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3161  Bitcoin / Development & Technical Discussion / Re: A rolling root to solve Bitcoin's scalability problem? on: June 24, 2014, 10:04:23 AM
bitfreak: your paper is on my reading list and I have already read part of it. I'd like to get back to you soon on it with my impressions. Your paper will be the ... 3rd or 4th alternative consensus/blockchain proposal that I've reviewed, and it looks promising. Here are some preliminary comments since I suspect that my full review won't come for a while due to deadlines:

- One of the few important things that you're missing is the recent 51% solution to mining pools. Add that to your protocol/software and you'll go a long way to have a altcoin/altchain of major significance.

- You use "we" frequently in your writings but it sounds like you mean to say "I". If you have multiple people working on this you should make that clear by mentioning their names.

- Your other thread seems to indicate that you're already mining and giving away coins? There are good ways and bad ways of doing this, and depending on which method you choose it can make or break your coin. More fair = more chances of success for the coin (and you). I recommend doing a *lot* of reading on this and seeing how other coins approached the task (and what the end result was). And if you're too lazy to do that, just do whatever Ethereum is doing (Vitalik is a bright guy).

Now, to answer e4xit:

Could you show me the lines from the blockchain (not the website) which show the 'balance' for this address you have selected as I can't find them and I have been searching for hours, thanks.

(reminder of your selected address 18uvwkMJsg9cxFEd1QDFgQpoeXWmmSnqSs)

The balance is calculated from the inputs and outputs to that address. You would need to know how to do arithmetic to figure it out (or have your computer or friend do it for you).

In research papers the passive voice is often used. Likewise the royal we is often used even with one author (e.g. In a dissertation) despite Mark Twain's comment on the matter.

It does depend on the publication guidelines and local custom.
3162  Bitcoin / Bitcoin Technical Support / Re: FAQ: All About Unconfirmed 0 Confirmation Transaction Fee (READ before posting!) on: June 24, 2014, 12:07:23 AM
I was just going to ask about this because I'm getting a lot of those type of messages in my error log as well transaction already spent? I just sent some money in exchange for paypal, and I don't want to come across as untrustworthy, I'm keeping in contact with the seller but I really want to know if there's some way to fix this? I feel really bad that this isn't work out faster or better for me and him but I have no idea why it's not working faster.

For reference I have the 64 bit bitcoin-qt and I'm on semi slow internet. It wasn't a large amount (about 50 bucks worth) so it really shouldn't take this long right? I sent it over an hour or so ago, it should have at least one confirmed but it's not.

Did you pay a fee?  What was the transaction?  (This should probably not be in the FAQ section though).
3163  Bitcoin / Bitcoin Discussion / Re: Survey Says Most Americans Want to Ban Bitcoin: Highlighting Need for Education on: June 23, 2014, 04:37:05 PM
It would be really nice to see the exact questions.  Sometimes they are biased to obtain a specific result (e.g. push-polling), so knowing the questions and the context in which they are asked is important.  E.g.

Q 1. "Bitcoins have been used to buy drugs.  Have you heard that?"  

Q 2. "Should bitcoins be banned?"

v.s.

Q 1. "Bitcoins have been used to send money to charities around the world.  Have you heard that?"  

Q 2. "Should bitcoins be banned?"



:-)


Both sets of those questions have heavy bias for or against bitcoin.  A better question would be:

Q 1. Bitcoin is a currency that exists without the backing of a country.  Are you for or against Bitcoin's regulation by the United States Government?

There are entire graduate level courses that focus entirely on asking survey questions without bias.  That way you can gather accurate data.

 

That was the point.  

Both are biased and if you don't know the poll internals, you don't know which way it is biased or whether it is biased at all.

(and by the way, your sample is heavily biased too - "regulation" is an emotion heavy word, as is the phrase "without backing of a country.")
3164  Bitcoin / Bitcoin Discussion / Re: Survey Says Most Americans Want to Ban Bitcoin: Highlighting Need for Education on: June 22, 2014, 08:49:09 PM
It would be really nice to see the exact questions.  Sometimes they are biased to obtain a specific result (e.g. push-polling), so knowing the questions and the context in which they are asked is important.  E.g.

Q 1. "Bitcoins have been used to buy drugs.  Have you heard that?" 

Q 2. "Should bitcoins be banned?"

v.s.

Q 1. "Bitcoins have been used to send money to charities around the world.  Have you heard that?" 

Q 2. "Should bitcoins be banned?"



:-)


Polls that don't reveal methodology are pretty much worthless. Anyone with an agenda can make a poll say what they want.

