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521  Bitcoin / Bitcoin Discussion / Re: The NEXT generation of Physical Bitcoins... on: October 15, 2013, 10:26:29 AM
Hi Tim,

    Really glad to see you have posted on bitcointalk about your coins!

    Trust issues with centralisation aside this is a different approach to Casascius and I think it could have a place in the market.

    Can one buy via your website now?
522  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: ► ► ► [CAP LIFTED] LEALANA PHYSICAL SILVER LITECOINS FOR SALE (1/2 oz & 1 oz) on: October 15, 2013, 12:55:23 AM

ITEM #3: 1/4 Troy oz 999 Fine Silver 5 LTC Lealana Litecoin NEW!

These 5 LTC  1/4 Troy oz. 999 fine silver coins' addresses all start with "LTC5". They all come with a clear air-tight capsule with appropriate sized spacers and a COA. These coins do not come with a leatherette. Holograms are serialized.

PRICE (1/4 oz): 17 LTC  or 0.3 BTC each

BULK PRICING (20 coins):  306 LTC  or 5.4 BTC



1. Why do these have serial number printed onto the holograms?

...
1. Laser engraving will likely be added to the holograms of all silver coins that are sold for added security.
...
3. Batch #1   1/2 oz coins' addresses will not be prefixed with "LTCX". They will be pulled from the list at http://lealana.com/fulllistltc.txt
...

2. Can you expand more on the laser engraving and how this will add security?

3. To clarify: do you mean the addresses prefixed with "LTCX" will never be used so are being removed from your list?
523  Alternate cryptocurrencies / Altcoin Discussion / Re: PPC Peercoin P2Pcoin price fluctuations on: October 14, 2013, 07:00:30 PM
And now its fallen around a third in value.  Any insights?
524  Alternate cryptocurrencies / Altcoin Discussion / Re: Physical Peercoins (1 troy ounce) - Gauging interest on: October 13, 2013, 04:19:53 PM
Some questions:

1. Will you be doing other denominations of your physical XPM, CGB and PPC?

2. Any chance of increasing the denominations for the first release of the physical PPC? (I would be happy to pay a bit extra to cover this).

3. If successful will you be producing more physical XPM, CGB and PPC in greater quantities after this initial batch?
525  Economy / Service Announcements / Re: Bittylicious - UK Bitcoins using Bank Transfers on: October 12, 2013, 09:21:03 PM
gigatux: If I've signed up, verified my mobile and provided proof of name and address what is the most BTC I can purchase per day?
526  Alternate cryptocurrencies / Altcoin Discussion / Re: LTC going on gox on 11 Oct 2013- Confirmed on: October 10, 2013, 04:38:55 PM
Correct me if I am wrong but isn't the MTGOX twitter account now confirmed as fake?
527  Economy / Collectibles / Re: Casascius physical bitcoins for sale – 5, 1, 0.5 & anodized Al coins for sale on: October 09, 2013, 04:47:34 PM
Running low on 5s - first come first serve.
528  Bitcoin / Development & Technical Discussion / Catchup Attack - An Attack on the Bitcoin Blockchain - Is such a thing possible? on: October 01, 2013, 05:51:22 PM
I’ve had a look around and can’t find an answer to this.

Is it possible to attack the current Bitcoin blockchain with a competing blockchain that is longer than it?

For example to attack the current blockchain within the timespan of roughly a quarter of its current lifetime you would:

    1. Work out the length of the current blockchain to be attacked.
    2. Work out the maximum hashing power of the hardware you wish to use to generate the new blockchain.
    3. Recursively divide the hashing power of the hardware by four for each difficulty adjustment the current blockchain has undergone. E.g. if you have a hashrate of  640 KHs and the blockchain has undergone 3 difficulty adjustments you would calculate 640KHs/4^3 = 10KHs.
    4. Start generating the new blockchain from the genesis block, starting with the lowest calculated hashrate. For this example 10KHs.
    5. Each time the blockchain’s mining difficulty is re-calculated the hardware then applies four times as much hashing power to solving the next 2016 blocks. The effect of this will be to generate blocks in a quarter the target time the current blockchain was generated. E.g. the first 2016 blocks will be hashed with a hashrate of 10Khs, as soon as the difficulty re-adjusts the next 2016 blocks are then hashed with a hashrate of 40KHs, then 160KHs at the next difficulty adjustment, and 640KHs at the fourth adjustment.
    6. Once a the new blockchain, longer than the current blockchain has been generated, the attacker can propagate it across the network, replacing the current blockchain.

(For simplicity I have assumed that the current blockchain does not continue to grow whilst the hardware is generating a new block chain in reality you would assume a longer generation time than that of the current blockchain if you wanted to launch an attack).

Assumptions:

    1. Blocks can be mined with an extremely low hashrate.
    2. The Bitcoin network favours the chain of the longest length. (I may be wrong here and it may infact favour the chain of the greatest average difficulty).
    3. Each network difficulty adjustment adjusts the block generation time back to the average target (10 minutes in the case of Bitcoin) and that for each adjustment there are no maximum or minimum levels by which it can be adjusted per readjustment.

Unknowns:

Could a new blockchain be generated in a similar manner to above to attack a Proof of Stake (PoS) blockchain in the following manner:

In the future, where there has been significant improvements in hashing power and assuming the network does judge blockchain preference on average difficulty of the blocks generated, could an attacker generate a new PoS blockchain from the genesis block on separate hardware, then when it exceeds the current PoS blockchain release this to the network to overwrite the current PoS blockchain?

