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1841  Bitcoin / Development & Technical Discussion / Re: Message to devs from merchant on: November 10, 2013, 02:41:36 PM
BTW, I am running a full bitcoind on a 80USD ARM baord: http://cubieboard.org/ without any problem. So are we facing a big problem? I would say not yet
How much time did you spent on initializing?

How much time will you spend on restore corrupted DB?

How much time will you spend for sync if your bitcoind will go down?

Initializing: about 36 hours. But remember it's only a ARM board, like your cell phone. It could be much faster if I copy the blockchain files from another full node to the board

Restore: It has been running for 14 days without any problem and is still keeping up with the latest block.


and........... how about my SPV suggestion?
1842  Bitcoin / Development & Technical Discussion / Re: Message to devs from merchant on: November 10, 2013, 02:21:30 PM
so nodes will have an option to store full chain or only its part?

So SPV client like MultiBit is what you need

BTW, I am running a full bitcoind on a 80USD ARM baord: http://cubieboard.org/ without any problem. So are we facing a big problem? I would say not yet
1843  Bitcoin / Development & Technical Discussion / Re: Bad signatures leading to 55.82152538 BTC theft (so far) on: November 09, 2013, 11:49:24 PM
By the way its not really an upper limit: n+1 is a pretty valid private key, it's just that it's equal to 1 (as n+1 mod n == 1 mod n)
If you generate that way you will end up with keys which are not equiprobable. The difference from uniform is very small, but its a certificational weakness you should avoid.

Is the version of securerandom.js used at bitaddress.org safe? https://github.com/pointbiz/bitaddress.org/blob/master/src/securerandom.js

I personally don't trust any computer generated random number. All my addresses are generated with other methods with 256bit entropy
1844  Local / 中文 (Chinese) / Re: BTC转账不付费用,什么时候能到 on: November 09, 2013, 02:46:22 PM
https://blockchain.info/zh-cn/address/1EDkHAma65PvVn6oBtomjrWoKBkDosBGt1
原来有两笔的,现在到了一笔了,差不多24个小时的时间
这一笔,过了有近7个小时了

這個交易是高優先度的, 好運的話隨時都會確認
高優先度?大神请帮忙解释下,学习下

高優先度有三個條件, 都符合了:

1. 少於10kB
2. 所有輸出都大於0.01BTC
3. 輸入的bitcoin數量*確認數量足夠大. 你這個現在有4*95已經夠了 (https://en.bitcoin.it/wiki/Transaction_fees)

這樣的交易, 理論上是可以免費的. 但最近挖礦慢了下來, 交易又增加, 不付費的可能要等很久了
1845  Local / 中文 (Chinese) / Re: BTC转账不付费用,什么时候能到 on: November 09, 2013, 02:04:48 PM
https://blockchain.info/zh-cn/address/1EDkHAma65PvVn6oBtomjrWoKBkDosBGt1
原来有两笔的,现在到了一笔了,差不多24个小时的时间
这一笔,过了有近7个小时了

這個交易是高優先度的, 好運的話隨時都會確認
1846  Local / 中文 (Chinese) / Re: BTC转账不付费用,什么时候能到 on: November 09, 2013, 10:08:12 AM
有两笔从外面转过来的BTC,交易费用是0。几个小时了,一个确认都没有
一般这种情况会什么时候才能到

要看個別情況才可判斷. 你可以把交易號碼放上來嗎?
1847  Local / 中文 (Chinese) / Re: 国内比特币交易平台“您您发”有望接受信用卡充值方式---btc008 官方 on: November 09, 2013, 09:23:29 AM
又來了, 管理人員可以給他們一個scammer tag嗎?

各位新人小心: https://bitcointalk.org/index.php?topic=282237.0
1848  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 09, 2013, 03:50:49 AM
who crashed first?

should be China
1849  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 08, 2013, 02:04:04 AM
what's wrong with China? Why they don't buy at 1900? Is it a cursed number or something?

There is a 1000BTC wall below it
1850  Economy / Speculation / Re: Wall Observer - China wall movement tracker on: November 07, 2013, 02:53:02 AM
Looks like China is awake, and not afraid to continue buying it up.

Yes, the fiat transfer from bank account to btcchina is instant and fully automatic, which means it literally works 7*24 and no bank holiday.
1851  Bitcoin / Armory / Re: Lost wallet with virtual machine, have BTC address, can I recover coin? on: November 06, 2013, 04:09:56 PM

Can I generate new keys from this address?

The answer is quite obvious....... Can you recover the key with the address in my signature?
1852  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 06, 2013, 03:45:40 PM
Wow, Either Bitcoiners have really learned not to panic or the news hasn't spread.
The Selfish Mining attack :https://bitcointalk.org/index.php?topic=325824.msg3494144#msg3494144
https://bitcointalk.org/index.php?topic=324413.msg3475905#msg3475905
Something like this, though clearly mentioned "theoretical attack", would have triggered a panic sell @ $260.

this published well before the rally. just a theoretical and mostly impractical attack
1853  Local / 中文 (Chinese) / Re: 比特币K线图不专业的技术面分析 on: November 06, 2013, 03:23:41 PM
Quote
本篇文章所提供信息并不代表正确性

這句倒是不錯. 那是7小時和30小時線  Cheesy

感謝提醒,這一篇文章是我寫的!
今天才看到被轉帖過來,感謝你的糾正

我已經針對我的部落格文章進行修正了,
http://casual-relaxed.blogspot.tw/2013/10/1026.html

除非是短線炒作, 否則不會看這麼短的平均線
1854  Bitcoin / Development & Technical Discussion / Re: Majority is not Enough: Bitcoin Mining is Vulnerable on: November 06, 2013, 09:11:45 AM
This process runs away and leads any pool  that starts with >33% to end up with >50%, at which point the classic 51% attack becomes possible.


