I think the idea of "super nodes" or hubs will help limit the possibility of a split. The more connected the network is the less the possibility of a split. I know not everyone can run a node that supports 7000+ connections but, if there were some highly connected super nodes running 1000 or so connections and these nodes could be inter-networked with each other this would allow for a stronger connection. Even if a node is at a connection limit and doesn't connect to the super node, it would be probable that one of the other nodes would be connected to a super node. The down side to running a super node is you spend more cpu time and bandwidth making connections and less cpu time generating.
This is interesting to me. What is most robust? 1000 nodes all with 9 connections 1000 nodes with 8 connections and one with 1000 connections 1000 nodes with 8 connections and ten with 100 connections If you only connect with nodes 'near' your node then having only a few seems like a problem. If it's totally distributed then I think having the connections distributed would be better, but I really don't know. Another thing to consider is how huge the profit opportunity will be if the network starts to get fractured. Everyone will want their transactions to get put in the next block for sure before an actual split and the fee will get bid up, this will give nodes incentive to make sure they can stay connected to those at risk and collect their fees. And thereby the network will not get split. I mean if a government ties down traffic they might actually run the nodes themselves for profit or some corrupt official who knows how to get away with it (n/m, no corruption in governments).
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Everyone is free to read my posts and discover, that I'm arguing, that the majority of people should be better protected from being compromised. And that the authors of the Bitcoin should get concerned by that security risk.
No you aren't. Unless I misunderstand you want a minority of honest users to be able to stop a majority of thieving botneters. The system as it is right now protects the majority, you are advocating ending that.
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There really is love in this world for centralized points of failure and control. You want Satoshi to have special powers? That just raises his value as a target of force, blackmail, corruption, etc.
If you want to trust people, by all means do it. But I'm looking for an alternative to centralization, that's why I'm here and running nodes. I won't run a node if I know it treats any other nodes as special.
If you use a programs that manages your money, you will automatically trust to the authors of theese program. There is no centralization - an alternative client will be written by another author, and contain other signatures I'm sorry if I was unclear. I don't mean that you don't have to trust someone to build your client (unless you can do it yourself I guess). I'm talking about the protocol which is all peer based giving someone special power to send instructions. I realize it isn't something to worry about because it isn't going to happen, it would be a totally different project. Now if someone wants to build a client that checks for updates by pinging some central server, whatever, I might even use it. But it's important that anyone be on the same footing regarding building clients, no one gets to use to chain to send messages.
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Oahu.
But I have lived in Asheville, NC, and may again. That's not so far from you guys.
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There really is love in this world for centralized points of failure and control. You want Satoshi to have special powers? That just raises his value as a target of force, blackmail, corruption, etc.
If you want to trust people, by all means do it. But I'm looking for an alternative to centralization, that's why I'm here and running nodes. I won't run a node if I know it treats any other nodes as special.
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That post was deleted? I don't get why at all.
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Interesting for sure. I don't think I need it right now, but I'll keep it in mind.
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Mtgox should substract whatever you're selling from your account so you don't sell what you don't have.
I think there should be an "available balance" listed, but as it is there is no way to sell what you don't have the trade appears on your list as "not enough funds" and is not listed in the chart.
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what you are asking for is a mechanism to tentatively add a transaction and then dispute it later.
I don't think that's what he means. The transaction will be made completely, but both will hold part of the key required to spend that money. If they are satisfied they ship the money to the appropriate person. There is not disputing with the block chain. They either work it out and use the code like everyone else does for all transactions, or they don't work it out and the money stays locked up.
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i cant deposit into this casino :-( i really wanted to play
He took it down for repairs. It was fun, I hope it's back soon. Or if not, that someone else makes one.
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mt.gox, you need to fix your charts. The dots for the same exchange rates are not on the same line.
The chart does need improved. But what is actually happening is that the numbers are being rounded to different precisions for the dot placement and the cursor over display. If you bid .064 and .0641 they will show up in the same place and the same price displayed in cursor over box. If you bid .064 and .0643 they will now be in slightly different places, but the box will still show .064. It wouldn't really matter at all if you could get an exact list of offers. The chart gives a pretty good impression, the list would give you actual exact offers. You can always get the full precision of the lowest ask and highest bid in the trade tab.
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Trust meaning that it is possible for the sender to double spend the coins before the receiver broadcasts the transaction. Also, it is not possible for the receiver to spend the coins until the transaction is confirmed.
