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Lol at the name Burdy. Are we going to see Tomatovine and BAB soon?
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I was actually expecting double the donation. Then I remember the ASICs have only been online for 4 days
Our P2Pool luck has been below the norm since we got the ASICs running as well. Hopefully we catch a lucky streak soon. You can monitor us and our P2Pool luck using the following link: http://p2pool.info/ - It also makes a cash register sound each time a block is found.  I'm not that into mining, but does P2P charge a fee? For example, I recall reading the creator of p2pool get a percentage of each block mined. |
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You need a short domain for sharing!
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So why is s1d2a3h4 on the list? As a mod he decides who gets whitelisted and who not... Is it ok, that he competes?
I will looking at who whitelists who and see if there is any fraudulent behavior going on. |
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Yeah I put in 10k visits and didn't get a single referral. I'm starting to think this is a scam.
It's not. I'm happy to show you the source code. Keep in mind that many people advertised on all of the known sites and people who are interested would have signed up already. |
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Cool. What web host are you going with?
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It is also Satoshi who set the block size of 1MB, as well as a soft cap of 250 KB. I think what really happens when you try to artificially cap Bitcoin transactions is that everyone sods off to an alternate coin without that limitation, and your Bitcoins become a historical curiosity. Clearly that hasn't happened for the past 2 years. |
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If you don't cap it through, a rogue miner can publish a 1 TB block and kill the network.
If you say 'oh then have a limit', then you're back to capping it.
Transaction fees are needed to keep the network secure and provide an incentive against 51% attacking the network. The block size cap protects Bitcoin.
Is 1MB is the right limit? That's another question.
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Its not a "myth" bitcoins are as anonomous as you get.
That's like saying HTTP traffic is secure. |
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This is no different than trusting a third party service. Do you seriously want to broadcast all of your transactions to the whole wide world and tie them to your email address?  |
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You have to wait 10+ minutes for transactions to be _irrevocably_ confirmed, but with PayPal the relevant number is more like 3 months. Most practical situations where you need instant transactions can probably get by with zero confirmations, although the issues around this aren't quite trivial. If zero-confirmation transactions _do_ turn out to be too risky in practice for widespread use, there are other ways of working around this without entrusting the whole payment process with a trusted off-chain third-party.
The problem with this is that anonymous transactions (eg a bet) can be double spent without any adverse action on the sender, because he is anonymous. Zero confirms work great if you're sending Bitcoins to your friend or buying a cup of coffee (this isn't taking in account tx / dust fees through), but if you are running a web facing app that allows anonymous usage.. you're going to go bankrupt if you accept 0 confirms on the blockchain. |
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Who needs hardware wallet when you got blockchain.info?
are you serious? |
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The bitcoin network cannot handle more than 7 transactions per second.
Inputs.io has been stress tested to handle hundreds of transactions per second, and of course no waiting for confirms, or no fees.
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GPG used incorrectly (key on your pc) is about as useful as the PINs. It's better than nothing but a virus can grab your key easy as it can log your PIN. Using GPG correctly via 2nd non-networked PC and sneakernet storage device is a PITA compared to gAuth or Yubikey.
But that's not a bad idea if you're dealing with a lot of money. You don't stuff hundreds of thousands of dollars in your mattress, do you? |
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But it's then becoming more and more tempting to be the one who centralizes most.
And random users will be back having to trust inputs.io or any similar place.
And when those places change their homepage, explaining they are now taking a 1% fee, random users will pay up.
Just check what power your banks have over your life today, and you'll know the rest of the story.
You are aware that we (Inputs) don't charge a 1% or whatever fee compared to BitPay, Coinbase, BIPS, whatever? Trust is always optional. The blockchain isn't going away, and there always will be bitcoin addresses and public / private key cryptorgraphy |
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Lol, another one of the coinbase scammers. Try harder.
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Most people have more bandwidth than storage.
Can you clarify that? Given infinite time and a nonzero internet speed, all people have more bandwidth than storage. OK, I was just saying that asking people to pass say 10 GB of data is less of a requirement than storing 10 GB of data. Because it'd take you 10 GB of bandwidth to store those data. If you run a node, you'll probably want a lot of bandwidth and low latency for fast communications. You don't need to have much storage - the amount of storage you need is proportional to your anonymity settings, and the messages you send / receive - with it possible to have a static amount of space dedicated for "seen message or not" using advanced bloom filter implementations. |
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add dht as failover and you immediately have my interest.
DHT would reveal which node have which messages and make it impractical for large volumes of data. Most people have more bandwidth than storage. |
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