just pulled newest master from https://github.com/spesmilo/electrum-server.gitNot sure if It's new, but I'm seeing this in the log: INFO:electrum:joining IRC
Exception in thread Thread-6:
Traceback (most recent call last):
File "/usr/lib/python2.7/threading.py", line 552, in __bootstrap_inner
self.run()
File "/home/nick/electrum-server/src/ircthread.py", line 118, in run
client = irc.client.Reactor()
AttributeError: 'module' object has no attribute 'Reactor'
my wild guess: my python-irclib is outdated? I'm on debian: user@null:~/electrum-server$ apt-cache show python-irclib
Package: python-irclib
Version: 0.4.8-1
EDIT: problem now obsolete. I had to migrate to a different server (now ssd ;-) for harddrive failure reasons and the problem doesn't occur there. I also again have more than 10 session. I guess my irc stuff was borked all along. |
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I am a nobody in the grand scheme of things but will offer up an opinion anyway. If you mess with the blocksize of bitcoin people are going to balk and this coin will take a substantial hit. It has been around too long and too well established to start doing tweaks to it. Adapt to the perceived shortcomings or create a separate (forked) coin.
I was at a wedding and talking to an old acquiantance there. So what's new with bitcoin, he asked. He was genuinely interested, the ever-falling price didn't really scare him and he was thinking about buying in and becoming a user. I said there's currently a big debate about increasing the maximum amount of transactions we can process from 7 to 140. His reaction: " what do you mean, you can only process 7 transactions per second?!? That's clearly nowhere near enough. Bitcoin is going to fail if you don't solve that problem." I had to agree. 7 is not enough. I don't think they guy will become a bitcoiner before the cow has been moved. To be clear: I'm all for researching and implementing a real solution to the problem. But it's going to take a couple of years to do that. Let alone roll it out in a meaningful way. I was expecting the next ten-bagger (10-fold bitcoin ramp) sometime 2016. I think I will have to revise that expectation. If we're going to go with a 1 MB limit it's not going to happen the way I imaged. Public discussion will be about the scalability of Bitcoin and how slow and expensive it is to send money. There'll be no "to the mooon!"-posts on reddit, there'll be "fuck, my money is stuck again!"-posts. It'll drive people away and it puts an effective cap on growth. "Oh, but we've got the lightning network in the pipeline, in about 3 years you'll be able to send 1 million tx per second, so don't worry", is not going to cut it... at all. We need to buy time. |
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Wäre sowas ohne größere Verluste für BTC-Nutzer überhaupt machbar? Naja, andererseits gab es beim Altcoin Nxt schon mal so eine Situation (beim BTER-Hack) und sie wurde wohl ohne Probleme innerhalb weniger Stunden bereinigt, Verluste sind mir nicht bekannt. Da gings aber auch nur um eine Zeile Code.
Eine Zeile mit großer Wirkung. Das war meiner Meinung nach ein riesiger image-schaden für NXT und hat gezeigt, welch eine kleine und "zentralistische" Gruppe die nxt proof-of-staker sind. |
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they're my shiny little preciouses  Still have a couple of them lying around somewhere  "laying around somewhere"?!? I'm sure you know where your preciouses are! You should find them and count them!  ;-) |
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ah, thanks. I was on that page but thought the video was the tutorial. |
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Where did you get 2 years for the next bubble?
I expect silence stage is equivalent to correction stage in time (~1.5 years). I expect correction stage is in it final phase, end is not too far ahead. I expect bounce stage is ahead and may take up to 6 months. So 0.5 years of bounce stage + 1.5 years of silence stage and there we go. If this fractal indeed has merit, shouldn't we first see a revisit of ~$160 before the bounce would occur?  |
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is there a way to initialize a Trezor seed w/o revealing the master pubkey to mytrezor.com? is that what python trezor is for? can it be done through Mycelium?
I'm not sure the master pubkey is revealed to mytrezor.com at all. I vaguely remember slush or stick saying it wasn't the case. Does anybody know for sure or can point to the relevant part in the client code? |
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Pretty bold claims from Middleton, but I have tried it and it works, at least in a beta phase, not vapor phase or proof of concept phase, but beta phase. You can trade all tickers that Cypherdoc mentions on here.