How do you know this? I was explicitly told otherwise. I'll check my source in a minute.
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You can give someone a wallet file. It is just that they couldn't verify the contents while offline, right? So it would be pretty much the same as a transfer.
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The market had been growing and the value of coins is increasing. You didn't explain when this becomes bad.
I guess the people who sells their services or goods for BC do it just for fun. I do not think the role of BC in their busyness is serious. BTW, if you'll check the statistic on https://www.bitcoinmarket.com/ you'll see the value of deals with BCs is permanently decreasing. It is too early to make any conclusions, but... I guess it would be nice if the people who do their business with BC publish here their statistic: how many deals they make in BCs in a month i.e. Just to analyse the activity. If there are no much deals with BCs (especially comparing to the deals using the real money) a service provider can ask any price in BCs, it would not affect his busyness much. Are you saying volume is decreasing? The number of BTC traded on that exchange is decreasing. Assuming the $ is worth about what it was last month, the value of BTC traded is not really decreasing. And there is another market with increasing numbers of BTC traded.
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Thanks Cy,
Looking forward to many more trades, with you and anyone.
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Use TOR for anonymity when dealing with bitcoins (and other subversive activities) online. But yeah Tim May of the Cypher Punks and founder of crypto-anarchism, an ideology that expounds the use of strong public-key cryptography to enforce privacy and individual freedom, was dealing with this stuff back in the early 1990's. Even back then, Bill Clinton was trying to mandate eveyone use a Clipper Chip...here is Tim May's opinion on the police state tyranny that the clipper chip. Oh yeah...and I don't vote. It only encourages them. There is no contractual obligation for a politician to follow-up on his campaign promises, which is why they rarely do. If voting changed anything, they'd make it illegal. I don't vote either. I think it's wrong. I don't want anyone to force me and I will absolutely not attempt to use government to force others to do what I want. That said, voting is like attacking someone with a toothpick, it's almost never going to matter. Neither do I vote.We actually get fined for not voting here but I've never paid them.Its not much but every little bit of pushback helps.Thanks fore the articles Em3rgent.. Right, Australia. I heard about that. iirc, if you never registered they don't even bother you and if you did they want you to claim illness or similar. to avoid the fine. Is that roughly the case? I also remember hearing a non-trivial % fouled their ballots and thinking that was pretty damning to the idea that people don't vote because they are lazy. Hundreds of thousands of people who were in booths weren't willing to sanction their masters.
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Weird, why is there no copy to clipboard for the sending tab in the address book? If you just labeled the addresses with a name size and date then you could copy them out of there into a document that could be searched. Surely it's just an oversight that you can't copy them out.
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Bit coin allows us to track all transactions for a particular "coin" type.
Now imagine a second "coin type" with its own set of nodes only this coin type is "convertible" to and from actual BTC with a special transaction among the two trees. Now you have two parallel sets of coins that have the same value, but require an extra transaction to port from one chain to another. You cannot mix and match coins of different types in the same transaction, but you can at any time convert from one coin type to another.
If Bitcoin takes off it will be interesting to see what similar systems are created. Approach the limit faster? slower? More frequent block generation? Whatever it is will have to overcome the head start Bitcoin has. It would have the advantage though of people being able to buy them with already established BTC instead of PayPal or such. However an alternative is implemented tough there is no reason to think it will have the same value as BTC. In fact if someone started an identical system it would probably have less value forever.
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Use TOR for anonymity when dealing with bitcoins (and other subversive activities) online. But yeah Tim May of the Cypher Punks and founder of crypto-anarchism, an ideology that expounds the use of strong public-key cryptography to enforce privacy and individual freedom, was dealing with this stuff back in the early 1990's. Even back then, Bill Clinton was trying to mandate eveyone use a Clipper Chip...here is Tim May's opinion on the police state tyranny that the clipper chip. Oh yeah...and I don't vote. It only encourages them. There is no contractual obligation for a politician to follow-up on his campaign promises, which is why they rarely do. If voting changed anything, they'd make it illegal. I don't vote either. I think it's wrong. I don't want anyone to force me and I will absolutely not attempt to use government to force others to do what I want. That said, voting is like attacking someone with a toothpick, it's almost never going to matter.
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Go for it man. If it's got features I'm interested in you bet I'll trade it and use it.
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