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5841  Economy / Economics / Re: Defending Capitalism on: April 13, 2011, 09:56:21 PM
Somalia doesn't have anarchy, it has a failed state and chaos.  Even so, it's doing better since the state collapsed than it was under a despot.

What's the difference between a failed state and a non existing state?

In the modern world, nothing.  That is unless someone intends to settle Antartica.
5842  Other / Politics & Society / Re: "Anarchists" rioting in London on: April 13, 2011, 08:20:35 PM
And without a state (an-archy), there would be more state support of higher education?

Certainly not, but the ararchists in Europe are not true anarchists.  They are not opposed to idea of a state, just the one that exists.  Most of those that are rioting over education costs are actually socialists, because that is the kind of state that most of them think that they would want to form after the current one fails.

Honestly, the individual who advocates for anarchy as an end is a very rare creature, even in the US. 
5843  Economy / Marketplace / Re: Bitcoin farmers market... on: April 13, 2011, 08:16:09 PM
If you could visit a farmgate or roadside fruit stall and pay with bitcoins that would be a nice service.

Is anyone planning on contacting local farmers and trying to get a bitcoin food supply chain started ?

Local websites that function as the farmers' market are a great idea.  No need to get up early on Saturday to drive to a parking lot full of vendors in hopes of getting fresh tomatos before they are all gone.  A vendor could simply put up on Thursday 80% of his expected pick for Friday, to be delivered to an agreed central location at noon on Saturday.  If his pick is greater than expected, then people could still offer to buy more once they arrive.
5844  Economy / Trading Discussion / Re: omg why are drug dealers using bitcoin?!?! on: April 13, 2011, 08:10:05 PM
Seriously this totally pisses me off! Why are drug dealers using this currency which can be untraceable and unlinkable if proper security measures are taken with it?

If you could actually know this to be so, then either you are the dealer or the system doesn't work.
5845  Bitcoin / Bitcoin Discussion / Re: Mystery miner at it again? on: April 13, 2011, 08:04:40 PM
It seems we've had a sudden increase in network hashing power.  Mystery miner returns or people reacting to the rise in value of Bitcoins?

There is no way to know.
5846  Bitcoin / Bitcoin Technical Support / Re: Point to mining with 500khash/s ? Does it help or hurt the network? on: April 13, 2011, 08:01:45 PM
Are big miners really good for the community in general? Aren't they who make the difficulty for the little guy with a not so recent machine be so absurd? How would the landscape be if there weren't massive miners in the network?

Any miners are good for the community, because the point of it all is to get the maximum cryptographic security possible for the blockchain for the lowest cost possible.  These two contradictory goals result in the balance that the difficulty reflects, and therefore the difficulty always reflects the greatest amount of security that the network is collectively willing to pay for.  Big miners simply do the heavy lifting because they have found some way to gain efficiency slightly by economy of scale.  If those large miners didn't exist, the difficulty would most certainly be lower, and therefore the blockchain more suseptable to takeover by overwelming computational force.
5847  Other / Politics & Society / Re: "Anarchists" rioting in London on: April 13, 2011, 07:54:45 PM
Someone explain to me how kids rioting for cheaper education constitute "anarchists".  Does the state regulate and limit the availability of education or something?

No, the state subsidies the costs of higher education in Britain, and they were protesting austerity plans that would have reduced the state's percentage of support.  Thereby increasing the cost borne by the students. 
5848  Economy / Economics / Re: Devilish plan :) on: April 13, 2011, 07:52:29 PM

Call me crazy or not adequate to reality, but I want to believe , there are even better ways to move around. This russian scientist developed device after many years of studying insects,  which allow him to fly on ... of course he died due to his experiments with unknown matter   Cry ...


Although I agree it would be wonderful if this were real, I have to point out that we cannot see the back of his collar in the floating photo.  If I were to make a hoax website, I'd start with some obscure genius character that the Western world would not have heard of, and putting him into the former Soviet bloc is a great start.  And then photos like this, taken so that the reader's eyes are pulled away from the only part of the photo that a support cable could be seen and making certain that any such cable is not in the camera's view anyway.  Even if it were in view, such a photo could still be faked today using a few of those clear high-test fishing lines.
5849  Bitcoin / Bitcoin Technical Support / Re: Point to mining with 500khash/s ? Does it help or hurt the network? on: April 13, 2011, 07:35:51 PM

Also it might make it easier for new nodes to find connections (right now the nodes connect via an IRC channel, which is a potential single-point-of-failure).

In the case that some large organization with resources decide to try to get rid of bitcoin, they are likely to attack that point.

