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421  Other / Off-topic / Re: I just had this idea for a decentralized virtual world. on: August 21, 2013, 03:45:01 PM
it should be possible now, the compression is just the final calculations on moving objects, if it does not move do not recompute, if it does send the final calculation and compress.

I can imagine if we really wanted to go crazy, we can make it so out of the box it would have real physical rules, maybe even scientifically viable as a simulation platform that simulates, photons, atoms, chemicals etc. Not hard to do but the computing power would be massive, but the bonus? realistically destructible worlds, by natural forces.

You know what? someone should just start building it and send a shout out to volunteers. all we have to do is make the basic toolset for creating the world and allow people to define the level of detail to be added.

so who has experience building graphics engines?
422  Other / Off-topic / Re: what skills required to develop meshnets? on: August 21, 2013, 03:15:47 PM
use a blockchain with rotating private keys, the blockchain should only contain private key data that gets updated in a known pattern only known to the local computers that are communicating with each other. You may know how many people are connected to the network but because the network address re-organize themselves after every message, you can't follow anyone. mini-Enigma code style.

only the two computers communicating know the pattern and for each recipient the pattern changes, all messages are held at the computer waiting for broadcast, this would require a local mini-blockledger of the recipients and keys. Network rerouting is solved by simply checking the public blockledger for messages.

 Just a comparison problem between the two blockledgers. This would have to be done on top of a system like CJDNS or over the regular internet using fixed addresses to find specific pages on the network that get modified randomly after the initial contact. old keys get erased on the public blockledger after a pre-determined time. It's a hybrid solution but it would solve the routing problem.

edit: the .bit domain can be used for further censorship proofing... but it would make it slow to be adopted by the general public, but quick to be adopted by it's core group, techies.
    Also adding a magnetic link style system for public websites would increase download speeds as all websites could be torrented from other users that have visited the same pages.
423  Economy / Economics / Re: Bitcoin Adopting Countrys' Ultimate Guide to Taxation on: August 21, 2013, 02:28:12 PM
another answer is to tax all incoming money into the country, with a world wide currency like Bitcoin the tax codes would have to be changed so that all money must be taxed, incentivising the countries to promote and strengthen their business sector, the way it should be, to attract world wide business and with it the funds to promote the people's well being.

This change will be better for consumers world wide. it would be the expansion and strengthening of the principles that Adam smith spoke about in The Wealth of Nations. True Free Markets, the end of import tarrifs.

Taxation could be the future marker of a countries well being, the market wants to go to maximum efficiency for all actions, as the technology begins to be able to provide that through free energy, 3d printing, open source movement, taxation will increase or decrease based on the people's demand for basic services.
424  Economy / Economics / Re: this is a bubble. on: August 21, 2013, 02:22:15 PM
depends we have to monitor the volume of transactions on the exchanges as well as the perceived price.. right now it seems to hover around 100 and anything above and below is demand pressure/release.

other things to monitor is the fact that BTC is so hard to get now, the exchanges will fluctuate quite a bit now that it is harder to get BTC through mining... there will be lulls between buying sprees because people will use up at least half of the BTC they are hoarding, the people mining with ASICs won't be contributing to price accretion anytime soon... too centralized.

another factor is the market, how well advertised are the products that can be bought with BTC? if it is not well known, there will be no demand and still we have to consider that BTC is relatively hard to get and new users will have a steep learning curve to figure out the BTC ecosystem(markets, businesses, system, exchanges, etc), there will be a wave pattern to demand on the exchanges.

the ASICs entering the market may be a good thing, price will increase as soon as it is generally known that mining has become more difficult.

someone has to begin analyzing the Blockchain for economic data, what are the known retailers and payment processors BTC addresses... can the flow of BTC be in a recurring pattern that flows into these known businesses?  The more BTC is flowing in a closed loop, the more predictable the business cycle will be.

but eventually, the exchanges will die, many years from now since the possession of BTC will one day be fully decentralized, no need for exchanges on a world wide currency.
425  Other / CPU/GPU Bitcoin mining hardware / Re: Will Radeon 6970 & 7970 work on the same PC? on: August 21, 2013, 01:30:17 PM
It'll work beautifully, I had multi-gpus in my rig and they worked fine... but I just couldn't overclock the different model cards that were installed under the main pci-e slot, but they showed up on catalyst and worked great... well they're going to support litecoin now.
426  Bitcoin / Development & Technical Discussion / Re: Blockchain on: August 17, 2013, 08:00:34 PM

Most consumers, in the long run, will be fine running SPV clients. The network will still be decentralized as many businesses will want to run a full node in order to be able to directly verify transactions.

Yes I think this is a fair point. I have not studied the network side of Bitcoin much - is there any way to know how many full nodes are running at any one time?

