Funny

Is this thing just a hack to fool miners into storing more data?  As you point out it's not just more TX but also more bytes per TX.  I don't see it happening.  Who is going to send that first transaction that might be spendable by anyone?  Probably I am naive here and missing some political or alchemical posturing nuance.  If so that's fine, in the end nobody is going to break the installed base as you put it.  It's not worth the risk.     

There is also the claimed advantage that it removes malleability.  But again, is malleability really a problem?  If you are concerned about a TXID changing, for some scheme that relies on using unpublished TXs, then submit your transactions directly to a mining pool.  This is the way we need to go eventually anyway, as TX relaying by random nodes is purely altruistic and in a long term perspective looks like a temporary condition.   

Anyway thanks for your analysis. 





 

Vulnerable to DDOS? 

First of all nobody uses these sites.  The interest in provably fair voting for the public is at the moment nil.

Second of all, the database of votes could be mirrored ad infinitum.  There is no need to log in here.  The database has no need to be secret.  No coins are held.

OK, it is conceivable that if a given vote became important and popular then somebody who didn't like the result would try to ddos the site.  However in this case we would simply dump the database on various public forums and allow votes on various other public forums.. pastebins, etc.  This is not an exchange or gambling site which can be brought down with a DDOS.  We hold no coin and all data is public at all times.   

Walk the chain from block 0 and build your own database. 

ACK

I dun get it either. 

Block-roulette

Presenting:
比特币 区块 轮盘赌



http://block-roulette.bit

http://block-roulette.com

http://blockzz.com

This thing is basically self explanatory.  Your bet, sent to a static address, is on the table when it is confirmed in a block.  The ball rolls around on the table - where the ball lies is determined by the last 5 digits of the next block hash.  We pay you accordingly (minus .0003 miners fee).

Please do check "table status" to see how much cash is on the table to ensure you don't bet too much, and whether the croupier is up to date on the current block height.

There are three croupiers manning the table to ensure you can play 24 hours a day.

Background

This thing exists mostly due to problems with the first generation of provably fair games:

1) It's not easy to verify the declared fairness.

Checking usually requires downloading a hash of a server seed before playing, downloading the seed itself after playing, checking the hash, checking a whole series of bets, and possibly other steps.  How many players really do this?

2) It's sometimes still vulnerable

There have been strategies the site operator could use to cheat you. One thing they could do is search through still-possibly-verifiable seeds (seeds which would have generated existing previous history) and find one which will make your bet still lose.  Another is to use house bets to move your bet into a different position in the bet order -  if the bet order matters, you can be cheated. 

 
As you can tell, we got rid of these problems here with block-roulette.  All entropy comes from an ideal stochastic source: the hash of the next bitcoin block.  Betting order doesn't matter.  The down side of this is waiting for the block.  This isn't instant payout anymore.

 
Disclosure

In fact, even though block-roulette is a big improvement, we still aren't provably fair (it's unclear such a thing really exists).  There is a strategy we could use to cheat you.  Namely, after you place a bet - we see the bet and somehow (possibly through miner collusion) put a bunch of other bets in front of yours in the block.  Then when it comes time to pay out your bet, the table will be empty of cash.

If we ever did this, it would have a very distinct signature.  It wouldn't be worth our while as the game would die.  You can further avoid this by keeping bets relatively small (in potential payout) compared to the available cash on the table.

Enjoy!

Nice site!  
I just discovered after we brought
http://block-roulette.com  
online

what does this mean:


" 6.For any block, there can be several winning numbers depending on the amount of bets that are played in the given block."


Good luck!  


PS - are you sure there is no way for a miner to check a discovered block and bet on your site knowing the solution a few milliseconds before broadcasting the block? 

Mochica [MCH]

Pre INCA people 

a finales de los 80's un arqueologo peruano
hizo un descubrimiento importantisimo,encontro a un señor ,que era un jefe importante
en aquella epoca,fue enterrado con todas sus joyas,y personas que tambien fueron
sacrificados en su honor ,ese jefe se le llama :El señor de Sipan,
todo se encontro exaptamente como lo habian dejado,hace muchisisimos años,
eso pertenecio a una era antes de los INCAS( ellos son los Mochica)

*applause* 

Somebody gets it.  Thank you

Those of us who know something about computers use command line tools. 

A payment is an exchange of one thing for another.  No difference at all.  What can I say. 

