I don't want to be in and out of the cold wallet every day... Thanks.  You might find some use to my procedure on this. When I go into the cold wallet I prepare and pre-sign some "unfroze" transactions, sending each output sent to the cold wallet back into a handy address. You can print those transactions instead of the private keys, to have a more secure backup, and you can gpg encrypt those transactions and have them lying around in some offline media to be plugged and broadcasted whenever you need them... |
|
|
|
No rush at all. If it's 24h that's fine too.
This is only the 2nd transaction I've made from the cold wallet, so I'm being very slow and careful. The cold wallet is a bitcoin-qt wallet with a very strong passphrase, on a computer that is never online and doesn't have the blockchain on it. I hand-pick the output I want to send, then sign it on the offline machine using bitcoin-qt's raw transactions interface. Then I copy the signed transaction onto my online machine using a memory stick to broadcast it. I understand how easy it is to mess up a raw transaction and accidentally tip the miners thousands of coins. So I won't do that! To simplify things I sent a single output, to my online wallet, and then sent you the amount you needed from there once it was confirmed. You should have the full withdrawal now. lol, you're almost as unbearable as I'm on handling these sort of matters.  That's nice, and reassuring. Keep up the good work. |
|
|
|
So question should have been:
"Which Bitfountain does ASICMINER belong to, as there is more than one?"
who filed the patent on these usb devices?..what Bitfountain link is everyone talking about here?..thanks You are officially my first ignored user. Congrats! And my second. Keep up the good work, TECHICENINE! |
|
|
|
|
PVW9z5rVw32YgKimWeCCnPjrVk7ZZn4o66
ppc market rating 10000 Criptomonedas
|
|
|
|
Reminder -- We're collecting questions from the community that will be compiled and voted on (by the community as well,) and passed on to Friedcat by TAT.
If you have questions that you feel are important, please submit them via PM to either ThickAsThieves, FrankTank, VJain or myself.
Ian
Did he answer the last set of questions? Yes. ThickAsThieves posted Friedcat's response here: https://bitcointalk.org/index.php?topic=99497.msg2460719#msg2460719One of the downsides of the process we went through with the first shareholder poll, where TAT posted Friedcat's response to the forum rather than Friedcat posting it directly himself, is that it is now very easy for a shareholder or investor to miss that response if they attempt the (often recommended!) readthrough of just Friedcat's posts as a means of filtering through the incredible amount of clutter in this thread. Having Friedcat directly post his response to future polls would be ideal. There should be a specific, locked down thread used only for announcements. It's about the third time I suggest this, but nobody goes ahead with it. Well, iirc somebody did sometime, but afterward he stopped. |
|
|
|
|
Please, can somebody interested on keep on speculating about the short term hashrate changes of AM create a thread about it on the speculation subforum?
And please, link it here and everybody, please, keep the speculation there.
Thank you, very much.
|
|
|
|
friedcat for president !
Of any specific country?  Of the Autonomous Self-determined Free Space of the Internet. |
|
|
|
Why not create a new thread, friedcat fans club
Cause this might lead to a server crash @ bitcointalk ;-) Yes, please. Or make a T-shirt development one, or whatever, but it would be nice to leave this thread for things at least slightly related to ASICMINER... |
|
|
|
There's #bitcoin-ar too, for Argentine people. Still not very crowded, but sometimes we have some action there.  Good to know, neighboor, meet us brazilians at #bitcoin-bra, we are growing strong too. Viva Sulamerica =P Kind of want bra's with a BTC on them now Me too, me too  Joined. Long live southern brotherhood! |
|
|
|
This is the first transaction of a chain of 7 non-standard unconfirmed transactions which has to be confirmed before the dividends can be confirmed. That payment script is a mess, and the satoshis are making a storm of dust. 
|
|
|
|
My understanding is that coins from new blocks can't be spent until 100 other blocks are generated. You can't issue confirmations for your own blocks, basically. Maturity was the issue the last two weeks, but not now. Now the problem is just the mess of the satoshis transactions being rejected due to the low fee and low outputs, and causing a horrible chaining of unconfirmed transactions... Really, please, stop the shatoshis madness... |
|
|
|
based on the letter we believe they have some significant misunderstandings on how this technology works.