This is already taken care of.  The IRC channel is no longer critical for bootstrapping, as the vanilla client has a built-in list of persistent node addresses to try if it cannot reach IRC, and the network permits node discovery.  If you block IRC and try it, you will find that bootstrapping takes much longer, but it does not fail.
5850  Bitcoin / Bitcoin Technical Support / Re: Point to mining with 500khash/s ? Does it help or hurt the network? on: April 13, 2011, 07:33:07 PM
How does just leaving the client run, without generating, help the network? I don't understand how it strengthens anything if I'm not generating?

It helps in the sense that "many copies keep data safe" in the event of a direct blockchain attack, such as a virus moving across the Internet attacking Windows machines, but not Linux machines, or vis-versa.

A modified client that can be triggered to turn on generations automaticly by some defined signal might be a good modification to have.
5851  Bitcoin / Bitcoin Discussion / Re: Remove "generate bitcoins" from standard client? on: April 13, 2011, 07:27:15 PM

The alternative would be leaving miner code in the default client, and either only make it accessible through RPC, or at least rename the option in the GUI ("Verify transactions", or "Support network", or "Generate blocks", but not "Generate coins") and show a warning that it may take ages.


I'm okay with this.  I would agree that calling it "generate coins" gives the user the wrong idea.  "Support Network" or "Donate CPU Cycles" would be a better option, and it should be buried deeper into the menu and not on the main GUI screen by default.  But I do think that it should remain on the vanilla client.
5852  Bitcoin / Bitcoin Discussion / Re: Can/Will Transactions Ever Be Processed Faster Than Every 10 Minutes? on: April 13, 2011, 07:18:08 PM

Perhaps the one vote per CPU principle is wrong. 


Care to offer an alternative?
5853  Other / Politics & Society / Re: "Anarchists" rioting in London on: April 13, 2011, 07:15:39 PM
Market anarchists, like mutualist and individualist anarchists, oppose capitalism.

And you make this conclusion, how?
5854  Other / Politics & Society / Re: "Anarchists" rioting in London on: April 13, 2011, 07:14:08 PM

Ask the Indians !!!

Ask me what, exactly?  Do you think that all the native american tribes got rolled?
5855  Bitcoin / Project Development / Re: Android Bitcoin Client Bounty (1740 BTC pledged) on: April 13, 2011, 07:10:48 PM
Hello Everyone,

i just created my first Android App. It's a RPC client for bitcoind.
Any thoughts?


Didn't a remote client for Android already exist?  I thought someone had that one licked back in July.

5856  Economy / Economics / Re: Defending Capitalism on: April 13, 2011, 07:07:55 PM

What you call mob rule is what I call democracy. It's not a perfect system, but it beats every other system out there right now. Including anarchy.


Ironicly, I'm on your side in this debate.  However, I feel the need to point out that the United States is not a democracy, it's a federated republic.  That may seem like semantics, but it's not.  The framers considered democracy carefully, and intentionally rejected it as a model to be emulated; precisely because of the ills of mob rule.  As far as I know, there is no true democracy at any nation-state level anywhere in the world. In part, because it's no more scalable than communism.  Both can work very well at the size of a small town or large church, but both break down at larger member sizes.  The effective limit on any parlimentary democracy making a decision is roughly 800 voting members, and anything over 500 is in gridlock territory.

A democracy is one citizen, one vote.  The US doesn't even have a direct vote on the President's office, much less the decisions of Congress.
5857  Economy / Economics / Re: Defending Capitalism on: April 13, 2011, 06:20:06 PM

The state will vanish when people no longer see a need for it.  Once enough people realize that violence is not a good way to solve complex social problems and that voluntary solutions inevitably lead to better results, the state will disappear overnight.  The only way to accomplish that is through education and proof-of-concepts that certain functions (held in the collective zeitgeist as necessary for the government to provide) can be provided voluntarily.

I agree with this statement on principle, but this is exactly why I consider anarchy an unsustainable political condition.  Even if you could convince the majority of the people that they do not need the state, which is already true in reality; the need for the collective use of force will shortly present itself again due to the minority of sociopaths that will take advantage of the absence of a state.  Nor are the odds that an anarcy will beget a peaceful republic particularly favorable, as the vast majority of anarchies result in a more authoritarian state rising up to gain control.

Personally, I don't consider the possible gains worth the risk.  At least not until there is some place to escape towards.  And if there were, those who seek freedom would desire to move to the escape society in order to experience freedom in their own lifetimes; rather than work within their own society for the future chance at freedom.  This is why we have seen so much immigration towards Western societies over the past 30 years.
5858  Bitcoin / Bitcoin Technical Support / Re: Point to mining with 500khash/s ? Does it help or hurt the network? on: April 13, 2011, 04:43:06 AM

Beyond efficiency, volunteer mining frequently also centralizes control with pools and gives some power to people (the miners) who don't really understand Bitcoin. It moves us away from my picture of the optimal end-game: a few hundred private, competent, for-profit miners operating outside of a pool.

