google itJust make a paper wallet(google it)
Only a paper wallet can guarantee safety
Paper wallets are a bad idea. There are so many gotchas with them: - You get only one address. - Spending coins safely is hard. If you make a mistake spending your coins you could end up sending large amounts as fees, have change end up in insecure addresses or worse. Paper wallets IMO are a primitive device. People just parrot this advice that paper wallets are a good thing but they are not. They are only good for those people selling paper wallet kits. For most users an offline wallet on a dedicated device is infinitely better. You get unlimited addresses and a full fledged bitcoin client that can spend, receive and sign messages as well. |
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Install virtual box. Create a guest OS. Install your alt client in that guest OS. Ideally you would have a separate VM for each alt (You can easily clone a VM) so that if one alt coin client has malware it doesn't steal coins from the other alt coin wallets. But even a single VM is better than installing alt coin clients on your host OS.
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Remember that bitcoin-qt wallet backups need to be refreshed every 100 or so transactions. Meaning you have to redo the backups. If you want backups that only need to be made once and are good for life you need to look at a deterministic wallet like Electrum or Armory. To restore your bitcoin-qt wallet from backup you just place the wallet.dat file in your data directory: https://en.bitcoin.it/wiki/Data_directory |
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Do you see the transaction on blockchain.info? You can search by sender or receiver address or transaction id. If the transaction shows up then it's like any other transaction meaning it will be "effective" when it's mined into a block i.e. when it gets confirmations.
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There is a lot more innovation left:
- A bot that scans the alt currency forum for new coin announcements and auto mines them first chance it gets.
- A bot that spams alt currencies left and right. It's not hard to do. Just pick a silly picture or some random theme and spit out a coin.
End result of all of this will be coins with lifetimes measured in hours.
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How many lines of code are we talking here? And how much does it pays for reviewing u didn't posted it. Haven't u noticed, no people asking for services ever quote a price on this forum. Its like a fantasy land where they expect someone to show up quoting almost nothing. I've no idea why. Normal service sites don't operate like this. Perhaps they think people working for bitcoins will accept almost any amount  Have you been to a normal service site? I mean one of those freelancing sites? Go take a look when you get a chance. Clients post one line messages and in response they get dozens of Indians applying for the job. No one has any idea what the job entails but their applying and quoting a price anyway. The reason is that no one gets jobs for being good at them. You get work for spamming offers left and right and getting lucky on some minute percentage. And those clients that do do write ups put shit like this in the middle: If you read this put the word "xyz" at the top of your PM Why do they do that? Because no one is reading what they've written. They know that. The freelancers know that. The only way to weed out those who didn't read from those who did is by doing stuff like the above. |
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To be honest, I don't quite get this anti-ASIC sentiment. I tried to mine LTC on my PC and it wasn't worth it, and there are even no scrypt ASICs yet. I think this "no ASIC so normal people with their own PCs can mine" philosophy works only in the early stages of the scrypt-coin, after the difficulty raises it isn't worth it, when you don't have free electricity.
Today, I would need at least one rig with 3 graphics cards to mine litecoins for example, but this thing would be noisy and consumes a lot of electricity, so I basically can't put it in my apartment. I would much prefer to be able to buy dedicated scrypt ASIC and mine with it. It will be more eco-friendly and will not be mis-using graphics cards.
To sum it up, I don't support this proposal, I want the scrypt-asics to be sold.
ASICs aren't available everywhere. You can buy a GPU pretty much anywhere on the planet but ASICs tend to only be available where they are made i.e. China and where there is a lot of demand i.e. Western countries. In other parts of the planet there isn't enough demand to justify shipping them there and importing stuff isn't something that ordinary people can do anyway - there are a lot of hoops that you have to jump through such as dealing with overzealous customs officers. Another problem with ASICs is that to buy them you need crypto. That rules out those places where buying crypto isn't easy (which is why you are looking at mining in the first place). TLDR: GPUs are democratic, ASICs are elitist. |
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I think he's great personally - I saw a youtube video recently about a guy who had something to do with the development of the global phenomona that is BTC - I was expecting to see a middle aged guy wearing a cardigan who doesn't get out enough (not that that would have diminished my respect for him you understand) - and instead on came Amir talking about how he held no BTC because he had everything he needed in the room he was in (and there was literally only a laptop in the room). Of course, as you get older you might end up with a family etc etc and so Amir may require more than just his laptop  But the guy is a good sort IMHO So, they can just seize his laptop and leave him without knowing what to do next? Big deal he'll just get a new laptop. Given the work he does people will be falling over themselves to gift him a laptop. |
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I think Linus Torvalds is an excellent comparison. He is the benevolent leader of the Linux kernel. Satoshi could have taken that role with the bitcoin protocol.
