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2281  Bitcoin / Bitcoin Discussion / Re: Mining: the need to grow on: April 16, 2011, 08:47:33 AM
Hashing power of the network will always be related to bitcoins exchange rate. As the rate grows so will the hashing power.

As a direct consequence of this, the cost to aquire roughly 1/2 of the network that is, to have 1/2 of the networks hasing power, and therefor be able to do damage to the network will be at a fairly fixed ratio of the overall bitcoin economy.

So right now the bitcoin economy is worth about 6Million USD, it would cost about 2Million USD (you say) to have 1/2 the networks hashing power.

If my theory(it's just an idea, but it makes sense to me) is correct, then when the bitcoin economy is worth 100Million USD it will cost about $30Million USD to do this attack.

Economy | Attack price
1Billion   |300Million
6 Billion  |1Billion
10 Billion |3 Billion

Essentially the more the bitcoin economy grows, then the more expensive it will become to attack the network, because the networks power will have grown along with the economy. It will get to the point where there would be much cheaper methods of attacking the network than brute forcing it.

Also some variables you are missing in your cost calculations, rent (machines have to be housed somewhere), cooling, operators (government workers are not free). And that's assuming the government has somewhere they can just stick these.
2282  Bitcoin / Project Development / Re: Need testnet bitcoins for testing on: April 16, 2011, 08:33:38 AM
Should be able to mine them easy enough, might take a day or so, whats the testnet difficulty level?
2283  Bitcoin / Bitcoin Discussion / Re: The Bitcoin Weekly Comes Alive on: April 16, 2011, 03:54:54 AM
When are you going to add images to articles?
2284  Other / Off-topic / Re: [DRAFT] - Improved anonimity on: April 15, 2011, 01:13:21 PM
I'll be keeping an eye on this thread.
2285  Economy / Marketplace / Re: bitcoinservice.co.uk on: April 15, 2011, 12:36:04 PM
What kind of revenue has this been bringing in, if any at all?

da2ce7, what are you? Made of money? Where do you keep getting it from?
2286  Other / Off-topic / Re: Stock exchange site design mockup on: April 15, 2011, 11:02:46 AM
looking good. that was def 40 btc well spent for the logo. Smiley

Actually the I paid 50btc. HE pm'd me and said he'd do it for 50, with a 20btc downpayment. I said fine, pretty happy with the result.
2287  Bitcoin / Bitcoin Discussion / Re: Wow what a rally! on: April 15, 2011, 10:28:10 AM
Im rich again!
2288  Other / Off-topic / Stock exchange site design mockup on: April 15, 2011, 05:33:04 AM
How's this? It's just something to get started off with.

2289  Other / Off-topic / Re: Kalyhost, how to get dns working??? on: April 15, 2011, 05:09:03 AM
Yep, that's what you want to do. Your live DNS record as seen from here looks like:

dev.bitcoin-global.com.bitcoin-global.com. 600 IN A 109.75.176.245

AHAHAHAHAha that resolves.

Great, thats perfect, I knew it was something small like that.
2290  Other / Off-topic / Kalyhost, how to get dns working??? on: April 15, 2011, 04:39:45 AM
I've bought some domain names using kalyhost, however I've never configured dns before(using IP addresses all the time) and I'm a little lost as to what to do. There isn't any help on the kalyhost site.

So I create a new zone, and then from what I know I need to create a new a record right?

See screenshot



So if I want bitcoin-global.com to go to 109.75.176.245 what would fill into the fields in the below screenshot,
I've already tried to have a dev.bitcoin-global.com but it's not resolving.

For host I put dev.bitcoin-global.com
and ip the address 109.75.176.245, is that right?

I mean the http server is up an running at that ip. Any ideas on what I'm doing wrong?



2291  Other / Off-topic / Re: Mullvad help on: April 15, 2011, 04:16:46 AM
Using Mullvad from in China, once it's running and you're icon shows you are connected then all your network traffic goes over the Mullvad network.
2292  Economy / Trading Discussion / Re: How slow is mtgox? on: April 15, 2011, 02:47:52 AM
Normally it is faster, but I guess mtgox is under some heavy stress lately, lots of activity.

Lots of activity, a sign of a healthy exchange.
2293  Economy / Trading Discussion / Re: Courier Network (For real) on: April 15, 2011, 02:44:14 AM
I can see these non-flying, walking speed robots becoming victims of children and bored teens that populate their route.

You might have a look at how courier robots are used in a hospital. They have been minorly succesful but have turned out a little expensive and a little unreliable.