I still don't understand how the tickers are fed into veritaseum to settle the bets. Can you explain that? Saying "it works" without understanding how it works is short-sighted. Twice or thrice I tried to find technical documentation (wading through all the promotional crap) and was stifled, so I assumed it is centralized bullshit. That's my assumption, too... until it's explained how it works and it works in a way I can trust (which I doubt, but I've been wrong before). If it's Reggie typing in 50000 tickers every hour then there might be no "counterparty risk", but there's plenty of other risk. EDIT: I PMed him, maybe he'll show up here and explain. If not, it hardens my assumption. See slide 14 here https://docs.google.com/presentation/d/1UxB33wp1rCncBtPbuzQbkS1SZg_fjCTNMqu-wZGii-o/pub?start=true&loop=false&delayms=10000&slide=id.g7b8415063_38Thanks for chipping in! Your other post ("centralized oracle") confirmed my suspicion. I don't share TPTB_need_war's view that that fact makes veritaseum centralized bullshit, though. I suspect it might be a great system. I love the fact that it lives on the bitcoin blockchain and has no other token. I also love that there's no counterparty risk and in addition I'm guessing it ties up some bitcoins in contracts and I do like that, too. About the "other risk": where is the oracle on your server getting the tickers from? I guess that process should be made transparent at some point so we can at least know how it could be manipulated. Certainly the incentive is high for some rogue employee somewhere to falsify some ticker feed you're pulling for just long enough for a large bet to be settled in his favor, no? Clearly there's noone capable/willing to fix something like that after the fact. Only the data feed is centralized, everything else is fully distributed, which is better than centralized (reference the first link that I put up which explains this). A decentralized data feed just wouldn't work and it would be taking a step backwards from the current legacy system unless and until we have more activity than the centralized exchanges. Securities data fees are commodity items, and very easy to corroborate, very difficult to get away with in terms of fraud and/or manipulation. As for someone in my camp manipulating a data feed, he/she would have a hard time doing so (we get them from 3rd parties) and even a harder time concealing it, and even a harder time than that getting away with it (each client plus the server has the ability to audit, although that is not implemented yet). You'd have to somehow change a data feed, hack into 3 disparate systems to inject that false data feed (whose real feed is freely availalble to all) and then hope nobody notices. As it stands now, I believe our system is safer than the status quo by a long shot. I understand. Thanks again for clearing some things up. For the second time I will try to get my hands dirty with this. I have the client installed and the wallet backed up. Now I need some newbie type of help. I checked veritaseum.com for documentation and found the quick start video. It's hard to dig through the promotional talk and I stopped midway for now. Is there some kind of written documentation somewhere on how to use the client and formulate orders? Is there a support chat on irc or a bitcointalk thread? I don't want to spam this beauty here. |
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hehe. Ich kann ihn auch größer drucken ;-) |
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Pretty bold claims from Middleton, but I have tried it and it works, at least in a beta phase, not vapor phase or proof of concept phase, but beta phase. You can trade all tickers that Cypherdoc mentions on here.
I still don't understand how the tickers are fed into veritaseum to settle the bets. Can you explain that? Saying "it works" without understanding how it works is short-sighted. Twice or thrice I tried to find technical documentation (wading through all the promotional crap) and was stifled, so I assumed it is centralized bullshit. That's my assumption, too... until it's explained how it works and it works in a way I can trust (which I doubt, but I've been wrong before). If it's Reggie typing in 50000 tickers every hour then there might be no "counterparty risk", but there's plenty of other risk. EDIT: I PMed him, maybe he'll show up here and explain. If not, it hardens my assumption. See slide 14 here https://docs.google.com/presentation/d/1UxB33wp1rCncBtPbuzQbkS1SZg_fjCTNMqu-wZGii-o/pub?start=true&loop=false&delayms=10000&slide=id.g7b8415063_38Thanks for chipping in! Your other post ("centralized oracle") confirmed my suspicion. I don't share TPTB_need_war's view that that fact makes veritaseum centralized bullshit, though. I suspect it might be a great system. I love the fact that it lives on the bitcoin blockchain and has no other token. I also love that there's no counterparty risk and in addition I'm guessing it ties up some bitcoins in contracts and I do like that, too. About the "other risk": where is the oracle on your server getting the tickers from? I guess that process should be made transparent at some point so we can at least know how it could be manipulated. Certainly the incentive is high for some rogue employee somewhere to falsify some ticker feed you're pulling for just long enough for a large bet to be settled in his favor, no? Clearly there's noone capable/willing to fix something like that after the fact. |
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Pretty bold claims from Middleton, but I have tried it and it works, at least in a beta phase, not vapor phase or proof of concept phase, but beta phase. You can trade all tickers that Cypherdoc mentions on here.