Exactly.  You need to see the internals of the poll before you can trust them.
3165  Alternate cryptocurrencies / Altcoin Discussion / Re: Theoretical Gold-alike digital network[Proposal] on: June 22, 2014, 08:39:36 PM
Like I said above, this will be an alt-coin and a hard fork for bitcoin. You'd have to find someone to write the code for you and then convince people to switch to your fork. It seems unlikely people will do so but the new alt-million-year coin would not be bitcoin. Without some clear need it is highly unlikely the developers will code this for you.

All that said, the code itself seems simple based on your description so it would be pretty easy to implement. The issue is convincing people to switch to your alt-coin. I believe it would take a very good reason to get people to do so. Selling it would be something you'd have to do.
3166  Alternate cryptocurrencies / Altcoin Discussion / Re: Theoretical Gold-alike digital network[Proposal] on: June 22, 2014, 07:06:20 PM
It is software so you can do pretty much whatever you'd like. This would be a hard fork so you'd end up with coins on both forks if you had coins now, then you'd just have to convince people to switch to your fork for your new alt-coin, million-year-coin.

:-)
3167  Bitcoin / Bitcoin Discussion / Re: Survey Says Most Americans Want to Ban Bitcoin: Highlighting Need for Education on: June 22, 2014, 03:45:51 PM
It would be really nice to see the exact questions.  Sometimes they are biased to obtain a specific result (e.g. push-polling), so knowing the questions and the context in which they are asked is important.  E.g.

Q 1. "Bitcoins have been used to buy drugs.  Have you heard that?" 

Q 2. "Should bitcoins be banned?"

v.s.

Q 1. "Bitcoins have been used to send money to charities around the world.  Have you heard that?" 

Q 2. "Should bitcoins be banned?"



:-)
3168  Bitcoin / Bitcoin Discussion / Re: How will the end of Moore's law in 2020 affect Bitcoin? on: June 22, 2014, 01:16:47 PM
The end of Moore's law has been predicted since the early 1980s, just like 300 baud was the max modem speed.

Perhaps the "experts" are right this time, but I wouldn't count on it.
3169  Bitcoin / Press / Re: 2014-06-22 Tulsa World - Bitcoin faces biggest threat yet: a miner takeover on: June 22, 2014, 01:12:21 PM
"Tulsa World" HuhHuh

Must have a different definition of "notable".

Unfortunately it's more serious FUD than that. Because it's from AP, it's picked up by every rag whose editor needs filler copy. Google "ap bitcoin miner takeover" and be amazed at how pervasive the story is.

Nasty propaganda mechanism - that one might not even notice if it weren't for a BTC story.


Good point. Terrible reporting.
3170  Economy / Economics / Re: How high a of a market cap would bitcoin need to have to be 'stable'? on: June 22, 2014, 10:57:10 AM
Even gold with its huge market cap is still relatively volatile. Bitcoin will always be relatively volatile as long as it isn't used as a widespread unit of account.

Is it really gold that is volatile being priced in fiat or fiat being volatile when priced in gold?
3171  Bitcoin / Press / Re: 2014-06-22 Tulsa World - Bitcoin faces biggest threat yet: a miner takeover on: June 22, 2014, 10:11:10 AM
"Tulsa World" HuhHuh

Must have a different definition of "notable".
3172  Bitcoin / Development & Technical Discussion / Re: A rolling root to solve Bitcoin's scalability problem? on: June 21, 2014, 03:49:25 PM
OP, It seems like the bottom line is you would need massive changes to bitcoin (with hard fork) to do what you want to do....

It's time for a hard fork anyway:

http://hackingdistributed.com/2014/06/13/time-for-a-hard-bitcoin-fork/
http://hackingdistributed.com/2014/06/18/how-to-disincentivize-large-bitcoin-mining-pools/

Quote
the scalability problem is quite manageable so that's why it doesn't make sense.

There are opinions, and there is data. The latter impresses me more and is linked in the first post.

Then fork it and implement the changes - unless that is what you've been working on since March and are ready to release some alpha or beta code, which would be cool.

Code will give some very good data as to how it works, potential issues etc.  Discussing it here will do little, but since it is open source, implementing will do a lot.
3173  Bitcoin / Press / Re: [2014-06-210] Bitcoin Price Looks to Slip Further in Wake of Government Auction on: June 21, 2014, 02:36:36 PM
"Price Looks to Slip Further"

What a meaningless phrase.  Over what period? For how long? From what starting price?

Really though if they really were seers they would be rich and not writing for a magazine.
3174  Bitcoin / Press / Re: Bolivian Central Bank Reportedly Bans Digital Currencies Like Bitcoin on: June 19, 2014, 11:13:21 PM
...“To ensure the stability of the domestic purchasing power,” ...

