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They are installing a fourth ATM in the USA.
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He was a Bitcoin pioneer. He will be remembered. My condolences to his family.
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I would argue that PoS adoption uses more electricity that a PoW global system.
OK. Let's hear your argument. Because PoS gives financial authority to individual stakeholders, no sovereign nation would allow a global authority to control the flow of money. They would enjoy having such authority themselves, however. Therefore each nation, state, community, large corporation, and many individuals as well as financial institutions, brokers, etc. will issue each their own PoS coins with competitive incentives. Not only would people need wallets for their legal tender PoS coin, but they would always want the best deal they can get from all the others. Just the exchanges alone would need computing power greater than the PoW network for Bitcoin in order to keep them straight. Point of Sales would need to be able to differentiate between thousands, if not millions of currencies. The power resources needed to secure all those PoS alt coins would be enormous. At least with all the PoW alt coins, nobody really takes them seriously because they are too insecure. Bitcoin derivative coins like Mastercoin simply use the one Bitcoin blockchain. Millions of clones can be created without adding additional power hungry nodes. |
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I would argue that PoS adoption uses more electricity that a PoW global system.
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Oh c'mon. At least come up with something that hasn't been done before. Howabout a coin that pays compound interest calculated continuously?
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It was my most commonly used pw for sites I don't care about with one added salt. I have a few variations, but not many. It was such an easy pw that it was the only one I didn't bother to write it down precisely. I did test it as well before loading the bitcoins. Is it one of your bible codes? No, my brain wallets are much more complex. This was the kind of pw most websites would reject as too simple except for adding the salt. With BIP 38 you need the private encrypted key, so there wasn't the need for a tough pw. I am perplexed and befuddled. I still think it may have been a possible bug in which case I will need help someday. |
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I noticed bitcoinaddress v2.5.1 wallet details tab occasionally pops up a new address. It might have fooled me into thinking I verified the pw. No worries.
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Well anyway. If I don't recover the PW, perhaps I'll hire someone to brute force crack it.
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I didn't write down the exact PW, but wrote down a hint to it.
could this be the problem? It was my most commonly used pw for sites I don't care about with one added salt. I have a few variations, but not many. It was such an easy pw that it was the only one I didn't bother to write it down precisely. I did test it as well before loading the bitcoins. |
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I always use bitaddress offline. I only have two versions saved to the drive. It looks like the newer one I updated April 5, 2014. I will look for the version from January on Github. |
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I updated the OP with details. I am trying all combinations of versions and browsers.
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How much did you loose?
I'm really not counting them as totally lost yet. That would be unthinkable. It is enough to shake my faith in cryptocurrency development that such a serious bug can occur. I will not completely rule out user error, but it's highly unlikely. |
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This encryption feature should be removed from all software until the bugs are worked out. I created a set of wallets with an easy to remember password in January 2014 and now it doesn't work. I tested the password to decrypt one of the wallets before loading them. Now I cannot recover them. I have a feeling this will be a problem for a lot of people that think their BIP 038 wallets are secure.
Edit:
Win7
Either Chrome, Mozilla, or Explorer (can't recall which I used) but probably Chrome
It was Bitaddress.org saved to my drive either v2.8.1 or 2.5.1 but probably the newer
I didn't write down the exact PW, but wrote down a hint to it.
I hope this isn't a bug and is merely human error. It will be much easier to fix that way.
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In PoW consensus is formed by those who own the most computing power instead of from individual devices.
This make no sense. There are plenty of independent miners. The most rewards flow to those who hold collective hashing power or bitcoin with the infrastructure they have designed to create an entry barrier.
Yeah. It's competitive. There are no laws preventing you from being a top miner. The only barrier is you. |
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Here is infamous mining equipment manufacturer kncminer. This is a single miner in the Unknown pie slice chart whose ambition is to compete with customers still waiting for paid-for equipment. Proof-of-Work manifestly encourages bad behavior.
It also encourages competition. This sort of bad behavior only exists in a monopoly and may be actionable. Certainly such bad behavior will not be forgotten, excused, nor forgiven. |
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Yeah. I have a lot of bitcoins lost this way. Maybe this tip will help.
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Yet-Another-Sad Late-To-The-Party-And-All-The-Hot-Chicks-Are-Taken thread.  |
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Hooray, I can pay my mortgage now!
Wow you were still living in unpaid debt? For somebody bragging how self-made he is that's pretty sad  Why wouldn't you borrow money at a low 29% interest when you can get a 4900% ROI with Bitcoin? OP is the type of person that would do that at an ATH. That's exactly what people were saying when the ATH was $1, then $31, then $255. The ones that stayed in did very well. |
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BIG BOYS wanna shake out the weak and earlier investors.
$130-170 /USD = BTC
Hate to break it to you, but the early adopters were shaken out at $1, then $31, then $250, then $1100. Good luck shaking out any more early adopters. Agreed! All that is left now are bagholders to several billion worth of Bitcoin chomping at the bit for a chance to break even but many of whom will gladly fold their hands as soon as Bitcoin gets within touching distance of their mean buy-in price and then there is of course a big mass of hoarded coins....many of which will be hoarded by early adopters so actually...... Disagreed! Agreed! So basically, everyone that holds any bitcoins is an early adopter. Except that when they die and their posterity inherit bitcoins, they are also early adopters because their children will complain about how low a price they got them. so actually... Disagreed! |
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Hooray, I can pay my mortgage now!
Wow you were still living in unpaid debt? For somebody bragging how self-made he is that's pretty sad Why wouldn't you borrow money at a low 29% interest when you can get a 4900% ROI with Bitcoin? |
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