Bitcoin Forum
June 22, 2024, 01:43:20 AM *
News: Voting for pizza day contest
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 [234] 235 236 237 238 239 240 241 242 243 »
4661  Bitcoin / Bitcoin Discussion / Re: Does it bother you Bitcoins is used to finance drugs, child porn and terrorism? on: July 02, 2011, 01:40:09 PM
bitsalame, why there is porn in your list? It's not an illegal or bad thing
4662  Bitcoin / Bitcoin Discussion / Re: Something which are not true yet for bitcoin on: July 02, 2011, 01:10:22 PM
Windows is safe, it's the people that use it that often are idiots
4663  Bitcoin / Bitcoin Discussion / Re: Something which are not true yet for bitcoin on: July 02, 2011, 12:42:24 PM
I quote everything
4664  Other / Beginners & Help / Re: Question about GPU miners on: July 02, 2011, 12:24:52 PM
Everyone?

Guiminer work without problems on both...
4665  Bitcoin / Bitcoin Discussion / Re: POLL: What are the most likely things that may cause bitcoin to fail ? on: July 02, 2011, 12:10:17 PM
The most probable thing is:

General lack of interest leads to slow death
4666  Bitcoin / Bitcoin Discussion / Re: Wall Street Journal Frontpage Ad - 5000 Bitcoins on: July 02, 2011, 12:06:00 PM
As I said, in order for Bitcoin to succeed, it needs to be made easy and safe. It is neither. And noone seems to want to truly address this.


^this
4667  Bitcoin / Bitcoin Discussion / Re: Does it bother you Bitcoins is used to finance drugs, child porn and terrorism? on: July 02, 2011, 11:56:33 AM
Ban dollar, is used to finance drugs, child porn and terrorism.

Arrest everyone using dollar, they are clearly helping the criminals!
4668  Economy / Economics / Re: $50,000 Loans that Don't Have to be Repaid on: July 02, 2011, 11:54:40 AM
Didn't the ppl who lost the job pay taxes?  Roll Eyes Why they should pay taxes if the government does not help them when they need it?
4669  Other / Beginners & Help / Re: I'm an undeserving early adopter, and here is my side. on: July 02, 2011, 11:13:00 AM
Quote
Still think that this had anything to do with luck?

Well yes, i had no idea that bitcoin existed until some months ago. As soon i discovered it, i liked it but... you need to be lucky to DISCOVER it.
4670  Bitcoin / Bitcoin Discussion / Re: If an attacker gets more than 50 % of mining power on: July 02, 2011, 10:54:54 AM
Quote
But spending billions of dollars on a ton of AMD GPUs simply so that you can destroy the bitcoin network is a negative sum game.
15 millions of $ aren't "billions"  Cheesy
4671  Other / Beginners & Help / Re: Reformatted hard drive, realized wallet file not in backed up bitcoin folder on: July 01, 2011, 05:27:04 PM
The client require a much better way to manage the wallet.

Why it is auto-created the first time i start bitcoin? It should allow us to create the wallet.dat file, choose where we want to place it. Allow us then to open another one for example. Maybe a file NOT named wallet.dat too?
4672  Bitcoin / Mining / Re: Pay $0 for electricity? on: July 01, 2011, 05:17:31 PM
If you produce electricity via solar energy you could sell it.

By using it for mining, you PAY for it, because you don't sell it.

Learn economy 101  Cheesy
4673  Bitcoin / Bitcoin Discussion / Re: A disadvantage of NOT being recognized as currency by governments on: July 01, 2011, 05:15:39 PM
A trade with bitcoins is protected by the law exactly like a trade with gold or what else

If i sign a contract where i exchange gold for bitcoin and you take the gold and run away without paying, well, law will protect me.
4674  Other / Beginners & Help / Re: Reformatted hard drive, realized wallet file not in backed up bitcoin folder on: July 01, 2011, 10:30:42 AM
When making your backups of bitcoin, the wallet.dat file is located in the user file, (actual users name), AppData, Roaming, Bitcoin folder.
Yeah, it's fascinating, the bitcoin client automatically put the wallet.dat very well hidden somewhere in the computer without even telling it to you

And then we wonder why bitcoin is not widespread used?
4675  Bitcoin / Bitcoin Discussion / Re: If an attacker gets more than 50 % of mining power on: July 01, 2011, 10:07:39 AM
It is not so hard for a rich guy or organization to spend 15millions to fuck bitcoin...
4676  Bitcoin / Bitcoin Discussion / Re: If an attacker gets more than 50 % of mining power on: July 01, 2011, 09:57:07 AM
Very doable if you can afford to spend 10/15 millions of $

Any rich guy could happily do it without problems...

Getting 50% would take a few million dollars, but rewriting many past blocks is much more expensive.

Even if any of this does happen, it can all be manually straightened out after control is regained.
Well he should buy the hardware and then run it long enough to have a longer blockchain

Once this happens how can you fix this? The only way would be to organzie a separate network with the old blockchain and telling miners to mine on it until it finally become once more longer than the "bad one"

It can be done but it require 1)a backup of the old blockchain 2)enough miners that know what to do
4677  Bitcoin / Bitcoin Discussion / Re: If an attacker gets more than 50 % of mining power on: July 01, 2011, 09:40:27 AM
You forget the "do it for the lulz" factor
4678  Bitcoin / Bitcoin Discussion / Re: If an attacker gets more than 50 % of mining power on: July 01, 2011, 09:30:13 AM
How realistic(practical) this attack is ?  
Very doable if you can afford to spend 10/15 millions of $

Any rich guy could happily do it without problems...
4679  Bitcoin / Bitcoin Discussion / Re: If an attacker gets more than 50 % of mining power on: July 01, 2011, 08:56:21 AM
But the blockchain "lenght" is based both on number of blocks and difficulty

So if his chain is shorter but has a much higher difficulty?
4680  Bitcoin / Bitcoin Discussion / Re: Jacob Appelbaum: "Bitcoin Prediction: Major bugs in the near future ..." on: July 01, 2011, 08:43:16 AM
I agree.  For one thing it relies on encryption and a public log.  Encryption can be broken and with bitcoins as is, you can't force new encryption standards on old bitcoins.  As for the public log, if someone branches from it or introduces their own log then we loose credibility of the currency.

Bitcoins is a good proof of concept, but I think the concept will be taken over and improved upon by companies who don't respect the same level of anonymity that Bitcoins and Tor promote.


Good luck breaking SHA 256  Wink
Pages: « 1 ... 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 [234] 235 236 237 238 239 240 241 242 243 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!