Anyway I am shocked at the idiocy of some other people in this thread.  I can only assume they are pretending. 

NOTHING is dependent on fiat.  The notion is absurd.  It is exactly the same as saying "if I am not robbed every day on the way home from work, could I still pay the rent?"

Of course you'd be alright - you'd have more money!!  "But oh no, what am I going to do without a totally broken system?" Oh I don't know, maybe use one that works? 

The whole point of fiat is to defraud idiots who give up labor and services for these tokens - tokens which are produced by the trillion at no cost!  How could anything depend on such fraud?

From "the whitepaper" which I guess (?)  you mean as this:
https://github.com/ethereum/wiki/wiki/White-Paper#blockchain-and-mining

we find:
"0.26x the total amount sold will be allocated to miners per year forever after that point."

That's quite clearly an unlimited supply.  Nothing about 90m in there

However thanks for getting me to check it out.  This is hardly a paper.  It is a vague meandering generalization of interesting ideas, at times contradictory and never precise.  The author doesn't make any attempt to use academic references.  Not like it matters much anyway, the details we need should be in the code right?  After all, consensus is shaped by the code not by the whitepaper git hosted blog, and we've all seen words that don't quite match reality haven't we.  Maybe the supply is limited after all?  
 
So lets go take a look shall we?  Source is online right?  Oh look, it's not one repository, it is 100 repositories to wade through.  Looks like mostly documentation, fragmentation, eneterprisey stuff.  Some searching leads me to believe most people use "go-ethereum".  Inside "core" there I find in "fees.go" :

var BlockReward *big.Int = big.NewInt(5e+18)

which gets used by the AccumulateRewards function in state_processor.go.  For what little it is worth here, in my opinion this looks like a fixed reward. 

An annual X% increase, no matter how small is X, means there is no maximum supply.  
Perhaps you could still call it "limited" because the annual increase is limited.  More limited than fiat at least lol.    

This is also true of e.g. Doge, Peercoin, 42coinhttp://frass.woodcoin.org/the-42coin-saga/, and most all the proof of stake coins.  

The supply is not limited.  The maximum number is inifinity. 

 

I'm sorry if I offend.  Its important to realize that "getting what you wanna" can be done with whatever you wanna.  Maybe an example would help.  Can you tell me something you can't get with gold or bitcoin or bags of rice?  I'll call the guy you want to get that thing from myself and determine a price in all three of those.  To be fair, sometimes it is quicker to go through a local intermediary fiat dealer, if you have a good one, than to talk with people. 

You mention that your family isn't rich.  I interpret that as being that you have grown up using counterfeitable units and assuming they are "money" and as a determination of who is rich or not.  Kind of the definition of poverty.  Escaping that is up to you. 

So let me get this straight.

You think the only way that food could arrive to you is if you trade a fiat currency for it? 

Have you never traded bitcoin, or for that matter, labor, goods, or services for food?  Nothing?  I'm curious where you are from

Well your first statement is obviously false; any bitcoin transaction is proof of that.    

The second statement is perhaps slightly more interesting, though you forget to tell us the metric by which the federal reserve note falsely claimed to be a dollar is "best".

One reason it is "best"  might be because I can print as many of them as I like, issue them to my friends in arbitrary amounts, while you have to work for them - and there's no way you'll ever know how many I issued. 

Another is because wisdom, knowledge, and human progress are our enemies.  Therefore a pseudocurrency like the dollar is "best" because it helps destroy these things in the name of stupidity and fraud.  

The third statement is a bit silly.  Did you know a single bitcoin passed the power of a single dollar in 2011?  

You might be interested in

coin-vote.com


As written up:


http://vixra.org/abs/1506.0163

Did dollars make banks disappear?


Hmm.. valuable assets are going to - stop people from being interested in financial services?  Huh?


Not sure where to go with this one.  Too broken from the start. 

Oh wait I know, you are thinking that "bank"  is a word that means "counterfeiter".  In this case, sure, bitcoin will be a thorn in their side as it can't be counterfeit.  But there will always be counterfeiters.  Count on it.  They will just make other things. 

This must be a joke.  The dollar is not even the most commonly used fiat token (that would be the yuan), let alone "accepted in whatever country".  Sure, you can always negotiate to trade anything for anything else, but by that logic the bitcoin is already accepted "across the globe whatever country"  as well. 

What?  Anybody who wants to can use it, there is no "allowed".  What did you mean by this?