I wouldn't bother waiting for 4 confirmations unless the transaction was in a four-digit range or higher (if it was a 5-digit or higher one maybe you should wait for 6 confirmations).
I'm not sure about 0-conf transactions but 1-conf should be enough for anything below $500-1k (so most PoS transactions).
You should first ask yourself a few questions:
Who is able to do double-spends?
If they are, how much would it cost them?
1 confirmation == 10 minutes. I can't go around wasting valuable time waiting to buy a soda. |
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So I posted the question "does anyone else here use bitcoin?" Within seconds an admin deleted my post and deducted 5 points  from my "score". I was told that this was against the TOS, and tha they do not allow sales at the forum. I P.M.ed him back explaing that I am not selling anything, I just wondered if others use it. Please investigate and you will see. He took it to some kind of panel for review. Here is their response. A decision has been made, unanimous vote, "It has no place in Political Chat and on Bersa Chat as a whole." So no more posting of bidcoin on Bersa Chat will be allowed.
Again I removed all points, (just a PM warning) and ran this through the board for a reading.
RC What B.S. they obviously did not look into it, they even spelled it wrong. I will be ending my account there. Have you told them it's BiTcoin and not BiDcoin since it has nothing to do with bidding. |
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If this is what I must endure if Bitcoin becomes global, then sorry, Bitcoin will be doomed to fail.
No, this is not what you will have to endure. Bitcoin enables layers for facilitating instant transaction on top of the raw blockchain. Instant on the risk that there will be no double spend. |
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Sadly, this is the problem with Bitcoin, slow confirmations. I was recently at the supermarket, and this lady was paying with her debit card, but it took a while to sort things through as it was apparently cancelled. I had to wait around 10 minutes and the line had increased. If this is what I must endure if Bitcoin becomes global, then sorry, Bitcoin will be doomed to fail.
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You forgot to factor in block halving pretty soon and at a minimum, double the difficulty.
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OpenSSL is so easy to build that I've built it for Android, too. Not to mention is builds fine on Windows.
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Seems we are on the same wavelength in regards to 3rd party libraries.
My own project only requires 3rd party libraries for DB, PDF and FCGI (I even wrote my own regex class to avoid the need for an extra library).
Although I do appreciate the quality of code such as boost (I used to contribute to comp.lang.c++.moderated years ago whilst it was being developed) it really can be a pain when a project has so many 3rd party libraries or tools (that's why I currently am not able to build bitcoin).
Cool, but instead of degrading OpenSSL's image, try to to find a way to remove that monster known as Boost. |
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Their public http server has a file named BitThief.exe
Wallet stealer? |
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Actually, that may not be the case. I own a legal(purchased) copy of Minecraft since Alpha days. Upon installing it today I noticed it had no sound(installed from official servers obviously). I went on to search for a fix and noticed this blog post http://www.tobys.dk/blog/minecraft-no-sound-fix/It links to OpenAL(no idea if from the official website). Upon scanning my computer it showed the OpenAL folder(and many other in the Windows folder) as containing the virus. I've posted a comment on the blog mentioning this (in all caps). Log: http://pastebin.com/D56q6NWL |
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Maybe predicting how soon after getting the new computer you would go putting pirate stuff on it might have helped improve the predictability?
As it seems more likely related to the piracy than to the purchase of the computer?
-MarkM-
Let's just say I thought that it was a 1 in 50 thousand chance I get infected by a miner. |
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Don't pirate software?  100x this. Don't misunderstand, I am all for buying legit software the legit way, however, money is required for this. Money which I don't have to spend. |
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Learn to use a computer?
I've been using computers for a while now, and I consider myself above a Power user, at least. But I could not have predicted this could happen to me a day after I bought a brand new computer. |
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Just an hour ago I started noticing my second PC losing internet access(PC 1 was the one infected) for some reason, I am using ICS on a brand new computer, which I purchased just yesterday for home use(no mining). This means my HDD was formatted clean.
And today, I notice it was infected by a bitcoin miner considering the fact I visited no Bitcoin related websites AT ALL!!. The only things I did download was a bunch of software(yeah, pirate software).
The process was disguised as svcchost.exe running under your account, not System. Too bad I failed to realize I needed to disassemble and find the account and ban the guy.
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Why would a cop care about this forum? That's what mods are for. heh
On a forum in our country a reporter was lurking and did a story on one of the users about something. So it is possible. |
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Soon we will mine old addresses with coins in them  . But computers need to get faster than what they are now. |
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Not saying anything, but these kind of websites usually have some XSS vulnerabilities. Please check for that.
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A BFL singe mines 3.50 per month today. It was surely more in february and will be less in the future.
I'm a bit confused here. Are you saying a current BFL single, which produces around 800Mhs, gets 3.5 bitcoins a month? Should be a bit more, like 8-9 bitcoins, but yeah. 800mh/s is nothing these days. |
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Your logic is flawed, no one will buy an address, you have the private key, how will people know you won't store it to use their Bitcoins.
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My aVanityGen for Android is mobile and simple to use(at least I believe it to be). But it does have bugs I've identified but am reluctant to fix due to other projects taking priority.
I can't imagine finding addresses very quickly on a phone (if that's what you're doing). But I could see an Android front end using the API that would allow finding prefixs quickly being a good idea. OpenSSL 1.0.1c does pretty good on the phone, I mean I have not timed it correctly but it does a few thousand per second, around 30? But my original algorithm to count the keys is broken so it instead shows some low number like less than 150 or so. |
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