Talk about a statement completely at odds with reality!  A central bank promising stability is like the number two promising to be an odd number.
3175  Bitcoin / Development & Technical Discussion / Re: Expiration date on: June 19, 2014, 02:23:59 PM
Lost coins aren't a problem and they never will be.

qft.

"Redistributing"/taking/stealing coins from someone who hasn't touched them is the problem with this idea. All these ideas like blocking the FBI coins, ruining fungibility, taking dormant coins and the like need to have the people who suggest them implement them so we can put the ideas to bed once and for all.
3176  Bitcoin / Bitcoin Discussion / Re: ‘Bitcoin Jesus’ Calls Rich to Tax-Free Tropical Paradise | #bitcoin #jesus on: June 19, 2014, 01:12:15 AM
All those damn American BTC millionaires up and defected from USSA and are held up in penthouses on a secluded island in the Caribbean. And, They never payed their fair share.
^Future leftist class warfare talking points to get the drones behind droning the new aristocrats. Grin

+1.   Sounds about right.
3177  Bitcoin / Development & Technical Discussion / Re: Expiration date on: June 19, 2014, 01:09:05 AM
It sounds to me like you are saying: if "coins" (abstracting away the underlying details of scripts, inputs, outputs etc) are dormant for a period of time, then the "coins" are redistributed to someone else.  E.g. miners or people with transactions in the block.  So if the "coins" hadn't been moved in say, 210,000 blocks (roughly 4 years although somewhat less in practice), the coins would be redistributed on top of the fees for the following block.

The concept has been discussed before, and if you implemented such a scheme (however you did it from a technical level), you would be forking bitcoin, both the software and the blockchain itself. You'd end up with an alt-coin of some type.  If you were implementing it with bitcoin everyone would have coins on both sides of the fork.

Some people might like this alt-coin and switch completely to it selling their original coins on the bitcoin side, some people might not care and keep their coins in bitcoin and the new alt-coin, and some people might hate the alt-coin and sell all the coins on the new alt-coin and trade them for bitcoins.  Some would not doubt be a mixture.

You have to ask yourself: which coin would I want if it were me?  Would you want a coin that if I forgot to move the coins every 4 years (or 8 or 2 or ...) would take them or would you want a coin that kept them safe until you wanted them?   Obviously for the technically minded, it would be easy to set up something to just move your coins every year and avoid the issue, so who would be impacted?  The non-technically minded people most likely who would think, "oh, I'll move the coins every year or so" and then forget and have their alt-coin taken. 

So from a policy standpoint, it seems unlikely that people would switch to this coin.  There is a possibility they might use it for some purpose, but I think that many people would not use it in practice.

You could always implement the idea and put it to the test to see what happens in reality with adoption.  It would be an interesting experiment to see in practice. 

3178  Bitcoin / Bitcoin Discussion / Re: ‘Bitcoin Jesus’ Calls Rich to Tax-Free Tropical Paradise | #bitcoin #jesus on: June 18, 2014, 10:29:35 PM
I think that alot of people on this board will become citizens of St. Kitts, 200k is not too big a deal for the benefits.

The nice thing with the St Kitts program is you spend the $400k to buy real estate and you can sell it again in 5 years so you are essentially investing in real estate there which may appreciate, or at least won't lose all its value and then you can get it back later.  So if you don't mind having your money tied up for 5 years, it is a good deal.  IF you are looking for that kind of thing. 

If you think about it, its just a ponzi scheme.

Btw, Roger Ver is a fraudster and scammer. The MtGox fiasco proved this. I've warned ppl on here many times b4 MtGox went south.

I can strongly say hes in it with Marks.


He may be, but the program itself is what I was speaking about. They've been doing it for 30+ years and the real estate on st kitts is comparably priced with other islands in the Caribbean, so you have some indication of the value there. 

The bitcoin and passports thing is a separate issue. :-)
3179  Bitcoin / Bitcoin Discussion / Re: ‘Bitcoin Jesus’ Calls Rich to Tax-Free Tropical Paradise | #bitcoin #jesus on: June 18, 2014, 12:19:28 AM
I think that alot of people on this board will become citizens of St. Kitts, 200k is not too big a deal for the benefits.

The nice thing with the St Kitts program is you spend the $400k to buy real estate and you can sell it again in 5 years so you are essentially investing in real estate there which may appreciate, or at least won't lose all its value and then you can get it back later.  So if you don't mind having your money tied up for 5 years, it is a good deal.  IF you are looking for that kind of thing. 
3180  Bitcoin / Bitcoin Discussion / Re: Bitcoin Addresses: What happens after 20 years? on: June 18, 2014, 12:14:55 AM
...
"A lottery is a government tax levied on the absence of mathematical skills."

My calc three/stats teacher stated it as:

A lottery is a tax levied on the innumerate.

:-)
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