <buyer pubkey> CHECKSIG
    ENDIF

Although the release notes for Bitcoin core mention stuff about BIP65 it is not clear to me whether that means that the above is standard.

Assuming it is standard then if HASH160 was to be changed to say SHA256 would it still be standard?
1403  Economy / Economics / Re: Ok Coin , Huobi and other chin exchange..they are cheating all of us. on: December 20, 2015, 04:15:28 PM
So now that we know that the "investors" don't care about the "supposed faked volume" the question becomes then - "who does"?.

I will put forward that the only people who care about that are the exchanges that don't have zero trading fees (or the people that they might hire to say so).

It is in their interest to try and discredit the Chinese exchanges (and BTCC has actually been around longer than pretty much any other fiat exchange) because they can't compete with zero fees.

I would say - adjust your business. Just like films these days make all of their money in the first week (so they don't actually even need to make money from DVDs, etc.).

The argument that "piracy is making Hollywood broke" is a very weak one yet it seems that the western Bitcoin exchanges are wanting to try and use that same sort of argument against the zero fee Chinese exchanges.
1404  Economy / Economics / Re: Ok Coin , Huobi and other chin exchange..they are cheating all of us. on: December 20, 2015, 04:06:53 PM
So i think that chinese BTC traffic is completely false,the bitcoin that are on their sites are not real,they are present only on their systems, they do not really exist.

So all the pump of the last 2 month are fake, the price of BTC is in the hands of these scammers with no regulation.

no one says anything, perhaps because it benefits everyone this fake bull...

very good point. I said that 2 years ago too . Smiley

yes, nobody is saying a word because it benefits. new stupid "investors" are attracted by having these huge price fluctuations. The whole BTC market is manipulated by the big exchangers.

Again - there is no regulation on *any BTC exchanges*. So why are you just picking on the Chinese ones?

I have also pointed out that just because you have zero fees doesn't mean that you can easily "fake volume" due to the order matching risk.

If you guys would like to present a logical, well thought out answer to these things please do (but I am pretty sure that isn't likely to happen).

If you are a new investor on an exchange then what would "piss you off" is if your bid is not matched to an order (when you can see it clearly should be). The other thing that is going to "piss you off" is if you can't remove your funds (either in BTC or in fiat) from the exchange. These are about the only things that are going to matter to you as an investor (whether or not other people think that the volume is "faked" is of zero interest to an investor).
1405  Economy / Economics / Re: Ok Coin , Huobi and other chin exchange..they are cheating all of us. on: December 20, 2015, 03:44:01 PM
I don't know why Mark Karpeles is a free man right now

Are you sure he is?

Also - don't compare Japan to China (not even remotely similar and in fact the Chinese hate the Japanese more than anyone else on earth).

Also, it is not about finding the coins. It is about catching a criminal who is stealing $600 million worth of assets from the unsuspecting customers.

I am pretty sure if an exchange like BTCC tried to rip off its customers they would feel the heat of the Chinese authorities (and maybe worse they might feel the heat of the Chinese mafia).

I hope you are aware that China has a record of capital punishment for those caught out stealing a lot (it is actually one of the few countries in the world that punishes "white collar crime" with death sentences).

Your precious European or even American justice systems are not going to hand out death penalties for ripping off people are they?

So basically by your own logic you are safer to have invested your funds in a Chinese exchange rather than a western one (the western one will never face a capital punishment crime so can get away with stealing your money without fearing for their lives).
1406  Economy / Economics / Re: Ok Coin , Huobi and other chin exchange..they are cheating all of us. on: December 20, 2015, 03:37:42 PM
Interpol red alert will be issued for him and eventually he will be arrested and the coins returned to the rightful owners.

Cheesy

Seriously - you think that Interpol are going to find the coins when they are stolen?

Why don't you just send Interpol to Japan to solve the Mt. Gox problem then?

(can't work out if you are just trolling or what)
1407  Economy / Economics / Re: Ok Coin , Huobi and other chin exchange..they are cheating all of us. on: December 20, 2015, 03:14:01 PM
I was being skeptical, after seeing the aftermath of the Mt Gox robbery in Japan. The robbery happened more than two years back, and till now the former users have not received a single penny in their account. If this can happen in Japan, which is famous for having strong law enforcement, then what will be the case if something similar happens in China?

It is reasonable to be skeptical about what would happen if an exchange disappears but I think that actually applies to pretty much every single Bitcoin exchange in the world (not just those in Asia).

If Bitstamp just did a Gox how exactly do you think its members are better protected than those in China?
1408  Economy / Economics / Re: Ok Coin , Huobi and other chin exchange..they are cheating all of us. on: December 20, 2015, 01:17:52 PM
Also in regards to this supposed "volume faking" I'd question exactly how that is supposed to be taking place.

For sure I could place an offer and then place a bid for the same amount and price but if others get in before me there is actually no guarantee that the offer is still there (so the bid could quite likely end up unfilled meaning there is a risk of actually losing funds if the price moves which is not likely to be something the exchanges would do with their own funds).

