stupid idea, impossible?...say what do you think
go start your own coin and see if everyone moves over to your new coin. .. wait.. thats been tried 400+ times already and bitcoin is still in the lead.. i don't need my coin, only better bitcoin Its my impression that this is what many alts claim. To be the better bitcoin, to have one (or more) flaw less here or there. How do you suggest we start over anyway? Just hit the reset button and everyone loses all coins? that was not my intention to talk about bitcoin alternative, just curious if it would be possible to start bitcoin from the block 1 again with same rewards and coin supply and then swap old coins with new ones to go back to a genesis block and start from block 1. but also keeping bitcoins chain alive to allow for swaps.. is what altcoins are about.. there are many many altcoins using bitcoins genesis block code, just without all the tx history. as i said starting from fresh, from block 0 is an altcoin.. BUT.... the bitcoin devteam have been looking into 'pruning' which is to remove tx's/blocks with no valid/current transaction data.
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if there was a government copy of the bitcoin blockchain. that makes the last 100k tx's never to have happened.. then even when they take over the blockheight , miners can simply ignore that IP/forked chain and carry on with the true block history
miners do have the ability to ignore hashes from anyone. so if a block hash solution appears to be linked to a nefarious source. it can just be ip banned.
in short trying to re-write the past will fail. all that can happen is altering the future. such as solving future blocks with zero tx's inside. which as i said. miners / users can block that ip.
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What we lack in tps,
mastercards tps is actually less then you think. this is because their databases are separate. not only based on currency but also country. now if we were to say BTC was for america, feathercoin for UK, litecoin for europe and another 200 coins for each country of the world. then you will see that the total tps potential of blockchain technology vs individual mastercard databases are the same. if not blockchain tech surpasses mastercard. That's exactly what would happen with sidechains. I don't know about the rest o the community, but I'm pretty "happy" with 2 TPS for now. side chains does not help anything.. a tx on bitcoin with a 32mb limit is the same as 32 sidechain coins of 1mb limit.. the only reason the sidechains are even being considered is by the altcoin army trying to get they penny per coin alts to suddenly be worth $200+. bitcoin itself can handle more tx's but its the miners that want to limit the dataload out of greed, its actually 7tps and if allowed to do 32mb per block, that would be 224tx per second potential. bitcoin does not have to overtake mastercards dominance of 1200tps. even if 10% of the world used bitcoin compared to fiat/mastercard, bitcoin will revolutionize the world
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What we lack in tps,
mastercards tps is actually less then you think. this is because their databases are separate. not only based on currency but also country. now if we were to say BTC was for america, feathercoin for UK, litecoin for europe and another 200 coins for each country of the world. then you will see that the total tps potential of blockchain technology vs individual mastercard databases are the same. if not blockchain tech surpasses mastercard.
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stupid idea, impossible?...say what do you think
go start your own coin and see if everyone moves over to your new coin. .. wait.. thats been tried 400+ times already and bitcoin is still in the lead..
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The bank is offer account in GBP, I do not see there Bitcoins. They also offer transfer to EUR what it suppose to highlight is that if you linked your account to a bitcoin exchange such as bitstamp, localbitcoins, btc-e, etc... the bank wont flag you as dodgy just for linking to such bitcoin services
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the blockchain can exist without bitcoin.
400 altcoins prove this.
but bitcoin/altcoins cannot exist without a blockchain
what about another blockchain wannabe sites? if you mean ripple, if you mean stella, nxt, etc.. most of these are actually SQL databases just pretending to be blockchains.. but they are a whole different issue and much more closer to what fiat is, than a blockchain but either way the point is that a blockchain such as litecoin does not have a single bitcoin attached to it. neither do the other altcoins that have a blockchain. thus, as i said.. a blockchain does not need bitcoin because it can use any token/coin. but bitcoin wont exist without a blockchain
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Under file it should have "Write offline transaction" and "Put offline transaction online" or something along those words. Already has sign/verify message, sweet feature.
maybe a donation to pay for their time would sway them to divert resources away from security and onto user-friendly. Really Franky .... We should not encourage bribery as a method to influence Bitcoin development Or should we sell out to the highest bidder, when crappy ideas pass their table? spazzdla - The whole idea with a online network, is to process transactions on the fly on the Blockchain in real time.. If you want to do that, rather go for a off-chain solution like Xapo, where you can do as many transactions as you want, and only pay a fee when it goes on-chain. its not bribery.. its realizing that if its something you cannot do yourself (submit code to the github), then you pay someone to do it for you. otherwise demanding people do something without payment, is a form of slavery. 'bribery' is to coerce, 'payment' is to pay for services offered. i agree that the fundamental security of the network protocol should not be a matter of financial debate. but secondary features that do not affect the network, and would take the dev teams time away from the fundamentals. should be paid for
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you are hero and you should know that posting referral links is not allowed here in the forum.
says the guy with a referral link in his footer.. 'pot, kettle, black'
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i received some message from legendary users here from the forum, who offers to do all the chain, from receiving the bitcoins in his wallet, and delivery the yuans for a tax of 0.25%. it´s almost what i need. i need to design a supply chain from my wallet to the chinese bank account whoit nobody in th emiddle its that possible?
you will receive many messages from people. greed is a big thing and as soon as you mentioned sending alot of bitcoin. greedy people will make many promises to you. the safest way is to tell your friend who will receive it. to send you his bitcoin address and you send the funds to your friend (NOT strangers you meet on a forum). then tell your friend about local bitcoins btcchina.com and the many other exchanges that he can link his bank account, to receive the funds. most exchanges and services do not like you to give bank details of another person. it is best you let the bank account holder do the exchange.
