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3381  Bitcoin / Pools / Re: [185 TH] p2pool: Decentralized, DoS-resistant, Hop-Proof pool on: March 11, 2014, 01:36:00 PM
how to use p2pool for antminer S1 ?

Easy. Set miner url to the IP of the p2pool node followed by 9332 (example: 1.2.3.4:9332) and set your username to your bitcoin address.

can you suggest which url or the IP of the p2pool node? 

mine.p2pool.com:9332

We are also pointing a TerraMiner IV at random addresses who are mining there for at least an hour a day to encourage people to use p2pool. 

Don't forget to set up backup pools.  Either various p2pool nodes, or some of the larger mining pools.
3382  Bitcoin / Bitcoin Technical Support / Re: Transaction with 0 conf on: March 11, 2014, 01:31:37 PM
You need to wait. Once you have broadcasted the first attempted transaction, it would stay in the memory pools of other nodes due to not being able to be included in blocks. They will drop it eventually and this can take hours to days, but before then the second attempted transaction will not be relayed.

The original may also be included in a block (and probably will).  Do you have the transaction IDs?  If so, people can give you better advice. 
3383  Bitcoin / Bitcoin Discussion / Re: Password strength on: March 10, 2014, 11:24:01 PM
I personally advise programs like KeePass and LastPass with 30(+) characters.
I use KeePass with the default (20 characters). Should I increase it?
Well it doesn't hurt to have more Cheesy probably in most cases 20 is enough tho. Better yet... some websites have a limit on like 24 characters Sad

Or worse, Schwab.com has a limit of 8, yes, eight, characters.
3384  Bitcoin / Bitcoin Discussion / Re: The 51% "attack" is a vote, not an attack - a call to developers of bitcoin on: March 10, 2014, 11:20:18 PM
One more comment.  We HAVE "democratic money" now. It is the nature of central banks around the world - they respond to the voters and politicians and do insane things.  From 2008-2014 you can read the history of some of them. From the early 1900s until now you can see the impact of "democratic money" on the purchasing power of a dollar, for example.

One value of bitcoin is that it is math based money that can't be devalued, inflated, confiscated, frozen or blacklisted etc. at the protocol level.  Changing those core features changes bitcoin into something that is not bitcoin.

:-)
3385  Bitcoin / Bitcoin Discussion / Re: Should core bitcoin developers freeze stolen Mt.Gox bitcoins? on: March 10, 2014, 07:29:06 PM
No!
Thread no.47 on this subject gets the same answer as the others: blacklisting bitcoins will destroy the value of the currency.


I think it is around thread 47,000!   :-)

Freeze-coins are not bitcoins, but an alt-coin.
3386  Bitcoin / Bitcoin Discussion / Re: The 51% "attack" is a vote, not an attack - a call to developers of bitcoin on: March 10, 2014, 07:14:31 PM
Go ahead, it is open source.  When it is ready, do a pull request.   Then you can see how many people believe this is a good idea in a democratic fashion.  You'll have your alt-coin, many others will stick with bitcoin.
Link?

Has a poll for this been taken already?


Link for what?  Bitcoin?  You can do a search for the bitcoin source on github.  http://lmgtfy.com/?q=bitcoin+github

A poll on this?  Polls are often meaningless, implement the changes, put the software out there and then people will decide where it counts, in reality not just a poll.

This is open source software, make the changes, use github and do a pull request (and fork the client and blockchain), publish your changes.  Then you can see how many people believe this is a good idea or not.  You'll have an alt-coin, many others will stick with bitcoin.  More people may choose your fork, I tend to think not many will, but the only way to find out is if one of these people who thinks it is a good idea decides to do it.  

The benefit is that it will show what a bad idea this is once and for all (well, maybe not, but it would be a start).  Stop talking, start doing.
3387  Bitcoin / Bitcoin Discussion / Re: The 51% "attack" is a vote, not an attack - a call to developers of bitcoin on: March 10, 2014, 07:04:18 PM
The 51% "attack" is a vote, not an attack

...

I call on the developers of Bitcoin to place a priority on providing to the community and miners a simpler interface through which the miners may freeze particular coins. The pools that show a high regard for democratic principles will lead the way to a more respected currency.

Go ahead, it is open source.  When it is ready, do a pull request.   Then you can see how many people believe this is a good idea in a democratic fashion.  You'll have your alt-coin, many others will stick with bitcoin.
3388  Bitcoin / Pools / Re: Which mining pool got hacked? on: March 10, 2014, 03:39:59 PM
Some advice for mining:
1. Always set auto-payouts, at least daily if possible, so you don't lose a lot if something happens.
2. As an alternative, just p2pool and get instant payouts so that there is no central wallet to be hacked.
3. 2FA is important too.

