The problem isn't that some wrong text will show up in the chain, but the fact we will not be able to remove it.
Its like your house got sprayed with a very wrong graffiti and you (as it may look for others) REFUSE to repaint it.
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Would be nice to have rolling (twisted on edge) Bitcoin COIN animated.
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This has been discussed quite a few times before, which may be why not many developers have commented.
Theymos' entry is incomplete, so I extended it. There's another situation in which it's safe to delete transaction data: if you can prove it'll never be used. The transactions that embedded flags, ASCII Bernanke etc could be deleted without risk because the chances of finding a private key that hashes to a line of English text is extremely remote. What's more, transactions with non-random looking hashes or pubkeys can be automatically identified.
Doesn't changing the block result in invalidating Merkle root of that block, invalidating the block and the rest of block chain? Or you meant that the miner may choose to skip the bogus transactions prior to mining the hash for given block? How? Setting a strict rules on his bitcoind? Still, some data may escape and become permanent.
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It happened, so it is definitely possible. Embedding some really WRONG political, religious, porn etc. content into the blockchain forever might be real problem, IMHO. This it the kind of "news" all journalist believe to understand and will spread it heavily. Do we need another bad impact on Bitcoin in news? For most people, if they are told "there is child porn inside Bitcoin blockchain", they will get negative attitude against it. They will not care if the blockchain is normally not viewable nor that that "porn" is funny ASCII art made of dots and stars. Actually, in Canada, they might arrest you immediately ;-) http://www.comicbookresources.com/?page=article&id=32958.
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What if someone tries giving me a used BitDollar?
Just ask TheBitMan on the forum and I will confirm if the code has any value.
I LOLed. A LOT.
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BACK TO CARROTS! BACK TO CARROTS!
Damn, too late to harvest carrots. We are DOOMED.
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You may sell Bitcoins on TradeHill, transfer USD, and buy Bitcoins on MtGox. Laundered.
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Its only 7200 BTC per day (= 50*6*24).
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Lowering the TH/s will not lower the total amount of BTC being mined. Well, for next 2000 blocks, maybe. But then, it will re-adjusts again to 7200 BTC per day.
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At that time, my account got about 5 million USD accounted from some small BTC sale. Later, the MtGox ticker showed price at 14.10 USD per BTC. So, theoretically, I could buy plenty of BTC ... If I wanted.
Perhaps, MtGox had same safety blockage applied. But if not, anyone could rip the BTC out of it.
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We won't lock the account, as nothing was lost. It is an interesting way of showing things. We did a fuck up with this update that didn't go right (we did a dozen during the past month and it's the first update causing a major problem, we have found why and modified the procedures to make sure it won't happen again).
Anyway in this case Xiong Zhuang told us exactly how to get the funds back (cancelling the LR withdraw, thru crediting $2000 to his account, solving the negative balance and setting everything right). There is nothing else for us to do here.
We are auditing any account which got a negative balance following that bug. Yes, Dwolla can be reversed, and yes, we will ask for reversal if someone shows an intent to be evil. AML limits on withdraws prevent us from losing any significant amount, anyway.
What if someone had tried that moment to convert his millions of USD into some Bitcoins and immediately withdrew them out of MtGox? Even if 100 BTC would be the limit, its still some money ...
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Just note: MW/hour is nonsense. Power is in Watts, total energy consumed in Watts*hours (or Joules).
If the network has 10 MW now, each block, on average, consumes 1.66 MWh to be mined. So, if there are, for example 100 transactions in single block, each transaction (moving 1 BTC from your wallet to another) needs about 16 kWh!
So, to transfer a single transaction, about 3 kg of quality black coal must be burned.
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An analogy for those who claim to have no math problems, but still have:
Imagine shooting from a rifle to a train fast passing by. My rifle is 10x slower than yours. So, while a train passes, on average, you will get 10x more hits on it than me. However, if my rifle can shoot only once a minute and there is fast (or short) train, you can hit it .. once or twice, while I may happen than I completely miss it.
Understand now?
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Seems plausible denial methods (hidden container) are the way to go. And upon request, one would decrypt the fake partition with a Windows full of soft porn. Something like pictures of naked customs officers.
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What would the customs do if my notebook had drive encrypted and I refuse to decrypt it?
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Even if the shares will be re-accounted, the last block took more than 5 hours. The problems started, according to my graphs, around 18:20 GMT. Pitty.
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Well, it reminds me that at the start of this May I was trying to convince Rapidshare to be the first big one accepting Bitcoins. Would be beneficial for both Bitcoin and them. Got no reply so far ...
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Very nice QR code! However, I hated that little square, so I changed it to dots. Probably a violation of QR design, but still readable with my CodeUp mobile phone SW! BTW, do you have the original image in vector format (or bitmap with higher DPI?)
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I think its because it it the LAST batch of Sapphire 5830 ... Here in Europe, they were in stock for last two months, but, after few interruptions in supply, they are now marked as "product ended". So beware.
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Currently I run 5 GPUs (~ 1700 MH/s) on single GPRS line, which is limited (because I easily overfill FUP) to 16 kBits/sec in both ways. Surprisingly, it is sufficient!
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