And their unreliability has nothing to do with the robot itself, but with people in the hospital just stopping them out of curiosity(or kids).

Seriously do this with people before you start using machines.
2294  Economy / Marketplace / Re: Logo design on: April 15, 2011, 02:02:42 AM
I'm happy with the logo, rooofl has given me the svg for it so if I want to make any tweaks(slight change in colours) then I'm able to.

I really needed something to work with, to start with. It doesn't have to be perfect, and if we ever become really big then we'll spend millions designing a logo just like Accenture did.



I would recommend rooofl for much more of this kind of work, he got it done with little direction, and the cost was very reasonable.
2295  Bitcoin / Development & Technical Discussion / Re: shortening hashes as a shortcut on: April 15, 2011, 01:58:08 AM
Thanks for the replies.

This is for the stock market, where shares that don't have a stock ticker use have a long hash id.

I'm planning to use twitter to feed post trades to, and with a character limit of 140 characters it's almost all used up just with the id. Letting twitter keep all trade records but giving users instant updates on the latest trades.

It'll also help users by having shorter strings to work with.

At least I hope it will.
2296  Economy / Trading Discussion / Re: Courier Network (For real) on: April 15, 2011, 01:53:00 AM
A small autonomous robot capable of carrying a useful package (say ~1kg) and having sufficient sensors and machine vision capabilities to guide itself from point A to point B and avoid obstacles, vandals, unforeseen occurrences (bird hitting it or a kid running in front of it), and ward off the occasional angry house pet...

This is going to cost a LOT.

Since they have a limited lifetime and require fuel and maintenance would the total costs ultimately be cheaper than a minimum wage dude with a truck?

Yeah, I think dude wth a bycicle/truck/car/running shoes would be much more realistic starting off.

Apart from the reasons above, not many people in NewYork or Washington have landing strips.

Once bitcoin becomes self aware we don't want to give it a head start with drones now do we.

Having a look at the bitcoin map the biggest concentrations of bitcoin users is on the upper east, Boston, Mass., NY etc. And in L.A. and San Fran.

There are also quite a few around Florida, a lot in Dallas, Collarado for some reason, Utah, and near the coast in Washington state.

I am sure an informal local delivery service can be set up by those users, that then becomes a node, and every once in a while nodes can send large groups of packages to each other.
2297  Bitcoin / Development & Technical Discussion / shortening hashes as a shortcut on: April 14, 2011, 04:51:34 PM
I'm using 512sha2 hashes as an id, however I would like to use a shorter string, what options are there available?

I'm thinking not using all the hash, say the first 50-100 characters to lookup the whole hash and get to work that way.

If there is a collision at say 50characters (2 hash id's have the same first 50 character) then what should I do?

Workable?

Is there a specific term for what I'm attempting to do?
2298  Other / Off-topic / Re: Mandatory Class Attendance on: April 14, 2011, 04:21:50 AM
Mandatory classes are a way to get lazy, unmotivated students out.

This is really how most mediocre educational institutions do it and it shows.

However there are some examples of mandatory classes.

For example in stanford, students must have completed java 101(or something like that) before they can do the SICP class.

I guess thats a prerequisit and not mandatory then.
2299  Other / Off-topic / Re: Atrocities on: April 13, 2011, 05:01:13 AM
The Chinese estimates are interesting. It's actually between 40 million and 80million that has been estimated to have been killed between 1949-1975. These are just estimates and could be totally wrong.

The real numbers are known by the government in Beijing, but of course they're not releasing that information. I would guess that if the real numbers were below the estimates the government might say so. It also means that there is a high chance that the numbers are much worse than the estimates as the government has made sure they stay hidden.


I think it's also interesting that the government managed to hide from the rest of the world that the worst famine in history was happening until 1980. I mean no one in the west had any idea about this.
2300  Bitcoin / Development & Technical Discussion / Re: Float value from bitcoind, how should I represent it? on: April 12, 2011, 01:55:10 PM
First I'm converting the float to a string representation, then using that to make a object of BigDecimal(with 8 places for correct representation), and then multiplying by 100,000,000.

Everything else is done internally with integers.

That sounds overly complicated.  Does your ruby/json implementation have double-precision (64-bit) floats?  If it does, just multiply by 1.0e8 and rounding to the nearest integer.

Quick way to tell if your ruby implementation does 64-bit floats:  see what you get converting 21000000.00000001*1e8 to an integer.

Ruby has 2 classes for representing numbers, Fixnum and Bignum, it converts between the 2 automatically.

Yes that worked super.
21000000.00000001*1e8.to_i
>2100000000000001

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