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I use BTC to pay for rent and utilities.
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Checkpoints as a cognitive security blanket against doomsday reorgs will likely stay, but we could update them less frequently, with a more regimented process, and perhaps change how nodes respond to them (e.g. a conflicting chain becoming longer making all nodes go into a safemode where they regard everything new as unconfirmed, process no transactions, and discourage any new blocks that process transactions allowing for a public resolution of the "impossible event", rather than directly coercing the consensus). I think it would be cool for checkpoints to be distributed periodically in dead tree format. |
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Instead of checkpoints, client could hard-code a MAIN_CHAIN_MIN_POW variable. This would be the PoW of the main chain when that version of the client was released. All clients wouldn't need to agree on a value. It is just a spam protection value.
Haven't there been periods where the difficulty went down? |
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I hope nobody is surprised.
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Government = RIAA
Bitcoin = Thepiratebay/BitTorrent
That's pretty much how it'll play out.
QFT |
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There are no shortcuts, but I wish you the best of luck with your endeavour.
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"Anarchy" means "without rulers". So you can create anarchy by simply refraining from any attempt to rule over other people. Interact with other people via negotiations and mutually beneficial exchanges and you've created anarchy in your personal sphere. That's all there is to it; it's not hard at all. The problem for most people is they really have problems with consistency. There's some group of people out there they just can't accept not ruling over with threats and/or violence. |
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This article can be summed up by:
The Problem With Altcoins is that they hurt my personal wealth, so they are bad.
The rest is just backward reasoning to justify that Bitcoin is superior to everything.
There is no point in reading an argumentation which is driven by it's agenda. I have to admit that I haven't carefully read thru the whole nonsense, but the fact there isn't even one positive thing about altcoins in it shows it's purpose. Greed is more visible to most bitcoiners when they look down at altcoins, but that is the very same greed that got most of them into bitcoins aswell.
Independet of the topic, it is alwasy a bad idea to read only stuff that supports your oppinion.
LOL, did you even read the same article I did? Oh wait, you didn't even read it because you got butthurt that it badmouthed your beautiful junkcoins. Funny that you mention greed, that is the only thing backing up all the junk out there. I love it when someone announces in the same post that they both have a strong opinion about something while also having no basis in knowledge for having an opinion at all. (I don't need to know what this article says in order to know I disagree with it!) It's a rare gift when somebody tells you straight up out that it's safe to Ignore them. It saves so much time. |
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It's still a bit too early for that to be practical. It will come eventually though, so it's a good goal to work toward.
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"News reports indicate that Bitcoins may have been used to help finance the flight and activity of fugitives.
Need a picture of Grumpy Cat saying "Good" here. |
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That chart is really terrible. It's not obvious at first glance that Mt Gox still represents a majority (>50%) of trades in BTC terms. |
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I'm currently working on writing an online bitcoin wallet. I want to use bitcoind as my backend. Is it secure to generate one address per user, or will they be able to access other user's wallet?
Why don't you want to allow your users to have any financial privacy? |
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This thread would be a lot more interesting if the posters who don't like the conclusions of this author could actually form a coherent rebuttal to any of his arguments.
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I run my own IMAP server (Dovecot) on a home server and use Fetchmail to download mail from my various email accounts.
It's nice because it lets me collect all kinds of mail into a single mailbox that can be read from my PC or phone. I've got a VM running a POP/SMTP-enabled version of Bitmessage that Fetchmail can poll, so that pulls any messages I receive via that network into my normal workflow.
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By the majority of definitions, the USA cannot commit terrorism. Terrorism = non-state actors.
Definitions don't contain arbitrary exceptions. The correct word for such a construct is "hypocrisy". |
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Damn dont click shit
The client should disable links Just use Tor and/or a VPN. |
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I hope they appreciate their business circling the sinkhole. The only reason to use Dwolla is to buy and sell bitcoins. Without that, they have no business. Since they legally aren't allowed to serve the only market that is interested in their services it's all over for them. The founders are just consuming what remains of their investors' money while waiting for the company to die. |
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