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Under file it should have "Write offline transaction" and "Put offline transaction online" or something along those words. Already has sign/verify message, sweet feature.
bitcoin-core is 99% about protecting the network by decentralising the blockchain.. so features will be a secondary thing. much like banks SWIFT network has nothing to do with Visa's contactless NFC features. but if you want the feature added to bitcoin-core, there is nothing stopping you talking to the dev team.. as im pretty sure that comments on this forum dont really register on the dev teams radar as a place to get feature requests.. plus because it's not really essential to the security of the network, maybe a donation to pay for their time would sway them to divert resources away from security and onto user-friendly.
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listen up i want this thing to be mainstream before i get somekind of dementia or cancer or parkinsons can you hurry up and make this thing go global before i become a wrinkley old man that will have to depend on the state for care and you all know how "care" is provided on the taxpayer dime... coverups, excuses, selfish staff, all for 1 and 1 for all, dehydration, malutrition, doctor shipmans, sociopaths, diseased hosptials, chav patients, druggies n thugs etc
Just stop for a second think about this... you're in a taxpayer hospital completely dehydrated you can't speak but there is a glass of water next to you you can't move you can't speak the only way to survive is to depend on someone else to feed u that drink the helplessness the agony you won't know what it feels like until it happens to you... NO ONE IS INVINICBLE eventually our days will be numbered the time for preparation is now.
when i become a wrinkley old man the bitcoin i hath accumlated will be more than enough to pay for private care the vermin public are the reason i have to wait 2 years for an operation but privately can be done in a week or so listen up....
get all the bitcoin you can bitcoin will save your life in the future armen
you know that bitcoin is not a person right? .. bitcoin can only grow if YOU help it. so dont sit back and wait for others to grow bitcoin.. do YOUR part too
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Hardly a shock that Mastercard aren't feeling positive about bitcoin, why would they? Bitcoin is a threat to them, they're not going to promote it but by talking about it. they are promoting it.. EG if you didnt care about an invasion of ants.. you would not talk about it. it just wouldnt be something that even came to mind to mention. but by mentioning it even negatively, people will want to seek out ants. and be on the look out for them
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There is no such thing as Bitcoin 2.0 it is just a marketing scheme.
Ever hear of smart properties? bitcoin is bitcoin. anything else is just an altcoin (using different ledger/chain) or is just a third-party service treating certain satoshi's as a representation of an asset. but that does not make anything a bitcoin 2.0
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MasterCard has been feeling the heat of Bitcoin for over a year now. Bitcoin has become big enough worldwide so that it can no longer be ignored as a viable payment option and currency. In a state-of-the-business interview with the International Business Times, Ann Cairns, president of international markets for MasterCard was asked directly about Bitcoin and how it compares to MasterCard. Here is what he said : "Bitcoin in its current incarnation is slow in the sense of being able to do a transaction and have it properly authenticated, which can take quite a few minutes. It doesn't really work in today's fast-paced shopping environment; even more so in train stations and so on when you have got millions of people trying to go through turn-styles – there you need real-time, instantaneous authentication, and delivery.”
Full article : http://cointelegraph.com/news/115390/mastercard-exec-bitcoin-doesnt-really-work-in-todays-environmentCome on guys , tell me what you think about this Pretty sure you have a lot of stuff to say . but mastercard doesn't authenticate instantly.. infact most people dont see funds disapear from their bank account for upto 3 days.. what mastercard does is guarantee the merchant upto $100 when customers use contactless technology.. so it doesnt matter if there is no funds in the bank account of a customer. mastercard just hits the customer later on when they get their statements, with charges if funds were not available. these days it is not cheap to buy a ticket at the turn-styles and alot of people pre-buy tickets or even buy season tickets. even bitcoin can buy these without issue and the customer can store the receipt on their phone which turn-styles then reads. so i see it as a non-issue. unless you just dont care about costing yourself extra money, in which case stick with mastercard and be afraid of card cloning or NFC readers (21st century pickpocketers)
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Meh, we enjoy freedom and privacy, but the 3 billion-dollar question is, do the governments, banks, and the media respect it? No, no they don't. As long as they can get something into their pockets, they don't care what reputation they might damage just to get their goals. And do they think that bitcoin is the only money that is tainted with illegal activities? They're just blinded because fiat has a lot to offer to them, and has a lot of potential to make them rich.
My thoughts? Illegal activities are diverted towards bitcoin and is stressed upon while the wrong-doings in fiat is just ignored by the masses because of the governments, banks, and the media.
wouldnt it be great if on the year MTGox went down. media told the world about mtgox. but also stated the amount of police reports that were filed that year of people around the world being pickpocketed on the streets, debit card cloning and where people lost fiat due to bad wall street investments. reveal the number of police reports of people paying fiat to scam artists for timeshares, etc.
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The problem is not with the Bitcoin protocol or the technology, it's with human failures and greedy people wanting to get into the action quickly, and setting up half ass businesses with no support services. Bitcoin cannot take the blame for every Tom/Dick and Harry who open shop and give bad service. If you get bad service from a bank, will you stop using the fiat currency, like the dollar or the pound? Nope... Blame the service not the currency. i agree 100% with this post
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the blockchain can exist without bitcoin.
400 altcoins prove this.
but bitcoin/altcoins cannot exist without a blockchain
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to me ripple does not have the 'feel' of a blockchain. its feels more like an sql database. if it actually is a blockchain then it would be defined as a private blockchain.
i know many people will start linking ripples white papers to try proving that it really is a blockchain. but from a outside world prospective, the features of what a blockchain is and does aswell as the benefits of such are lacking in regards to user interaction. and it just feels too centralised to me
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the short version to explain to naive people is..
digital gold. reasons: 1. limited supply 2. transmittable without need of a physical safe/bank
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