I think it would require a bit more than just zero fees to be able to really be certain of "rigging the volume" (for a start your bids and offers would have to be processed before all others to be sure that nothing goes wrong in regards to the order matching).

It seems to me a lot of the protestations about the volume on Chinese exchanges comes from western exchanges (or on their behalf) who haven't worked out a business model that doesn't involve taking a fee from each trade.

What really matters is that when you make a bid it is matched against an offer - if that wasn't happening then I'd be concerned but provided your bids get matched then who really cares about where the offers came from?
1409  Economy / Economics / Re: Ok Coin , Huobi and other chin exchange..they are cheating all of us. on: December 20, 2015, 12:53:25 PM
The Chinese officials would tell you that they will not be able to help, as Bitcoin exchanges are banned in that country.

As that is not the case I would be surprised if they would say that (not that you would necessarily get any help if a Chinese exchange went belly up though either).

You do realise that in mainland China you can transfer RMB to and from exchanges such as BTCC directly from your bank account (and that this has been the case for quite a while now)?

Also you should realise that mainland laws do not apply to Hong Kong (nor vice versa). For all general purposes Hong Kong is still a separate country (you might want to read about the "one country two systems" stuff if you think that mainland officials have any say over the laws and there enforcement in Hong Kong).
1410  Bitcoin / Development & Technical Discussion / Re: Nonstandard Transaction in Mainnet and Testnet on: December 20, 2015, 06:06:17 AM
Thanks for that - when I get a chance I'll have to find that BX tool and have a play with it.

Also note that if you are interested in developing a basic script template for being able to do ACCTs based upon CLTV and a "secret" for Bitcoin script then a bounty could be made available (feel free to PM me about this).
1411  Bitcoin / Project Development / Practical examples of where Bitcoin (or other blockchains) could improve things on: December 19, 2015, 05:06:59 PM
Firstly take a look at this: http://www.abc.net.au/triplej/programs/hack/why-soundwave-collapsed-and-what-it-means-for-future-festivals/7042852

We basically have a ticketing company taking money off ticket purchasers and giving it to a promoter who has then used those funds to pay off previous debts rather than provide the event attendance rights that the purchaser was expecting (leaving ticket purchasers little hope of getting a refund).

Now - if we used something like CLTV and a secret (only revealed when you turn up to the event to enter) then there is simply no way that any ticketing company and/or promoter could take your funds (but the promoter could show others the amount of funds "locked up" to provide reasonable proof that event attendance will be adequate to make sure that the event actually happens).

This is a very practical example of what kind of problem that I think Bitcoin (or other blockchains) can solve.

If no-one is looking into this yet I'd suggest that Australia is ripe for the picking after this Soundwave fiasco.
1412  Bitcoin / Development & Technical Discussion / Re: Nonstandard Transaction in Mainnet and Testnet on: December 19, 2015, 02:39:26 PM
Thanks for your suggestion. Finally I managed to create simple valid P2SH transactions. Does it mean that we can create any kind of scripts using P2SH?

If you don't mind sharing I'd be very interested to see a P2SH template that effectively pays to a "secret" (whose SHA256 hash or double hash has been stored in the script).

Basically such a script that also uses CLTV would make it possible to do ACCTs (atomic cross-chain transfers) directly between AT supporting blockchains (currently Burst and Qora) and Bitcoin (thus direct crypto-to-crypto trading with no website or 3rd party involved).
1413  Bitcoin / Bitcoin Discussion / Re: So do you really think Craig Wright is Satoshi Nakamoto? on: December 18, 2015, 04:53:30 PM
Yup - I think you should look into the "teapot theory" (https://en.wikipedia.org/wiki/Russell's_teapot).

So if you're not *man enough* to admit there can't be a teapot out there then I guess there is - eh? Cheesy

Seriously - the guy is a fraud - it is obvious to pretty much everyone apart from some people that probably also think there are teapots orbiting the sun. Wink
1414  Economy / Economics / Re: Ok Coin , Huobi and other chin exchange..they are cheating all of us. on: December 18, 2015, 03:13:56 PM
I doubt any other Bitcoin exchange is being *regulated* when it comes to their BTC trading either so if you think you really are getting "more honest figures" from other exchanges you should consider the fact that they could simply create their own trading accounts that are paying the fees to themselves and manipulate their volume just as much.

At least the Chinese exchanges "don't pretend".

Unless all the exchanges openly disclosed everyone's account details (which they wouldn't and shouldn't of course) then you can never trust their "books" to be honest (as none of them are being properly audited).
1415  Bitcoin / Project Development / Re: CIYAM - Project Plan Outline and Progress Updates on: December 18, 2015, 02:29:54 PM
The major performance bottlenecks with syncing the CIYAM blockchain (discovered with the Blog package testing) have now been resolved.

Even with the improvements it isn't a "speed demon" but then again it was never the goal to try and be "the fastest" (as I think that focus is best suited to more simple tx processing blockchains rather than a general purpose application system such as CIYAM).

What has been achieved is a system that works with a standard relational DB (MySQL) that is tied to a "git" like file-system (for receiving txs and blocks) to reliably keep multiple separate DBs in sync in accordance with the consensus rules that it uses.