If the PoS blockchain selection were then to rely on transaction volume to try and mitigate this for example it could still be fooled by a basic sybil attack, so a Proof of Work or PoS mechanism could be needed to mitigate this.

Can anyone clarify the above and any assumption I may have made?
529  Alternate cryptocurrencies / Altcoin Discussion / Re: Which altcoins pay interest? on: October 01, 2013, 07:37:57 AM
From what I gather from this Wikipedia article PPC has both interest payment and is inflationary, that is money held in savings has it's value eroded by the production of more PPC:

http://en.wikipedia.org/wiki/PPCoin

Can anyone clarify the specifics of these two mechanisms; I'm not able to read the PPC source code natively so need to understand this from a functional implementation perspective.
530  Alternate cryptocurrencies / Altcoin Discussion / Re: Which altcoins pay interest? on: October 01, 2013, 07:21:23 AM
So how much does Novacoin pay? Any specific sources of info you can point me at for this?

PPCoin (1%), Novacoin (some ungodly amount). Anything forked from PPCoin or Novacoin source (e.g. Bitbar, bottlecaps, etc)
531  Alternate cryptocurrencies / Altcoin Discussion / Re: Which altcoins pay interest? on: October 01, 2013, 07:17:58 AM
eMunie will, its a variable rate depending on the amount of new eMu generated by supply & demand signals in the system.

Interest is linked to inflation to ensure that current stake holdings are not diluted by more supply needed to fill demand.

Without getting into the maths, interest is always at least 1 point higher than current inflation rate and with a moderate adoption over the course of the next 2 years, should see interest rates average in the 5-6% range.

How does eMunie judge inflation? Is it done centrally or in a decentralised way?
532  Alternate cryptocurrencies / Altcoin Discussion / Which altcoins pay interest? on: September 30, 2013, 10:45:46 PM
Apart from CryptogenicBullion are there any other cryptocurrencies that pay interest on funds held:

... Moreover, the 2% annual interest is as result of the Proof of Stake (PoS)*** scheme...

533  Economy / Service Discussion / Re: Anyone else not able to withdraw BTC from MTGOX? on: September 28, 2013, 12:53:27 AM
Been over 24 hours and still no broadcast from MTGOX to the network for my transfer despite two emails to support...

Getting worried now.
534  Economy / Service Discussion / Re: Anyone else not able to withdraw BTC from MTGOX? on: September 27, 2013, 08:57:31 AM
Eight hours later and MTGOX still has not broadcast my transfer of BTC.

From MTGOX technical support:

Quote
When withdrawing or depositing bitcoins into your Mt.Gox account there may occasionally be a delay (1~24 hours) depending on network congestion, your internet connection speed and the time required to get 6 confirmations on the network

Depending on how many piers each node is connected to transaction broadcasts are almost instant (a few milliseconds) and I would definitely expect instant broadcasts from an entity the size of MTGOX with its own mining farm.

This is starting to move into the realm of deliberately giving misguiding information to customers and that worries me greatly.
535  Economy / Service Discussion / Re: Anyone else not able to withdraw BTC from MTGOX? on: September 26, 2013, 11:28:14 PM
Usually the delay is a result of mtgox needing to refill their hot wallet from cold storage, likely because so many people are withdrawing BTC right now, they're having to dust off some coins that have been in cold storage for some time.  

Again; I am withdrawing and nothing is being broadcast that can be seen by cryptsy or blockchain.info for nearly half an hour now.

I hope it is just an issue of cold storage retrieval.

Either way this is pretty bad.

https://blockchain.info/address/18qBHR26QbHyyW9PRSHFNEcZtXGyXQxCCD
536  Alternate cryptocurrencies / Altcoin Discussion / Re: Physical Cryptogenic Bullion Bars (1 troy ounce) - Gauging interest on: September 26, 2013, 06:05:08 PM
Here are a few threads of info on CGB to read up on.

Main CB thread: https://bitcointalk.org/index.php?topic=245086.0

CGB Accepted here thread: https://bitcointalk.org/index.php?topic=277621.0

Marketing campaign thread: https://bitcointalk.org/index.php?topic=285774.0

Facebook/Twitter giveaway thread: https://bitcointalk.org/index.php?topic=270271.0

Their main website can be found here: http://CryptogenicBullion.org

So what exchanges currently allow one to buy CGB?
537  Alternate cryptocurrencies / Altcoin Discussion / Re: Physical Cryptogenic Bullion Bars (1 troy ounce) - Gauging interest on: September 24, 2013, 11:37:25 PM
Oh, and FiniteByDesign can we have window or numbers printed across the holograms on the coins showing the starting characters blockchain addresses this time if possible?

Why is that an advantage? I'm not saying it isn't but I'm curious to know if there is a consensus on this...
538  Alternate cryptocurrencies / Altcoin Discussion / Re: Physical Cryptogenic Bullion Bars (1 troy ounce) - Gauging interest on: September 24, 2013, 11:36:57 PM
Oh, and FiniteByDesign can we have window or numbers printed across the holograms on the coins showing the starting characters blockchain addresses this time if possible?
539  Alternate cryptocurrencies / Altcoin Discussion / Re: Physical Cryptogenic Bullion Bars (1 troy ounce) - Gauging interest on: September 24, 2013, 11:28:38 PM
I'd be potentially interested, still trying to find a good source of info on the specific advantages of CGB. Can anyone point me at a link?
540  Other / Archival / Re: closed on: September 24, 2013, 11:19:52 PM
Are there any plans to add Cryptogenic Bullion to Vircurex?
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