Bitcoin Forum
June 25, 2024, 01:24:52 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 [29] 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 ... 299 »
561  Other / Meta / Re: PARTIAL ANSWER TO THE SIGNATURE SPAM PROBLEM !!! on: May 04, 2017, 10:08:49 AM
My thread was moved to meta.

It appears that I can no longer moderate the thread.

It appears that moderated threads are not allowed in meta.

So that is counterproductive to the whole idea.

And, I have no choice but to lock the thread because of spammers.

This is why we cannot have nice things.
562  Bitcoin / Bitcoin Discussion / Re: Save the Chain! Whale puts $500,000 Bounty up for grabs to miners on: May 04, 2017, 09:42:53 AM
My understanding of this is that the miners could reject both BU and segwit and still get the reward, right?

They could rally together and propose a new version of the software with just the one single change of raising the block size to say 2MB, rally nodes to accept just that one change, then mine the reward.

It is a hard fork, correct?
563  Economy / Web Wallets / Re: A transaction has stuck for around 6 hours on: May 03, 2017, 09:13:09 PM
Thanks - I wasnt sure if it was safe to share it which is why I didnt put it in my original post, the code is:

6beffbb9b26ce377b32fa6507e41d66531bc1cf5d42b408156b09371625db09b

https://blockchain.info/tx/6beffbb9b26ce377b32fa6507e41d66531bc1cf5d42b408156b09371625db09b

You paid 120.462 sat/B

Current fees needed found here:

https://bitcoinfees.21.co/

The fastest and cheapest transaction fee is currently 240 satoshis/byte, shown in green at the top.
For the median transaction size of 226 bytes, this results in a fee of 54,240 satoshis.

It should go through eventually (0-1260 minutes) with the fee you paid if you just wait it out.  

Or, you can try to put your transaction into a transaction accelerator to try and speed it up.
564  Economy / Web Wallets / Re: A transaction has stuck for around 6 hours on: May 03, 2017, 09:04:19 PM
I use a blockchain wallet and I have a transaction which has not been see yet. I have used bitcoin off and on for a long time but only have a simple understanding of how they work.

Is it just a case of waiting and waiting? Would there come a time when you would think I should worry?
Post the transaction ID here so we can help you.
565  Other / Meta / Re: PARTIAL ANSWER TO THE SIGNATURE SPAM PROBLEM !!! on: May 03, 2017, 03:21:43 PM
To "help" clean it up would imply that someone is actually cleaning it up already. Small hint: There is almost no actual moderation of spam since BadBear left besides some extreme cases (or generic spam bots/copy-paste bots).

Sad to hear. 

OK, I will just do what I can to make my own personal experience here better.  For me that is to do my own moderated threads on subjects I care about.  This thread is a great example.  Clean, easy to read, not choked by spammers.  Here is another perfect example:

https://bitcointalk.org/index.php?topic=1895455.0;all

The thread where we originally tried to discuss this became unbearable:

https://bitcointalk.org/index.php?topic=1891830.0;all

And this is nowhere even close to the worst thread where I have tried to participate.
566  Other / Meta / Re: THE ANSWER TO THE SIGNATURE SPAM PROBLEM !!! on: May 03, 2017, 02:59:29 PM
I have one self moderated thread and I try to keep it as clean as possible, however it may be painful at times.
Agreed, there is extra effort involved.  I plan to take on a few threads that interest me and see how it goes.

Did you forget to mention ,'Start your Own forum' and Voilą  you never have to log onto bitcointalk ever again ? That seems like the most feasible solution if you only wanted to converse with 'like minded signature hating individuals'.

On a serious note : Concerned people are taking steps to reduce the forum spam. Lauda,Lutpin,(SMAS) to mention a few.
I have been here a long time.  I do not want to abandon this place - I want to help clean it up.  It is tempting though:  sell my account and leave.  I have the same quandary with respect to the United States.  I was born here and have spent a lot of time here however after my run in with the whole policing for profit "justice" system our family has often contemplated just leaving.  Instead, we all actively speak out against the abuses of power and, it appears, some progress is being slowly made (I have three talks scheduled this month).

