Party time?  |
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The core devs already has contact details for pools, bitcoin businesses, etc.
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TL;DR: I will use a WYSIWYG tool to apply content on my templates I purchased from themeforest.
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Yeah, like BitFunder trading doesn't need to be frozen.
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There is another 10+ hidden genetic flaws either in the C++ code itself or in one of the underlying libraries.
Imagine that next time instead of a fork split that can be healed, we end up leaking private key information through some side channel because of some bug in SSL libraries and the leakage gets embedded in the blockchain somehow ?
Such leakage cannot be repaired ... that will NOT be fixable and will simply lead to loss of confidence and extinction.
There's hundreds of deadly scenarios you can imagine here ...
Is anybody in the blessed circle of C++ magicians listening to this ?
Bitcoin Foundation, is there any plan to extract the spec ?
SOMEHOW? Private keys? They're all on your client and are never transferred anywhere else. |
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Today will go down in history as the day when Bitcoin nearly died, and its fate depended on BTC-Guild staying online. Stop and think for a minute. What are you doing here? Why are you here, really?
No, it won't. If no action were taken people will just need to upgrade to 0.8. |
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If they had upgraded to use LevelDB like 0.8 then the same event would have happened if Litecoin had more users. Only worse.
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So are you willing to give your id, etc?
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Will this mess cause the difficulty to increase less the next time it changes? Or will it not have an affect (or only a marginal one)?
It should cause it to rise by less. It will also mean next difficulty change will take longer to reach - so more blocks mined at the current difficulty. To that limited extent it helps ASICMINER - but that's offset if BTCguild were previously mining on the v0.8, as all work done on the (soon to be) orphaned part of the chain will be lost. Depends a bit on the pool's policy for paying for orphaned blocks as well. FYI: BTC Guild pays orphaned blocks on PPS (by definition, PPS pays orphaned blocks). We also pay for them on PPLNS, so this fork event hasn't had any affect on ASICMINER earnings passed through from BTC Guild. Which is why it's not a bad idea to mine on a pool after all  |
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So just to be clear, the only lost coins were those mined using 0.8 since the fork?
Only if you used a pool with instant withdraw. Some possible double spends too. |
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Yup, difficulty does not change instantly, it changes about once every 2 weeks.
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You're not going to get a loan here unless you have more than 3 BTC as collateral.
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Looks like BTC Guild is fully downgraded to .7 now.
So actually ASICMINER is now helping ... to SAVE BITCOIN! hurray! Mine faster fellow 0.7 miners, we can fix this mess together! Yup, except the hashpower dropped significantly recently. |
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Sounds like all the trading stops are causing the price drop (more than what would have happened if everything was calm). This isn't the end of bitcoin.
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I'm currently buying Bitcoins with PayPal at a 4% premium. Send me a PM. I run the btcinvest asset that does manages more than 300 BTC, and I've made tons of PPUSD trades.
You pay paypal fees, I send as gift.
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when can we expect it to be back up?
whats going on? DOS?
DDoS on MPEx web proxies by a very determined attacker. MPEx is always up, just go on IRC. |
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Regarding the pools i still think they are a bigger risk. Of course the hashingpower is temporarily given. But thats enough to combine the hashingpower and make an attack. The miners wont notice that you use the hashingpower to make a for.
You wouldnt be able to attack constantly anyway so it doesnt matter when the poolminers are taking away their power after the attack. Because an attack only can work once. After that its noticed and the accounts are closed where the btc should be sold or similar. The same goes for a single person with asics. Bitcoin foundation would simply change the algo and the asics are useless. So i still think that pools are the easier way to attack. Simply create or buy silently some pools, attract miners with a good offer and you could attack if you wish. The pool miners only would notice when it already happened.
This is true of centralized pools (like the ones ASICMiner is currently using.. why??), but decentralized pools allow the miner to do their own realtime auditing. The pool that drops certain kind of transactions? |
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2. huge hashing power to an "elit" of people will destroy BTC
(the same goes if a few people own huge BTC ammounts)
I think there are already an elite group of ppl holding huge amounts of btc.  Also, how much BTC does Satoshi hold again? A million? |
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I would just like to thank SatoshiDice for making me realize I have a severe gambling problem, even though I had only visited casinos (local indian casinos, not Vegas) a few times in my life. I would also like to thank them for the downpayment on a new house for my parents For how much?  I've had good luck on Dice over the last few weeks. After tonight I think I'm going to call it quits while I'm in the green at ~700 BTC. Would hate to lose it all back. Put 500 BTC in 50%!  YOLO Max bet isn't up to 500 on those stakes  You need to feed the pot so it is |
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MAC is legit. He's a trusted borrower on the secret ”other” site. (Don't PM me about it)
He's a trusted borrower according to a few people, but there is still the risk of him running with the coins. |
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