Hadn't heard of these, definitely makes sense to do p2p. It seems p2p is the right model for all things. But anonymity is like randomness is like security. They are all hard to come by. If your bits are going over someone else's physical network then what stops them from sorting out who's who? google is not toasted yet tho  But p2p search is a good start. |
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Yay for Eric Schmidt and the "free" market!
Funny how so many hold google in high esteem. Remember Alta Vista? Who killed Alta Vista?
State sponsored capitalism = facism
google makes money how? They give most all services away for free? They have vast warehouses of compute power and pay for it how?
Searching isn't enough, but knowing what the urchins are searching for is gold.
Let's see initially for gmail you had to get an invite. So they had a chain of trust/blame.
Yes store all your email on their servers.
Store all your docs there.
Store your calendar there.
Store your address book there.
They track you by pretty much any website you visit. Try dropping google traffic at your firewall and then go browsing.
It's all free! (Well your tax dollars are hard at work)
Don't forget all those millionaires sprung from google.
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In the case of PMF, and a lot of other things I've dreamed up,
You're not saying that you thought of PFM, right? the actual needs are highly simple and there is no need for accounts due to the features inherent in Bitcoin. As I mentioned earlier, if I have a green address of PMF's, I can send both funds, and instructions (by way of a small transaction for a specific amount.) PMF need only an address to send what they owe me (refund if not fully funded, or installments in more complex campaigns.) If they keep open books, I can cross-check that I am not being cheated...and if they won't keep open books there is some problem there and I don't want to be involved.
These are good points. I would like to see open books across all/any project that asks for donations. It will happen someday. The sooner the better. Following the money trail will tell you, quickly, a lot about a project or org. A solution such as I've outlined should be very easy to secure with no external access at all, and the logic involved in the BTC flows and instruction set should be very straightforward to code. Have you guys (in bit-pay-land) considered offering a service to make such a solution practical to those who don't absolutely need a pay-pal-esque solution? Needless to say, you could run in entirely in-house and square with the vendor in ways that users don't care about.
If what you're saying is to have bit-pay offer a service, that donors to PFM never see or have to deal with, then yes that would be preferred. bit-pay might take less per transaction but they could still work out something. Of course there will be such a solution written by the community soon so bit-pay will have to look hard at their model and become irrelevant. I'm not bit-pay-bashing either but the nature of BTC is that of a decentralized, anonymous spend/pay system and it needs to stay that way no matter how many sirens sing their songs of ease-of-use or convenience, etc. Is all the code for bit-pay free (as-in freedom)? |
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....lunatic scribbles deleted.
Another embarassing BTC citizen. No wonder businesses are so skeptical of BTC. |
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I've never gotten around to figuring out PMF.
Ideally PMF would get it together with Bitcoin and I would be offered and offer exactly one thing each:
- They tell me: A Bitcoin address to send Bitcoin to (green)
- I tell them: A Bitcoin address to remit any proceeds to.
I don't want to dick around with bit-pay accounts, PMF accounts, 'following' this and that, and on and on. Bitcoin should be stone simple and anonymous and as best I can tell, it _could_ be. I have not a whole lot more interest in having a bit-pay account than having a pay-pal account to be honest.
I completely agree that PFM should handle all transactions and not use a middle-man, escrow, bank or whatever you want to call bit-pay. Couple of clarifying points. This film isn't meant to produce revenue as it will be offered for free. So there's no dividends for this film. If it's greenlighted than your donation is kept by the filmmakers. I think the reason PMF is using bit-pay is so that bit-pay handles paying people back if the film doesn't get fully funded or in the case of a film that returns dividends bit-pay would pay those dividends on behalf of PFM. |
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means those with the highest coin holdings (wealthiest) are the only ones able to sign blocks and transactions, being able to do it without requiring heavy work. The reasoning is that since they have the most coin wealth, they have the most to lose, and thus they won't try to screw the network, lest they crash the price of the coin and lose everything. The idea is also that they will have the most incentive to protect it.
Prof-of-stake sounds like a good idea only until you realize that it already exists, and is called USD and Federal Reserve.
It sounds like a bad idea. I heard of another one recently called ripple, ripple-project.org. A trust-based system but doesn't seem like a lasting idea. |
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Luckily, 3D printers are a very long way away from printing electronics, televisions, blenders, and refrigerators. It'll happen eventually though.
I urge you to look into 3D printing a little further. It's not that new. My point is that we are not a long way away at all. There's another name that it is called but I can't remember the term. I think it's additive engineering (as opposed to removal engineering). They are doing human organs, engine parts and I've seen intricate items like a timepiece. Don't forget any disruptive technology is going to get held back by tptb, but things move forward. |
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If I recall the numbers you won't have enough time to recoup the $3600 for the BFLs with only 4-6 months of mining.
12-(2+4) = 6
or
12-(2+6) = 4
You have free power? That would help.
LOL...no, the 4-6 months is when the BFL units would ship out to the regular public after pre-orders are all filled  Well maybe you don't know this. The current reward will be halved in Dec. (a.k.a. 12th month). So how do your profit numbers look? You'll have 3-5 months actually since March is close. Does the math confuse you? There are some online calculators. |
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If I recall the numbers you won't have enough time to recoup the $3600 for the BFLs with only 4-6 months of mining.
12-(2+4) = 6
or
12-(2+6) = 4
You have free power? That would help.