In the long run, it doesn't matter much how any of us here might imagine the "optimal end-game" might look like.  Reality doesn't care what we might think, but it does care about economics.  If pool mining is the most efficient way of doing things, then it is here to stay and will dominate forevermore.  But it's not the most efficient way of doing things, because pool mining must charge fees to cover group expenses as well as the risk of a fraudulent exploit of the system.  So pool mining will only appeal to those willing to lose those small amounts for non-economic reasons.  Even if pools dominate in the future, their continuing existence depends on satisfying their contributers, and so they really don't have any more control over the system than anyone else.  For as soon as the contributers get a credible report that they are being used to manipulate the network, or for any other underhanded activity, those contributers will simply stop contributing.  Some will mine alone, some will join other pools, and some will simply quit; but the power available to a pool operator will drop to zero shortly after it is misused only once.

I can't foresee myself joining any pool, ever.  Mostly because; if a malicious computer geek wanted to steal the bitcoin wallet.dat files from a lot of people all at once, how would he build up his target group?  Answer: start or steal a pool, and your target demographic will simply tell you who they are.
5859  Bitcoin / Bitcoin Discussion / Re: Transactions per block on: April 13, 2011, 04:26:49 AM
I've seen this question answered before, but I can't recall where.  What is the maximum number of transactions per block?
It's not limited by number of transactions, but by individual and collective size in kilobytes.  I can't remember the exact details, but I'm pretty sure that the total free transactions are limited to 25 KB and then fee paying transactions increase the minimum required fee to a maximum hard blocksize limit of one Mb.
Somehow, this block has 43 KB of free transactions: http://blockexplorer.com/b/118089
Then it's probably 50 KB, I know that it's not much.
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Is a limit on free transactions set in the mining client, or is it a condition of a block being valid?
I believe that the fee structure is a condition of validity, but miners are not compelled to include free transactions at all.  In a future that there are enough paying transactions to max out the total blockspace, free transactions are likely to be ignored my profit minded miners.  Although there will likely be some miners that always include free transactions on ideological grounds, there is no way to know if free transactions will continue to be processed on any reasonable timescale.

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Just some rough math to answer my own question, a 1MB block would contain roughly 3000 typical transactions.  Thus there's an upper limit on the transaction processing rate for the entire economy - I reckon that means that once the transaction rate rises over an average of 18k/hr., there will be a minimum fee for your transaction to even have a chance of being processed, and market forces will drive the minimum fee up with time.


Probably, but the 1 meg hard limit was an arbitrary rule included early on as a method to limit harm in the event of a 'transaction flood' spam-type attack.  It was never intended to remain in effect, and to my knowledge, could be removed without effect now that the transaction priority score rules and the minimum transfer fee rule are effective.  As far as I know, we have never even come close to the 1 meg hard limit anyway.   
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  (Concern over "will there be enough miners?" is pretty irrelevant, except for the matter of security, since I don't believe the number of miners can have any positive or negative impact on the actual transaction processing rate.  Correct?)

The number of miners do not affect the block rate in the long term, because the system adjusts to changes in the network's total hashing power every 2016 blocks, or about two weeks.  However, within that two week window, it is expected that increasing transaction fees during peak periods will eventually create an "elastic" processing rate by drawing in miners who are marginal with just the block reward.  The idea being that during the high transaction periods, the accumulation of fees that are seen unprocessed on the network will trigger automatic generation to try to process those fee paying transactions, and the average time between blocks will drop.  The flipside being that on the weekends, and the off periods of the major Bitcoin trading areas, will end up having an average time between blocks longer than 10 minutes to compensate.

In short, "will there be enough miners?" is not an irrelevant question, even outside of the context of security.  However, the answer is always "yes" because the ebb and flow of the transactions and their average fees will create a fast moving market that will adapt to the conditions consistently.
5860  Bitcoin / Bitcoin Discussion / Re: Transactions per block on: April 13, 2011, 12:51:20 AM
I've seen this question answered before, but I can't recall where.  What is the maximum number of transactions per block?

It's not limited by number of transactions, but by individual and collective size in kilobytes.  I can't remember the exact details, but I'm pretty sure that the total free transactions are limited to 25 KB and then fee paying transactions increase the minimum required fee to a maximum hard blocksize limit of one Mb.

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Will/can the average number of transactions per block increase with time? 


Up to the artificial scarcity limits mentioned above, yes.

Quote
(Right now it seems to be about 10 or 15.)  If so, what mechanism will cause miners to start including more transactions in their blocks?

Increasing fees attached to the transactions.

Quote

Is there a maximum amount of time any given transaction will stay unprocessed? 

No.
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