There are currently 140k full nodes running world wide at any given time.
427  Bitcoin / Development & Technical Discussion / Re: Are off-chain transactions necessary to keep Bitcoin unbroken? on: August 17, 2013, 01:04:52 AM
why would we want to police off-chain transactions?
In fact why is it necessary to have off chain transactions?
If the ECDSA encryption is the most compact available is there a way to further decrease the transaction size or make multiple input transactions more efficient? I think I saw a 20kb transaction once... that is a lot of inputs.

we could make it so that all off chain transactions are handled in a mini-blockchain that is later integrated into the network for validity... it would be necessary, but then again... I can just send the private key of a recently made wallet over bitmessage with no cost and still lots of security.
428  Bitcoin / Bitcoin Discussion / Re: Does Linux need a Bitcoin OS? on: August 17, 2013, 12:52:26 AM
how would we build it?
Programming language?
capability?
Connective capability?
Distributed?
A.I. based?
etc?
429  Bitcoin / Development & Technical Discussion / Re: Blockchain on: August 15, 2013, 11:49:28 AM
What if instead we just parced it, torrent style? if people wanted to, Gavin was talking about paying the nodes... well why not just pay the nodes that have the full copy and the rest get the blockchain torrent? A fee system could be setup to pay an incentive to those who protect the network.
430  Bitcoin / Bitcoin Discussion / Re: Does Linux need a Bitcoin OS? on: August 15, 2013, 11:39:34 AM
Do you mean you have the making of a distributed OS? Like... part of my operating system is being hosted from the cloud? is it fully distributed? different parts managed by dedicated computers that manage other computers in the same way? It would be interesting to see a torrented operating system being compressed, encrypted and streamed with only the decoding left to be done, that would be an interesting service to pay for, using Bitcoin. Smiley ... Or hay, what if all that power from all the member computers was funneled into one efficient super computer for calculations available for everyone... that just so happens to be distributed.
431  Bitcoin / Development & Technical Discussion / Re: What are your thoughts on programming with COMMON LISP,SCHEME? on: August 11, 2013, 11:23:33 PM
I was playing around with rerouting algorithms, how the network speaks to all the peers making it adaptive to distribute for best pattern. Also thinking about adaptive algorithms for the proof of work,just seeing if the program could find a way of doing it more efficiently without increasing TH/s, for an alt-coin.

just thinking anywhere where adaptive behaviour would be interesting to see, if the Bitcoin protocol was fully distributed with the mining as well, so all mining nodes communicated with each other. It would be interesting to see a payout payed out directly to all participants instead of a competing few, you know like in a team environment. All nodes would help each other out regardless of POW, may help with everyone trying to make an alt POW coin.

or in the way that Bitcoin searches the chain, what if it looked at the chain over the network and only downloaded the chain as needed a la p2p torrent style? with a evolutionary algorithm you could do some amazing things, at many levels if it is implemented at all levels of Bitcoin, but constrained to the points of failure so it has a safe range to adapt the system.

The human aspects that we would interact with, the base settings, would be left alone, though it would be interesting to see a coin that fully adapted in coin amount, coin creation, and transaction limits interactively. I'd call it Botcoin Smiley
432  Economy / Economics / Re: Bitcoin volatility paradox on: August 08, 2013, 05:30:39 AM
Economic equilibrium, the study of quantity, demand, supply, and above all behaviour. The possible price of something can be approximated pretty close,... it's just knowing when it will be at any given point that is the problem; Behaviour, it changes everything.
  It seems Bitcoin was designed with a very volatile base amount, a little psychological limit: 21 million coins... that are subdivided to 8 decimal places or more. I think that all the monetary statistics are kept in standard units, only in exchanges do you see more than 3 decimals beyond the point. What happens when you try to add humans to determine it's value? Anything can happen, maybe it's just the way that the things you use to interact with Bitcoin are designed that are the problem, maybe it's the mindset that has to change the way we understand.

 I'm sure there are a lot of reasons for Bitcoin's fluctuations, but to attribute them to a single cause is not seeing the whole picture, it's a big world out there. The major fluctuations depend on how Bitcoin is being used, speculation, purchases, exchange, money transfer, stock, time stamp, savings,etc different uses will have different effects on it's price. it's something to think about. My personal thought is that the design would be more economically viable with more than 1 billion available coins, but this design choice creates an extra hurdle, for it to be more useful, the economy. How much can you do with the purchasing power of only 1 billion dollars? more coins more buying power for a whole economy, but with this it requires a lot of demand to move the price or a lot of people who know how valuable it truly is.

Hence, instability, the design forces equilibrium, people must reach a concensus on ,"how much is it worth?" and "What would be useful?"
433  Bitcoin / Bitcoin Discussion / Re: Sudden rise in Bitcoin transaction numbers - any theories why? on: August 08, 2013, 04:16:37 AM
It could be a clear sign that summer is coming to an end... no more glory days in the sun; The dreary reality of fall and soon winter will be upon us, it may be a seasonal shift in behaviour as billions return to their computers to observe the lucky few who are doing something other than working.
434  Bitcoin / Bitcoin Discussion / Re: Thailand Bans Bitcoin on: August 04, 2013, 09:45:54 PM
I find this so amusing... now we can monitor how Bitcoin functions inside a country that has illegalized it, we should observe how this develops... maybe even help bypass their system for future occurences of illegalization. How does the Thai legal system function? where does it connect to the internet? How do it's citizens react? are they for or against? if for, can the ban be enforced?
435  Other / Politics & Society / Re: Government surveillance, getting too intrusive? or is it required? on: August 04, 2013, 07:14:12 PM


  these problems have already been solved, why not just make government transparent, isn't democracy supposed to be by the people for the people? how can it be the choice of the people when you do not know what the people want? When parts of the public process are excluded from our eyes from our ability to critique and evaluate?

 so in essence government is meeting the peoples needs by listening to the people very carefully(spying) and shutting down any opposition or ideas that the people should not have through laws that make it easier to meet the peoples needs as long as they are easy to do or just illegalize them to make the job easier to do for limited individuals to interpret the will of the people by loading the dice of what the people get exposed to, or are allowed express.