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Start a contest for the best FPGA implementation for BTC mining
2500 BTC for best in MHash/Watt and MHash/$
1000 BTC for best in MHash/Watt
1000 BTC for best in MHash/$
1000 BTC bonus if a cheap DIY energy solution is used.
Donate some to orphanage and poor kids programs.
Open a homeless shelter for homeless families.
With the rest buy some farm land and other real estate.
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The politics of making that a reality would bog it down into a painful misery.
Besides 3d printing may do away with shipping a lot of stuff. Imagine local 3D printing shops that have the raw materials and you design what you want from home, they print it and you pick it up and pay for it.
We are on the verge of some new and very disruptive technologies impacting the masses. Nanotech being one. The significance is not realized by most but it hasn't gone unnoticed by defense industry and others.
But maybe your maglev could be used for moving raw materials.
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betsofbitco.in
Was thinking of adding a bet.
Is Hollywood working on a sequel to 2012: WE WERE WARNED called 2013: WE WERE WRONG
(should the premiere be Dec. 22 2012 or Jan. 1 2013)
Predicting a date for a catastrophe is a hoax. But doesn't mean that we couldn't get hit with some nasty coronal mass ejections this year.
Taking the power grids out for multiple months would be a catastrophe. Civility would break down quickly. There have been tests already.
There was a power outage not long ago in So. Cal. (think it was OC and SD) but that was not more than a day I think.
A single PG&E employee caused it.
And some places routinely lose power in winter, more than a few days and it can be difficult.
Perhaps it would force us back to simpler living and allow us to reconnect as humans again. OMG, face-to-face interactions!
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It's good that they're doing all this. It makes it clear to, almost everyone, who the real terrorists are. You see? If you don't then you don't matter.
On a related topic does this mean that they don't care if you steal a cup of coffee?
Also someone once said "if you're part of the risk you're part of the solution".
Oh and what do they think if you try to use BTC to buy coffee? Yoo go on the assasination list I presume.
But wait, what if you don't drink coffee? What if you drink Chai? They need to update their policies.
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Proof-of-work is fatally flawed and in the future alternative cryptocurrency will be based on a more sensible architecture... proof-of-stake.
Can you give an example of proof-of-stake? Not clear on what you mean. |
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Doesn't surprise me, the BTC world is full of scams and scammers. I wonder how many others were robbed by them too. Just make sure in the future to "trust no one" a.k.a. TNO. This kind of theft could seem like small stuff but if there are enough small thefts then they could make some real money out of it. It's a skimming scheme and that seems to be very common in BTC world. Lots are trying to skim BTC from anywhere/everywhere.
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Regarding whether this project is official or has a greenlight: Simply put, nope.
Thanks for the update and good luck on exams. I'm just a curious bystander to all that is BTC. I find the FPGA solution to be the most interesting part. I think you know that the BTC world has tons of frauds and many on these forums. So the questions are partly a legit-test too. FPGA combined with free energy sources will dominate the mining world. I'm sure someone's working on a mining asic and they may be able to go faster and use less power but the price will be high. |
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Does this project have a greenlight? Is this a college project too? How much funding do you have so far?
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The address is odd, seems scammy. Happy to be proven wrong.
25E 12th Street
Kansas City, Missouri 64106
That's a 12 story building, usually a suite number is needed for large buildings.
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they fine you for not having your rubbish bins within the proper place
Munter, well we were discussing econ/finance but I suppose that rubbish bins play heavily into it as they produce so much rubbish. So the two top money makers in the City Of London are - Financial terrorism
- Rubbish bin fines (Cannot lose decorum but losing other peoples money is A-ok)
So still seems spot on as the top candidate for banking king (or queen). |
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Everyone already has a copy of the blockchain. All we need is a GUI or CGI to read it.
bitcoin has lots of commands that can be issued to a running bitcoin instance: backupwallet <destination>
getaccount <bitcoinaddress>
getaccountaddress <account>
getaddressesbyaccount <account>
getbalance [account] [minconf=1]
getblockcount
getconnectioncount
getdifficulty
getgenerate
gethashespersec
getinfo
getmemorypool [data]
getnewaddress [account]
getreceivedbyaccount <account> [minconf=1]
getreceivedbyaddress <bitcoinaddress> [minconf=1]
gettransaction <txid>
getwork [data]
help [command]
keypoolrefill
listaccounts [minconf=1]
listreceivedbyaccount [minconf=1] [includeempty=false]
listreceivedbyaddress [minconf=1] [includeempty=false]
listsinceblock [blockid] [target-confirmations]
listtransactions [account] [count=10] [from=0]
move <fromaccount> <toaccount> <amount> [minconf=1] [comment]
sendfrom <fromaccount> <tobitcoinaddress> <amount> [minconf=1] [comment] [comment-to]
sendmany <fromaccount> {address:amount,...} [minconf=1] [comment]
sendtoaddress <bitcoinaddress> <amount> [comment] [comment-to]
setaccount <bitcoinaddress> <account>
setgenerate <generate> [genproclimit]
settxfee <amount>
signmessage <bitcoinaddress> <message>
stop
validateaddress <bitcoinaddress>
verifymessage <bitcoinaddress> <signature> <message>
walletlock
walletpassphrase <passphrase> <timeout>
walletpassphrasechange <oldpassphrase> <newpassphrase>
What other info do pools need access to? |
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