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3501  Bitcoin / Pools / Re: [Bitcoins.lc] Issue with invalid shares (10 BTC bounty) on: June 10, 2011, 05:19:59 PM
Where the hell is your IRC channel?  I've been lurking in what I thought was the channel all day and haven't seen a peep.
3502  Bitcoin / Project Development / Re: LinuxCoin A lightweight Debian based OS with everything ready to go. on: June 10, 2011, 04:50:16 PM
6)  We need to delete all these.  First we must select the partition by typing:

"select partition=n"  (n is whatever partition you want to screw with)

Then we need to make this partition active by typing"

"active"

Once it is active we may delete it by typing:

"delete partition"

A faster way to do all of this is to just clean the entire disk/usb when it is selected.  This can be done by typing:

"clean"

Does it really work in this order?  I would expect the active flag to get cleared when the partition is deleted.

I wrote up some notes on this too, including tips for automatic mining startup, but I used a linux box (booted from the CD) for the partitioning step.  It is a real time saver, since you can do it and the ext4 creation at the same time.
3503  Bitcoin / Bitcoin Discussion / Re: Attrition: is there a solution? Does anyone care? on: June 10, 2011, 04:39:46 PM
Each change to the system will be adopted or rejected according to whether it is beneficial or not.  Adding digits will (at some day in the future) be worth more than it costs, and when that day comes, it will happen.  Other changes, like adding inflation by rigging the generation rules, will never be useful, and so we can consider that rule to be written in stone.
3504  Bitcoin / Bitcoin Discussion / Re: The real threat to Bitcoin on: June 10, 2011, 04:35:08 PM
This growth in value has to be represented by an increase of money available otherwise there will be a deflation of the currency used by that economy

False.

Deflation of currency occurs when the money supply shrinks. Economy growing =/= money supply shrinking. In relative terms, there is less money per good, but that just means prices adjust accordingly. It is a vast myth that a growing economy needs a growing money supply. It does not.

The trouble is it's possible for a central entity to gain most of the bitcoins over several generations, with a large chunk of the coins they could manipulate the markets and cause the same kinds of problems we see today with gold and silver price manipulation.

Yes we could use smaller portions of the coins when a large chunk of the money supply is not in play, but those with the most money just then loan out a lot of their money at interest, then eventually recall the loans once they have enough people tangled in debt, and create the boom bust cycle we all know and love.

This is true with any system of money, given enough time.  Bitcoins at least makes it much more difficult, since they can't just create money out of thin air, they must provide something of value for it.  And as they accumulate, they will have to provide much, much more value as the economy will no longer see the coins they are holding, and when they decide to dump, they will get much less for it.
3505  Bitcoin / Bitcoin Discussion / Re: Bitcoin Jailbreak -- Reputation? on: June 10, 2011, 04:27:36 PM
A couple of problems with your idea.

The first is that mining must secure the chain directly, or there will be cheating.  Or at least no one can be sure that there isn't cheating, which is the same thing in that no one will trust it.

And second, what you are talking about is just money.  You might be willing to do a favor for someone you know, or that you know of.  Beyond that, they'd have to pay.  Wouldn't you rather they pay with money, which is ultimately a measure of the world's respect?
3506  Bitcoin / Bitcoin Discussion / Re: price stagnation on: June 10, 2011, 04:19:04 PM
I wonder how many of the old timers are finally starting to cash in their bitcoins.  Would it be possible to match the sales data to block explorer data, or does the fact that they are intra-wallet transactions stop you from doing it?

It would be pretty hard to do, particularly if you don't already know either of the endpoints.

You could get mtgox to send you a bitcoin, then track that transaction backwards to see where it came from, and follow the chains forward and backward at each point.  But the more links you have to follow, the less sure you are of who owns the address you are looking at.
3507  Bitcoin / Bitcoin Discussion / Re: Attrition: is there a solution? Does anyone care? on: June 10, 2011, 04:15:02 PM
It would be pretty easy to double the precision.  And we literally have many decades to plan the change.

If you really want to know, the block header includes a block version number, currently 1.  All we have to do is define a new block using longer words for values, and call it block version 2.  Then wait 10 or 20 years until the vast majority of clients have been upgraded.

Essentially every one of these threads is started by someone that doesn't understand how deep we can really go with the 8 digits we already have.  A single bitcoin will be worth something like a million dollars before the final digit is worth as much as a penny.
3508  Economy / Economics / Re: Bitcoin's kryptonite: The 51% attack. on: June 10, 2011, 03:55:53 PM
Ahh, I get your point now.  I haven't given much consideration to a griefer attack.  I will ponder it.
3509  Bitcoin / Development & Technical Discussion / Re: Connecting bitcoins to credit cards, an idea on: June 10, 2011, 03:52:24 PM
There are two ways to handle transaction risk.  Both involve third parties.  Both types of third parties exist in the real world when transactions deal with dollars.  Eventually, both types will exist in the bitcoin world for bitcoin transactions.

