There is a great potential in heating devices at least 2000W or more, but that will raise the difficulty in winter and drop it in summer I think you'll find there's miners in South America, Africa, Australia and New Zealand, too Not sure about Antarctica. Could be a nice PR stunt for Bitmain though I don't think Antarctica has cheap electricity, though.
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The risk to Bitcoin is not the NSA itself, but merely the RUMOR that NSA has cracked it...
That alone can undermine confidence.
So, if you feel the need to believe in a conspiracy, just tell yourself NSA is spreading a false rumor.
It's the cheapest way to undermine.
Perceptions are important but real issues are more so. Real issues need real evidence.
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Sarcastic post is sarcastic. Why are people getting all serious and mad at it?
I think he's actually serious...being humorous but still wants to create something. No, I don't think so. I understood this post as a parody to 21 and other projects.
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Sarcastic post is sarcastic. Why are people getting all serious and mad at it?
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Actually, there is a feature in the forum where you cam disable it. So the tool would be useless... Goto Profile- Look and Layout Preferences - Dont show users signatures I do want to see signatures. What I don't want to see is signature campaigns. Then you need the signature campaign blocker (Blocks every user that is participating or willing to participate in a signature campaign) And the difference between that and the software listed here is...?
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Believe me, if there were a revolution in USA right now and people were organizing and communicating via SHA256 encoded text, suddenly SHA256 would "get cracked".
SHA256-encoded text? I didn't know hashes could be used for encoding.
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Actually, there is a feature in the forum where you cam disable it. So the tool would be useless... Goto Profile- Look and Layout Preferences - Dont show users signatures I do want to see signatures. What I don't want to see is signature campaigns.
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So we have a little less than one year to sell our Bitcoin before it becomes a clusterfuck. Ok, thanks for the info.
You don't want them? You can give them to me.
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For anyone who has a reasonable understanding of cryptography, this is as silly as not trusting the number 0 because we're unsure who was the first culture to use it.
No, it would be not to trust the number 0 because we're sure the Mayans created it, and we know the Mayans are evil (you know, with all the 2012 doomsday thing... what year is it again?)
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But no! The problem is not storage, but bandwidth. At least that's what many claim. Bandwidth becomes a problem at over 1 MB every 10 minutes? My moderate Internet connection can download 1 MB every 1/8th of a second. Yes, but apparently there are people with 56k connection that want to run full nodes... And now that I think about it, it's still enough to handle 20 MB every 10 minutes, isn't it?
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one small step for future upscaling one Giant Leap towards complete centralisation How is it a "Giant Leap" to complete centralization? The blocks won't instantly become 20mb and by the time they are it won't be a big difference that storage size will be larger than it is today. We are talking a full Terabyte a year at every block being 20mb, this would have to be one hell of a busy network and at the standard. For 5 years of block chain it would only cost 120$ http://www.newegg.com/Product/Product.aspx?Item=9SIA5AD2RS3903, if you don't think in 5 years the price of 5tb will be A LOT cheaper just look at my previous post and again this would have to be at full block capacity which it won't be for quite some time. The idea of nodes being centralized is only theory and it doesn't hold much water. But no! The problem is not storage, but bandwidth. At least that's what many claim.
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Light weight clients are nice and even I use them, but the blockchain is getting more and more centralized, what kills the initial concept o Bitcoin.
I don't that “kills” the initial concept of Bitcoin at all. Long before the network gets anywhere near as large as that, it would be safe for users to use Simplified Payment Verification (section 8) to check for double spending, which only requires having the chain of block headers, or about 12KB per day. Only people trying to create new coins would need to run network nodes. At first, most users would run network nodes, but as the network grows beyond a certain point, it would be left more and more to specialists with server farms of specialized hardware. A server farm would only need to have one node on the network and the rest of the LAN connects with that one node.
The bandwidth might not be as prohibitive as you think. A typical transaction would be about 400 bytes (ECC is nicely compact). Each transaction has to be broadcast twice, so lets say 1KB per transaction. Visa processed 37 billion transactions in FY2008, or an average of 100 million transactions per day. That many transactions would take 100GB of bandwidth, or the size of 12 DVD or 2 HD quality movies, or about $18 worth of bandwidth at current prices.
If the network were to get that big, it would take several years, and by then, sending 2 HD movies over the Internet would probably not seem like a big deal.
Satoshi Nakamoto
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First NSA had already broken Bitcoin, now they are attempting to break it? Are we going backwards in time?
So what do they got after they break it? And why OP ask the same question again? Will NSA break this again for the second times? No, they are just assumptions, but people got their assumptions backwards, I guess.
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First NSA had already broken Bitcoin, now they are attempting to break it? Are we going backwards in time?
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Bitcoin was not designed to be an investment. It's like saying that I can invest in dollars (which I certainly can, but that's not what dollars are for).
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Why exclude gambling sites? All this site can add value to bitcoin.
I think it's to look for more practical purposes of Bitcoin. Gambling can be fun, but it's not practical.
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I'm surprised that an altcoin hasn't yet been released to do this very thing. Still, even if the key was somehow found, I agree with others that this would amount to theft rather than once or twice in the lifetime of the universe luck.
An altcoin? How does that help in anything?
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Yeah, let's talk about “Gavincoin” again. Why not?
Let's see how many logical fallacies appear this time.
fallacy spotted. The game is not just to spot them, but to prove they're fallacies.
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there is no proof that he is dead already
Where is your proof that he is alive? Where is your proof that he is dead?
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Yeah, let's talk about “Gavincoin” again. Why not?
Let's see how many logical fallacies appear this time.
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