With bitcoin 0.8, it'll be even more important (bitcoin nodes can download only a list of unspent tx, which reduces the blockchain size to something like 200MB). This is not a planned feature of 0.8. While it will only use an unspent tx database, it still needs to download (and at present, store) the full blockchain. Just FYI. Thanks for the explaination. |
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It's hard to give a real world example, but you'll have a very hard time ever sending 13 BTC with 325 different inputs. In that kind of situation, you'd be better off sending your inputs into a separate wallet with larger chunks (keeping the transactions small while doing so). Do that a few times, then wait for those to mature, then use those to make even larger chunks (keeping transaction size small while doing so) again once they've matured enough to not require a fee. Note: This will not work if your initial inputs aren't big/old enough to avoid transaction fees. Each 0.04 input would have to be 25 days (I think) old prior to being merged.
The "bag of pennies" scenario is a significant problem for small miners on p2pool. Not so bad for larger ones. But the larger p2pool becomes, the worse this problem is. It's a hidden fee for using p2pool. You get your money faster than some pools, though there are many pools that don't require waiting for blocks to mature (or PPS where you don't even have to wait for a block). However, the larger p2pool becomes, the more frequently you'll be forced to pay txfees when spending coins. Maybe we can propose a change to the fee rules that put less fees on transactions that reduce the number of unspent tx. With bitcoin 0.8, it'll be even more important (bitcoin nodes can download only a list of unspent tx, which reduces the blockchain size to something like 200MB). |
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Bitcoin 0.8 will help new users to bootstrap the network. You wil need to download about 200MB insgead of several gigabytes.
Ps : your computer may need some cleaning if it crashes (dust removing or add some thermal paste below your cpu)
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So the only time a block reorg longer than 10 blocks will ever happen is because an advanced double spending attack.
Another case is when a country or an island gets isolated from the rest of the world. I guess that's why Satoshi did not put an automatic cementing feature. But such a case can be detected due to a sudden really slower network speed ? At least, the user may know it :p |
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You can store a hash (or a part of it) in the certificate, like abcdef01234567890, that points to a file anywhere, like : - http://abcdefg01234567890.yourdomain.com/bitcoin.data (no need to even use ssl, you just have to verify if the hash of the file matches the hash in the certificate - any p2p system that can provide data from a hash (namecoin, dht,etc) The file can contain any amount of data, any amount of addresses. Here is an example : - ssl domain : abcde01234.mydom.com - ssl file : http://abcde01234.mydom.com/bitcoin.certHash of the file must match hash in the ssl certificate. Example 2 : - domain in ssl cert : bitcoindata.mydom.com - name of the entry in namecoin : cert/bitcoindata - value of the entry in namecoin : pubkey1,pubkey2,etc You have the advantage to be able to update the addresses/pubkeys without to change the ssl certificate. |
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In a grocery store I pay with dollars coz noone accepts bitcoins. In 20 years the situation will be the same. Because some guys made a bridge between dollars and bitcoins. Because they hid a wallet with coins in a bank vault and gave ppl paper money. Because they made Bitcoin an instrument to store wealth.
I don't mind at all if a merchant do not accept bitcoins. It is, in the pure sense of the expression, his business. It's just the same with gold. I own most of my wealth in gold, yet I don't care if I can't buy anything directly in gold. Most of the things I buy, I buy them with euros I freshly converted from a gold sell. I only convert what I need when I need it, so I don't have to hold the silly money the merchant wants during too a long time. Hell it's even great that merchants want me to pay them with crappy currencies. Because they are so cheap! With a bicoin-friendly bank, I could convert my real money (gold and bitcoins) into shitty money (USD, EUR) in an even faster, more efficient way. What's not to like? OK. I got ur point of view. For u a bitcoin-friendly bank is a handy tool to make ur life more comfortable. For me a bitcoin-friendly bank is an obstacle on the way to world-wide adoption, which would make life of a lot of people more comfortable. Let's return back to the original topic. This is also a convenient way to buy bitcoins. I guess you'll be able to manage two accounts (1 BTC, and 1 EUR which accepts bank wire) in a web interface, that allow you to buy BTC with your EUR (and vice-versa). This is far more comfortable to buy bitcoins like that than existing solutions (bitcoin-otc, western union, etc). Won't new people be attracted by that ? |
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Thanks for your support  We reached 300 installations :p |
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So, you want to donate some money to charity but you don't want to spend a cent ? Good! I've what you need For those who don't know me, I'm the guy which manages Namecoin. And I'm here to present you the CharityAd project. The concept is simple : - you install a plugin in your browser - it replaces standard ads you are viewing by ads managed by CharityAd - it generates money- CharityAd distributes the collected money to charity All the stats are available on the Stats page because we would like to be as transparent as possible. We think it is important in such a project. The project has started around 10 days ago and we already made our first donation, to the Red Cross. The plugin is only available for Firefox, but a Chrome plugin is in progress. So, will you leave bitcoin some minutes and install this plugin ? :p |
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lol smoothie is such a little girl. Great work on this project im going to try it out
Thanks. Feedbacks are welcome. |
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Thank you for your support.