I agree Lauda and Lutpin are doing excellent job,you can do your share by reporting spam post,I don't trust moderated threads especially in the altcoin announcement,this is a sign that dev do not want to be transparent and will only answer questions that are easy and will not question the legitimacy of their project,it's one of the sign I'm looking for if the dev is running a good project.
I have started to report spammers when I see them.  I do not know if they get banned.  Do they?  Perm banning accounts for spamming is a great idea.  Maybe people who pay a pretty penny for a Hero account will be more careful to read threads and contribute if they fear losing their investment to a perm ban.

I understand the pitfalls of moderated threads.  Obviously some thread will need to remain un-moderated as you suggest.

You know damn well most of the threads here are started by shitposting shiteaters who could care less about deleting anybody else's posts.  In fact, these people start stupid threads just so their alts can pile in and shitpost.
I do not care about stupid threads started for the whole purpose of account mining.  I do not read those threads.  However, every once in a while, someone asks a legitimate question and we try to have a legitimate conversation and here come the spammers to pollute a perfectly good thread.  It is those threads that, from now on, I will moderate.  The spammers can have their circle jerk threads.  Do not care.
567  Bitcoin / Bitcoin Discussion / Re: BCU or Bitcoin Unlimited for sale at Bitfinex on: May 03, 2017, 02:30:39 PM
Seems many people here didn't really understand what the Bitfinex BCC/BCU game is about. If you put your bitcoins there you will get the same amount of BCC plus the same amount of BCU. You can then immediately sell all those BCU for BTC, right now the price is 18%, and withdraw them. You will have to keep all your BCC there and on December 31 you will get your bitcoins back for them, 1:1. So you get all your bitcoins back plus an extra 18%. And this is regardless whether the fork will or will not happen.
So are you telling that they are using to fund their site in the event of the hack by providing another token,it is not a fair process and is there anything in the terms of service that says that if and when the exchange looses money they will compensate by providing an alternative,what ever it is i am not a fan of the exchange.
Having gone through the Mt. Gox and the Bitfinex issues I can tell you from experience that the Bitfinex way is much better.

Mt. Gox:  Bankrupt, loose all your money and never get it back.  If there is any value there it will be eaten up by the sharks/lawyers.

Bitfinex:  Get tokens to represent the value of your prorated share of what was taken, eventually get the value of all your BTC at the time of the hack.

Sure, I lost the appreciation on my BTC from the time of the hack until I got my money back.  Am I happy about it?  No.  Am I pissed they were hacked?  Yes.  However I am much happier with how they handled it than what happened in the Mt. Gox case.  I would much rather have something rather than nothing.

If you would rather the company file for bankruptcy and you lose everything after a hack then use another exchange with that policy. 
568  Other / Meta / Re: THE ANSWER TO THE SIGNATURE SPAM PROBLEM !!! on: May 03, 2017, 10:03:10 AM
Wala!  Bitcointalk becomes a useful, clean, happy place once again.
Been studying your French again I see. 
Thanks.  Fixed.  See everyone, that was a constructive post so it gets to stay.
569  Other / Meta / PARTIAL ANSWER TO THE SIGNATURE SPAM PROBLEM !!! on: May 03, 2017, 09:57:13 AM
The answer is very simple, from now on:

Only start moderated threads
Only converse in moderated threads
Simply delete all signature spam posts
Eventually all the signature spammers will die off
Eventually the entire market for farmed accounts will die off
We can still have signatures
But we will not have to put up with people that do not read the thread

Voilą!  Bitcointalk becomes a useful, clean, happy place once again.
570  Bitcoin / Development & Technical Discussion / Re: The case for moving from a 160 bit to a 256 bit Bitcoin address on: May 03, 2017, 09:46:50 AM
Greg, you said:

this thread has a lot of hot air,  segwit p2wsh uses 256-bit hashes, and there is a 256bit address format proposed.

Is the thread over now?

So, assuming this proposal was adopted then you could choose to use a 256 bit hash on a contract and therefore increase the security to 128 bits.  It seems to me that this would be wise for a high dollar contract and would make it incredibly difficult to carry out the attach that has been brought up in this conversation.  Correct?

Also, It looks like the new 256 bit hash format is part of the current segwit proposal, correct?
571  Bitcoin / Legal / Re: Paying TAX on: May 03, 2017, 09:27:14 AM
In the US:

Mining income is taxed as ordinary income at the price on the day and at the time you mine the coins.

