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Very nice. You guys have a chance to become an established exchange too before it's too late if you're interested.
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Proponents continue to state that Bitcoin can simply "evolve" to incorporate any new good ideas coming down the pike. However, any substantial change to Bitcoin or any other cryptocurrency requires a hard fork, which is functionally equivalent to creating a new cryptocurrency form scratch and convincing holders of the old units to swap them out for new ones. The essential inflexibility of cryptocurrencies (which is what makes them tamper-resistant) inevitably leads to this. At the time of a hard fork, the new system starts from zero, and the alts out there have already been established for some time; so it is by no means clear how it would play out.
That's what I don't understand and what would be essential to know: What, in that regards, would be a "substantial change"? Anything that requires a fork If that was a serious reply: You are answering my question by refering back to the original question. What requires a fork? (And please don't tell me it's "any substantial change"...) A substantial change. Lol it's hard to explain. Basically anything that is hard coded like block reward, number of coins, etc. There's no exact list and people come up with new things every day. But luckily many haven't needed a fork. It's crazy how flexible it is. Adding p2sh didn't need one. There's only a few hard coded rules that run the network. |
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Legal tender simply means you can pay taxes with it.
It also means that retailers will be less likely to adopt bitcoin since it's not legal tender. Nah because we're now at the point where it's a marketing stunt. Not only is it free, there's no chargebacks. |
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No but the owners should release a weekly sql dump for transparency.
Good idea! But, how can I access SQL dump offline? A custom app can query it. They have Wikipedia apps llike that. Can you teach me in detail to access offline? No because we don't have a dump. |
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Step 0b. Now take that passphrase and sha512 it 100 times!
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Legal tender simply means you can pay taxes with it.
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So, I know the Armory developers are working on Trezor integration, etc. But I was wondering if stealth addresses and CoinJoin via the Armory client are in any sort of planning stage? Rather than doing these things manually, which is a hassle, it would be nice if it was EZ button type of implementation.
Appreciate all the hard work on Armory!
Coinjoin requires networking code which they avoid. |
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No but the owners should release a weekly sql dump for transparency.
Good idea! But, how can I access SQL dump offline? A custom app can query it. They have Wikipedia apps llike that. |
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Proponents continue to state that Bitcoin can simply "evolve" to incorporate any new good ideas coming down the pike. However, any substantial change to Bitcoin or any other cryptocurrency requires a hard fork, which is functionally equivalent to creating a new cryptocurrency form scratch and convincing holders of the old units to swap them out for new ones. The essential inflexibility of cryptocurrencies (which is what makes them tamper-resistant) inevitably leads to this. At the time of a hard fork, the new system starts from zero, and the alts out there have already been established for some time; so it is by no means clear how it would play out.
That's what I don't understand and what would be essential to know: What, in that regards, would be a "substantial change"? Anything that requires a fork |
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He was just giving out part of his affiliate income on their own forums, pretty screwed up
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No but the owners should release a weekly sql dump for transparency.
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Nice but you're about to get yelled at for not accepting Bitcoin.
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Nah I don't think they see usd as legal tender either.
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Ok, This is embarrassing to ask but since I'm not seeing anyone else ask I'm just gonna. I'm afraid that if I upgrade I will lose my wallet addresses. That's why I've never upgraded Bitcoin-QT, I'm still running version 0.8.3. Am I just being unreasonable, or should I back up first? I've got a Mac.
Lol no But you better be encrypted and backed up anyway. You really need to be updated. Policies change. And an older one almost forked us. |
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Can anyone clarify for me:
How does the FBI have access to the bitcoins? They have unencrypted wallet.dat file or they know the password?
I read all the time about how bitcoins can't be seized... so what happened in the case of DPR's bitcoins?
They arrested him with the laptop open and got the private keys. Pretty sure they compromised the server too. If he was smart, he would have used a brain wallet. One of the few recommended reasons. He's an even bigger idiot then if this is what happened. I think the NSA cracked his personal stash or got the passwords one way or another, not 100% though. Yeah he was in a library chillin on his laptop. He obviously had delusions of grandeur and other mental problems. The kind of money he was earning must've gone to his head. I bet being DPR would’ve been a bit of a rush. That kinda money obviously did go to his head when he's hiring people to whack users who become a possible threat to his business empire. And I think a bit of a rush would be an understatement. The levels of smug he must've achieved would be staggering. Not so much when he got caught though  . Wrong causation vs correlation. He built silk road because he was crazy, the silk road didn't make him crazy. |
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I can't believe we made it this far. Shit was scary when mt gox got their bank accounts seized. Now we are officially legitimate. When the fbi sells the coins, it's sealed. Because they can't say thanks for the money, now theyre illegal. Phase II is now, not price stability, but a solid price floor. I cant wait until the price is impossible to move below $1000. At that point Bitcoin is officially successful and nothing can ever stop it. Getting replaced? Never. Look at ipv6, its 2014 and its at 0. ThIs forum doesn't even support it and we have amazing coders here. As Andreas said, "it's good enough." Phase III is love. http://en.m.wikipedia.org/wiki/Maslow's_hierarchy_of_needs |
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does anyone know what proportion of trade on silk road was for legal goods? i'd feel a bit annoyed if the feds had the money i'd put on there to buy a lovely painting for my grandma, caveat emptor regardless.
Yeah and I was trying to buy a lava lamp |
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Can anyone clarify for me:
How does the FBI have access to the bitcoins? They have unencrypted wallet.dat file or they know the password?
I read all the time about how bitcoins can't be seized... so what happened in the case of DPR's bitcoins?
They arrested him with the laptop open and got the private keys. Pretty sure they compromised the server too. If he was smart, he would have used a brain wallet. One of the few recommended reasons. He's an even bigger idiot then if this is what happened. I think the NSA cracked his personal stash or got the passwords one way or another, not 100% though. Yeah he was in a library chillin on his laptop. He obviously had delusions of grandeur and other mental problems. |
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Then prove your holdings publicly with signed messages.
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