I don't support the project. I consider it dead or on life support. I know, and maybe that's why you criticize it (yes, I'm naive, some other people would say you missed the early adopter period and can't do speculation now with merged mining). But it is not dead and slowly acquiring new features. We lack a lot of things to become more popular : - guys who know how to make buzz, communication (I'm far from good at this, any volunteer ?) - a software ready for end users (GUI, installer, etc) - speaking about the project where is it useful (no, domain names are not the only goal) It's not because there is not as much people as in bitcoin that the project is dead. If everybody think like that, people wouldn't start new things, take part in the project and would be discouraged by people like you. What will arrive next is : - a support for tor domains - an integrated web search engine for namespaces - NamecoinBundle with namecoin+nmcontrol So, people, come and test Namecoin ! |
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Thank you for your support.
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Release of NMControl 0.8New Features :- Added "services" (see below) - Improved .bit support Changelog :* Improved .bit support for "ns" records * Split plugins between plugins and services * New service "DNS" * plugin NamespaceDomain has been modified to use the DNS service Plugins can now depend on a service that will be autostarted if needed. For each service used in a plugin, it can filter which requests to catch. For example, the plugin NamespaceDomain will use the DNS service to catch only requests for .bit domains and leave other DNS requests to the DNS service itself. This will allow other plugins to catch only what there are interested in. Download :Source : https://github.com/khalahan/nmcontrolArchives : https://github.com/khalahan/nmcontrol/tags
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It was displayed on http://explorer.dot-bit.org/ before, but as it is not useful anymore (currently there is 0.01NMC destroyed for each name_firstupdate, but it'll be 0 in some months) I've removed it. Here is the info : Total lost coins : 85127.53 To do the math yourself, you need each name_firstupdate tx with all tx_out and look at the tx_out with the script OP_RETURN. Not something you can do with the standard client. |
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I have a reply in mind, but it is possible I may not be truly understanding what Namecoin does, so let me ask this question:
Was it designed to be able to gracefully replace the current DNS system, or is it necessarily disruptive?
I'm not sure I understand your question, so, here are a lot of replies :p - the current DNS system does not allow to be extended to everybody at once without some changes being made at IANA (which controls top level TLDs) - you can't have .com registered both in namecoin and at ICANN, one must have the priority - you can add the TLDs you want in namecoin, they will be available on your computer with the IANA TLDs So : - you can use both standard DNS + namecoin - if you want everbody to switch to namecoin only there are 2 solutions : 1. IANA switch one day to namecoin and register all existing domains in namecoin * this would require some changes in namecoin, but is technically possible (but they won't refuse to get some million dollars :p). * each people could use namecoin or their normal DNS server and they will have the same results 2. everybody installs namecoin on their computer and use both standard DNS + namecoin for .bit (and any other TLD we decide to add) |
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Release of NMControl 0.7Features :- DNS server - .bit support (spec v1) Changelog :* Improved thread support (CTRL+C should now work everytime) - Program now stops immediately after a stop command or a CTRL+C - No more infinite loop in main program :p * Improved DNS server management - DNS server can now restart properly - Name resolution from .bit to IP has been moved to a dedicated plugin (pluginNamespaceDomain) * Add filter to load less data from namecoin - Only domain names from the 'd/' namespace are loaded if the dns server is started. - Other namespaces will be loaded if a plugin require it. * Add IPv6 support in DNS replies - Replies from DNS requests now support IPv6 addresses * Fixed some bugs & added debug infos Download :Source : https://github.com/khalahan/nmcontrolArchives : https://github.com/khalahan/nmcontrol/tags
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See the subject.
