As u know, each time u make a payment Satoshi's client generates a new address to send change to. He (or someone else) also advised to create a new address each time someone needs to receive a payment (for anonymity reason). Entropy of an address is 160 bits (due to RIPEMD-160 "compression"). Applying Birthday Paradox we get that when 2^80 addresses are created we will, likely, get a collision. This is not critical, coz "older" address will be empty, probably. But this can be used in black PR against Bitcoin. An adversary (who is generating addresses non-stop) will be able to show 2 different public keys with the same address. Media will be happy to publish articles with "Bitcoin completely broken" title... I understand that the eventual collision of two keys will be blown way out of proportion and used as an attack by the media and conflicting interests. However what can we do? The current advice to not reuse keys is very sound and the benefits outweigh the risk by far. What could a solution be? So that the media never gets this opportunity... CFB, if the key space is now 2^161 how much does this offset the probabilities in the birthday paradox? What keyspace would make any collision unlikely given every human producing a trillion addresses every nano second for thousands of years? 2^1000000? As I see your claim, that a collision is going happen sooner than the conventional thought allows, the solution would be to make the key space so much larger that any collision is unlikely forever. |
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My aunt told me it was aliens who created "the Bitcoin".
She saw them landing and sneaking into an internet cafe. They forgot to log off on Bitcointalk, so she was able to see what they did there.
True story!
Smart Aunt! |
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My father is Satoshi!
Dude you're talking total crap, how do I know? Because my father is the goddamn motherfucking Satoshi! |
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minerpart, does the report show how much money is left in USD and Bitcoin?
How much money is available to buy the main batch when its ready?
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They are all megaupload related.
Maybe OP deliberately lies about the NSA thing anyway.
This may explain why US authorities were extremely interested and violent in Megaupload's case and not other sites.
My fathers a dual citizen of the EU and he told me the Americans did it ALL for political reasons and it does not matter who my dad works for, dont hate, hes providing for his kid! Who happens to be trying to change this world by patenting a health and fitness product and using the proceeds to one day own my own cryptocurrency ETF! Correlation between BTC/USD/GOLD: http://thegenesisblock.com/want-to-know-where-btc-prices-are-going-watch-usd/Negative! The NSA does not employ dual citizens!!!! (Unless they hold israeli citizenship) |
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Does your dad know where the NSA stores the Bitcoin master key?
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Ukyo, will you allow movement of funds if a base fee of 0.0001 is paid? At the moment there seems to be no way to force a fee for microtransactions.
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Thank you for that, can you please try now?
Nice work Ukyo, it seems to work now.  |
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Just to confirm, are we talking about bitfunder or weexchange?
Sorry. Bitfunder.  |
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Can you please try this again? I just changed it to 0.00000001.
I just gave it another go, I cleared my cache too incase that was the issue, its only a dust amount so nothing too important, but yeah I get the warning still. Would logging out and in make a difference? |
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Minimal Withdraw Amount
฿0.10000000 I still get the message saying I am not allowed to transfer. |
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Sorry for ramblings it just feels like crickets in here and I am the only shareholder left...
And even you are selling your shares. That must mean there are 0 shareholders left then. Haha there would be someone left after they buy mine... Although I think I will be holding for a very long time, I am not desperate enough to sell below cost. Yet. |
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If anyone is interested, we are now creating dividends at the same rate we were on the 30th of September. So the extra hashpower pushed back the decline by 2 weeks.
Also to get you all excited, just one 24TH/s machine will increase our mining ability by over 10x!
Although some shareholders predict 20TH/s may be our ceiling, I am hoping ActiveMining does way better and with 50% reinvestment we might be able to maintain single digit percent of the network for a long time to come.
Sorry for ramblings it just feels like crickets in here and I am the only shareholder left...
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Quick question regarding shares - I was verified on bitfunder and the initial instruction was "if you can't get verified, transfer your shares by nov 13th" - but what is happening with verified shares?
All the shares have to be given back to Ken, verified or not, makes no difference now. Do we actually have to "tender" them tho - because the shares lists are all public anyway... Ken asked us to tender them, but now the exchange is closed I am not sure if it would make a difference. |
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Quick question regarding shares - I was verified on bitfunder and the initial instruction was "if you can't get verified, transfer your shares by nov 13th" - but what is happening with verified shares?
All the shares have to be given back to Ken, verified or not, makes no difference now. |
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I don't remember Ken saying that 20TH/s was happening. Ken does not post things like that anyway.
VE is probably getting confused with me, I keep whining about getting at least 24TH/s online.
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Selling 18.500 shares for 60Btc.
Your price is way better than mine, maybe we should put together a google docs? | |who | |amount | |price | |price per share | | LorenzoMoney | 169,000 | 1014 | 0.006 | | drawingthesun | 114,425 | 500 | 0.004369 | | eikzbtc | 18,500 | 60 | 0.003243 |
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With all this talk about a blacklist, do you guys see a future where "clean" Bitcoin are more valuable and therefore mining hardware becomes more popular because mining is the only way to get "clean" Bitcoin (no previous outputs)?? Do you think this should be advertised by mining companies?
The idea of blacklists infuriates me. This is not so much because people are doing it, that will happen, but instead because it seems the foundation and a few core developers are behind the idea. Remember that mined coins could be added to such a blacklist. The government might require all mined coins to go to an identified address (with Kens name on for example) and thus become clean, anyone mining coins and not submitting to the identification requirements will automatically be blacklisted. So no, mining companies will not be a solution to the blacklist. |
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so buying your share is gambling？？
I guess so, if Ken delivers the miners and we gain 2%-4% of the network the share price should reach an all time high, far higher than my price. If Ken fails then the shares are worth 0. In this respect all shares are a gamble. Its actually really hard to be a true "investor" even in the real stock market. So many companies are tight lipped about their direction and future performance that it almost becomes a gamble. Look at Apple investors at the ATH they had for example. |
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when the BF shut down ,the share price is 0.0006. and now you guys made a sell at 0.004~~0.006,and i miss something?  ?? The last trades on BF were 0.0015 My ask price is very expensive if ActiveMining does not hash, and if we do hash and gain 2%-5% of the network then my price is actually cheap. If we get on an exchange before we are hashing then you can probably buy shares around 0.0005 and 0.002. However if we are hashing before we get on an exchange its likely my price will be quite low in comparison. It all depends on one thing: will Ken deliver and gets us hashing? If you don't beleive we will you should've sold a long time ago. |
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