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521  Bitcoin / Development & Technical Discussion / Re: Bitcoin’s Public-Key Security Level on: February 01, 2018, 12:28:11 PM
Well written and i would had thought that brute forcing a 256 bit key would be just as hard for
secp256k1 as RSA so something must be used from failed attempts on RSA that helps the
attacker to zoom in on the key.

Anyone who knows anything about microsoft know they are CIA/NSA/MOSSOD and when you generate keys pairs
you run this code

Quote
RSACryptoServiceProvider rsa = new RSACryptoServiceProvider(512);  // Key bits length
rsa.PersistKeyInCsp = false;

By default the keys get saved unless you remember to add the second line of code I am told by just now
on my version or Dot.Net it is defaulted to false so maybe they keep flipping it.

RSA and BigInt's were made for each other so it's easy to write you own encrypt/decrypt functions
but I never trust microsoft and would feel safer if i knew how to generate my own key pair so that
RSACryptoServiceProvider could be placed in the bin

secp256k1 =lots of code
RSA = Blackbox and you don't know whats in the box
522  Bitcoin / Development & Technical Discussion / Re: Lightning Network is Centralized? on: February 01, 2018, 11:20:19 AM
The die is cast and for years here everyone was told that "Block-Chain" was the best thing ever invented and
now it's good to be "Off-Block" apparently and centralization was a four letter swear word but now we have the
worse kind of centralization with single points of failure without any redundancy.

Never again can Ripple be bashed on the grounds of bankers owning it since the LN hubs are mini-banks
and I am sure that fees will be low at first but we all know how banks work from our history books.

Bitcoin core will effectively become a central banks and the FED won't talk to you if you don't have billions
of $$$$ and when mini-banks go bad then Bitcoin will make out its just a few bad apples when it's not 
523  Bitcoin / Bitcoin Discussion / Re: Facebook ban ads for cryptocurrencies and ICO'S, what will be the effect? on: January 31, 2018, 11:24:19 PM
oh dear this is very bad news indeed since most of the fake-book spammers come from this site and now they
will be talking even more FUD here just to earn money from the adverts in their footers.

Yes we all know what I am talking about don't we boys

524  Bitcoin / Bitcoin Discussion / Re: I'm so happy this is happening! on: January 31, 2018, 11:20:04 PM
OMFG another one escaped from the nut-house by jumping out the window in an attempt to convince the world that he can fly.

Someone please send him a digital tulip to his funeral and to make it look pretty put some 2000 Dot.CON  bubble around it .

Please do not report me and remember he did ask me to do this  Shocked
525  Bitcoin / Bitcoin Discussion / Re: Bitcoin is garbage. on: January 31, 2018, 11:11:10 PM
I think the fee for bitcoin transactions is getting more expensive, maybe that's what keeps the bitcoin price down now? By the beginning of 2018 bitcoin continues to decline and also followed by other altcoins, or will this be the end of bitcoin?

Speak quite or the regulars, defenders of the faith we be sent in to pick a argument with you
Contains a coded message
526  Bitcoin / Bitcoin Discussion / Re: Is LocalBitcoin a front for the feds? on: January 31, 2018, 11:05:52 PM
Just read the note in my footer or look at network map shown below for Lightning and then try telling me that we are
looking at a picture of mama and papa banking or internationals banking with Bitcoin trying to position itself as the
central bank.

https://lnmainnet.gaben.win/

Don't let yourself be used and abused will you now folks, we did not sign up for this deception that's being played on us
and banking hub fees might start low but you don't need a crystal ball to see where this is going 
527  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin too complicated for ordinary folks? on: January 31, 2018, 10:45:14 PM
It can be complicated to ordinary folks that are not techie and dont have enough knowledge of using bitcoin. But if one is really interested to learn, i think it wont be that complicated.

Good to hear you saying that so let me give you a test and ask you to read the official Lightning Network white paper
https://lightning.network/lightning-network-paper.pdf

1. How many times is the word "Fee" or "Fees" used in the document
2. Does the document contain the terms "Savings account" and "Spending account"
3. What do they call these "things" that charge interest on money deposited in channels and also charge transaction fees.

