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21  Bitcoin / Project Development / Re: Official Client Needs Easy-to-use Wallet Management on: April 04, 2011, 04:12:52 AM
It takes time for developers to discuss change and figure out what's the best way to do things.

I understand that encryption details might need a discussion, but a wallet load/save feature seems like it should have been there from the beginning. I'm a developer too, and I would consider wallet handling critical priority. I'm just curious if something like this is even in the pipeline is all.
22  Bitcoin / Project Development / Official Client Needs Easy-to-use Wallet Management on: April 04, 2011, 01:46:54 AM
If one of the goals of Bitcoin is to have it be widely used, it needs to be easy to use. Currently, only computer-proficient people have the skills to use Bitcoin effectively. There are two major barriers I see that prevents the non-computer-proficient person from using Bitcoin. Both relate to the wallet file:

1. The wallet is 'difficult' to access/backup/transfer. What percentage of eventual Bitcoin users would even know where this wallet file is stored? Even fewer know how to navigate to their hidden-by-default AppData folder. (I'm assuming most people would use a Windows installation).

2. The wallet is completely unsafe. Everybody who uses the default installation option has an unencrypted wallet ripe for the taking. It would be easy to write a little *.bat script to steal a wallet. You cannot expect the non-computer user to understand how to encrypt a file using third-party tools, especially a file so 'difficult' to access.

Bitcoin adoption could be facilitated by having some rather trivial additions to the client:

Functionality changes:

  • Wallet is always stored in an encrypted state when not in RAM.
  • When the Bitcoin client starts, user must provide password to the encrypted wallet. Upon success, wallet resides in RAM so it can be used.
  • When a new address is created, the program can automatically update the encrypted archive with the new payment keys.
  • When the program is closed, the wallet file is still encrypted/safe.
  • As a result of the previous point, the wallet is safe even if the program is closed unexpectedly (power failure, or the like).

UI Changes (under 'File'):

  • Save current wallet as...
  • Load wallet...
(Of course, a prompt for an encryption password would show up for either of those options).

This functionality would take a very small amount of effort to implement. Is there a reason this hasn't been done yet? I am trying to introduce Bitcoin to family members, and these are problems I anticipate. Some are very interested in the concept, but cannot navigate a file browser. To be honest, most people in the world are not that great with computers, but still participate in the economy. User-friendliness is key. I believe that simple changes like that would expand the economy by orders of magnitude.

Please let me know what efforts are being taken to make Bitcoin completely accessible to anyone interested, not just the technologically inclined. Thanks.

EDIT:  I just now noticed there were two dev boards. I originally posted this to what looks like the third-party dev board...but my proposition needs to be in the official client. Wallet management should be a core feature.
23  Bitcoin / Mining / Re: Electric power bill on: March 26, 2011, 11:16:11 PM
Slightly offtopic, but I was just thinking that some people probably steal electricity from their employers (run miners in the background at work).

I don't do this as by the way as I'm self-employed and work from home!

But I am curious if any employee-types would admit to doing this.


At most companies, work computers aren't that great. I'm saying people would most likely have to do CPU mining on machines that may not have had their hardware updated since 2005 or something. Besides that, the company would detect a lot of IRC traffic, wouldn't they? Probably not worth the trouble of getting caught for just a few Mhash, if that.

But I'm sure some people are doing it anyway. Might as well have the computer do something if it's going to be on all of the time, they might say. And if you're lucky enough to have Radeons in your work computers, then all the better.
24  Bitcoin / Bitcoin Discussion / Re: What are the odds we'll find a collision by the time the last bitcoin gets mined? on: March 24, 2011, 08:19:55 AM
What's to stop me from repurposing my miners to continuously generate new addresses?  It doesn't seem like it would take long to generate a significant chunk of the key space.

Lets say you generate 16 billion addresses per second.
Lets say you do this for 400 years.
You now control 1.38196 × 10^-28 ratio of the addresses.
That's 0.0000000000000000000000000138196% of the key space Calculation.

That's not really a significant chunk. I think there is more of a chance of a gene mutation that would allow a baby to be born as an adult with superpowers, then he or she could just rob banks.

Basically pretty much EVERY bad thing you can have happen to you has a larger chance of happening than an address collision.

EDIT: I must add that generating 16 billion addresses per second is beyond what a standard person can do. 16 billion addresses is 16000000000*160 bits or 298 GB minimum for just the public key portion in your wallet for just one second of those theoretical 400 years. I think most people would run out of resources fairly quick.
25  Economy / Marketplace / Re: .: DOUBLE TROUBLE :. NOW OPEN on: March 24, 2011, 06:31:14 AM
Just want to confirm that I played and won 4 BTC on there. Thanks!
26  Bitcoin / Pools / Re: New mining pool with proportional and pay-per-share reward distribution on: February 27, 2011, 07:40:21 AM
What happens if you switch from proportional to per-share in the middle of this block if you've gotten a lot of shares in proportional? Will I still get credit for all of those shares?