:-)
3389  Bitcoin / Pools / Re: Which Pool ??? on: March 10, 2014, 03:37:57 PM
Also you might want to read this!

https://bitcointalk.org/index.php?topic=504700.msg5559407#msg5559407


you can win 1 hour of 1.7TH/s  because the want to promote p2pool Cheesy

And I think they had a pretty good idea with the extra power

And p2pool is important for bitcoin - helps keep it decentralized so putting hash power towards that goal makes sense.  ;-)

3390  Bitcoin / Pools / Re: Which Pool ??? on: March 09, 2014, 07:21:30 PM
I have to agree with the recommendation for p2pool above. Generally you'll do better over time and promote decentralization.
3391  Bitcoin / Bitcoin Discussion / Re: This might rocket Bitcoin to the moon, again.... on: March 09, 2014, 07:14:46 PM
...says the guy who can't even get the basic spelling of spell "bitcoin" correct?

But has the real super rich moved any meaningful assets into bitcoin yet? At a market cap of less than 10 billion dollars then it really hasnt been touched by those who have to get out of a country due to conflict or government clamp downs on the rich.

Rich people are smart enough with their money not to fall for the bit coin scam.

When people legitimately can trade bit coins without fear of losing them, and can actually cash them out instantly without worry, then the rich might get into it. No matter what bit coin is 'worth', it's impossible to get the value out of it right now. There should be a lot of stories such as 'I bought 1,000 bit coin at $200 on Tuesday and cashed out on Thursday at $300.' I made $100,000 in just 2 days! Here's a picture of my yacht! But no--- nobody does that. Everyone follows their paper values and can't cash out when they want to.

The rich know how to take a 0.10 stock, buy a lot of it, and sell it all for 0.20 later in the day. It doesn't matter what the value of the stock is, as long as it moves, and they can actually buy and sell within seconds many times a day, they will put their money in and out of it. It is IMPOSSIBLE to day trade large portions of bit coin the way the currency is in constant flux, and the way all the exchanges are scams run by 15-year old developers who think that just because they can code HTML and PHP that they know everything about security.

Bit Coin is just the next Beanie Babies - a 50 cent stuffed animal, that somehow had values up to $3,000. That market had a 3 year run-up to unbelievable values. People paid $300 to own a 50 cent stuffed animal, and actually thought that $300 was a good investment. And then suddenly, within a month, the market was gone. I heard the same people back then talking about how the Beanie Baby market would help them retire. They ended up being worthless. Only the few people who got out right before the bust made any money.

Bit Coin is right at this bust point. No 'currency' has ever existed to make people rich. That seems to be the only point of bit-coin - to make the early adopters rich, in the guise that this is a currency. Sigh. Get out now, you might be able to make something, but it's probably too late now.




3392  Bitcoin / Bitcoin Discussion / Re: Is bitcoin a white/asian thing? on: March 09, 2014, 04:21:45 PM
On a similar note, I am curious is Bitcoin a blue-eyed/brown-eyed thing?  I don't think the proportion of green-eyed people is equal to their representation in society.  Is it cultural?  or they just don't care?

On a related note, the blood-types of people allowed to use bitcoin are messed up too.  There are way to many AB+ people and not enough O-.  Is it cultural?

3393  Bitcoin / Pools / Re: P2Pool.com support and information thread on: March 09, 2014, 03:45:13 PM
The decentralized nature ensures that blocks found are distributed to many nodes quickly, even if the node that finds the block has a slow upstream connection which helps to have fewer orphans.  This means it is seen more quickly by more nodes.  I saw the stats on it a few months ago somewhere and p2pool had very few orphans.  This seems to be what you said near the end of the paragraph - often the large network effect is more beneficial than a single large pipe is.  Obviously it is not 100%.

I'd actually be curious to know what p2pool's bitcoin orphan rate is for the last 6 mo vs other pools...

... but I still think it'd be more accurate to call this a benefit of how the p2pool protocol works, rather than attributing it to decentralization.  A pool could do something similar, by only connecting to a handful of nodes that they know to be well connected & have 1Gbps+ connections..

Fair enough.  ;-)
3394  Bitcoin / Pools / Re: [185 TH] p2pool: Decentralized, DoS-resistant, Hop-Proof pool on: March 09, 2014, 03:43:23 PM
reported speed is 98 TH right now, speed on p2pool.info still shows 150 TH but is clearly wrong.

BTW, those 1TH units popping up like mushrooms after a rainfall seem to behave fairly well on p2pool, I'm testing one since yesterday.

spiccioli


I remember gmaxwell reporting the Cointerra machines work wonderfully with p2pool. Wish more CT owners would install some nodes and get with the p2pool program. Smiley

They do work quite nicely with p2pool.com  ;-)
3395  Bitcoin / Pools / Re: P2Pool.com support and information thread on: March 08, 2014, 12:22:20 AM
2. Mined coins and rewards are paid instantly, so they are not held by a pool operator - so  you can't be goxed.
They're rewarded instantly but you have to wait for them to be confirmed to be 'paid'.

They are actually paid instantly and included in that block, but coinbase transactions (mining) have to mature for 120 blocks until they can be spent.  (Semantics that aren't super relevant for most people.  ;-)  )

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agree, re: 2nd part.  no clue why people use all these mpos pools run by shady figure x
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5. p2pool is DDoS resistant.
sort of.  the network as a whole is 99.99% DDoS resistant, an individual node is not.
Which is what I said - p2pool is DDoS resistant - I'd even say 100% resistant because "resistant" is so amorphous, and I didn't say any particular node.