You are too polite. He's a good businessman. They don't even care how this technology works. Not in the slightest. They just want to take their cut and/or mainly to impose their restrictions onto it to continue their sovereignty over money... |
|
|
|
Sure, you could kindly ask AM to stop polluting the blockchain, but it would be kind of pointless: other people can still do that, and you're not going to "kindly ask" them all: this is a social dynamic that "just doesn't work".
Handling it as a security/protocol issue is IMAO a better approach, because you really have a chance of success, even if people do not wish (or care) to cooperate.
Other people, any random user, doesn't have 30% of the hashrate. We're talking about one of the big players here, and you know how it goes, with great powers... But lets stop derailing this thread even more.... |
|
|
|
if this kind of transaction bothers anyone, he should press for mandatory fees or something like that, but as long as the protocol allows it, then you should blame the protocol. The catch here is ASICMINER is quite capable of including their own txids into blocks to ensure they are submitted. Which imho there is nothing wrong with, they are doing the work and as many have said can include whatever txids the protocol can support. I completely agree and was going to say the same thing. This is a non-issue. As I said, at most you can press to change the protocol rules, i.e. declaring invalid a transaction without your desired requirements. This would prevent any miner from including it. Of course, this is an hard-fork and you would need to be pretty convincing. Still, until you do, there's no complaining. Sorry for being rude, but it's for the sake of clearness. There's no rule nor protocol or law preventing anybody from shitting on their food. There's no need for it, because it's absolutely obvious the inadvisability of doing such a thing... Now. if ASICMINER wants to shit over the blockchain, it's ok that they're able to do it. I can't see why somebody should go to the hassle of finding a way to stop them. But that's hardly advisable for themselves, considering that they're eating from the blockchain too... |
|
|
|
The percentage of the dividends received on your address is as good a proof as the sathoshis themselves, if not better, considering that they're not spam. And they're also forever on the blockchain. There's an easily done deterministic process to go from percentage of dividend received on a given time to amount of shares owned...
That's only true for the exact time frame you've received the dividends. Shares may have changed hands after that. Yeah, this also applies to the satoshis spam. |
|
|
|
Asicminers usage of satoshies/dust at least has real utility. What is the utility? (honest question) It verifies the amount of shares held by each shareholder on a schedule. Not only this, but its in the blockchain FOREVER... not some spreadsheet that can just disappear or be changed. If someone wants to know how many shares I have, I can prove it by signing the div address... how would I prove ownership with a spreadsheet? Sure there are ways... but considering the block chain is available and can handle the function nicely, its a good use. The percentage of the dividends received on your address is as good a proof as the sathoshis themselves, if not better, considering that they're not spam. And they're also forever on the blockchain. There's an easily done deterministic process to go from percentage of dividend received on a given time to amount of shares owned... |
|
|
|
Will the new bitcoin client cause a problem for ASICMINER by limiting dust transactions or can ASICMINER now relay their own Satoshi size transactions?
Well, they can, but they should really stop spamming the blockchain regardless :/ Spamming the blockchain? Asicminer do it once a week, in a big transaction... go blame SDice for spam. Asicminers usage of satoshies/dust at least has real utility. It's a matter of principle, and regardless of how often it happens, it's spam. The blockchain isn't supposed to transmit arbitrary data like "you own that many shares" or "it's xx degrees here in florida". And we can add that this particular transaction doesn't add any significant information. IMHO it would be way better maintaining a public spreadsheet where shareholders can verify theirs holdings some time before the dividends, in case they have to claim something. But this process of marking holding, followed immediately by dividends, is way, way pointless and harmful... |
|
|
|
This transaction has to reach 100 confirmations before the transaction can be considered valid to be relayed. It should take, on average, about 4 hours and 20 minutes.
|
|
|
|
This is the earliest transaction which has to reach 100 confirmations, before it can be spent. It is 73 now. The rest of the transactions are horribly chained after that, so, it could be a while... I am guessing this is a solo mined block? Do all mined blocks need 100 confirms before they can be spent? Yes, it's the coinbase transaction of a solo mined block. It matures at 100 confirmations, and can't be expended until then. The standard clients will simply reject the transaction until then. |
|
|
|
|
Show Posts
