Interesting idea. With some of the recent crackdowns on Tor exit nodes by governments, something like this might give people a bit more incentive to run one.

I've been looking into running a Bitcoin node on the Hyperboria CJDNS network. The network currently runs on top of the Internet, but it is designed to not depend on any specific underlying network.

Of course, to do this correctly, we would need to get "bridge" nodes that connect to nodes on both the Internet and on CJDNS. Miners would need to connect to CJDNS if the Internet blacked out, but as long as there are bridge nodes between the networks, it would work without miners connected directly to the CJDNS network.

CJDNS is currently under heavy development. It's extremely interesting, very disruptive, and I highly recommend that you look into it if you're interested.

CJDNS Wiki page
Github page
CJDNS info site
Hyperboria website (the actual CJDNS network)
Project Meshnet

I've read that before. It only talks about creating a cold wallet.


I just looked at the Ebook, it doesn't really go into security aside from creating a cold wallet and using Armory.. The "New to Bitcoin?" sticky doesn't either.

Just to clarify, this guide's primary purpose is to prevent people from losing their coins, whether it's from theft, ignorance, or anything else. There are plenty of guides out there already detailing what Bitcoin is and how it works. Creating cold wallets is useful, and it should be a part of this guide, but there is MUCH more to keeping your BTC secure than just that.

With the barrier to getting started with Bitcoin becoming lower every day, we need to take into account that not all users will be as tech-savvy as early adopters. The average person is used to using credit cards or Paypal, where one has little actual responsibility over their funds. If one loses their Paypal password, they can just reset it via email. If one's credit card info is stolen, they can call the company and reverse fraudulent transactions. With Bitcoin, we are the ones in control. There is nobody who can restore your wallet if your computer catches on fire and you made no backups. If you purchase an item and the seller doesn't send it, you'd better have used an escrow service.

Sites such as WeUseCoins.org are great for getting people interested in Bitcoin and helping them attain a basic understanding, but we need to teach users about the fundamental shift in responsibility that comes with using Bitcoin, and make sure that they know what they're getting into if they decide to take the red pill.

We need to create a guide for newcomers that:

• Helps them understand how to keep their coins safe
• Teaches safe practices for backing up wallets, and how to avoid losing coins to the void
• Is easy to read and understand
• Assumes that they know as little as possible about computer security

I'm just going to list off some important stuff the guide should do for now, but I'll format this much more nicely / elaborate on specific points later.

---

1. Teach the differences between types of wallets. Perhaps include a quick overview of the differences between Blockchain.info, Multibit (or Electrum), and Bitcoin-QT.

2. Teach the advantages and disadvantages of using each type of wallet. Make sure the user understands that when they opt for more convenience, they usually sacrifice security. Elaborate on how security is extremely important when you're considering storing a significant portion of your wealth in a technology.

3. Make it absolutely clear that with Bitcoin, all responsibility lies with the user. Make sure that they understand that their coins could be lost FOREVER if they don't take the necessary precautions.

4. Teach the user the specific precautions they need to take.

---

I'll keep editing this post, so please fill this thread with suggestions to include or corrections to make!

Random thought that just hit me: considering the amount of electricity miners gobble up in a domestic environment, has anyone ever been under suspicion of running a grow-op in their home?

Had you ever mentioned Bitcoin to them before that? Either way, that's fantastic!

Check the ASICMINER thread. Everything is still going, friedcat is just waiting for Nefario to send the list of shareholders.

lol

Even if you do, couldn't you just begin paying out dividends to those who are on the list, then just hold on to the dividends for the missing shares? This way OgNasty could return to paying dividends as quickly as possible, while allowing those who didn't make the list to come back at a later date.

Of course, if we did this, there would need to be a deadline. If shareholders don't return double-payments or start their claim on GLBSE within a few months, we could vote on what to do.

Heh. Glad I sold all my Gigamining before GLBSE imploded.

I agree that the server data should be treated with extreme sensitivity obviously. The issue with one person being in control isn't as bad when asset issuers get constant updates of their shareholder lists, so that quells my concern a bit. I still think that there should be more than one person with access, but it makes perfect sense that finding such a person will take time and lots of trust.

I'm sure that all ex-GLBSE users will be extremely wary in who they use as a third-party for their investments. What will BTCTC do to ensure that it will not end up like GLBSE?

Will you make it easy for asset issuers to get a copy of their shareholder lists?

Do multiple trusted parties have administrative access to BTCTC's servers, so that we're not ever stuck trusting a single person with all of our assets and bitcoins?

If you're going to handle paying dividends by yourself after you get your user list, try to avoid making double payments by accident.

 

*facepalm*

...why not use Bitcoin the way it was designed and just send him those satoshis?

Yeah, I agree with that. Shutting down the company with no shareholder vote was simply idiotic. To clarify, I mean that he isn't scamming the users of GLBSE if he gives them back all their bitcoins and asset info. It dances dangerously close because of the time that has passed, but I can think of no reason that he would do this for personal gain (other than avoiding legal trouble, which isn't only for personal gain because if Nefario gets sent to jail, GLBSE users would likely get zilch.)

He handled the situation poorly, and I think most of the reactions within the community were justified. However, let's wait until the dust settles, shall we? If he ends up fulfilling all of his obligations in the end, he certainly isn't a scammer.

Wow, how odd. I recorded a video of me explaining how to get started with Blockchain.info the other day, just hadn't got around to editing it. I guess now I won't need to. Great job, guys!

These threads always seem to turn into worst-case-scenario worldwide disaster discussions. It's fun to discuss what would happen if society as we know it ceased to exist and all, but really, the chances of that actually happening are slim.

Don't get me wrong: like most guys, I find the thought of staking out my property against zombies with a 12-guage to be somewhat appealing for some reason, and it's interesting to ponder what would happen if the only value left was in the necessities.

It seems like conversations such as this start with a balanced "scale", but then people keep piling more and more weight on the side of the scale that leads to complete anarchy. It seems that this is extremely appealing to some people, myself included, because it taps right into our primal instinct of survival.

Seriously though, it's probably more likely that aliens decide to blow up the earth before that happens.

It'd be more worthwhile to discuss ways to save without too much risk in an economy that isn't going to evaporate.

I lol'd. Most concise update ever.

OgNasty, is the OP of this thread dynamically-updated, or does it only update when you manually change it? It'd be neat to have a dedicated page to constantly-updated Nasty Mining stats.