Very pleased to finally meet you!
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This is what I did: 1) Downloaded the clam client. It was taking forever so I downloaded the block chain snapshots. This took a few days. 2) Emptied out my Bitcoin wallet (transferred all the coins to my Trezor hardware wallet). 3) Imported my Bitcoin wallet into my Clam wallet. 4) Got a few clams because some of the addresses in my Bitcoin wallet had value on the distribution date. Pretty easy. There is a lot of information about this if you just search for it. Try Google. That is the search engine I use. why only on that particular day there is a reason behind this?
Because it is by far the fairest and most efficient way to create an initial distribution of coins. If you have an idea for a better way you can, of course, create your own coin using your method.
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If the fork does not happend, those who have BCU, these BCU could not become BTC?
Supose you buy 10 BCU, after december 31st, if the fork doesn't happend, these 10 BCU may become 10 BTC?
If the fork does not happen the price of BCU will go to zero. Buying BCU is a way for you to bet the fork WILL happen. If you bet on a horse to win and the horse does not win then you lose your bet. Same thing here. Only buy BCU if you think the fork will happen (or you think you can dump them for a profit on some other sucker that thinks the fork will happen).
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... If it happens then you can come back here and tell me I was wrong. ...
Don't wait for it. If 21m is lifted (by adding more fixed block subsidies etc) I'll likely quit Bitcoin altogether (incl this forum) and jump on to something else. ...If it never happens I will come back here and tell you that you were wrong. I never said it will happen, just pointing out the possibility. ps. Where do you stand on concept of 'millisatoshis' (aka adding 3 more decimals to increase divisibility) discussed a bit here? It's essentially lifting the hard cap by x1000 of base units (satoshis) and redefining the number of base units per 1 bitcoin. Still a "Bitcoin" or an altcoin? Raising the cap on the total number of Bitcoins (changing the halving schedule, etc.) will never happen. However increasing the resolution has a slightly better chance of happening. It really does not change the total number of Bitcoins and can probably be agreed to at some point. I do not consider the resolution to be a fundamental parameter. The technical issues of changing the resolution would be tricky.
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... The 2nd part of your post is just defining exactly what is practically impossible.
How so? Imagine you had 10%-20% of individual users against lifting 21m cap and all the rest (including all miners and exchanges) in favour of it. The cap gets lifted. You could shout "it's not a real Bitcoin" all day long, but it wouldn't change anything. My point is that will never happen. Never. So I do not need to imagine it or discuss it - that is a waste of time. If it happens then you can come back here and tell me I was wrong. If it never happens I will come back here and tell you that you were wrong. It will never happen.
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practically impossible
= impossible As I said. Yup, impossible if you wanted to do it the right way. Possible when done as per 2nd part of my post. The 2nd part of your post is just defining exactly what is practically impossible.
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practically impossible
= impossible As I said.
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People who come into your house are not looking for your bitcoin wallet I promise you.
Unless they are homeland security agents looking for money to run their operations.
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Go back and read this entire thread I moderated a while back: https://bitcointalk.org/index.php?topic=352734.0After you read and understand it I think it will answer your questions. Note: You can replace the change described in the thread (changing the block reward) with any other fundamental change (block size for example) and the same scenario will happen. Thus the great "forking" debate over BU, Segwit, etc. Notice that back when I moderated the thread most people said "fantasy" etc. but now people are actually proposing to fork Bitcoin into BTCA and BTCB just as described in the thread, but based on block size rather than block reward. Also note that the scenario you propose is more like a fork where 99.9999% are BTCB and 0.0001% are BTCA. Please carefully read that thread.
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So nakisama can remove the negative feedback and then delete this thread, or at least lock it.
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I heard Trezor is one of the best hardware wallets out there, also the first one to be released. There's also Ledger and KeepKey. Anyone aware of any good comparison about the different brands/models?
https://bitcointalk.org/index.php?topic=899253.0
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I've never been able to claim CLAMS from old BTC addresses, is there a specific way to do it?
Synced the whole blockchain then pointed to a local BTC wallet.dat file but no luck (with the Windows and Mac Desktop Wallet).
Is there another way to claim CLAMS from old BTC addresses? Any guide anywhere?
