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6841  Bitcoin / Development & Technical Discussion / Re: Launch of BitPay, worlds first smartphone-wallet for bitcoins on: June 29, 2011, 11:01:19 PM
Does it store the entire blockchain on the mobile device, or have you figured out a way to program a "lite" wallet?
6842  Bitcoin / Development & Technical Discussion / Re: Majority Protected Wallet Storage on: June 29, 2011, 10:59:18 PM
Why do you need to generate a bunch of useless data to obscure the original wallet file if the original wallet file is encrypted?

This means that you don't need to remember a password.  If you create 5 shares, then you can recover your file directly, as long as you have at least 3 of them.  In fact, the system allows as many shares as you want and any threshold.  You could have 100 shares and only need 2 to decode the file.

In fact, it would be worth doing both.  You could encrypt your wallet.dat file and use this system as a backup.
Couldn't someone just download all 65000 random files to find the one that is an actual wallet file?

I guess I am really confused about how this would work.  If I needed shares to recreate the original file, why wouldn't I just keep the original file to begin with?  What happens if I lose my shares?  The file is gone?  Wouldn't that defeat the purpose of the backup to begin with?
6843  Bitcoin / Bitcoin Discussion / Re: FirstBits.com - remember and share Bitcoin addresses on: June 29, 2011, 10:52:10 PM
I am curious as to what people think about services like this... does this take away or add to Bitcoin mass adoption?

This essentially "de-anonymizes" the highly obfuscated nature of Bitcoins' native addresses which, like most aspects of Bitcoins, is a virtue and a vice.
Says the man with a bitcoin address in his sig...

Just sayin.  Smiley
6844  Other / Beginners & Help / Re: Introducing BTCnames on: June 29, 2011, 10:17:10 PM
Maybe I don't understand how the service works.  But the way I understand it is, I type in the name of someone I wish to make a deposit to (i.e., 0x), then it gives me a bitcoin address to send the BTC to.  I send the BTC, and away I go.

But what would stop me from registering as 0x, and potentially mooching off of people wishing to send BTC to you?  Or Ox, to grab typos?
6845  Other / Beginners & Help / Re: Introducing BTCnames on: June 29, 2011, 09:44:50 PM
What would stop me from stealing someone else's name, thus directing their bitcoins to myself?
6846  Bitcoin / Development & Technical Discussion / Re: Majority Protected Wallet Storage on: June 29, 2011, 09:21:47 PM
Why do you need to generate a bunch of useless data to obscure the original wallet file if the original wallet file is encrypted?
6847  Economy / Marketplace / Re: SkepsiDyne Integrated Node - A Bitcoin Mining Company on: June 29, 2011, 07:28:08 PM
Wooo, 4 bitcents!  Cheesy  Better than nothing I suppose...  Smiley

It's more than you would get for interest at a normal bank account.
Good point...
6848  Bitcoin / Development & Technical Discussion / Re: Need some help with sendmany and php... on: June 29, 2011, 07:26:12 PM
Ok, new question:  How can I easily utilize the sendmany command?  There's no way to do it through any of the current GUI's (that I am aware of), so what's the next-best thing?  How do ANY of you utilize it?
6849  Economy / Marketplace / Re: SkepsiDyne Integrated Node - A Bitcoin Mining Company on: June 29, 2011, 07:22:03 PM
Wooo, 4 bitcents!  Cheesy  Better than nothing I suppose...  Smiley
6850  Economy / Goods / Re: What is a lowball offer? on: June 29, 2011, 07:16:39 PM
Re: What is a lowball offer?

A lowball offer
You're the seller,
You saw a guy's offer,
You felt like you got punched low in the b...
So take it like a man.
6851  Economy / Marketplace / Re: SkepsiDyne Integrated Node - A Bitcoin Mining Company on: June 29, 2011, 07:00:42 PM
I think I only have 2 shares, but how can I confirm that I received the dividends?  I don't remember any strange payments to any of my addresses.  Does the dividend go to my account on the stock exchange?
6852  Economy / Goods / Re: What is a lowball offer? on: June 29, 2011, 06:49:22 PM
I meant figuratively speaking.
Probably nobody besides the two parties involved 'really' care about a few percent haggles that ruin good sales.

More power to them if they deem it worth their time.

One would think adults don't have the time to wait for 3-4 weeks just to save 10 bucks on a purchase though.
Depends on the situation, I guess.  I literally have no room in my budget for spending money (going in the red every month, not including my mining profits, which are helping me pay down debt), so if I can save $5 or $10 on a purchase, it's huge for me.
6853  Economy / Goods / Re: What is a lowball offer? on: June 29, 2011, 06:36:06 PM
What pisses me off more is unflexible buyers and sellers who have to stretch every penny as a matter of principle.

Ex. 1: You wait 2 weeks for somebody to offer $450 for your TV, nothing. 3 days later, a guy emails you and says he'll pick it up for $440.