So that's the 51% attack mentioned in Satoshi's paper. I can't see any originality here
1855  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 06, 2013, 09:03:06 AM


I found an interesting fractal when comparing tonight's chart with last week's "mother of all cuphandles". Maybe it forecasts something that's about to happen: We go sideways for a day while drilling away at the resistance and then have a massive breakout?

I feel the same. Another handle may be forming
1856  Bitcoin / Bitcoin Technical Support / Re: How safe is my paper wallet? on: November 06, 2013, 08:30:51 AM
So I just bought some bitcoins and wanted to try to make them as safe as possible within a reasonable way. I also happen to have a raspberry pi, so here is what I did:

On my normal computer:
1. Formatted SD card.
2. Installed raspbian.

Then on my Raspberry pi:
1. Connected to the internet.
2. Updated software.
3. Downloaded and installed printer software.
4. Went to bitaddress.org and saved it.
5. Disconnected from the internet and changed raspbian log in password.
6. Generated multiple copies of my paper wallets and printed them.
7. Stored paper wallets and SD card in different locations I consider safe.

I could also secure wipe/destroy the SD card but I don't think it's necessary at the moment and I might want to create more wallets later on (I will never connect to the internet again of course).
I realize there are a few ways this could be insecure (other then gaining physical access to my wallets) such as:

1. Bitaddress.org doesn't make random enough addresses offline.
2. Some kind of software from when I installed raspbian on my normal computer or when I connected to the internet through my raspberry pi changed how bitaddress.org makes its keys so they aren't really random.

I can't think of anything else at the moment. How likely do you think any of the above is and what do you guys think in general of my method? Thanks in advance!


Depends on how paranoid you are, you may:

1. Check the hash of bitaddress.org against the one on github. Check it on the offline raspberry pi, not on the desktop computer
2. Audit the bitaddress.org code if you could
3. Never allow the raspberry pi connect the internet again or simply remove its lan port. Never use it for any other purpose
4. If you worry about randomness, generate private key by throwing dices, and transform the key into address with bitaddress.org
5. Never connect your printer to anything other than that particular raspberry pi. Your printer may store the private key in its RAM
1857  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 06, 2013, 04:38:23 AM
266.00001  Grin
1858  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: November 06, 2013, 04:30:50 AM
china is a 7 yuan from their ATH....

Looking at the charts they had an intraday high of 1944(!). But yeah, closing-price high has now been surpassed.

The march 23rd dump on that chart is crazy.

I know, I had to rub my eyes too. It says they sold down to 10 CNY, or 1.64 USD - dayyum!

16,000% profit in 7.5 months? Yes please. I wonder what the volume on that was.

That was a bug in their trading engine. Someone put an ask order at 10CNY, intended to sell at market price, and being executed at 10CNY. As far as I remember, BTCC compensated the loss of the client.

The same bug was (is?) also found in bitstamp's engine. So be careful
1859  Bitcoin / Development & Technical Discussion / Re: Majority is not Enough: Bitcoin Mining is Vulnerable on: November 05, 2013, 01:58:57 PM
This problem as I see it is non-existent. As I've talked about before Mining Block References (MBRs) can tremendously reduce latency which would squash this attack.
1) Make the nonce long enough that the extraNonce field is no longer needed in the coinbase transaction.

2) Now it's possible for miners to broadcast their Merkle tree as soon as they start hashing (10 minutes on average before they finish)

3) When they find a valid hash, now they only need to broadcast the block header because the rest of the network has (usually) already received and validated the Merkle tree.

4) Block header propagation is very fast and not dependent of the size of the blocks.

I feel that this post might be the solution to this 33% attack.

As a valid block must be pre-broadcasted in the step 2), earlier than a certain time period, and there is a single time system globally, the Selfish Miner's private block should not be seen as valid if it has no pre-broadcasted Merkle tree.

This precautions essentially makes everyone can announce a block no faster than a certain speed, so that we can constrain the centralization of Bitcoin mining power.

Selfish Miner can also pre-broadcast his Merkle tree.

The interesting points of this solution are to minimize the advantage of the low latency connection of the selfish miner.
1860  Bitcoin / Development & Technical Discussion / Re: Majority is not Enough: Bitcoin Mining is Vulnerable on: November 05, 2013, 04:58:13 AM
All ASIC will be broken so basically no one will follow this hardfork.
All ASICs get replaced after a few months anyway, so it would be no problem to define it 6-12 months in the future before implementing it.

The arm-race won't last indefinitely and it will eventually slow down. I don't see any chance to change the format of the 80bytes header unless absolutely needed, e.g. SHA256 weakened or timestamp overflow in the far future
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