Or is this now over and cannot claim anymore?
You have been around long enough to have addresses at that time: September 02, 2013, 03:29:18 AM My issue was that when the distribution happened (May 12, 2014), unfortunately I had just finished consolidating all of my BTC onto paper wallet cold storage. So I only got the CLAMs from those dozen of so cold storage addresses that I had in use on that day. It was shortly after that day that my first Trezor arrived and I started to transfer everything to my Trezor. So none of my Trezor addresses are good.
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You are correct. Anyone can take the Bitcoin code and change it. Many have. This creates an alt coin. The coin cap is a fundamental parameter. Changing it would just create another alt. The coin cap parameter can be changed but coins created under the changed protocol are not Bitcoins. The inability to change fundamental parameters of the Bitcoin protocol without creating an alt coin is what makes Bitcoin the powerful protocol we all know and love.
What I always wondered is.. say you took the code and only changed 21.000.000 to be the maximum amount of coins that will ever exist to 21.000.001 and let everything else unchanged.... Would the coin still be called Bitcoin and function exactly like it, and generare the same kind of addresses and private keys? I am not a programmer so I never studied about altcoins creation process. Hypothetically if we had finished off the 21 million coin production (in about 2140) and then someone came along and changed their code to add one more Bitcoin then that one more Bitcoin would be rejected by the rest of the network. It would go nowhere - it would be invalid. It would be like if you spent some Bitcoins (transferred them to someone else) and they tried to spend the same coins again. This second spend would be rejected by every node as invalid and would go nowhere.
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You are correct. Anyone can take the Bitcoin code and change it. Many have. This creates an alt coin. The coin cap is a fundamental parameter. Changing it would just create another alt. The coin cap parameter can be changed but coins created under the changed protocol are not Bitcoins. The inability to change fundamental parameters of the Bitcoin protocol without creating an alt coin is what makes Bitcoin the powerful protocol we all know and love.
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Why does this coin sync at 100 block/day or something silly like that? Is there a fix?
What do you mean? The blocks should average out at about 1 per minute, or 1440 per day. I'm referring to syncing a new node I started syncing in early April and it literally took weeks, though it does seem to have finally completed. That was designed in. It's considered sunch costs. When I started it was taking forever. I calculated that it would take weeks to finish. So, I did some research and found the snapshot repository that dooglus created. Once I imported the snapshots it did not take that long to finish the sync (a few days).
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So I got my first block reward today and it split in two. Above you implied there is a split setting? Is the default 10? Can it be changed? Why do this? From what I understand all of the clams from an address are staked so what is the advantage of splitting the transaction into two in the same address? In this case won't all the clams from the split address get staked next time around? See: http://www.khashier.com/t/8dpbChb1u8PS: still cannot quote any posts in this specific thread, including those from dooglus or SuperClam. I tried to search this thread for the word "split" so I could read previous posts on this transaction splitting issue and got: The topic or board you are looking for appears to be either missing or off limits to you. Which got me to thinking... So for future reference for everyone: Yep, this board was checked in "Ignore Boards Preferences" in my profile, changed that, fixed issues with searching and quoting this thread. PPS: Now that I can search I found this explanation of the splitting process: https://bitcointalk.org/index.php?topic=623147.msg15807148#msg15807148
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yes, he offered to help me out on this first transaction.
I paid him already, 2 days ago and also provided him with my bitcoin address, checking on blockchain website my bitcoin address still shows:
No. Transactions 0 Total Received 0 BTC Final Balance 0 BTC
does not look good for sure
hey you didnt pay me anything ok who you are talking about please explain Correct, he is not accusing you of anything. He was dealing with someone else.
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payment was done by me 2 days ago
Who did you pay? What is their username?
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Excuse me guys . I just wanted to take s discussing what bitcoin this as we know bitcoin only made +- 22 million. whether this will be incremented bitcoin? do you guys who love the bitcoin have plans to develop or increase the number of supply bitcoin. I just want to know how the senior respond ?
No, the total supply of Bitcoins is capped at slightly less than 21 million by design. If that parameter were to be changed then it would create a new alt coin and it would not be Bitcoin by definition. The 21 million cap will never be changed.
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