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6341  Alternate cryptocurrencies / Altcoin Discussion / Re: A fair and strong Bitcoin fork design exploration, "Faircoin" on: November 02, 2012, 08:31:31 PM
Think of DIablo3, WoW, EVE Online etc botfarms as CPU mining.

http://devtome.org/wiki/index.php?title=CPU_mining

Afterall with even litecoin moving to GPUs, miners still need things to keep their CPUs busy, right?

The page linked is a start at exploring such CPU mining. (You need unpredictable-path "random" stuff like scripted non player characters in multiplayer online games have to deal with in order to stay in realms where CPUs outperform GPUs...)

-MarkM-


Would that be more like PC mining (player character). The strength of the CPU would not really be an issue.

Minecraft might be more of a fit though. I think a mod has even been suggested that would allow mining for actual BTC in the game.
6342  Alternate cryptocurrencies / Altcoin Discussion / Re: A fair and strong Bitcoin fork design exploration, "Faircoin" on: November 02, 2012, 08:27:38 PM

Nah, you'd be safe.
My point: If you feel threatened by us discussing innovating the cryptocurrency concept you shouldn't make it so obvious.

OK, we're good then.

I'm not feeling threatened. My original post was more satirical. A lot of the original poster's concerns seemed to be based on some perceived need for fairness and the solutions he was suggesting either seemed to further unbalance things, damage the chances of adoption of the currency or both. The motivation seemed to be to want to get a share of the loot once all the work had been done. One might look to the story of the little red hen.

Everything about Bitcoin appears to have been done for a reason and those reasons seem to have been calculated by someone who was both a genius and had some serious experience in the field. It's not perfect for sure but it seems to me that every part of the spec is at least "in the ball park". So there really needs to be a very good reason to change any of those decisions. One does alter an aircraft and take away the front window and yoke because it's not "fair" to the passengers.

With that said, I'm up for getting into the nitty-gritty of things so let's jump on in.
6343  Alternate cryptocurrencies / Altcoin Discussion / Re: A fair and strong Bitcoin fork design exploration, "Faircoin" on: November 02, 2012, 08:16:54 PM
It's actually on the bitcoin wiki:

https://en.bitcoin.it/wiki/Units
6344  Alternate cryptocurrencies / Altcoin Discussion / Re: A fair and strong Bitcoin fork design exploration, "Faircoin" on: November 02, 2012, 08:12:35 PM

Richy_T, I encourage you to leave this thread.

I would tell you what I would encourage you to do but I don't want a ban.
6345  Alternate cryptocurrencies / Altcoin Discussion / Re: A fair and strong Bitcoin fork design exploration, "Faircoin" on: November 02, 2012, 08:11:24 PM

The central question for all cryptocurrencies long term success is if we are building a money system people can use or a money system that only 'Diablo3' players can use. If America still can't get on the metric system, you're not going to get people to wrap their heads around .00150243601BTC.


That's about 1.5 Millis or 1502 Mikes.

I think "Mike" might catch on, BTW. :-)

There's quite a good thread on it somewhere. (Can't find it right now). I think it used "Millie" for the thousandths rather than Milli
6346  Alternate cryptocurrencies / Altcoin Discussion / Re: A fair and strong Bitcoin fork design exploration, "Faircoin" on: November 02, 2012, 08:03:03 PM

The central question for all cryptocurrencies long term success is if we are building a money system people can use or a money system that only 'Diablo3' players can use. If America still can't get on the metric system, you're not going to get people to wrap their heads around .00150243601BTC.


That's about 1.5 Millis or 1502 Mikes.



When I was younger, one GBP was worth about 1000 Italian Lira. They have since tweaked that but I don't think it was a big issue (other than being a bit embarrassing for the Italians)
6347  Alternate cryptocurrencies / Altcoin Discussion / Re: A fair and strong Bitcoin fork design exploration, "Faircoin" on: November 02, 2012, 07:59:34 PM
I'd like to propose the "Really fair coin (with social justice)". At midnight GMT, all the coins are added together and evenly divided between all users. This solves the early adopter and hoarding problems and since everyone has access to cash, the rfcoin economy should be booming.
6348  Other / Beginners & Help / Re: Why do people assign value to Bitcoins? on: November 02, 2012, 05:40:09 PM

Okay, it's easier to trade Bitcoins around the world but what makes them worth trading for? Why would I want a Bitcoin over a half ounce of silver?

You may not want bitcoin over half an ounce of silver. It depends what your requirements are.
6349  Other / Politics & Society / Re: Marriage, be strict, or be out of it. on: November 02, 2012, 05:24:39 PM
Everyone has a soul mate.