Seller insists it's too low and doesn't sell; Losing what might be his only prospective buyer ever at the $400+ price point.
Just to "save" 10 bucks on a used item, & watch it depreciate even more as no more offers come in.

Ex. 2: You are looking for a GTX 580 graphics card for $380 bucks, a guy is selling it for $390.
You try to haggle and insist the price is too high, while it's the lowest offer on the market. Somebody else buys it in front of your eyes, and the next best sell offer is at $430.

It seems the average Joe never counts in opportunity cost. You are losing much more in wasted effort and time by refusing to spend 10 dollars more on a great deal.

You are not saving money.
Why does that piss you off though?  Let people waste their time and money on haggling if they want.  I agree, it's silly to haggle over < 5% of the cost of something under $1000, but I'm not going to get pissed off because other people do it.
6854  Other / Off-topic / Re: How can I tell if I am being DDOS'd? on: June 29, 2011, 06:00:27 PM
I hate when Yahoo Answers sometimes seems helpful http://answers.yahoo.com/question/index?qid=20090211201758AAz6Xzv

But if the traffic is being blocked at the router level because it's the wrong port, command-line commands from my server (or any other machine on the network) isn't going to do me any good.  So I need some way to analyze the traffic using DD-WRT... at least, I think I do.

I suppose this might be a valid answer though:
Quote
If you were honestly getting hit with a DDOS, you wouldn't even get a ping reply and you'd be unreachable. A DDOS attack will take down big servers. Your little wimpy connection isn't even a match for a good DOS attack.
Though I guess it also depends on the scale of a DDOS attack too (or maybe it's just a simple DOS attack).
6855  Economy / Goods / Re: What is a lowball offer? on: June 29, 2011, 05:49:16 PM
I think it's really quite silly that people actually get upset at someone sending them an offer to buy something at a price lower than they had advertised it for.

Grow up.  Seriously.
6856  Other / Off-topic / How can I tell if I am being DDOS'd? on: June 29, 2011, 05:35:11 PM
I run a gameserver off of my residential internet connection (50/10).  It's worked great for the last 8 months or so.  Suddenly, I am getting complaints of extreme lag without any evidence of server problems.  I am wondering if I am getting a DDOS attack, perhaps someone disgruntled from being banned from the server or something.  I've had several threats sent my way with that sort of implication.

I've run speedtests, though I haven't had the opportunity to run one during a laggy period, and they come out fine.  15ms ping to the closest server, connection speeds are spot-on.

I use this router with DD-WRT:  http://www.newegg.com/Product/Product.aspx?Item=N82E16833320038

The incoming log table shows a lot (20-30) of incoming requests for ports 27733 and bootpc.  Not sure whether those requests are related to the gameserver at all, though the actual game service does not utilize either of those ports as far as I am aware, and neither of them are opened in my NAT table.

What would be the easiest way to tell if someone is trying to DDOS me?
6857  Economy / Marketplace / Re: 1GHash/s $1200 for 3 months on: June 29, 2011, 04:29:58 PM
When would the mining actually start?  It sounds like you don't have the systems in hand yet.  But call me interested...
6858  Bitcoin / Bitcoin Discussion / Re: How Do I Sell Bitcoins on the Street? on: June 29, 2011, 04:27:29 PM
You would likely get no one who already knows about bitcoins.

You would likely get many inquiries about what bitcoins are, how to use them, etc.

But, practically, this means that you have to have a way to sell to people who do not yet use bitcoins.  Maybe you could use an online wallet service, and have them sign up right then and there.

Make sure you lock your netbook(s)/laptop(s) to the table you are using.  Not only are they valuable for being computer hardware, but I'm sure you'll have some bitcoins loaded up on them as well?
6859  Bitcoin / Bitcoin Discussion / Re: Cracked Passwords List Leaked, were you cracked? on: June 29, 2011, 04:14:29 PM
I recommend passwords at least 45 characters long with no character being the same.
At least a sextillion years to get half way through cracking something like that.


How many minutes to search the room where you use the computer to find the place where you've written it down?
Exactly.  If I can't remember it in my head, it's a useless password.
6860  Bitcoin / Bitcoin Discussion / Re: FirstBits.com - remember and share Bitcoin addresses on: June 29, 2011, 03:21:38 PM
really cool idea.  I am assuming firstbits returns the earliest known address if there are several others that match the search. this way u avoid collisions with new addresses as they are added to the chain.


actually now that i think about it, what happens with addresses not in the block chain? for example, if a businesses had to generate a new address for every transaction and used your service.  unless you are saving every search address, its possible u would return the same firstbit address for different bitcoin addresses.
Yes, it returns the address that appears earliest in the blockchain if multiple addresses match the query.

The address must have been used in the blockchain in order to appear.  You cannot use firstbits for a brand new address.
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