Bitcoin Forum
June 21, 2024, 10:35:19 AM *
News: Voting for pizza day contest
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 [366] 367 368 369 370 371 372 373 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 395 396 397 398 399 400 401 402 403 404 405 406 407 408 409 410 411 412 413 414 415 416 ... 590 »
7301  Bitcoin / Bitcoin Discussion / Re: Lightning network on: February 22, 2016, 04:17:55 AM
The Lightning Network is a proposed payment channel layer for Bitcoin. Basically it allows for cheap transactions, typically small recurring payments, to occur. It is for scalability as it essentially can compress hundreds of transactions into one or two. For example, say for recurring micropayments from a faucet to you, normally, you may receive hundreds of these, and each one requires a specific fee. Instead with lightning, you will still have hundreds of transactions, just that when you want to use that Bitcoin, only one of those hundreds actually ends up on the Bitcoin network and in the blockchain, thus removing hundreds of transactions from the blockchain and saving both you and the faucet hundreds of transactions worth of fees. It essentially tracks balances between two parties.

it will take all the fees generated by low value TX on each block, away from miners and move them to LN CEO.
There is no Lightning Network CEO. In fact, I don't think there are really any fees with Lightning if you use the payment channels. There may be some small fees if you do hops between channels because you have to pay the people you are hopping through.
7302  Bitcoin / Bitcoin Technical Support / Re: Bitcoin Core (42GB and climbing) on: February 21, 2016, 08:11:36 PM
please explain this prune thing more
im unable to get it to work
http://prntscr.com/a68vev
Pruning is not done through the debug window, but rather the start up command. What you need to do is right click the shortcut to start Bitcoin Core and select properties. In the box that appears, add -prune=N to the end of the string in the box labeled "target". Make sure you have a space between what was already in that box and the prune option.
7303  Bitcoin / Project Development / Re: Android client for the bitcointalk.org forum on: February 21, 2016, 07:36:14 PM
This isn't a first. I have also written an android app for the forum (https://bitcointalk.org/index.php?topic=1195830.0) but I stopped working on it. Another user, elbandi, also created an android app (https://bitcointalk.org/index.php?topic=327238.0) for the forum but that is also no longer being developed.

The best thing that you can do right now is to publish all of the source code for the app so that users here can verify that the source does not contain any malware. Then you also need to make deterministic binaries so that we can verify that the binaries you published are actually built from the published source code.
7304  Alternate cryptocurrencies / Altcoin Discussion / Re: How to do a clean hard fork leaving 2-chains on: February 21, 2016, 05:11:42 PM
1 scenario) transaction on new chain will not be valid  transactions on old chain. Transactions on old chain will be valid transactions on new chain.  
Well if participants on the altcoin had tainted their coins with some of the coins produced after the fork, then the transactions on the new chain would be invalid on the old chain. Any transaction that spent outputs created previous to the fork would be valid on the new chain. However any transaction that spent outputs created after the fork would not.

2) transactions on new chain will not be valid transactions on old chain. Transactions on old chain will not be valid transactions on new chain.  
That is harder to do, in fact, I don't think it is possible. But you can completely separate into an altcoin by changing other parameters. Every coin has 4 "magic" bytes which identify the coin that the block or transaction belongs to. By changing the magic bytes, the blocks and transactions of one chain are ignored by the other, essentially separating the two networks.

Also, to do a fork like this, you need to set checkpoints into the forked blockchain and when it does fork, it is easier if the forked part is an invalid block on the old blockchain.
7305  Bitcoin / Development & Technical Discussion / Re: Bitcoin 0.12 release on: February 20, 2016, 11:23:25 PM
Core RC3 is good so far. I am synching right now, and I believe when I launched it, was 7 years and a few weeks behind. 10 minutes later, 5 years behind. SEEMS better at synching now than before.
Use the latest official release, rc5, or grab a build of the final. You can use Theymos's posted above or use mine at https://github.com/achow101/bitcoin/releases/tag/v0.12.0. Make sure you verify the checksums against the sigs at https://github.com/bitcoin/gitian.sigs.
7306  Bitcoin / Bitcoin Technical Support / Re: Making a BTC node hidden service? on: February 20, 2016, 11:04:04 PM
and what the benefits to run a node under tor? Network need nodes like this. If yes i will setup my nodes to run under tor but i dont know if after that the slow relay will be good for the bitcoin network