I taught Namecoin could be somewhat viable, but since the merged mining, there's not a lot of news on that currency. What's happening? Where are you? This sub-forum is almost becoming the Litecoin forum.
I have NOTHING against Litecoin, but it's simply that the lack of discussion about Namecoin is worrying me. A currency is for trade, and you can't trade if you don't talk. Where is the discussion?
Namecoin has a lot of potential and need a lot of work, so a dedicated website is required. So, most discussions about namecoin are on the namecoin website, and this is a problem indeed, a problem of visibility. I try to announce important things here, but I can't do more (when do I code ?) :p If some people interested by namecoin want to help with they way communication is done, they are welcome There are still a lot of things to improve in namecoin, and the more people give their opinion on those subjects, the more namecoin will evolve. Just after writing that, I'm realizing (thanks :p) that all those subjects are spread on the forum and important one are not visible enough So, here a list to correct this problem : Most recent/important subjects that need comments or coding :- default transactions fees, - cost of a new name or a renewal- develop the Alias system ( 1, 2, 3) - finalize the domain specification- new namecoin website ( http://namecoin.info/) - rebase on latest bitcoin or libbitcoin- build new binaries for windows and mac ( and this) No more apology ! |
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Release of NMControl 0.6Changelog :- Added DNS client : lib to resolve non .bit domains - Added DNS server : lib to reply to dns queries, connected to the data plugin to resolve .bit domains - Added DNS Service : to configure,start and stop the DNS server - Fix : don't try to stop an already stopped plugin - Improved start/stop log messages Todo :- It has only a first support of .bit (spec v1) that needs to be improved/tested/commented - No IPv6 yet. To update from sources (git) : To update from archive : https://github.com/khalahan/nmcontrol/tagsThe DNS server is auto-started. If you don't want it, edit the 'plugin-dns.conf' file and put : You can also configure host on which it will listen to share it on all your network (default is 127.0.0.1), port (53) and DNS servers that will be used to resolve non .bit domains and .bit domains configured with 'ns' records (defaults are 8.8.8.8 and 8.8.4.4). Note : to listen on port 53, you will need root privileges under linux (at least), so you will need to launch it as root or with sudo. Once nmcontrol is launched, change your DNS server to first use 127.0.0.1.
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A release with a DNS server and a first .bit support will arrive soon ! Thanks to the pymds library (DNS server) and the previous work done by sonicrules12324 |
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I think it's a bit too late for people to register anything with any remote value in terms of domain names at this point. They have had over a year to squat all the good names. Are you interested in names only for their value ? If people still register .com, .net, etc, you can guess there are still a huge number of interesting names in namecoin (less than 65K domains are registered). Plus undoing the registered names or trying to find a fair price and method for others to join will not work because you will piss off the early adopters if you take their "cookie" away... So, only squatting has some interest for you ? People knew that name price will decrease (50NMC at the beginning, 0.01NMC at the end). If we adjust the price (due to merged mining), people won't suffer from it. And, it's not about "trying to find a fair price and method for others to join", but setting a fair price : - to be not too expensive (no need to empty your wallet), - to be not too cheap and (there is no need to be able to register 100000 domains with 1 cent), - not to need to change it again in 3 months (price may be adjusted like bitcoin fees have been adjusted). Seems messed up. Perhaps a restart? And squatters will fight again for most "valuable" names ? What problem would it solve ? Other than that, did you try the above software ? Do you find some interest in namecoin or only in the website selling domains in your signature ? |
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Namecoin has no central authority (it is its aim), so, of course there are squatters. Do they annoy you ? Fighting with squaters is like fighting with Bitcoin speculants. You think they do evil, I think they bring popularity to system. Bitcoin possibly never rised without speculants. And so may be true for NMC and squaters.
Let the squaters to be, let the NMC to circulate. They will rise the circuation volume. Circuation is life. You can also participate in those topics if you have some constructive ideas about a "right" name price : - Registering is too cheap- Increasing the size of the value field |
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