How would they take care of double spend for BTC->fiat conversion? I hardly imagine they would ask you to hang around for 10 minutes waiting for 1 confirmation.

I doubt these help, as the attacker doesn't seem to be using blockchain.info software to attack.  They seem to get the private keys somehow.

Changes to Alias Resolving

When a wallet is accessed using an alias if the browser does not already have the wallet identifier saved or have an authorised login session email authorisation will now be required.



If the browser is perviously recognised by blockchain no authorisation is required. Wallets can still be accessed directly by identifier, which provides 128 bits of entropy and should always be kept secret.

For example if you visit my personal wallet: https://blockchain.info/wallet/piuk if will appear as if no wallet exists however I will receive an authorisation email.

A number of users have reported their wallet being compromised to me, the exact cause is unknown (I suspect malware) however in pretty much all cases the user has set a wallet alias which is the same as their bitcointalk username (and used on other sites). This is common practice, however it much more secure if the wallet identifier and alias are kept secret. The above changes are meant to address this problem.

I will respond to the above posts shortly, apologies for the delay.

Unfortunately I think more users are likely to be affected by this transaction.

Any users who own an address used in the above transaction (https://blockchain.info/tx/89f8223bc1d9140889496dea843df1854f17aee35b8ac5006ec1efee2ba5bd80) please could you answer the following questions:

• Do you have a bitcoin app on your android phone?
• Do you have a blockchain.info wallet holding the address in question?
• If you have a blockchain wallet do you use a public alias the same as your bitcointalk, bitcoin-otc or irc username?
• Do you have accounts on one of the following sites: BTC-e, bitcoin-central or mining.bitcoin.cz?
• Do you reuse the same wallet password on different websites (specifically the above sites)?
• Do you read the BTC-e chat box?
• Does your browser have Java enabled? http://isjavaenabled.com

In the same way you "make" people buy BTC and LTC and what have you. If someone wants it, they are gonna buy it.


The market would still be free. If someone suddenly decides that it's worth more than $10, then so be it, it's not like someone is going to stop them from paying more ( or less ), is there?
Having set a starting point guarantees you massive profit, and isn't that the point of premining?

Hello All,

Since the launch of Feathercoins a few weeks ago, the coin has gained a huge support from the community. The hash rate of the network is insane for a coin that is only here for a week or so, and people are already buying and selling it actively. There are also plans from exchanges to support Feathercoin, and a few of them already do support them.

While this succes alone proves that this coin is here to stay, there are always a few doubters. But don't worry, there are only a few of them and they are hating in almost all threads. It always are the same users who are trying to bring the coin down. Their argument is that the coin is an exact replica of Litecoin, which is true except for a few points.

There will be 4 times more Feathercoins, then there will be Litecoins, which is also 4 times bigger then Bitcoins. Therefore I like to look at it this way:

Bitcoins = Gold
Litecoins = Silver
Feathercoins = Bronze

I think that there is enough room for a 3rd major coin, and I believe that it will be Feathercoins. People's minds are too limited, and they fear that only 1 or 2 coins will become major. The beautiful thing about Cryptocurrencies in general is that they are opensource, and therefore a LOT of things can be done with them. As there are already stores accepting Bitcoins and Litecoins (Some starbucks etc), I think that other cryptocurrencies will be accepted soon.

It is only a matter of time before a program shows up which will accept all major cryptocurrencies, stored in a few wallets, but all managed by one program. This means that storekeepers simply choose which currency will be used to pay (BTC, LTC, FTC, PPC etc), and the price of the product will automatically adjusted to the price in coins equivalent to USD$. So, presume a cup of coffee costs 0.0001 BTC, then it will be 45 LTC, and maybe 400 FTC (Feathercoin).

The whole idea of Cryptocurrencies is fast and cheap transaction costs with a transparent network. One way or another, Storekeepers will always prefer Cryptocurrency over creditcard payment because there are almost no transaction fee's, and because cryptocurrency is becoming a big hype.

That is the reason I believe that Feathercoins will become a succes, and that there is room for more then 1 or 2 cryptocurrencies. After all, there are also a lot of Creditcard company's aren't there (Visa, American Express, Mastercard etc).

That won't work. You can't arbitrarily decide the price of something, it would have to be free market.

Why not also set a fixed $price / coin before the launch to avoid all speculation? How about $10 / coin?

So I'm thinking about making my own alt-coin. A number of people have written to me about the idea and I've been thinking about it for awhile.

A few characteristics I thinking about:

1. RUC style alternating hash algo to prevent (hopefully) jerks with ASICs or early adopters who want to crush the project. (that's RUC coin right?)

2. Fast retargeting a-la Terracoin, so confirmations are snappy.

3. A massive premine for me and maybe some friends who would like to be involved. Why lie? Premine sucks because people lie about it and pretend to be angels. I'd be honest and open about it- if you're cool with that, join the train, if not- well, not like there aren't enough alt coins to go around these days. How does a premine hurt you, potential miner? It doesn't. Someone always has more coins then you and life goes on. What sucks is the real sense of unfairness about being mislead about a premine. Who knows. So far all the premined coins came about where the developers lied about the premine (do I name names?), were jerks about it the whole way through (SolidCoin), or claimed noble intentions in a very odd way (FRC).

Any thoughts? Is a scam really a scam if you know it's a scam?


Count me in!!!

It's possible that THE BITCOIN FOUNDATION, INC. just entered his name and details into the by-laws and makes it appear that Satoshi endorses THE BITCOIN FOUNDATION, INC.

Additionally, they admit they have locked Satoshi out of the forum.

https://bitcointalk.org/index.php?topic=186939.msg1943004#msg1943004

Lol. You're going to need a lot more consensus than the foundation could muster for that one!

How did the foundation go from being a "hey guys let's pitch in and get Gavin a salary (and generally put our heads together to promote Bitcoin technology)" foundation to a multi billion-dollar conspiracy organization?

They are not trying to take over anything because they already have.

Satoshi has been sighted! He is now a member of "the Foundation" otherwise known as THE BITCOIN FOUNDATION, INC.


As a founding member of  THE BITCOIN FOUNDATION, INC. he may have signed the by-laws. In the interest of full transparency THE BITCOIN FOUNDATION, INC. should post a scan of the original by-laws or provide us with an explanation why he was appointed without his consent.

Please post on Twitter, Facebook and other social media. Let's get the word out.

THE BITCOIN FOUNDATION, INC. is scrambling and covering up to bury this story by relegating the most important revelation since the genesis block as deeply as they could in these forums:
https://bitcointalk.org/index.php?topic=188177.0

How much do you think you've lost due to fee's? It really does add up over time. I sorta feel as if they contradict the whole idea of Bitcoins..

(Yeh yeh, I realise they have to be there, but they still suck & interested to see how much they've effected you guys)

And chucked this in speculation since it's speculators that trade the most