The blind leading the blind, this is my opinion, but who knows if my opinion should be shared or acknowledged by others, should I even know that others agree with me? Should others know that I am critical of my government brought into power through majority mandate? but I'm not part of their party, I just voted for the loser so I have no say.
436  Bitcoin / Bitcoin Discussion / Re: Hypothetically speaking... on: August 02, 2013, 01:18:08 PM
  I think that we should not forget the market solution as much as people are thinking about protocols and computer programming here, there are other forms of programming, like social networks.
If you think about it carefully to incentivise a project you simply need to create the program, no need for a new coin for this one, just a little program that ties in to Bitcoin and any other cryptocurrency.

 Just imagine your favourite university or corporation, think of the market and the buying power that large corporations have... would they not mind paying you a little for your processing power? how much is your computers time worth? What offers are you willing to accept to give a research program your processing power. If someone created a program that all it did was crunch data from any source into useful output for any organizitation would you use it? People would simply pay in Bitcoin and the bitcoins would be distributed to the people who support the project; Everyone would be a manager viewing the total funds provided for the project it's aims and goals, combined with the data on the progress and number of people dividing the bounty, the more information available for everyone to judge the better, prices make a big difference when the data is private or open for the world.

 I think this setup would create that environment, you both have a cash incentive and a social incentive for a project... the more corporate or agenda driven projects would require more capital to motivate while the goals for humanities future would be weighed in to the true value of the projects benefits.

 The proof of work solution is too difficult to create a coin on complex problems, not all of them are easy to hash, may take as much power to confirm as to create transactions; The difficulty has to be set lower, let Bitcoin handle that part, let the market take care of the rest. But I do like the idea of Curecoin, you give a little for it's use on your part and can sell at anytime when you wish to stop donating.
437  Bitcoin / Bitcoin Discussion / Re: Bitcoin is Esperanto on: August 02, 2013, 01:07:39 AM
Bitcoin I believe is causing a discussion... hmmm. I wonder what would happen if someone created a truly marketable version of esperanto and distributed it to language enthusiasts to develop and use. It would be interesting to see it be modified and developed world wide to create a truly amazing version of language, easy to learn(babies can figure it out), Anyone can understand it(basic concepts from world languages incorporated), able to demonstrate and explain complex high level ideas(you can say a lot with just a little).

BitCode?
438  Bitcoin / Bitcoin Discussion / Re: The fiat system is better in some aspects on: July 28, 2013, 09:16:38 PM
how is fiat money designed then why is it better?
439  Bitcoin / Bitcoin Discussion / Re: The fiat system is better in some aspects on: July 28, 2013, 05:46:38 PM
  We are the designers of the future; I believe you are making the mistake of thinking that everyone should be like you and understand the things you already understand. No one has to understand how money works to use it, the design of the money will convey the ways that it should be used.

  The future needs new solutions that are not easy to come by or to choose even though they are the best choices. The regulatory hurdles, the legal ones are daunting but not as daunting as the preconceived notions of the masses who have not bothered to understand... we cannot all be creators some of us have to be followers, that do it out of our own volition.

  Scams, fraud they are a problem, Bitcoin has simply put the fraud problems back onto the users like it was hundreds of years ago, these are problems that institutions with real risks have to overcome and their solutions have stood the test of time for hundreds of years; The capable survive where the incapable cannot through innovation and escalation of known patterns. The pattern that will evolve from this reboot of money will be epic if taken to its logical conclusion... cryptography, insurmountable systems combined with free market choice will decide the best solution that blends the demands of the people with the capability of our current technology.
   Our money may no longer be able to be stolen easily without our consent... so now we have a re-emergence of age old scams that attack around the idea of money... property, services, business accountability, etc.

When we have innovated and escalated our money/property/services systems to match the real world... no one will care how it works, all they will know is that it does, because who questions something that everyone uses? someone did the scholarly work to prove it works... didn't they; Well we are part of that team, the Cryptographers.

The solution is three pronged... make a system that can be charged back, use the current hidden features of Bitcoin that are currently being solved by the Bitcoinj people, or adapt the property, services, and the delivery systems with cryptography for proof of ownership, proof of delivery and proof service systems... think of the receipts you get as confirmations, now combine them into a blockchain, what would happen.
440  Economy / Economics / Re: cB or 1/100 BTC - Convenient Unit Right? on: July 20, 2013, 09:35:42 PM
Why not just call it a Cent? and the next step down .000 a Milli, .0000 Ten Milli .000000 a Micro
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