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6. p2pool fees are generally significantly less than other pools
sort of.  for some reason lots of people like to mine on p2pool.org and it charges 2%.  but, then, it seems like people congregate towards the pools that charge the highest fees anyway.  guess that's why eclipsemc and bitminter have never become especially popular
The point is that on average a p2pool node has lower fees than the larger pools - some even with more than 6%.  Some were even higher at one point a few years ago trying to get people to leave due to the large share they had.  What is interesting is the ebb and flow of which pools are popular and which are not over the course of the last 3.5 years.

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8. p2pool generally has fewer orphan bitcoin (and *coin) blocks due to its decentralized nature
this isn't correct, it's not the decentralized nature that would lead to fewer orphans, that'd actually cause more orphans, since most (if not all) major pools have relay nodes with significant bandwidth.  user X with 256kbps upstream, would cause plenty of orphans.  I haven't looked at the actual stats, but I'm pretty sure the less orphan part is true, but that's because the block is relayed to all other p2pool users, which requires significantly less bandwidth (then in theory one of those p2pool users will have good connectivity, when I ran my p2pool node the person that showed on blockchain.info 90% of the time was either a node in russia, france, or my node in germany).

The decentralized nature ensures that blocks found are distributed to many nodes quickly, even if the node that finds the block has a slow upstream connection which helps to have fewer orphans.  This means it is seen more quickly by more nodes.  I saw the stats on it a few months ago somewhere and p2pool had very few orphans.  This seems to be what you said near the end of the paragraph - often the large network effect is more beneficial than a single large pipe is.  Obviously it is not 100%.

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Notes:
• Don't forget to set a backup pool
yeah, probably should have two backups.  oh, feel free to use nogleg.net:9555 for DOGE, oho
Or even more than 2!  Better too many than too few!


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• It is normal to have higher rejection rates on p2pool since it generates work faster than other pools and does not impact earnings.
the first part is correct, since the share time (should) be less than the block time for various coins.  the second part doesnt necessarily hold true though.  an easy example is p2pool.org, where you get lots of DOA shares, which arent caused by your own latency.

True, for some nodes as you point out, in general though it should not impact earnings materially.  I am not sure why p2pool.org displays those characteristics.


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• p2pool payouts ramp up over time, 3-7 days is normal depending on the coin.
i'd say more like 12-24hrs

For some coins, but for others with longer windows, the ramp-up can be longer than 24 hours.  I think it is better to expect a slower ramp-up given the vagaries of luck than have people disappointed if the ramp-up is a bit longer.  For example, if you are quite unluckily in your first few hours of mining, you will ramp up slower than if you have average luck or extremely good luck. 

:-)


3396  Bitcoin / Bitcoin Discussion / Re: Satoshi ruined a poor man's life on: March 07, 2014, 04:42:15 PM
No, the Newsweek reporter did.
This.
Besides there is no way that he's the only person named Satoshi Nakamoto.

Just ask Michael Bolton from Initech.
3397  Bitcoin / Pools / P2Pool.com support and information thread on: March 07, 2014, 01:16:02 AM
Deleted
3398  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DOGE] Dogecoin - very currency many coin - v1.5.2 Released, please update! on: March 07, 2014, 01:09:37 AM
If you are updating the list, p2pool.com also supports Dogecoin.

3399  Alternate cryptocurrencies / Pools (Altcoins) / Re: A Complete Guide to P2Pool - Merged Mining (BTC/NMC/DVC/IXC/I0C) plus LTC, Linux on: March 06, 2014, 04:16:18 PM
Can you specify the address that any coins should be sent to or are they just sent to an address generated in your *coind?

They go to the coind wallet unfortunately. There's no easy way to adjust that on the fly since the wallets themselves don't support it.

One could perhaps hack the wallet's API call for getblocktemplate to take an extra "payment address" parameter, and block that into the template returned. This way different miners could get different merged work.


I thought that you could specify in the command line for running p2pool the wallet that payments will go to:
  -a ADDRESS, --address ADDRESS
                        generate payouts to this address (default: <address
                        requested from bitcoind>)
source:
https://en.bitcoin.it/wiki/P2Pool

I plan on using a windows wallet on another computer that I would like payments to go to. My goal would be to seperate the pool and the wallet.

When you launch p2pool, to see if this is working, one of the first checks it will do is determine the default payment address. The address specified should show up there. I haven't tried it myself, but I'm assuming this is how it will work.

You can specify an address for the main pool, but when you use a merged parameter, you can't specify the address that any coins mined on the merged pool go to - they go to an address in the *coind wallet.  So if you are merge mining namecoin with bitcoin, you can specify the address that any bitcoins go to, but not where the namecoins do.

:-)



3400  Bitcoin / Bitcoin Discussion / Re: If that really is Satoshi, how can we help him? on: March 06, 2014, 04:13:12 PM
he's a libertarian.  so he don't need help   Cool

Unfortunately that only works if the bad guys accept the same "only use force in response" concept.  ;-)
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