I'd ask Luke-jr about this. All his pools payouts, no matter how small, are all newly generated coins. I bet you could pay him for 50 BTC1 newly mined blocks. Much cooler than the one transfer idea.
Direct deposit?  |
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10 characters is generally immune to brute force attempts if the passphrase is not weak (not found in any dictionary, leaked password list, or common password database). 4 sentences is probably overkill although I would prefer a single sentence along with some numbers which have meaning to you so it is unlikely to be part of a precomputation database.
Is there a mask or set of rules that you apply when generating a 10 character passphrase? First off, here is an informative (old but still mostly relevant) article describing password cracking ('recovery' is the politically-correct term) with GPUs and commercially available cracking software: http://www.tomshardware.com/reviews/password-recovery-gpu,2945.htmlTLDR: 1) At least ten characters in length. 2) Contain at least one upper-case letter 3) Contain at least one lower-case letter 4) Contain at least one special character, such as @ or ! 5) Contain at least one number The idea being to force any brute-force attack to search a large portion of the ASCII space, essentially increasing the 'strength' of each character of your password compared to, say, using lower- and upper- case letters only.  Doesn't 4 words go against the rules of having a dictionary word? |
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How is it going with finishing up? I can't wait to try it out!
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what browser are you using and what are your security settings.
I am using Chrome on Vista. My security settings overall are pretty good I would think. I really must reinstall and run from linux. |
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10 characters is generally immune to brute force attempts if the passphrase is not weak (not found in any dictionary, leaked password list, or common password database). 4 sentences is probably overkill although I would prefer a single sentence along with some numbers which have meaning to you so it is unlikely to be part of a precomputation database.
Is there a mask or set of rules that you apply when generating a 10 character passphrase? |
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Nice! Let's hope it keeps growing this time. Looks like the price of btc is getting more and more stable now and going up up up up up! |
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That is pretty neat. talk about a conversation piece. Kinda like a modern industrial art piece.
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If you have a police report you can request us to forward the details to the police. We'll need a case number and details on the law enforcement in charge (person in charge, etc) to forward the appropriate details.
+1 |
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So I've been reading lots of this form since I joined and haven't read about anyone asking about this scenario. After reading the Forbs article about the largest bitcoin wallet (488k'ish coins valued ~2.8mil) I got to thinking. While is value isn't over 51% of all coins what if he decides tomorrow he wants to cash out? What would be the process? Just go to mt.gox and tell them to wire you the money for them? How long would it take and would it require breaking up sales over various buyers?
Thanks,
Kaji
Mt. Gox doesn't buy or sell bitcoins from anyone, it matches buyers with sellers. If the owner of 488K bitcoins wants to sell them he will need to find someone to buy them. You can look at Mt. Gox's orderbook to see how much people want to buy now. If he tries to dump it all at once he will crash the price and not get a lot of USD for it. A sounder strategy would be to put up an ask at a low price and wait for people to execute it. You can only sell what people will want to buy. I am sure there is not 488,000 buy orders out there at x amount of dollars. |
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1asswipe might slightly devalue your otherwise pristine address.  <evil grin> 1234567890abcdefABCDEFaN1fuUEdvFTU might have a lot more value :-D |
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I think if you put the offer out there that you'd pay 55 btc for a block generated to your given address you'd find some taker, whether a pool op or solo miner. You'd have to establish some trust though as I expect you'd have to pay first since once the address gets generated there is no way to force payment. But also in this method it's just as easy to give them 50 addresses and have the block split as generated so each 1 btc address is truly virgin as white snow.
You guys are coming up with some great ideas. Maybe I can get a Virgin Escrow service together |
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bitcoind sendmany '["","input address"]' '{"output1":1,"output2":2,...}'
(requires coin control patch)
As coin control won't be making into the main trunk you might want to instead look at the "raw transaction" API stuff (that will be in 0.7 and will allow you to do this - is just more low level than the "coin control" approach). Read my above reply. Are you game in helping out? |
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That means I want to create 50 public/private key pairs and fund each one with exactly 1 whole btc. Here is the thing. I want to fund them with newly minted coins but i am not a miner. The coins need to be intact, as in i don't want to have 1btc that is coming from 2 or more addresses to create the 1btc.
Thoughts?
what do you want to do this for? just curious Because I am a nut. The idea is kinda juicy I must admit. Just for coolness' sake. If you must know, it will be for my COLD STORAGE method. Planning on taking 50 private keys, encrypt them using AES and then take the encrypted string and print that on a certificate paper with other cool designs. The password would be handed down to the next owner. It would be in the form of a book with a highlighted passage that is not to be stored near the certificate. And of course i will have less than pretty backups too. |
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That means I want to create 50 public/private key pairs and fund each one with exactly 1 whole btc. Here is the thing. I want to fund them with newly minted coins but i am not a miner. The coins need to be intact, as in i don't want to have 1btc that is coming from 2 or more addresses to create the 1btc.
Thoughts?
what do you want to do this for? just curious Because I am a nut. |
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You may be able to convince a pool operator or solo miner to do a deal. They save the 50 btc for you and pay out miner shares from his own coins instead.
To my recollection the only pool op who actually splits a mined block directly is Eligius. I used to mine there and would receive payouts that were not normal transactions but "Generated" ones from the actual block being generated.
I'm not sure if he does that any more or not. But for collectibility what you'd want is that special "Generated" transaction, not the regular payment transaction that most pools send.
You'd probably have more luck advertising for a solo miner to pay a premium on getting a generated block. It all seems pretty academic though as you could mine at Eligius and get portions of generated blocks and sum them up to a 50 btc total. Then split that into 50 x 1 btc to 50 fresh addresses created in bulk using bitaddress.org. The blockchain would show the result as 1 BTC that came from the 50BTC address and those were all "Generated". So it's only one step removed from direct generated.
I could go as pure as not splitting the reward block into 50 1btc addresses and request the private key that the reward was sent to be sold. Of course that would pose a TRUST issue but I can't see getting any pure than that. Also how would one fund 50 individual addresses with a single btc each in one transaction? |
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If your willing to accept
generation address -> your address -> 50 addresses
i'm sure any plenty of pool ops will take 55 btc in exchange for 50.
If I present them with 50 unique addresses they will be able to fund each address? 55btc in exchange sounds fair. How would I go about doing this? Another question, how is asking a pool operator or a single miner for that manner result any different or the same as blockchain.info's https://blockchain.info/wallet/send-anonymously service? |
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That means I want to create 50 public/private key pairs and fund each one with exactly 1 whole btc. Here is the thing. I want to fund them with newly minted coins but i am not a miner. The coins need to be intact, as in i don't want to have 1btc that is coming from 2 or more addresses to create the 1btc.
Thoughts?
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Either way I still loose. I think I am done with my Satoshi Dice days LOL.
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