Take me; I'm in Denmark and our currency went way up when Greece started crashing - but THEN our national bank sold loads of our currency in order to peg us to the dropping euro.

I was basically robbed. I may not hold a bunch of money, but maybe someone with more thought like me.

Euro collapse of course will not happen, just slow theft.

People call BTC insecure, but its pure math. It doesn't matter how little faith the market have in them, how politicians want to stabilize things or what happens; its just THERE.

Your wallet will never default or close your account.

Unless you have a secret spot to bury your physical gold bitcoin is even safer than that as gold has been confiscated before.

When Greece, Italy and Spain defaults what IS safe?

I only wonder who accepts fiat for their BTC at such low rates as we have today.

I gave my mom ~2 bitcoins... I have a feeling they will make up a good chunk of her pension by the time she retires.

I'm just looking forward to 9. December, at that time people will realize what non-inflating and safe cryptographic protocol means.

My spidy sense says this is a localized bubble. +5% in one day repeatedly? Really? This has to collapse and/or slow down little.

... or European bitcoiners fleeing their euro inflation - that might stick.

I am European and dumped some currency pegged to the EUR.

I don't fear collapse of the EU, but I don't trust banks or my mattress and I don't like inflation eating 8% of my money over the last 2 years.

That's just compared to $, who knows how much I lost compared to bread or gold.


BTC more risky than fiat? Have you been living on this planet the last 4 years?


Apparently I am not alone.

I think so, then higher yet and then collapse back down to the doubling. Something like that anyway.

It is my understanding that all of the BTC scalability problems can be solved with relatively uncontroversial updates:

1. 10^15 units -> Protocol can be updated so that satoshi is no longer the smallest unit. No one should disagree to this.

2. Block size -> Older spent transactions can be deleted PLUS today the chain is being spammed with fee less transactions - once we have just 1/10000 part fees most of that will be taken care of.

3. 51% attacks -> Client will likely be updated with an IP-filter at some point and then people can quickly filter out disruptive players, maybe even propagating their block-list through the network.


I think my BTC value prediction for 2012 is already failing, the value is rising TOO rapidly! Of course it might be a bubble or slow down again...
(Glad I bought a bunch at 5.06)

Anyways I'm long so it's fine.

In my program I have adopted "sato"/"satos", its short enough to go with kilo, mega and giga that most people already know. (0.1 Gsato = 1 BTC).

But for slang... "golden bits", "happy codes" or "silicon gold".

I like GPU nectar though.

As a programmer I also love it.

However I have found myself some well-placed tests in especially new code lowers debugging time.

Thanks.

Yes I meant dependent.

I suppose I can look through the code for how its seeded.

I'll report back if I find anything suspicious.

Not a good idea.

Makes BTC way more complicated to use and worse it gives miners a huge incentive to f*ck us all:

1. Mined coins (and transactions?) are always "pure".
2. Miners hold such coins.
3. Miners are today huge pools that the average user have little control over.
4. Miners simply need to declare a bunch of coins tainted and suddenly THEY hold significantly more proportionally.

Also a thief would ALWAYS get to spend his BTC as he would always be the FIRST to know about his crime, people like ME would get stuck holding the bag!

* So if I download that HTML/javascript code here www.bitaddress.org, it will work yes?
   (Did a quick test myself, just wondering if it is also working correctly)

* Has someone extensively tested that these addresses work and are not sent to the operator of that site or some hardware disc location?

* Say someone makes a bad script is it possible to create non-valid addresses/key pairs (ie if I transfer money there they get locked
  forever).
   Can I test addresses somehow?

* Is the script dependent on your OS and java updates, could it fail if run on a clean Ubuntu install?

I ask all of this as I am about to transfer a decent pile of cash to addresses I want to generate offline on a live cd running Ubuntu.

Damn! I almost used that service and I kinda know the guy behind it.

Hopefully they can get around this through direct account transfers or something...

I will be mostly marked on the program and report - though a few simple plugins should be simple to do.

Here is the image I promised alatus:


Basically its a simplified version of a stock company where investors can become CEO candidates or vote for them and CEOs can pay out returns or transfer money in order to fund the company business.

The vote task would of course weigh votes by shares since its a stock company.