Profit/Loss while trading is taxed as a capital gain or loss.

I have paid the income tax on all the coins I have mined and the capital gains tax on all of my trading.

by your words it seems that you need to pay whatever you are going toe xchange your coins or not?
this seems absurd, i was under the impression that as long you don't exchange you don't need to claim your capital, at best you need to declare the consumption, which in fact was payed with fiat
but if i pay in bitcoin my bills i should be fine with no tax, as long as i keep everything in bitcoin, with altcoin would even be more worse...

If people had to pay taxes only when you exchange your goods (or bitcoins) for fiat, then most people will find ways to avoid taxes. Just stick to barter transactions, and you have to pay absolutely no taxes!
I hope that clarifies why you have to pay taxes if mining is profitable, whether you sell the bitcoins or not.
In the US even barter transactions are taxable.  However I expect most people do not fill out the form used to report taxes on barter transactions.  Also it is very difficult to calculate the tax.  If I give you one of my apples for one of your oranges then how much tax to we each owe?

The answer to the above question about mining income is yes, if your mining was profitable then you are required to pay tax on the profit even if you keep every single Bitcoin you make from mining and do not spend a single satoshi

By IRS rules you would need to do the following:

  • Keep a ledger showing every transaction that delivers mined Bitcoins to you.
  • Note the date, the amount of Bitcoins you receive and the price of Bitcoins on that date (use can use the average price over 24 hours).
  • At the end of the year you add up all of the USD you would have received if you had immediately sold all of the mined Bitcoins as soon as you had received them (even though you did not spend a single one).
  • That is our income from mining for the year
  • You can now deduct your expenses
  • You can deduct the cost of the electricity used to produce the Bitcoins, of if you live in your mother's basement and did not pay for the electricity then you have no electricity cost to deduct
  • You did buy the Bitcoin mining equipment so you can deduct the allowed depreciation value of the equipment (using section 179 you can deduct the entire cost of the equipment the first year but then you have nothing to deduct for all the income you get in any subsequent years)

When you go to spend the Bitcoins you mined or exchange them for USD then the cost basis for your capital gains tax on the coins is the amount you claimed as income in the above process for each lot of coins mined.
572  Bitcoin / Development & Technical Discussion / Re: The case for moving from a 160 bit to a 256 bit Bitcoin address on: May 02, 2017, 09:42:05 PM
Basic pseudo code implementation of algorithm to find hash collisions:

Quote
32 byte variable pri1;
32 byte variable pri2;
32 byte variable pubx;
32 byte variable puby;
20 byte variable hash;
boolean variable collided;

do {

   GenerateRandomPrivKey( &pri1 );
   CalculatePubKeyFromPriv( pri1, &pubx, &puby );
   CalculateHashOfPubKey( pubx, puby, &hash );

   collided = CheckForHitAndInsertIntoHashTable( hash, pri1 );

} while ( !collided );

pri2 = GetFromHashTable( hash );

output pri1 " and " pri2 " both hash to " hash

Everything here is easy except the storage of the previous results into the hash table.  Ideally for speed the hash table would contain space for 2160 private keys.

That is 2165 bytes!  Not possible.  The largest unit of data we even have today is the yottabyte (280 bytes) and it would take 285 of those to store that much data.

So, even though the loop would need to be run "only" about 283 (280 if you are lucky) times you would still need to store and search through all the previous results in order to detect the first collision due to the birthday problem/paradox described in the OP.
573  Bitcoin / Press / Re: [2017-05-02]Trump Press Secretary Sean Spicer Tweets Out a Bitcoin String on: May 02, 2017, 07:01:16 PM
It seems to me that the press exaggerates the events. In fact, nothing important has happened. Little whether that was the code. Can be randomly typed
Of course they exaggerated it.  They exaggerate everything.  That is their purpose in life, their entire existence: click bait.
574  Bitcoin / Development & Technical Discussion / Re: The case for moving from a 160 bit to a 256 bit Bitcoin address on: May 02, 2017, 06:34:09 PM
Danny,  did you read the OP describing the collision rate calculation?  I was about to pen the algorithm that would be needed.  Will do so soon.
575  Other / Meta / Re: Someone hacked into bitcointalk.org and got email addresses on: May 02, 2017, 04:10:36 PM
What about Mt. Gox?  I see you used it.  Did you use the email address there also?  That is likely.  Also, yes, this web site was hacked a long time ago and all the email addresses were taken.  So yes, that was a phishing email.   Obviously do not open the attachment.
576  Bitcoin / Press / Re: [2017-05-02]Trump Press Secretary Sean Spicer Tweets Out a Bitcoin String on: May 02, 2017, 03:24:57 PM
What the hell is a " identity confirmation code " ? ..... It cannot be a transaction ID.  Huh