Well for people who can't connect to the normal Bitcoin network due to censorship, running Bitcoin Core over Tor allows them to circumvent that censorship. With a hidden service, they can also receive incoming connections. Otherwise the connections over Tor are only outgoing connections.
7307  Bitcoin / Bitcoin Technical Support / Re: Does core create another 100 addresses after the 1st 100 are used? on: February 20, 2016, 10:51:21 PM
just wondering if core creates another 100 address after 1st 100 are used or does it just generate them as required after that?
Actually it generates addresses as they are being used to maintain 100 unused addresses in reserve. So after you use one address, another one is generated so that there are still 100 remaining in reserve. After you have used one hundred addresses though, the backup that you previously made then is no longer valid since any further addresses were generated after your backup.
7308  Bitcoin / Project Development / Re: would people be interested in something like this? on: February 20, 2016, 04:49:11 AM
For security, I could create a system where after the purchase the private key gets sent to you via email. And we send the wallet address with QR code by mail. This could maybe work?
No. That makes no difference. There is no need to send the wallet address if someone is already getting the private key because the address is derived from the private key.

The problem is that since you created the private key, you still have access to that private key and therefore can spend any Bitcoin associated with that private key. People have to trust you to not steal their money.
7309  Bitcoin / Bitcoin Technical Support / Re: Making a BTC node hidden service? on: February 20, 2016, 03:59:05 AM
It is actually very simple now. First start up tor, then start Bitcoin Core with the -listenonion flag and -torpassword=<pass> flag where <pass> is your control port password if you have one set. In order to use it though, you will need to enable the control port in the torrc file.
For clarification, by "now", he means Bitcoin Core 0.12. For earlier versions, you will need to configure Tor to run a hidden service. Instructions can be found here. For a Bitcoin node instead of a webserver, change HiddenServicePort to "8333 127.0.0.1:8333". Then, find your onion address in the hostname file, go into bitcoin.conf and add externalip=youraddress.onion, along with listen=1 (assuming Bitcoin is already configured to connect through Tor). It can take a while for new hidden services to show up on the Tor network, so be patient.
Right, forgot to mention that. However, Bitcoin Core 0.12 will be released very soon. Probably within a day or two, so if you want to do it the easy way, just wait a little bit and wait for the official release. If you are impatient, you can download the binaries from my github at https://github.com/achow101/bitcoin/releases/tag/v0.12.0. Those were deterministically built so you can check the checksums at https://github.com/bitcoin/gitian.sigs under 0.12.0 and check that the downloaded file's hash matches the signed hashes of all of the people who have done gitian builds.
7310  Other / Meta / Re: Boards that don't contribute to activity on: February 20, 2016, 12:43:30 AM
Can you write a program to identify all those posts and exclude  them in the post or the activity count?
If could do that I wouldn't be moderating, I would be working on the next google.
Well for somethings like bumps and +1's it is fairly trivial. But other stuff like asking questions with no intention of buying, that is harder to determine.

That sounds like something I could write the logic for, but in.... English. Maybe the guy who wrote the account value estimator could write something which pings an admin if an account checked with his service meets to many low post quality criteria https://bitcointalk.org/index.php?topic=1142314.0.
Why?
7311  Bitcoin / Bitcoin Technical Support / Re: Making a BTC node hidden service? on: February 20, 2016, 12:39:17 AM
It is actually very simple now. First start up tor, then start Bitcoin Core with the -listenonion flag and -torpassword=<pass> flag where <pass> is your control port password if you have one set. In order to use it though, you will need to enable the control port in the torrc file.

Thanks for your reply. I will give this a shot for the BTC onion node. Just one more thing though, is it necessary to leave Tor open for this to work or is it safe to close it after running Bitcoin Core?  Smiley
I think it needs to be left open as it uses Tor for doing Tor stuff.
7312  Bitcoin / Bitcoin Technical Support / Re: Making a BTC node hidden service? on: February 19, 2016, 11:46:27 PM
It is actually very simple now. First start up tor, then start Bitcoin Core with the -listenonion flag and -torpassword=<pass> flag where <pass> is your control port password if you have one set. In order to use it though, you will need to enable the control port in the torrc file.
7313  Bitcoin / Bitcoin Technical Support / Re: How many Connections in and Connections out when running node on: February 19, 2016, 11:03:18 PM
I am currently running a node and noticed that i have 28 connections inbound and 8 outbound.  The question is regarding the 8 outbound should that be higher or is that some sort of set limit?  it never goes above 8 outbound connections.