Extension of such an organization would be a "board" and their ability to okay budget proposals and new BTC addresses from the CEO or similar.

This would give the stockholders waay more control over their company and they wouldn't have to rely on legal prosecution quite as often.

The image is a mockup, but it looks almost exactly like what I have implemented so far.


Each "link" is a task plugin that will do something or show something.

Each box is a "system" or "division".

The group and system plugins run in the background and are not visible here although I have developed a new orgchart type that lets you fully display the organizations my program can emulate.


When finished organizations can be largely created entirely by non-programmers through re-combination of existing plugins and customization to said plugins (changes to constants inside plugin code).

That is very interesting. My program is very similar to that in idea yes.

My platform would probably not be perfect for polling, but it could be done via certain tasks, so you could say the two are already merged in some ways.

I can put some pictures up tomorrow after sleeping.

I did not know the pirate party used such technology!
Can you add me in facebook, my real name is Martin Clemens Bloch (not hard to find out knowing "realpra" anyway)?

Well first of all by "rules" in that statement I meant logical rules for the incentive structure of an organization.

You would likely not use my framework for such rules as your example, but rather how your council members are elected, what powers they have etc..

Much in the same way that the bitcoin protocol does not specify that "bitcoin is money" - yet that becomes the practical outcome.


You create your organization by being the creator of it and then locking it.

After you lock it you tell people "look at my organization, it makes sense, come join me" - they would then be free to do so or not.
Multiple organizations can run in the program at the same time.

You can't program something like that, but by combining rules/plugs you can enforce certain incentive structures - such as an incentive structure to put out the trash at a certain time.

Said incentive structures would have to be build on a per org basis.


Abstract rules could perhaps be enforced by letting humans report each other via the system - "Did the Johnsons put out the trash yesterday y/n".
If many community members repeatedly reported the Johnsons they could be kicked automatically from the member list or penalized in some other way.

This is up to however programs and edits a specific community/org. Its entirely possible you could come up with a better incentive structure than I just did.


Actual day to day management, bulletin boards and human interaction would not be controllable in most cases with my program.

You put your shared income into the corp account and if any member of the family marks trash as "not out" via a task no one gets to eat.

Once everyone marks it as out an automatic system plugin will pay out daily allowance once more.

... for example.


As I said you can do most things - not necessarily a good idea.

I know, just a bit complex.

Okay simple example (new group):

1. ALL plugins must implement an "invoke"-method. (string methodName, object[] args) -> object.

2. The framework calls that method using "GetGroup" and with no arguements. It does so on a group plugin.
The plug returns a list of member-ids.

3. The framework checks the list and makes it the new "group" of the system the group plug was attached to.

4. To generate the list the plug would have first been supplied with various data using similar approach as in 1-2-3 above.

I don't think I can upload the report before my exam, but in short organizations are abstracted as such:

"Systems" have a list of "members". These "members" can execute all "tasks" associated with that system.

"Tasks" are plugins and may change any data in hashtabels ("ChaosList") associated for each member and system.
They are restricted from crashing my program by only having access to their given organization and that they can only change the hashtabel.

Systems can have any number of tasks.

Systems have a "system"-plugin that will execute automatically, it is like tasks except purely automatic.

Systems also have a "group"-plugin, it also runs automatically but returns only a list of the new members which replaces the old. The plugin chooses these members by looking at data in the chaoslists of the organization - data left by either tasks or system plugins.


Any system can be expressed by combining these abstract building blocks.


An organization is created in the program by an individual who may edit, change and test it.
HOWEVER once that individual finalizes the organization no one can edit or delete it - no one is admin. (cept server owner as said)

Plugin code in said org would be viewable to all.

Actual BTC transfers or other resource controls would be additions to the API but would happen via an extra possible function call for tasks and systems.


The reason for having task-, system- and group-plugins is so that task plugins etc. can be reused in different orgs and combined.

I have implemented the compiler and the whole infrastructure for calling plugins, but I have not hammered out the exact execution of plugins yet.

This is mostly due to the fact that almost the entire program must be finished before I can get to that part.


The code just needs to have some basic methods:

- Data read/write
- GetGroup
- Input/output

The framework will call these methods and they should adhere to that API standard, other than that its just normal C# code.