I still don't understand how the tickers are fed into veritaseum to settle the bets. Can you explain that? Saying "it works" without understanding how it works is short-sighted. Twice or thrice I tried to find technical documentation (wading through all the promotional crap) and was stifled, so I assumed it is centralized bullshit. That's my assumption, too... until it's explained how it works and it works in a way I can trust (which I doubt, but I've been wrong before). If it's Reggie typing in 50000 tickers every hour then there might be no "counterparty risk", but there's plenty of other risk. EDIT: I PMed him, maybe he'll show up here and explain. If not, it hardens my assumption. It works from an end-user standpoint, which is more than I've seen from any other project. Tickers prices are fed through an oracle, which is centralized. Also, the code is not open source... yet, which i cant blame them for not wanting all their work to just be copied into another system. In a nutshell, it appears to be blockchain.info 2.0. The blockchain.info model has proven to work thus far with zero trust issues, but we will just have to wait for more info to become available. Thanks for the info regarding the centralized oracle. I don't understand your comparison to blockchain.info. |
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Euer OT-System-Philosophieren ist wohl dieser Tatsache geschuldet:
In den letzten drei Tagen pendelte der Kurs zwischen 235 und 237 USD... Gähn
Ja, der Wahnsinn. Ich guck schon garnicht mehr. Aber in € war der Ausschlag grösser, da der € Kurs wieder gefallen ist ;-)
haha. Jetzt hat der EUR schon 'ne höhere Volatilität als der Bitcoin, oder wie? Na dann kann's ja losgehen, liebe Leute die ihr euch immer darüber beschwert, daß der Preis so schwankt. Derweil hab ich mir 'nen kleinen Bitcoin gedruckt:  |
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Auch wenn Griechenland nichts mehr an Rücklagen hat, glaube ich irgendwie nicht so richtig, dass die die Pleite gehen lassen. Ich denke da wird es in letzter Sekunde noch eine Einigung geben...
das Spielchen wiederholt sich immer wieder, solange bis irgendjemand die Nase voll hat. Der Euro und der Dollar bauen doch alle nur auf Schulden der anderen auf. Um die Schulden +Zinsen zu bezahlen macht man noch mehr Schulden. Irgendwann muss das System auseinander brechen. Das System eigentlich nicht. Da gibt's noch genug nullen die man dranhängen kann, rein mathematisch gesehen. Aber irgendwann haben die Leute den Kanal voll. Sich über Inflation zu beschweren ist mittlerweile im Mainstream angekommen soweit ich das beurteilen kann. Überall sieht man Leute ihre Kohlen in Solaranlagen oder sonstige ausbauten ihrer Häuschen usw. stecken (insofern funktioniert die Ankurbelung der Wirtschaft durch "Niedrigzinspolitik"), weil sie genau wissen, daß fiat immer weniger Wert wird. Irgendwann eskaliert das dann. |
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Pretty bold claims from Middleton, but I have tried it and it works, at least in a beta phase, not vapor phase or proof of concept phase, but beta phase. You can trade all tickers that Cypherdoc mentions on here.
I still don't understand how the tickers are fed into veritaseum to settle the bets. Can you explain that? Saying "it works" without understanding how it works is short-sighted. Twice or thrice I tried to find technical documentation (wading through all the promotional crap) and was stifled, so I assumed it is centralized bullshit. That's my assumption, too... until it's explained how it works and it works in a way I can trust (which I doubt, but I've been wrong before). If it's Reggie typing in 50000 tickers every hour then there might be no "counterparty risk", but there's plenty of other risk. EDIT: I PMed him, maybe he'll show up here and explain. If not, it hardens my assumption. |
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well-written Q&A, thank you.
I take minor issue with calling IBLT block transmission scheme "compression". It gives the false impression that storage requirements would somehow be decreased ("oh, we can ZIP the blockchain?"), which is not the case. Maybe call it a "bandwidth reduction scheme"? Not elegant, but I fail to find a good expression.
Let's move that cow!
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I believe the block size limit issue is getting critical. You guys should check out Reggie Middleton's Veritaseum. Quoting:
thank god he renamed from "ultracoin". Pretty bold claims from Middleton, but I have tried it and it works, at least in a beta phase, not vapor phase or proof of concept phase, but beta phase. You can trade all tickers that Cypherdoc mentions on here.
I still don't understand how the tickers are fed into veritaseum to settle the bets. Can you explain that? |
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if any of you were going to develop a cloud-based website with app for smart devices what platform and development software would you use? Conceptually, I know what I want but not sure what development software and tools to use.
depending on what you need natively on the device, a cordova-based framework like ionic could make sense. It allows to code in html5/js, so it's cheaper/easier to develop compared to making native apps for each target platform. Maybe also meteor might be an option. For editing files you can use a text editor like sublime textYou will have to think about the server and db infrastructure, too. Thanks for that. For the DB I have no problem using either MS SQL or MySQL. I do have more experience with MS SQL though. Now I have some research to do. You might want to google things like nosql, mongodb, couchdb. Those are less structured approaches to data storage, more document-oriented. There's nothing to be said against good old relational dbs imo, but the kids these days use other stuff that plays more nicely with the frameworks I suggested above. Structured databases and typed languages are for old farts like us ;-). |
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KenChanYu and Ltex taking some profits? Hope they both full their bags with more coins to keep the price above 15000.
Last time I sold some AUR was over a year ago, buying ever since... Can you push the price above 30k again just before the OSX wallets are compiled to bring the coin more attention? Attention from speculators? Not sure that's what the coin needs. |
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meanwhile the 'IBM Cloud' rains bitcoins on south america:  (click image for IBMs ad video) |
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