I think the difficulty will be going up in the next couple hours (block 110880), so hopefully somebody in this pool solves a block before then.
27  Bitcoin / Mining software (miners) / Re: RPC Miners (CPU/4way/CUDA/OpenCL) on: February 27, 2011, 03:28:34 AM
Is there any particular reason that the CUDA miner would only perform at maximum khash/s if its CLI status window were the foreground window? I'm seeing consistent drops from 16000khash/s to 6000-9000 khash/s when the window is not in the foreground, even if absolutely nothing is happening in whatever window is the foreground (even away from the computer).

System: Windows 7 Enterprise 32 bit, 2.9ghz Core2Duo, Geforce 9600GT, 3gb RAM.


I'm another person that has issues with the CUDA miner speed dropping significantly if it isn't the currently highlighted window (109000 khash/s down to around 16000 khash/s). I really like this miner, but I pay ~100khash/s opportunity cost to actually use my PC. I run the 4way miner at the same time and see no slowdown when it isn't the active window.

I have W7 Professional 64-bit, mining on a gtx 480.
28  Bitcoin / Pools / Re: New mining pool with proportional reward distribution on: February 27, 2011, 01:48:12 AM
Now you can try some new exciting feature - optional Pay-Per-Share mode is enabled in my pool. You can choose payments method for any of your workers, look at your account page for workers configuration.

Current rate is 0.0012342331201539 BTC per share.

I'm curious, being new to pooled mining--what is the motivation for choosing one mode over the other? Is it to remove some of the luck component?  I can see that maybe if the pool as a whole is really unlucky and doesn't solve a block then each share in "proportional" would be worth less than if the pool solves it faster.

Does the current pay rate you have there represent the statistical average rate we would expect in proportional mode anyway?
29  Bitcoin / Pools / Re: New mining pool with proportional reward distribution on: February 26, 2011, 05:14:18 PM
Confirmed I got my first payout with this pool. Finally...my mining amounted to something.
30  Bitcoin / Pools / Re: New minig pool with proportional reward distribution on: February 26, 2011, 04:58:49 AM
Trying to use puddinpop's rpc miners. I've never joined a pool before--what am I missing?

Code:
rpcminer-4way.exe -server=deepbit.net -port=8332 -user=XXX@XXXXXXXXX.com -password=XXXXX

EDIT: Never mind, figured it out. Replacing server/port with -url=http://example.com:8332
31  Bitcoin / Mining / Re: CPU mining with the original client is viable? on: February 26, 2011, 02:38:51 AM
my PhenomII X3 gets ~7800+khash/s already on jgarziks cpu-4way, or ultrasofts cpu-miner,
an X6 should get about twice as much.

I'm running an X6 1090T BE, not overclocked and can confirm that I get ~17500 khash/s.

Are you running with the 4way switch? I have the same proc, and I'm getting ~20khash/s with pop's cpu miner.

Oh yes, I am. I didn't realize this topic was about the original client. I must have been skimming too much when I replied.
32  Bitcoin / Mining / Re: CPU mining with the original client is viable? on: February 25, 2011, 11:52:08 PM
my PhenomII X3 gets ~7800+khash/s already on jgarziks cpu-4way, or ultrasofts cpu-miner,
an X6 should get about twice as much.

I'm running an X6 1090T BE, not overclocked and can confirm that I get ~17500 khash/s.
33  Bitcoin / Bitcoin Discussion / Re: Can I be taxed? on: February 24, 2011, 02:52:18 AM

I have a question about taxing and how easy it is to find me.
...

But seriously, how can Bitcoin become ubiquitous without dealing with the tax issue? If it ends up displacing USD or whatever currency is in the country of interest, then the government would essentially get no funding because it is nearly impossible for them to figure out who owns which bitcoins, how me depositing to my "savings" wallet is any different from a commercial exchange, and if specific bitcoins are still even "in" the country or not.

Like it or not, at least some taxation is necessary, so I'm trying to see how bitcoin can succeed when the global scope and decentralization makes it practically impossible to tax? (If this information is out there, please let me know. I've pretty much been reading about bitcoins all week and this doesn't seem addressed.)
34  Bitcoin / Mining / Re: nvidia 480 khash? on: February 23, 2011, 05:29:33 PM
I get 108000-109000 and I haven't overclocked it. I use the CUDA rpcminer.  When I use poclbm (opencl), I get around 104000.
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