Type 1 is an escrow service.  These do exist for bitcoins, as well as for dollars.

Type 2 is a transaction processor, like the Visa or MasterCard networks.  You pay them a fee to accept the risk of a rollback.  These currently don't exist for bitcoins, but at some point, they sure will.  In fact, I suspect that one or more of the current major credit card systems will embrace bitcoin when it gets big enough.
3510  Bitcoin / Project Development / Re: LinuxCoin A lightweight Debian based OS with everything ready to go. on: June 10, 2011, 03:22:57 PM
If Ghost treats a USB stick as a generic block device, it should work.  It deals with real hard drives in this way, so I think it would be likely, but I haven't tried it with USB flash drives.

Never used Clonezilla, so I have no idea.
3511  Bitcoin / Pools / Re: [Bitcoins.lc] Issue with invalid shares (10 BTC bounty) on: June 10, 2011, 03:20:55 PM
I think you are going to need to restart pushpoold with full logging on, and hope that you get enough information from the logs.

Right now, I can't tell if the problem is in get_work handing out the same work to many people, or if the problem is in check_hash (or hist_lookup) finding improper duplicates.  (both are in msg.c)

The answer is in the history elist, but I don't think there is any way to interrogate it while running.  Looks like the logs might show enough info.
3512  Bitcoin / Project Development / Re: LinuxCoin A lightweight Debian based OS with everything ready to go. on: June 10, 2011, 02:16:38 PM
I think you would need something like Ghost.  Remember that you need to clone the entire block device.
3513  Bitcoin / Project Development / Re: Bitcoin accounting and taxes on: June 10, 2011, 02:14:16 PM
On the other hand, while shares are totally fungible, bitcoins are not, at least when it comes to LIFO/FIFO.

For each spend transaction, it should be possible, at least in principle, to figure out which of your receive transactions it/they came from.  Whether the IRS would care to enforce this, or deem the LIFO/FIFO question a matter of local policy, is unknown.
3514  Bitcoin / Project Development / Re: LinuxCoin A lightweight Debian based OS with everything ready to go. on: June 10, 2011, 02:08:55 PM
Sure.  Just plug the working stick in, note which drive it is, then plug the other in, check which drive it is.  Unmount them both.

If the good drive is /dev/sdb and the new drive is /dev/sdc, use this:

Code:
dd if=/dev/sdb of=/dev/sdc

It'll take a while, probably much longer than just doing the setup.
3515  Bitcoin / Pools / Re: [Bitcoins.lc] Issue with invalid shares (10 BTC bounty) on: June 10, 2011, 01:21:27 PM
Has nothing to do with the midstate.  The midstate is calculated on the first 512 bits, which is identical in the two examples given in IRC.  The difference is in the timestamps, which is in the second half and will not change the midstate at all.

Also, the extraNonce is in the generation transaction.  The mining client never sees it and can't change it.
3516  Bitcoin / Bitcoin Discussion / Re: Back from a 3 month break. on: June 10, 2011, 11:36:02 AM
I'd still just use a pool.  That way you will earn the actual value of the card for sure, which is probably more than what you would earn in the self generation lottery.
3517  Bitcoin / Pools / Re: [Bitcoins.lc] Issue with invalid shares (10 BTC bounty) on: June 10, 2011, 11:32:41 AM
Are those the real usernames?  Now that I've signed up, I can see that you use randomly generated worker names.

It looks like someone is trying to scam you by sending in one result from many locations, hoping to earn many shares for little work.

Or is this happening to honest users?

If you can't tell, I've signed up and sent one of my workers to you.  Check your PMs for the IP and username.

Unfortunately, I'm going to be unavailable for about an hour, and it doesn't look like you can wait.  Hopefully someone else can step in and help.

Edit: usernames are random by design
3518  Bitcoin / Bitcoin Discussion / Re: Back from a 3 month break. on: June 10, 2011, 11:19:30 AM
Your node software is fine.  But you will never generate a block with that card.  Best to join a pool.

Thanks for the info but already stated i am sitting at 100.6 btc thanks to this card  Smiley


Of course now i might not seeing any btc's seeing the block chain is larger but its all a lottery system now.

Hk

I didn't mean that your card was never capable of generating coins.  I'm saying that between now and the end of time, it is pretty unlikely that it will generate any more.
3519  Bitcoin / Pools / Re: [Bitcoins.lc] Issue with invalid shares (10 BTC bounty) on: June 10, 2011, 11:15:31 AM
What do you mean invalid shares?  Like you think you found a block, but it isn't accepted by the network because the network found a block moments before you found yours?  Or is someone sending duplicates of their low difficulty solutions to you?
3520  Bitcoin / Mining / Re: Mining on the Amazon EC2 on: June 10, 2011, 11:13:24 AM
Won't be worth it.

M2050 is worth about 75 to 100 Mhash/sec.
The Xeons are worth maybe 20 more.
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