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4561  Bitcoin / Bitcoin Discussion / Re: Is competition healthy for Bitcoin? on: March 17, 2013, 03:49:47 AM
Well, nobody who is nobody does... Smiley Cheesy

-MarkM-
4562  Alternate cryptocurrencies / Altcoin Discussion / Re: Devcoin on: March 16, 2013, 10:23:56 PM
Yes, I was able see all command by means of command line and help flag but there does not seem to be a flag that starts (solo) mining. Tx for all your help BTW.

-gen=1 on the command line (gen for generate), or gen=1 in the config file.

The --help should have shown that but maybe didn't explain it well or something?

-MarkM-
4563  Alternate cryptocurrencies / Altcoin Discussion / Re: DVC really costs 0.00000xxx? (5 zeros after dot?) on: March 16, 2013, 10:00:12 PM
In case anyone did not already know, DeVCoin developers are not the only cryptocoin's developers who are issued DeVCoins, nor are cryptocoins the only free open source projects being issued DeVCoins.

But since I already put the link to the Official DeVCoin Page earlier, everyone who is anyone already knows everything they need to know about all that, right? Wink Cheesy

-MarkM-
4564  Bitcoin / Bitcoin Discussion / Re: "Bitcoin And The Crypto-Currency Revolution In A Nutshell" Knoji.com on: March 16, 2013, 09:45:31 PM
Yeah I'm one of those nobodies too, maybe your log or hit-counter is broken.

(What, you might have exaggerated?)

Maybe all you got was a bunch of old farts off of USENET.

(No News is Good News. Smiley)

-MarkM-
4565  Bitcoin / Bitcoin Discussion / Re: Nope, we're not using a decentralized protocol yet, just a piece of software on: March 16, 2013, 08:43:46 PM
<tinfoil hat>

OMG it was a 10%-or-thereabouts attack! We always knew pools were a bad idea!

Just one pool can launch a 10%-or-so fork-merging attack! Somebody do something!

</tinfoil hat>
4566  Bitcoin / Bitcoin Discussion / Re: Dangerous precedents set on March 12 2013 on: March 16, 2013, 08:37:43 PM
It still seems odd to me why satoshi wouldn't still have a hand in steering Bitcoin through these issues.

The Pope has to rule on whether each incident in which he seemingly did actually counts before we can Canonise the guy, so in the meantime its a bit hush hush.

-MarkM-
4567  Bitcoin / Bitcoin Discussion / Re: Nope, we're not using a decentralized protocol yet, just a piece of software on: March 16, 2013, 08:34:07 PM
By flash crash, do you mean a crash that is over in a flash? As exchange rates have been looking pretty normal to me, other than a bit of a dip that was over in a flash.

Oh we didn't get back to $49.xx yet? That is normal too, touch a nice high, someone gets cold feet, step down a little to prepare for a more leisurely assault of the heights, I don't see a problem. Huh

-MarkM-
4568  Bitcoin / Bitcoin Discussion / Re: Cypriot bank deposits hit in €10bn bailout on: March 16, 2013, 05:30:31 PM

http://www.quickmeme.com/meme/3teams/

-MarkM-
4569  Alternate cryptocurrencies / Altcoin Discussion / Re: DVC really costs 0.00000xxx? (5 zeros after dot?) on: March 16, 2013, 04:45:07 PM
Thanks, that presumably accounts for the two such sites I know of? Or are you both referring to dust's site?

Oh and re debt I mean stupendous as compared to the number of coins actually existing, of course how much actual buying power that happens to be varies with the exchange rates.

-MarkM-
4570  Alternate cryptocurrencies / Altcoin Discussion / Re: DVC really costs 0.00000xxx? (5 zeros after dot?) on: March 16, 2013, 04:35:53 PM
I do wonder if all the people who come up with "market cap" figures for DeVCoin are basing it on the actual minting rate of 50,000 coins per block, or on the figure the "profitable to mine chains" sites actually show for coins per block, which is the 5000 the miner gets.

An interesting factoid about DeVCoin that might not have as much impact on its exchange rate as one might at first blush imagine, but which nonetheless could potentially lead to some impact at some time in theory, is the sheer stupendous amount of debt that is denominated in DeVCoins.

The largest lender of DeVCoin-denominated debt that I know of has 200803502366.36455490 on its books, compounded hourly so that figure might already be slightly out of date.

-MarkM-
4571  Bitcoin / Development & Technical Discussion / Re: UTXO set size does not increase storage costs, you just suck at computer science on: March 16, 2013, 03:55:37 PM
It's just a protocol which requires users to keep all data required to verify their transactions.

When the user is offline, where then can that data be found, or is it even needed at such times at all?