Please be aware that the use of the word "BANK" is considered hate speech around here and must not be used in your answer  Cheesy Cheesy Cheesy
528  Bitcoin / Bitcoin Discussion / Re: GOOD NEWS No Ban On Cryptocurrencies ¨South Korea¨ !!! on: January 31, 2018, 10:35:55 PM
Now all we not to fix is USDT that's been printing fake coins for free and the loss of trust by the public after Tx fees
here hit $55 per transaction and convince people that these things that charge transactions fees and fees for keeping
channels open are to be called hubs even if they look like banks.

Tell me people does this network map look like mama and papa banking to you
https://lnmainnet.gaben.win/
529  Bitcoin / Bitcoin Discussion / Re: Bitcoin is garbage. on: January 31, 2018, 10:29:55 PM
The new cryptos which do not use blockchains are the future.

Block-chain can scale but just now how it's been used in Bitcoin and clones however hybrid versions
will take over and bitcoin development team could had fixed it instead of building Lightning which is a banking network
and designed to server banks using inter bank lines of credit that they call channels in LN

You are being treated to Problem-Reactions-Solution

 
530  Bitcoin / Bitcoin Discussion / Re: Bitcoin is garbage. on: January 31, 2018, 10:25:06 PM
Fees hitting $55 per transaction killed the goose that laid the golden egg because the miners got too greedy and the greed is far from
over since they are the ones running hubs on the lightning network that charge fees and interest on BTC needed to keep channels open
but if we call hubs by the correct name then they are known as banks

Feel free to argue that this looks like Alice and Bob are using Lightning so Bob can buy a Coffee from Alice
https://lnmainnet.gaben.win/
531  Bitcoin / Bitcoin Discussion / Re: Does anyone here day trade Bitcoin / Altcoin? on: January 31, 2018, 10:19:05 PM
not to mention the mempool has been smaller in past 2 days with low fee transactions (30-50 satoshi/byte) being confirmed fast.

Please speak in English, we all know what a $USD is worth or are you trying to hide the crazy price that it costs to store
a mere 250 bytes of data because i suspect you are so are you a miner yourself and do you like the results of $55 Tx
fees that's won't be forgotten and this is now reflected in the falling price of Bitcoin




532  Economy / Speculation / Re: Is this Bitcoin drop healthy? on: January 31, 2018, 10:11:36 PM
But are you sure that Korea sent the price down because teacher told you so or could it be much worse and
people no longer want to trust Crypto coins because word got out about the fees hitting $55 per transaction
and what about that funny money known as USDT that's been used to pump coins ?

Maybe the whales are getting out without trying to create a mass panic but hey, oh I know "Buy on the Dip"   Cheesy

533  Bitcoin / Bitcoin Discussion / Re: Why China and SK are doing everything right on: January 31, 2018, 09:40:39 PM
The Americans and the puppy dogs from the west like locking everyone else out and Asia is now
doing just the same back to them.

EVO seems to have the blessing of the Chinese government and I like what I have seen about this
coin network so it will become their equivalent to Ripple which I also like and would recommend it
to anyone new to alt-coins because you can contact someone on the end of an email if something
goes wrong   
534  Bitcoin / Bitcoin Discussion / Re: why all coins are going down..? on: January 31, 2018, 09:27:45 PM
" why all coins are going down..?"

Greedy bitcoin miners proved to anyone watching that they have us by the balls and can increase fees to $55
per transaction just to store 250 bytes of data.

That kind of new does not get forgotten and rubs of on all the other alt-coins too and if you want to see the
turning point then look at the chart showing BTC tx fees
535  Bitcoin / Development & Technical Discussion / Re: Bitcoin transactions processing on: January 31, 2018, 09:19:35 PM
Why are you comparing bitcoin functionality with that of your investment adviser/ personal banker??!