Yes there is some sort of limits on it as far as I know , and you can see here for more info about it : https://bitcointalk.org/index.php?topic=74275.0
There is indeed a limit of 8 outbound connections. That number is hard coded into the Bitcoin Core software, you can never make more than 8 outbound connections. There is also a limit on the total number of connections you can possibly have. It is limited to 125 connections by default but that can be configured to however you like.
7314  Economy / Investor-based games / Re: Conflict between Block trail / Block chain / Wallet on: February 19, 2016, 11:01:43 PM
Can you elaborate how to decode blocktrail transaction hash.

I am not that technically advance. I know about blockchain address transaction but not hash tx. I mean how to see this

https://www.blocktrail.com/BTC/tx/36b8043dccea499d6678d6098335fb86982c2531e36ed266056b3f06f7b9637c

and identify exactly which transaction took place
That IS the transaction that happened. The way a transaction works is that it takes inputs (outputs from another transaction) and it creates outputs. Technically there is no such thing as sending bitcoin to an address, technically there is no such thing as an address. That means that in this one transaction, one input was spent and it created several outputs which can also be spent. They are all part of the same transaction.
7315  Bitcoin / Bitcoin Technical Support / Re: 'Send as zero-fee transaction if possible' is misleading and illogical on: February 19, 2016, 10:58:25 PM
I know core has already got custom fees, but also I think there should be a thing where it fetches some info from a website and then it changes its recommended fees to suit the current market...
Why should core check a third party website for the fees? It already has its fee estimating, and if you actually have it run as it is supposed to, I think it is fairly accurate. In order for it to be accurate, you need to let Bitcoin core run for a while so that it receives enough blocks to do an accurate estimate.

And also - it should show you the calculated fee BEFORE you click SEND.
It does show you the recommended fee/kB. If you use the coin control feature, then I think it will also tell you how much you should expect to pay in fees.
7316  Other / Meta / Re: Boards that don't contribute to activity on: February 19, 2016, 02:01:26 AM

You should consider making any post with a Sig Campaign not count towards activity.


~BCX~
That isn't actually possible. You can't distinguish between when a user had a sig on or not and whether that sig is a campaign or not without going in and manually doing stuff.
7317  Bitcoin / Mining / Re: Why would BitFury mine/work on two blocks at same height? on: February 19, 2016, 01:59:01 AM
they don't would mine two blocks it's a non sense.
Probably they found two solutions (both invalid!)
No. Miners cannot find two solutions without running two processes (i.e. two pools). Neither of the blocks were invalid, they simply were not built upon by other miners so those blocks became stale (orphaned).

franky1's answer is the most likely answer for this situation.
7318  Other / Meta / Re: Boards that don't contribute to activity on: February 19, 2016, 01:17:41 AM
Damn it... NO! Calculating potential activity will be very difficult.
Not really, at least for my site, you just need to configure it to exclude those boards in the counting. Since it already looks for the board, all you have to do is change it so that it checks the board before incrementing a counter.

I think off-topic would be a good choice as well as politics and society.

Theymos, can you let us know when you set those changes to go live so that those of us with potential activity checkers (like me) can update our sites accordingly?
7319  Bitcoin / Mining / Re: Why would BitFury mine/work on two blocks at same height? on: February 19, 2016, 12:58:54 AM
It is possible that that is mis-attributed. There is no guarantee that BitFury produced those blocks, so it is possible that another miner simply produced a block that have the characteristics of a BitFury block but wasn't actually.

Both coinbase txs have Bitfury in data:
https://blockchain.info/tx/c9f4bbad57c2cfbbd798cc07ed63f0ba6b229b75f0ea9a5aaa1e5fcbf646a176
https://blockchain.info/tx/fd946fb1325f0c5b248d4d001d843be0cc875cd1e26ee629ed6e70fb49a6c6a1
Well it can be faked. Any miner could insert that into their Coinbase. Because miners can put whatever they want there, it is not necessarily trustworthy to use that for figuring out who mined a block.
7320  Bitcoin / Mining / Re: Why would BitFury mine/work on two blocks at same height? on: February 19, 2016, 12:11:51 AM
It is possible that that is mis-attributed. There is no guarantee that BitFury produced those blocks, so it is possible that another miner simply produced a block that have the characteristics of a BitFury block but wasn't actually.
Pages: « 1 ... 316 317 318 319 320 321 322 323 324 325 326 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 [366] 367 368 369 370 371 372 373 374 375 376 377 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 395 396 397 398 399 400 401 402 403 404 405 406 407 408 409 410 411 412 413 414 415 416 ... 590 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!