-MarkM-
4572  Alternate cryptocurrencies / Altcoin Discussion / Re: DVC really costs 0.00000xxx? (5 zeros after dot?) on: March 16, 2013, 03:44:03 PM
http://www.devtome.com/doku.php?id=devcoin

https://bitcointalk.org/index.php?topic=34586.0

-MarkM-
4573  Alternate cryptocurrencies / Altcoin Discussion / Re: Devcoin on: March 16, 2013, 03:29:39 PM
Do "devcoind -daemon" to start the daemon.

"devcoind help" for a list of commands it can send to the copy you did the -daemon flag with (as that one vanishes into background to become basically a "service").

"devcoind --help" for help about the various flags/switches such as the -daemon flag/switch.

-MarkM-
4574  Alternate cryptocurrencies / Altcoin Discussion / Re: DVC really costs 0.00000xxx? (5 zeros after dot?) on: March 16, 2013, 03:26:26 PM
It was deliberately designed to not be worth more than 1/1000 of a bitcoin per coin.

Still, that leaves plenty of room for growth from current prices. Smiley

-MarkM-
4575  Alternate cryptocurrencies / Altcoin Discussion / Re: Devcoin on: March 16, 2013, 03:20:07 PM
I try to solo mine with Devcoin but this beast seems to differ from Litecoin/Bitcoin. The Daemen runs on my Windows PC but the gen=1 switch in the conf file does not matter much. The gethashespersec is still 0... ?

The cURL stuff that goes out and gets the beneficiary lists seems to not be thread-safe or something, the GUI client regularly died if it tried to mine, so mining is disabled in the GUI client. Thus one uses the daemon for mining.

Sounds like it'd be cool to put in some kind of blurb somewhere to tell people that though, hmmm... Smiley

As to price/value of DeVCoins, the block reward is 50,000 coins (and never goes down; miner gets 10%, beneficiaries get 90%), it was designed deliberately to be worth no more that 1/1000 of a typical 21,000,000 max coins type of coin per coin.

-MarkM-
4576  Bitcoin / Development & Technical Discussion / Re: UTXO set size does not increase storage costs, you just suck at computer science on: March 16, 2013, 03:13:05 PM
In simple wordings: a distributed and shared UTXO dataset, right?

So we could also have a distributed and shared full blockchain?

Distributed data is one thing, reliable distributed data is a whole additional layer.

When "everyone" ("enough" people) have the blockchain, anything that "goes missing" from the DHT can be replenished.

But in principle you could do RAID type stuff to try to make it reliable.

There are challenges already before that though like spam and who can change which entries in the database and so on so it might be best to do just the UTXO set first and see how that works out before risking one's precious blockchain.

I am not sure offhand why thin client weren't already thinking DHT, maybe because one usually has the folks using it be the providers of it whereas thin clients seem to have been associated in people's minds with centralised servers. (Maybe those people had service offerings in mind as business they wanted to create a market for or something?)

(Or maybe phones just aren't good at being DHTs, maybe they aren't "always on" or have limited bandwidth.)

-MarkM-
4577  Bitcoin / Development & Technical Discussion / Re: UTXO set size does not increase storage costs, you just suck at computer science on: March 16, 2013, 02:15:01 PM
Y'know what, don't apologise, those guys really do suck at computer science! Smiley Cheesy

-MarkM-
4578  Bitcoin / Development & Technical Discussion / Re: UTXO set size does not increase storage costs, you just suck at computer science on: March 16, 2013, 02:05:48 PM
You know, miners are friendly guys, how about they all use same DHT, and then include confirmation information together with the block they have just mined?

We have to share? Darn, I was gonna say I want me one of those 2^51 record databases!

-MarkM-
4579  Bitcoin / Bitcoin Discussion / Re: Cypriot bank deposits hit in €10bn bailout on: March 16, 2013, 01:44:22 PM
Oh noes, the ATM networks is forked! Cheesy

-MarkM-
4580  Bitcoin / Bitcoin Discussion / Re: Why is Bitcoin safe against a quantum computer? on: March 16, 2013, 10:18:32 AM
If Christian is right, then classical computing should be able to reproduce all the results so called "quantum computing" can achieve, although how much slower it would be to do it that way I don't know.

Furthermore, he even has an experiment one can do with macroscopic balls that, if he is right, should reproduce the "spooky" results on the macroscopic scale, thus demonstrating they are simply the topology of space, applicable at all scales, not some special weirdness down where things get small enough to introduce measurement uncertainties and such.

Unfortunately, as far as I have heard so far, no one has actually built the little plastic balls prescribed and run the actual experiment yet. Partly it seems everyone is so sure the universe is fundamentally spooky that no one can be arsed to actually check whether, in fact, it actually is.

Basically it is classical geometry of the n-sphere and/or classical topology of the n-sphere kind of stuff, best represented using Clifford algebras, but even those who purport to be familiar with Clifford algebras don't really seem to be particularly handy with them.

He presents it in other notations too but his detractors tend to keep shooting him down inventing weird glitches almost as oopsie as the one Bell started his theorem / inequalities paper with that Christian is attempting to elucidate.

-MarkM-
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