The official title is Benevolent Dictator of Planet Linux The only difference I see is that he has a huge amount of wealth whereas Linus never really got stinking rich off of Linux.
He got a million bucks worth of Redhat shares. I am sure there were other opportunities to earn too. Nowhere near what he deserves but he isn't exactly a pauper. OT, if Satoshi were well known he would be in jail. Or on the run. Another possibility is that Bitcoin would turn into more of a cult than it already is. |
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I have a question for the devs:
I'm trying to understand the potential security vulnerabilities of Electrum. I have read every resource I can find online, but I can't find a reference to one of my biggest questions:
1. Is the electrum.dat file vulnerable?
2. Does a user need to protect access to this file with the same degree of care as the bitcoin-QT's wallet.dat?
3. If an attacker were to access electrum.dat, would the attacker be able to transfer funds and impersonate the victim?
Thanks.
The wallet file, which can be electrum.dat in older versions, contains your electrum seed which is needed to spend your coins. If you chose to set a password when you installed electrum the seed is encrypted before being written to disk. In that scenario if someone were to get their hands on your wallet file they would first need to decrypt it before they could spend the coins or sign messages using your private keys. If you haven't set a password then they wouldn't have to do that. |
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Well if it's going to affect anything it will be long running server processes not client apps like Electrum.
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This poll will never give you accurate results because of the following reasons: - The title that seems to be asking a leading question. - The fact that bitcoin only is just one option in the poll. - The fact that this is in the newbie section. I understand this may be by design. You just want noobs to vote. But it doesn't give you the true picture of the community as a whole. Of course noobs are going to get into alts because a) they're obsessed with mining b) everyone is telling them the bitcoin boat has sailed. Finally this: Help me change the poll. What option would you add without adding every altcoin in existence (the poll would be too long and always incomplete).
The most obvious option is "I came here for bitcoin but later got interested in alts too". 98% will vote for that option. You're right. That is by design. I didn't want people to feel pressured to vote for Bitcoin simply because they are at a Bitcoin forum. Nonbelievers here can be attacked pretty severely for their lack of Bitcoin faith. This place is worse than a Linux forum. Have you ever attempted to say you use Windows at a Linux forum. You may as well slit your own throat. No, "I came here for bitcoin but later got interested in alts too" won't work. I don't want ANY old Bitcoin users to skew the vote. I already know how many old users are into alts. Their posts are in the alt coin subsection. I don't want to know what they did "later". I want new people with just a few posts to tell me why they registered. If you voted please remove it because you are skewing the results. I didn't vote. The reason I said you should add that option is that Bitcoin is the most high profile of all crypto currencies. Everyone hears about bitcoin first and then about alt coins. It is natural if you think about it. It's a false assumption that 98% of the current members of this forum are interested in altcoins.
I was talking about new members. They hear about mining bitcoins, come here, learn that bitcoin mining is no longer for common folk and then get into alt coins. |
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This poll will never give you accurate results because of the following reasons: - The title that seems to be asking a leading question. - The fact that bitcoin only is just one option in the poll. - The fact that this is in the newbie section. I understand this may be by design. You just want noobs to vote. But it doesn't give you the true picture of the community as a whole. Of course noobs are going to get into alts because a) they're obsessed with mining b) everyone is telling them the bitcoin boat has sailed. Finally this: Help me change the poll. What option would you add without adding every altcoin in existence (the poll would be too long and always incomplete).
The most obvious option is "I came here for bitcoin but later got interested in alts too". 98% will vote for that option. |
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Where did the op get the 5000 figure from? The idea goes that you have a block every 10 minutes and 25 new bitcoins are created as a result. So 25*6*24 = 3600 new coins a day.
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It would be interesting to identify how you were hacked.. not sure if that's possible.
It's no mystery  Read what he's written. He used a dictionary word as his password! News flash: dictionary words, regardless of the language, are terrible passwords. Using a language other than English does NOT protect you. |
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your wallet was compromised. there is no way to recover the funds. to prevent this from happening in the future, consider encrypting your wallet, choosing a better password, and keeping your computer secure.
Not sure about that. That transaction shows change like a normal wallet transaction would. |
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Lol no, But trust me Rig doesn't restart because of small fluctuations.
Who said anything about small fluctuations? Over here I have a basic c2d system with IGP and LCD. This thing probably uses <80w in total and it restarts all the time during the summer months. As in all day long! A dozen restarts a day due to voltage fluctuations is the norm. A mining rig pulling 1kw is going to struggle to stay up for a couple of hours a day. |
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Wow that's cool! All of those are 270s? And those are plastic pipes, right? |
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