The guy could have send someone his passphrase for a Bitcoin address & private key pair, because it looks like some password. Who will know,

and when they figure it out.. it would have been worthless information, because the coins would have been spend already... or transferred.  Wink

The other information could have been send via another platform.. email / phone / social media.  Tongue


Read this:

https://medium.com/@jimmysong/no-sean-spicer-didnt-make-some-secret-bitcoin-transaction-94b4851844b5

It explains it pretty well.

Also, the whole thing about Spicy Spicer knowing about Bitcoins is probably totally false.
577  Bitcoin / Press / Re: [2017-05-02]Trump Press Secretary Sean Spicer Tweets Out a Bitcoin String on: May 02, 2017, 02:47:00 PM
Looks like this may not be true:

https://medium.com/@jimmysong/no-sean-spicer-didnt-make-some-secret-bitcoin-transaction-94b4851844b5
578  Bitcoin / Development & Technical Discussion / Re: The case for moving from a 160 bit to a 256 bit Bitcoin address on: May 02, 2017, 02:31:59 PM

So here is the interesting attack:  You give me your pubkey, and then I create my pubkey for a 2-of-2 (or some other more elaborate contract), and then we pay to the resulting address.

Oops.  In the background I did ~2^80 work and found a colliding address which didn't have the same policy, and I use it to steal the funds.

2^80 is a lot of work, but it isn't enough to be considered secure by current standards.

Forgive me, but I still don't quite get that. Where does the transaction with a different policy come from? If you only find two colliding addresses yourself, how can you use it for a contract that steals someone else's fund?

Could someone elaborate on this attack?

Besides, doesn't that require you to create 2^80 "proper" addresses. Thus 2^80 times keypair creation plus double hashing?


Did you see the final paragraph in this post?

https://bitcointalk.org/index.php?topic=1895455.msg18832108#msg18832108
579  Bitcoin / Bitcoin Discussion / Re: How much maximum BTC can be sent in a single transaction? on: May 02, 2017, 12:37:24 PM
There is no limit in sending bitcoin. We can do various kinds of transactions in accordance with our wishes.
Bitcoin gives you something like this. We are free to do anything, compare try with other media that have many limitations.

This is what I believe that there is no limit, if you have that kind of bitcoin now. But for me, I will divide it to smaller btc so that whenever there is a problem I still have bitcoins left I am afraid because of that double spend issues I read here Wink
I know you will probably not be back because you are a damn signature spammer but what the heck are you talking about?  What double spend issue?  Where did you read it?  I think you are full of shit.
580  Bitcoin / Legal / Re: do i have to pay tax on bitcoins ? on: May 02, 2017, 12:27:57 PM
There is no tax in bitcoin only the fee for transaction that you should pay for every transaction..  but there is online wallet site that you dont need to pay for fees for every transaction like coinbase.

what site is that ? i would like to know., thanks
I think what they are saying is that if you have your Bitcoins in a deposit account - you do not have the private keys and you have lent your bitcoins to the web site - and you send them to someone who is also a deposit account holder at the same site, then there would be no transaction fee.  This is because the web site owns all the bitcoins you have on deposit there and they can just move them to someone else's account without doing an actual transaction on the block chain.  They just do a database change that deducts the bitcoins from your account and puts them in the other person's account.

There would be no transaction fee since there is no actual Bitcoin transaction on the block chain.

However, you do not own the Bitcoins and you do not control the private key when you have lent your Bitcoins to a "bank" like this.

Coinbase is an example of a deposit account rather than a Bitcoin wallet.

The part that says there is no tax is total bullshit (in the US).
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 [29] 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 ... 299 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!