Lightning Network is a system of banks but they call them hubs and try to hide behind technical talk and academic
smog but no mater what why you cut the cake they are banks and here is the map of the inter bank connections being set up ready
to receive fee paying customers  https://lnmainnet.gaben.win/
536  Bitcoin / Development & Technical Discussion / Re: Proof of Stake Bitcoin? on: January 31, 2018, 09:06:41 PM
Not at all.  Read it.  It is about the amount of waste produced by a successful PoW asset, eating up a significant part of earth's economy in electricity and hardware to produce waste and nothing else.  It has nothing to do with money, but all with Proof of Waste.

Could not agree more and mining is even worse but for saying this we get called trolls around here even if our logic
is perfectly obvious and we lay out our reasons for not agreeing with the vicar of the church
537  Bitcoin / Development & Technical Discussion / Re: C# code needed for public-private Bitcoin addresses on: January 31, 2018, 09:02:28 PM
By the way this is the way you get public key from private key using this library:
https://github.com/TangibleCryptography/Secp256k1/blob/master/Secp256k1.Demo/Program.cs#L14
That is a bunch of BigInt multiplications.

Yes that's the same code supplied for testing it out.
Quote
BigInteger privateKey = Hex.HexToBigInteger(privKeyHex);
ECPoint publicKey = Secp256k1.Secp256k1.G.Multiply(privateKey);

Shame both the private address and public address objects are not both of the same type because some times
I want to encrypt with the public and decrypt with private and this works with DSA if you force it.

I was expecting the signature to work like that too but they do something with the public key and put that in the signature
and I've not seen the code to verify the signature that runs on the node and take it that the
bool verified = messageSigner.Verify(signedMessage);
is client-side (Wallet) testing of the signature but maybe I was reading it wrong

compliments to the guy that wrote it anyway
538  Bitcoin / Development & Technical Discussion / Re: Lightning Network | A boon or A bane? on: January 31, 2018, 08:43:25 PM

How is this a con? Once your connected to lightning, optimally you'd want to keep all/most of your hot wallet funds if adoption is high. Your funds are not trapped either, so it's essentially the same as keeping it in your wallet.

Please point out the last time in history when banks did not rip us off and these hubs that charge fees and interest on the BTC lent out to us
are banks, make no mistake about it and they are being ran by people that have the hardware and the BTC to finance the channel and these
are miners so cast your mind back to those same people who were charging us $55 per transaction a few weeks ago and you have the answer.

539  Other / Beginners & Help / Re: cryptocurrency on: January 31, 2018, 01:45:55 PM
Block-Chain as one big long snake won't scale if you want all transactions "on-Block" and sooner or later you are going to hit the buffers
regardless of the block size or timing and even with compression of the blocks using something like Segwit

Distributed Network Architecture (DNA) has been around for years and the developer of Bitcoin forgot to use it
from day one and now they have hit the buffers as would be expected with the database now being something
over 200gb of data.

Ripple, IOTA, HashGraph, NEO have all solved the problem using various techniques and it's systems like these
that will survive in the long term and they have traded off academic arguments against practicability when
it comes to centralization which Bitcoin with the lightning network has also been forced to do but they got this
wrong also because the banker hubs are not distributed so if the bank goes down and you only have one channel
open then your on a bank holiday, like it or not.

Block-chain is good but they have a missing link that I am investigating that will allow the BC to scale but it cannot
be retrofitted to Bitcoin and is a type if hybrid BC but it requires specialist nodes in a cluster that I call coordinators
because one size fits all results in every man/node for himself and this just creates network clutter.



 
540  Economy / Services / Windows based transaction hosting required on: January 31, 2018, 12:50:21 PM
I am just putting out feelers for now but I am in the very early stages of developing a coin network
and basically will need a few servers to host the app during testing but would expect the traffic to
be low to zero.

This is not mining, I don't like miners doing CPU-Wars and it's not needed to produce coins !

you will be risking me formatting your hard drive, running DDOS  type attacks or generally causing
mischief but I can provide full contacted details and will pay if the price is right .

Really it's just proof of concept and I don't even have any working code for now so what can I
expect to pay ?

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