The future, according to CEO Jeremy Allaire, lies in using the technology that underpins technology, called the blockchain, to make sending any form of money as easy as sending an email. He didn't want to talk about bitcoin.
Uphold CEO Anthony Watson told me at the time of the relaunch: "When we say bit, we don’t mean bitcoin, we never did. We meant bit as is bits and bytes and reserve is obviously holding the value. But people are confused, they think we’re just a bitcoin company and it makes sense as our first use case was bitcoin." Parasites. Meh, with blockchain being the big buzzword at the moment, if you have the expertise, it would be silly to cut off potential revenue streams which would also lead to opportunities when it turns out that your client's shitty altcoin was a stupid idea. |
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Bitcoinj is just a library that allows you to call the Bitcoin API from Java/Python/etc. It's a nice tool if you want to write a bitcoin-related program in one of the languages it supports - but that kind of thing is pretty trivial as a programming accomplishment. Any competent programmer could have created bitcoinj, and someone else would have except Mike already did it.
Given that the bitcoin API is just JSON over RPC, most languages already support these and it only takes a trivial amount of glue to join them together to work with the API. I guess if you really want to get fancy, you *could* add a wrapper class and some helper functions, maybe make some of the more common steps easier to do but yeah, it doesn't rank up there in programming achievements. Not that I'm bashing Hearn. I'm pretty neutral on his opinions but I do agree that we need to lose the current block size limit. |
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Or just get a Bitcoin credit card. Then, you can transact instantaneously. Problem solved  I just use a regular credit card but make a mental note to sell some of my bitcoins to pay the bill. Now, here's the clever bit. I sell those bitcoins to myself. Zero fees, can you imagine? Avoids problems with volatility too. (To those who miss my sarcasm, bitcoin credit cards are not the same as buying things with bitcoin) |
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Note that Chartbuddy is having trouble because bitcoind, which must apparently, according to core, be able to run on shitty old hardware in the middle of BFE, is having trouble on a fairly modern computer with 8GB of physical memory and 4G of swap. Ah, que sera sera.
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Conclusions of the Council of the EU and of the Member States meeting within the Council on Counter-Terrorism"in order to enhance the effectiveness and efficiency of the fight against money laundering and terrorist financing in conformity with Financial Action Task Force (FATF) recommendations, to strengthen controls of non-banking payment methods such as electronic/anonymous payments, money remittances, cash-carriers, virtual currencies, transfers of gold or precious metals and pre-paid cards in line with the risk they present and to curb more effectively the illicit trade in cultural goods" Bullish. Why? The most immediate effect will be upon what the government *can* control which is banks that operate within their jurisdiction. This is a power grab and an excuse for governments to poke their noses into private business.  Bullish! Just watch. The government never hits what it is (claims to be) aiming for. |
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It seems that BTH is not working properly. Mike Hearn sabotaged the blockcount and increased the max coin limit to 42 million as a going-away prank. In truth, my bitcoind probably is misbehaving (again). Maybe I should switch to XT. |
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Conclusions of the Council of the EU and of the Member States meeting within the Council on Counter-Terrorism"in order to enhance the effectiveness and efficiency of the fight against money laundering and terrorist financing in conformity with Financial Action Task Force (FATF) recommendations, to strengthen controls of non-banking payment methods such as electronic/anonymous payments, money remittances, cash-carriers, virtual currencies, transfers of gold or precious metals and pre-paid cards in line with the risk they present and to curb more effectively the illicit trade in cultural goods" Bullish. Why? The most immediate effect will be upon what the government *can* control which is banks that operate within their jurisdiction. This is a power grab and an excuse for governments to poke their noses into private business. |
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Where to, chaps?  |
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I am up and running with p2pool now. Someone please check me out to see if everything looks good. I have a Dell Percision 390 w/ 8GB memory and 250 GB SSD running latest bitcoin core and p2pool 14.0-25-g482f410. bitcoin.conf has only three lines: server=1, rpcuser, and rpcpassword. I am running on a T1 connection with everything connected to local node on network. bitcoin client shows 42 active connections p2pool shows 6 out, 2 in Right now local rate shows 76 TH/s which is a little less that what I normally see on "that bug pool". I have Antminers connected, all with standard firmware and settings. 3-S3's, 1-S4, and 77-S5's I am looking for suggestions as to parameters for bitcoin.conf, or anything else that will help me run better. Should I be looking at something called a relay node for better performance? My p2pool address is: bitcoin.computing-management.com:9332 What would you do? Thanks, Tom If you go back the past few pages, there are some settings that should improve bitcoind's memory usage. You might also consider upgrading to custom firmware on your miners. There are some changes that make things work better with p2pool. Details a few more pages back. |
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Are we stress testing again?
My stress is certainly being tested. |
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if it saves even one life it is a victory ..
That is a sword that cuts both ways and a philosophy I don't subscribe to. |
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Man, I'm pro-gun but the way the y-axis on that chart have been selected is deliberately misleading. Not to mention it surely should compare ownership and not just sales. This kind of thing does not help the cause. |
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The military has lots of guns doesn't it?
Yes. But they keep them in the armories and don't allow soldiers to carry them around on-base. |
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For anyone not aware, the terrorists holding large quantities of Bitcoin has already been pretty thoroughly debunked. Well, they still might but the sources of the recent story have been trashed. |
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This will bring some panic... I guess this could test 300$ today.
This is the people trying to get in before the panic. Good chance we will see a quick recovery. |
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Will 2016 be the year of the bitcoin? It can either be the year of the bitcoin or the year of the morons. Stay tuned here folks for that turn out  Why not both? |
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Everyone here has died and been replaced by pod-trolls   |
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I'm beginning to think we are all getting trolled by "la cucaracha"  I've been around a while and this is the first time I've actually realized that word was linked to its English translation. And now it's just so obvious. |
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