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It's fun to look back at this and think "I was a small part in making it happen..."
All the best to our daring explorer. Hopefully a safe return with no ligament injuries!
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No worries. It's been dead before and it'll die again.
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At a Minneapolis bitcoin meet up, the organizers did a manual implementation of a ledger where people were given a few dollar bills (everyone's balance known by all), called out their transactions (Bob gives Sally $2), exchanged dollar bills, and everyone recorded the transaction. The organizers then took the dollar bills away and the exercise continued.
This doesn't address the proof of work concept very well, but it shows the value of the ledger.
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Is Bitcoin really this safe with all this hacking going on?
I really need to know before I throw a ton of money towards it.
If you give someone your money and they promise to take care of it for you, then the probability of loss is very high...this is true with conventional currency too though (though the loss is born by other people, not the depositor, in most cases). Lesson 1: trust no one with your money. Lesson 2: if you must break lesson 1, make sure you only bear a tiny fraction of the burden of loss (ie, be a citizen in a country where the people insure deposits via government program or otherwise). Lesson 3: If you truly want to protect your bitcoins, it can be done but it requires work, knowledge, and skill...although less now than in years past. If you are throwing non-trivial sums into bitcoin, buy a Trezor and learn how to use it and how to back up a wallet seed securely. |
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This isn't worth talking much about. It's a foregone conclusion that the anti-spam measure called Max_block_size that was quickly added to the code without much though in the first place (other than: "yup, that'll be plenty big for a while") was destined to increase.
The newbies that disagree just don't know the history of that kludge.
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Thanks everyone for reminding me why I don't spend much time on this forum anymore. "nonprofit"
Nonprofit, yes. It's registered in Israel as an "Amuta" (עמותה רשומה). Oh well, hey now, if it's registered as derp derp that means they are definitely a "non profit" Legal registration status does not in itself indicate the core values, I'll give you that. But if you had any idea who are the people involved, and how the IBA has been handled so far financially and otherwise... You'd feel really embarrassed about your asinine insinuations. We have the same troll problem on another popular forum that I have the burden of running a small part of. Trolls are not to be taken too seriously. Just ignore and move on. |
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The results from the 2014 elections to the IBA board of directors and audit committee are in!
113 registered members of the IBA have voted, which constitute 78% of a total of 145 eligible members. The number of votes that each candidate received is:
Board of directors:
94 Meni Rosenfeld**
74 Eden Shochat**
71 Ron Gross**
63 Gitai Zakh**
52 Eli Bejerano*
31 Nimrod Lehavi*
26 Nimrod Gruber*
26 Libi Koren
21 Yakir Ratner
17 Shalom Cohen
15 Alex Cohen
15 Amos Meiri
2 Roey Gorodish
Audit committee:
81 Jonathan Rouach**
75 Ofer Rotem**
53 Amichay Peretz Klopshtock*
31 Lior Tasman*
Candidates marked with ** will now enter their roles for a two-year cadence. Candidates marked with * will enter a cadence of one year. Ties were resolved with a lottery agreed on by the parties involved.
Congratulations to the winners!
Great election turn out! Love the lotto tie breaker (presumably works better in person!) |
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It is paid beartards trying to drive the price down by scaring people. Trust your own judgement.
Well, I dont think they are paid to spread FUD. But, I think, they are frustrated due to the recent price fall. These people never had the time to read the whitepaper and thought bitcoin is a get rich quick scheme. So, they bought some coins and as the price is low for a while, they are getting hyper. I used to think no one was getting paid to troll, but while I still think it's unlikely, I'm not so sure |
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Satoshi knew pool mining was coming just like he knew gpu mining was coming. Back when I was mining with my laptop, the tiny bitcoin mining world was about to shrink to include only those willing to buy gpu's. Satoshi saw that as bad because it would mean that it would take longer for a large number of people to obtain bitcoin. There was a gentlemen's agreement to delay gpu mining.
I think coming up with a way to break blocks up so that 250 computers could mine 1/250th of a block while maintaining hash power in the network would help solve the pooling/central hashing issues.
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Are you able to split your direct deposits between bank accounts? If so you can split it 10-20%, it goes by your direct deposit.
Most likely I can't. The only option would be to rewire 20% to bitwage.co from my primary account but this would mean paying international bank transfrer fees. My employer let's us split up our paychecks by fixed amount, percentage, & remainder. |
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Make sure you have at least a nominal amount of regular FIAT money so you are not screwed in case the Bitcoin experiment goes belly-up at any point!
Even if Bitcoin drops to $1 I have another paycheck coming in 2 weeks so...no biggie. Like I said, I sell on localbitcoins to get cash so I always have some spending money. I'm definitely gonna use this service soon. Most of my income has a corresponding expense, but that will change soon once I finish training (radiology) this summer. |
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How can we be the new wealthy elite if bitcoin has the purchasing power of 1USD?
all you need is the cool aid everyone is on around here. Faith can move mountains, you know? Incentives need to stay aligned throughout the growth of the network.
incentives for what? The miners or the investors? What we have gone through was too much incentive for mining and not enough for investing. Bitcoin is not balanced enough and provides no incentive for investors because it heavily favours miners. In fact Bitcoin is just one big wealth redistribution from the investors to the miners. So now you have a lot of miners and no investors. The incentives of those who perform work to improve the system...the system for a long while incentivized status quo. |
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There's a ton of work to be done before Bitcoin can justifiably be highly valuable. When the network can service a significant fraction of the world's transaction volume, then we can talk in such lofty terms. But sitting on our hands will guarantee Bitcoin goes no where....or goes to the rubbish bin. Incentives need to stay aligned throughout the growth of the network.
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Go to armory and create a new wallet (on offline computer). Then you make a watch only copy for your armory installation running on an online computer. Then send funds from old (non-armory)wallet to armory wallet.
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RC1 uses BerkeleyDB?
It's still used for the wallet. It's not used for anything else. Ahh. Phew! |
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I could care less about college sports, but seeing the bitcoin bowl. OMG Just seeing bitpay and bitcoin everywhere it was amazing! I don't think I could have even dreamed this when I started in bitcoins. The bitpay credit credit commercial everytime it runs I just cry a bit. They show casascius coins before every other little branding thing before heading back to the game. I have to write mike and just let him know that is sick!
They have shown us the future, if it is only for 1 night, and I am not ready for it, but my seat belt is tight as hell!
Sadly I can't watch the entire game (leaving during the 4th quarter, I am not at the game), but NC state is up by a lot of points so I think they are going to win.
I find it incredible too. Tony is a smart guy. They're doing this not just for BitPay, but for all of the Bitcoin world. |
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Very clever. It'll take some practice but in my (relatively worthless)opinion, your idea seems pretty sound and practical.
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Augh, again how do i use it. I need something a btc/ltc sign that i can add to any text file like in this comment with a couple keystrokes.
@bg002h Downloaded that font too installed and again in word or anyplace else nothing.
Sorry i have never add a font before.
You can put BTC in here by typing "[" btc "]" (no quotes or spaces). As far as using a font to do so, you're out of luck. There are no bitcoin symbols in Unicode; any font anyone makes that support such symbols will need to be on the viewer's computer for it to render as intended. The tricks I pull on my site above are done by having the webpage download the font and render it in the browser. That said, there are so many things in the font to massively improve upon. It's a lot of work...but it's open source and anyone is free to give it a go. |
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Here's a screen shot of my font above...it's trickier than I thought to move an image from my phone to a web server using ftp, ssh, etc from just my phone...grrr! Here's the pic:  |
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