Unfortunately we have no marketing team now nor much funding to "buy press" (which is what many other projects do but which I think is sort of lame anyway) so for now I am going to just play with some AI stuff that I've begun working on (the weird new language) and enjoy a bit of a break.
1416  Bitcoin / Project Development / Re: CIYAM - Project Plan Outline and Progress Updates on: December 17, 2015, 06:39:53 AM
I can sort of see that @something appears to define it, !something recalls it's value, I assume ? is an if statement of sorts, the rest of the things I just don't see yet but will probably understand when a fuller explanation comes later. Right now the biggest thing I don't see is why the second !test returns a-z instead of z-a again.

So what the ! actually does is "execute" the contents of a variable as instructions. You are correct that ? is a conditional (testing if a variable is empty or not) with the ! immediately following it being a variable whose contents will be executed if the condition fails.

The key function (and in this rather strange language functions and variable values are interchangeable) is this one:
Code:
@reverse=?x!final_>x,y_<z,y_!reverse

and one thing you might notice straight away is the !reverse at the end of it which means that if you execute !reverse it will execute itself (as the last step). Noting that if the conditional fails then no further steps are executed (so you don't end up with an infinite loop).

To pull it apart step by step (noting that underbars are the step separators) we have:

?x!final which will check to see if x is empty and if so then the function final will be called (and no further step)
>x,y this is a special operation that removes the last character from x and then prepends it to y
<z,y this is another similar operation that removes the first character from y and the appends it to z
reverse executes the function again

The other other functions involved are test (the main entry point), assign (used to assign an initial value if one doesn't already exist) and final which stores and outputs the value of z and then deletes the variables x, y and z.

It is a "string reverse" and that is why if it is repeated the output is the reverse of the previous one.

Being basically just a functional language there are no line numbers so the order that the variables are defined in doesn't matter provided they all exist when you go to execute test. Smiley
1417  Bitcoin / Project Development / Re: CIYAM - Project Plan Outline and Progress Updates on: December 16, 2015, 05:25:56 PM
Although unrelated to the main project I have taken off a few days to create a new computer language that I am quite excited about.

It is pretty much not like anything else around (although it has been already compared to "brainfuck") and the reason for its creation will be made apparent at a later time.

Rather than describe the whole thing in detail I'll just show a couple of examples:

Code:
@hello=`Hello`world!`
!hello

would result in the output:
Code:
Hello world!

a more sophisticated example is as follows:
Code:
@final=?=z_?!_~x_~y_~z
@reverse=?x!final_>x,y_<z,y_!reverse
@assign=@x=abcdefghijklmnopqrstuvwxyz_!reverse
@test=@x=?_@y=_@z=_?x!assign_!reverse
!test

which would result in the output:
Code:
zyxwvutsrqponmlkjihgfedcba

and if you then did this:
Code:
!test

you'd see this:
Code:
abcdefghijklmnopqrstuvwxyz

Smiley
1418  Bitcoin / Bitcoin Discussion / Re: [VIDEO] Craig Wright, inventor of Bitcoin (Satoshi Nakamoto), speaks on Bitcoin. on: December 14, 2015, 02:05:07 PM
I never said that "he said he was Satoshi" so please don't put words into my mouth (a bad habit that you seem to have for someone who supposedly cares so much for accurate details).

The stuff about his qualifications came from the Perth university in question so it is a fact that he had false qualifications in his LinkedIn profile (the university stated as much).

About whether or not he is a conman - sure I'll accept that as an "opinion" (you can call it a judgement if you like although I am willing to change my mind if evidence to the contrary appears).

1419  Bitcoin / Bitcoin Discussion / Re: [VIDEO] Craig Wright, inventor of Bitcoin (Satoshi Nakamoto), speaks on Bitcoin. on: December 14, 2015, 01:54:31 PM
Even in the conference video, he qualified that statement with, "I am not sure what I have".

Well the ATO are pretty sure that he didn't *have* what he claimed to as they don't just randomly raid homes in search of evidence against someone they think has defrauded them of 45M AUD.

Seriously - I am not saying whether or not he is guilty of anything (it is up to the legal system to decide that) but his attitude and actions are completely at odds with the Satoshi that used to post on this forum (and much more aligned with the sort of things you'd expect from a conman).

It is strange as to why you are defending this guy so badly - perhaps he is the marketing guy you are wanting for your new coin? (if so you might want to reconsider that strategy) Wink
1420  Bitcoin / Bitcoin Discussion / Re: [VIDEO] Craig Wright, inventor of Bitcoin (Satoshi Nakamoto), speaks on Bitcoin. on: December 14, 2015, 01:40:47 PM
You do realise that the guy does not have a PhD and has been therefore falsely calling himself a "doctor"?

Is that a crime?

Yes it is (at least in Australia and I mean to put the letters PhD after your name when you don't actually have one not the term "doctor" as a title which is only a crime if you are pretending to be a medical doctor which of course doesn't require a PhD in the first place) - I also suggest you stop with the ad-hominims on everyone that is simply pointing out the obvious (that the guy is a fraud).
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