OK, say you want to make a transaction. You fill out four things in the PC client: the wallet to transfer from, the amount of BTC, the destination address and the password for the wallet.
You press OK, and the transaction is sent to the device via USB for signing. The Send-To address is changed by malware to another address before being sent to hardware wallet for signing. Hardware signs the transaction. You cannot get any security on compromised computer! It is only a question how sophisticated is the malware. I was going to say something about using a hashed protocol, however if malware is on the computer it doesn't matter. The idea here is golden, as it does not involve a computer. This is for receiving only if I understand correctly. For receiving not even electronic device is needed to generate private key and address. Or the wallet can be generated on offline computer never connected to network. You can get a old used Pentium3 class computer for as little as 8 USD just for this purpose. And it is much harder to accidentally lose an ATX-size tower and for thief also it is much more physical work to do to steal a system block instead of small dongle. |
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Things have changing values over time. Take for example Pentium2-450 processor. Once it was a top of the line, it was best what can be put in your gaming rig. Now it is scrapped and have little use. In future as it is going to be difficult to find such CPU for legacy systems it will again be worth something. Value of things are relative to each other.
And free lunch is good thing. It is better than keeping food in supermarket shelves and throwing it out when the time expires. Everyone must be compensated for work and given what they need. This requires some redesigning of society using guns and propaganda.
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Both of these proposals is total BS
Bitcoins are hard to understand for majority of population is they are now. And the Bitcoin is excellent as it is now.
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Satoshi Nakamoto are pseudonym used by Yamomoto Kamikaze and Seppuku Fujitsu.
Who the hell are they? lol try to figure out! Did you just combine the only Japanese words you know to make up those names? Yes! |
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You would really only need one button held in while the bitcoin amount goes up. Press twice and the amount goes down while held.
A touchscreen replaces buttons. More expensive and awkward solution replaces cheaper solutions. And there is no need for up/down buttons as the amount is planned to be entered by software. |
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Satoshi Nakamoto are pseudonym used by Yamomoto Kamikaze and Seppuku Fujitsu.
Who the hell are they? lol try to figure out! |
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Would taxing profits from Silk Road sales make drug smuggling a legitimate business?
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Yes, he is not a highly skilled and experienced C++ developer. Fujitsu Kamikaze was.
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Why TrueCrypt does not even attempt to stop malware from compromising encrypted data? Read the TrueCrypt manuals if You don't want to listen what I say. The same with Bitcoins.
What You can do with computer malware can do too!
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Satoshi Nakamoto are pseudonym used by Yamomoto Kamikaze and Seppuku Fujitsu.
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And how many people will be comparing them? We are talking about people with IQ consisting of only two digits who infect their own computers with malware and still operate them.
Generate addresses that have matching few first digits like 1dice for every starting digits and have the malware to select address with matching start digits to display on LCD.
I can do many things, but I can't fix stupid. Many people try to do just that. Wallet encryption in original Bitcoin client is just that. How many trojan horses don't came with a keylogger? OK, say you want to make a transaction. You fill out four things in the PC client: the wallet to transfer from, the amount of BTC, the destination address and the password for the wallet.
You press OK, and the transaction is sent to the device via USB for signing. The Send-To address is changed by malware to another address before being sent to hardware wallet for signing. Hardware signs the transaction. You cannot get any security on compromised computer! It is only a question how sophisticated is the malware. That's why the destination address is displayed on the hardware display. It should be pronounced for blind users. What should the wallet do for retarded users? Make a USB-powered lobotomy? |
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In the same way a $5 bill is worth five $1 bills. What challenges would this present? Is this technically feasible? Would it help stabilize the currency? Discuss.
In the same way 5.0 BTC is worth exactly five times 1.0 BTC. We can also do 10.0 BTC, which is, you guessed it, worth exactly ten times 1.0 BTC. WTF are you talking about? The idea is that it would prevent deflation, if implemented correctly. Asshole. Only asshole would want to prevent deflation! |
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take away our oxigen and we tend to die. These things are provable, you can run test after test and get the same result. I would love to see the tests You have done to prove this!  Would You like something that gains value as time goes by or loses value with time? Take away bullshit of capitalistic thinking and it is obvious that money (not only bitcoins) must be deflationary. |
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OK, say you want to make a transaction. You fill out four things in the PC client: the wallet to transfer from, the amount of BTC, the destination address and the password for the wallet.
You press OK, and the transaction is sent to the device via USB for signing. The Send-To address is changed by malware to another address before being sent to hardware wallet for signing. Hardware signs the transaction. You cannot get any security on compromised computer! It is only a question how sophisticated is the malware. That's why the destination address is displayed on the hardware display. And how many people will be comparing them? We are talking about people with IQ consisting of only two digits who infect their own computers with malware and still operate them. Generate addresses that have matching few first digits like 1dice for every starting digits and have the malware to select address with matching start digits to display on LCD. |
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OK, say you want to make a transaction. You fill out four things in the PC client: the wallet to transfer from, the amount of BTC, the destination address and the password for the wallet.
You press OK, and the transaction is sent to the device via USB for signing. The Send-To address is changed by malware to another address before being sent to hardware wallet for signing. Hardware signs the transaction. You cannot get any security on compromised computer! It is only a question how sophisticated is the malware. |
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I made a rough calculations and the ping for node located on Moon will be about 1500. Back in days when I started using internet with 56k modem the ping of 700-2000 was a norm. If there is enough bandwidth for transaction relaying it will work. The solar arrays can give free electricity for ASIC mining. More space cookies please!  |
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The Bitcoin price is not tied to difficulty or cost of mining. For some people it always will be free to mine. Some who is mining more expensive than current bitcoin price might hold the coins in hope the price rises in future or sell them below mining costs to lose a little than lose everything.
I think the BFL will not deliver the ASIC at all. Making a working FPGA ir one thing, but ASIC with such specifications is not possible unless they use the latest 22nm fabrication process combined with some other unknown technology. There is no working samples, no update on fabrication progress, nothing. Just preorder and promises too good to be true.
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What is a moom?
That's no moom, that's a spicestation! He who controls the spice, controls the Bitcoin! Best spices on Silkroad Visual Basic 5 Pfizer Onion lol They sure control Bitcoin. My Moom does not understand this. Is the price going to skyrocket? Maybe, but without real market under that it will crash again and speculators will panic sell them. |
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The increase in difficulty will only increase coin supply in short term until difficulty adjusts. The mass adoption of ASIC will only change who will get most of the newly mined coins. And what the new coin owners do with them. They keep them or sell them. If BFL does not deliver there will be no sudden shift in newly minted coin owners. I dont know how much of the mined coins are sold or hoarded. If most of new coins are sold then reward halving will make the price go upwards. The BFL will have no influence on this. It won't affect the BTC to USD exchange rate. Why? Bitcoin proponents are optimists and a single company not delivering won't affect the exchange rate. My guess are that majority of people buying/selling bitcoins are here either for speculation or using bitcoins as a medium of value transfer (SR). (I'm assuming you are American....) I'm not American at all but I use USD as a reference point. The Euro prices does not differ that much form USD prices. |
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.onion addresses are long and not human memorable.
Mapping a short, catchy .bit url to an onion address would help TOR ease-of-use.
That's why Bookmarks feature was introduced with Internet Explorer 3.0 shipping with Windows 95 .onion does not require any CPU or GPU heating house to be secure (well merged mining solves partially that problem) .bit does not protect the anonymity of server serving it I consider Namecoin .bit domains almost useless because there are projects that solves the same problem more efficiently and more properly. |
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