That's a lie. But there's quite a few people out there you can live with without wanting to kill them Smiley
6350  Other / Politics & Society / Re: 12-Year-Old Girl Shoots Intruder During Home Invasion In Bryan County on: November 02, 2012, 03:52:31 PM
I'm just saying that if a cop had done this, he would be facing charges.

Cops are (rightly) held to higher standards than 12 year old girls alone in their home with an intruder.

In principle.
6351  Other / Politics & Society / Re: 12-Year-Old Girl Shoots Intruder During Home Invasion In Bryan County on: November 02, 2012, 03:42:59 PM
She is a child who may well have saved herself. More power to her.
I'm just saying that if a cop had done this, he would be facing charges. Here in Wisconsin I assume I would go to jail for these actions. You can stop a threat to your life, but you can't shoot through a door at a scary noise. At least I think that's correct.

In many states, once you have entered someone's home*, all bets are off. (Castle doctrine).




*as an intruder
6352  Other / Politics & Society / Re: Is Obama or Romney more likely to support Bitcoin? on: November 02, 2012, 02:12:22 PM
I have noticed that the media is being the media

Fixed that for you.
6353  Other / Politics & Society / Re: 12-Year-Old Girl Shoots Intruder During Home Invasion In Bryan County on: November 02, 2012, 02:11:38 PM
...
I was just kidding. In reality perhaps she should be charged with reckless endangerment for taking a blind shot?

Oh she put the intruder in danger by not shooting him in the open? Brilliant.
She put everyone around her in danger by shooting at what she thought was an intruder. Good thing luck was on her side.

I'm sure she had a reasonable belief that "everyone around her" was the intruder. Rather than luck that it was, it would have been extreme bad luck if it wasn't.
6354  Other / Politics & Society / Re: Why are people scared of taxes? on: November 02, 2012, 01:58:15 PM

You can choose to spend your money on insurance companies, or you can choose to spend the money on doctors, hospitals and medicine.  The latter will improve your health at a lower cost than the former.  Send the money directly where the money are needed, and don't let unnecessary people and companies take their cut on the way.

I think you had a quote-fail there. Hopefully I got it right but if not, apologies in advance.

Agreed that insurance companies are part of the problem. Not so much for their existence per se but in how they are implemented. They remove the coupling between the paying for and receiving of medical care. In the US, this is largely a holdover from government enforced wage controls where companies had to find a way to adequately compensate employees and health insurance turned out to be it. Now it's an expected part of the employment contract and no one pays directly for what they receive. It's no wonder costs are out of control really. Obamacare is just making it worse unfortunately.
6355  Other / Politics & Society / Re: Why are people scared of taxes? on: November 02, 2012, 01:51:48 PM
By failing to see the wood for the trees, it seems that Capitalist (bordering on Fascist) dogma trumps the importance of having a healthier society.

Racist communist Nazis now. Three chuckles.
6356  Other / Politics & Society / Re: Why are people scared of taxes? on: November 02, 2012, 01:49:49 PM
People are stupid, and ideological. They don't want to pay taxes because morons convince other morons that the "others" are getting more from the way taxes are spent than us "good folk". In the US it's blacks, in Canada it's natives... but it's universal. Regional tribalism I think it's called.


Haha. We're racist communists now. I guess that rates two chuckles on the chuckle scale.  Roll Eyes
6357  Other / Politics & Society / Re: 12-Year-Old Girl Shoots Intruder During Home Invasion In Bryan County on: November 02, 2012, 12:51:38 AM
I guess in theory, it could have been a cop or family friend who'd scared off the intruder and come to check she was OK. No harm, no foul in my opinion though.
6358  Other / Beginners & Help / Re: HOWTO: create a 100% secure wallet on: November 02, 2012, 12:04:29 AM
aren't sites like blockchain or instawallet secure aswell?

That's exactly the question. How much do you trust them? Even if they're "smashing chaps", that doesn't preclude them from making a mistake. Of course, you may make a mistake too so how much do you trust yourself.

The security ultimately resides in access to the private key. If only you have access to it, that's about as secure as it's possible to get.
6359  Economy / Economics / Re: Let's compare USD and BTC on: November 02, 2012, 12:01:28 AM
You can't really invest in bitcoins since bitcoins don't generate bitcoins. You can speculate and you can park funds.

You could be investing in bitcoin if the way you put money in helps to grow the bitcoin economy or make bitcoin better.

True.
6360  Economy / Economics / Re: Let's compare USD and BTC on: November 01, 2012, 09:43:36 PM
You can't really invest in bitcoins since bitcoins don't generate bitcoins. You can speculate and you can park funds.
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