Many ppl are still short, time for some bear squeeze?  anyone still short deserves their pain. trend is clearly up. This times for real. |
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nothing against piuk and blockchain.info but all of you should consider Armory with totally secure offline wallets and one time paper backups with a deterministic wallet. all the bugs that i could find have been worked out and i'm using it primarily now with multiple wallet interfaces.
Hmm, I didn't follow Armory development lately but to me the biggest advantage of the piuks online wallet is that I can access it from eveywhere I want - either via web or using the smartphone app. when i see a statement like this it makes me think that you want the convenience of accessing the wallet from any computer you happen to be around. the problem is that if you can access it this way then so can someone else. and you can never be sure of the security of the computer you use from keyloggers. i carry my laptop around with me pretty much everywhere i go with Armory and Satoshi loaded so i never have access issues. Eto is also going to be writing an smartphone version of Armory in the future. |
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we don't need no stinkin' icons!  |
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i think Selgin believes "someone" (who undoubtedly will have a vested interest) can set up a desktop computer, program it for 2% inflation, hardcode the software so that the algorithm can't be changed, and then tie the global financial system to it.
he doesn't realize that what makes Bitcoin work is the sheer size of the distributed network (which protects it) and open source nature (democracy at work) of the no inflation algorithm that ppl have voted to use and support with their money, time, effort, ingenuity, software, and hardware.
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Apple down.
Gold down.
Silver down.
Bitcoin up.
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Update emailed.
I don't like this.
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i think its more than just writing a computer program and pretending to throw the key away.
its making the computer program enforce the rule of the majority of participants who will respond to the program in a favorable way if it doles out justice in monetary policy. by allowing participants to contribute their own computing power to the network is the means of voting and making the network secure enough for a financial system.
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nothing against piuk and blockchain.info but all of you should consider Armory with totally secure offline wallets and one time paper backups with a deterministic wallet. all the bugs that i could find have been worked out and i'm using it primarily now with multiple wallet interfaces.
I will, when it's standalone, currently it is really annoying to have to run the official client and armory together to make use of it, also it eats away all my memory, so no thanks i'll wait a bit til it's developed more  It runs fine with 1.5G RAM now in Windows 7. I just keep both Satoshi and Armory wallets open all the time on my laptop and i suffer no performance issues. Well, that's good news. Last I heard (I hadn't been keeping too close an eye on the threads) it required, IIRC, around 4MB of RAM. Time to give it a shot. Offline transactions, here we come. due to RAM reduction, he's gotten the requirement down to 1.5 G for Windows and 512K for Linux installs. |
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Update emailed:
Cycle Theory Review
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Cypherdoc presented this problem to me, and I went ahead and examined this mysterious 'y' private key. I converted it to hex and did some digging with my tools.
It turns out there's a bug in Strongcoin paper wallet generation: A private key is supposed to look like:
[0x80 | 32-byte private key | 4-byte checksum]
This private key looked like:
[0x80 | 31-byte private key | 4-byte checksum]
For the same reason that we don't write "053" when talking about the number 53, it turns out that this private key had a zero on the left end that was truncated. When I added a zero-byte, the key imported fine. (you have to first convert to hex, there's no way to add an arbitrary byte to the Base58 key).
This error should occur only in 1/256 keys: the ones that have a '0x00' left byte. It's not surprising that it was overlooked, given how infrequently it can happen! I just emailed their support with the information. It should be an easy bug to fix.
you know you gotta stop going around and finding errors in peoples code. what'd it take you; all of one minute? |
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nothing against piuk and blockchain.info but all of you should consider Armory with totally secure offline wallets and one time paper backups with a deterministic wallet. all the bugs that i could find have been worked out and i'm using it primarily now with multiple wallet interfaces.
I will, when it's standalone, currently it is really annoying to have to run the official client and armory together to make use of it, also it eats away all my memory, so no thanks i'll wait a bit til it's developed more It runs fine with 1.5G RAM now in Windows 7. I just keep both Satoshi and Armory wallets open all the time on my laptop and i suffer no performance issues. |
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perhaps he lets the stock market collapse 54% and 57% like he did back in 2000 and 2008-9? or perhaps as much as the housing market has collapsed? aren't we back to prices in 1998?
The banks are more levered up now than they were three years ago, so that magnitude of collapse wouldn't just threaten to wipe them out - they'd be craters. If such a drop does occur, bank holidays will be guaranteed along with major distracting events - war, for instance. precisely. |
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perhaps he lets the stock market collapse 54% and 57% like he did back in 2000 and 2008-9? or perhaps as much as the housing market has collapsed? aren't we back to prices in 1998? i guess that would just be a flesh wound |
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bitcoind should also do what he wants though. No need to get everyone running alpha software for their primary wallets. Maybe try 'bitcoind -rescan'? Although the import should have forced a rescan. Can you check the address on block explorer and verify that there are funds there? i understand your concern with alpha software but i think he said he justs want to print extract funds out of a paper wallet which Armory can do right now w/o any trouble. |
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nothing against piuk and blockchain.info but all of you should consider Armory with totally secure offline wallets and one time paper backups with a deterministic wallet. all the bugs that i could find have been worked out and i'm using it primarily now with multiple wallet interfaces.
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