Bitcoin Forum
May 26, 2024, 08:16:57 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 [38] 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 »
741  Bitcoin / Development & Technical Discussion / Re: Where is the bitcoin source code and guide to compile the bitcoin wallet on: January 22, 2018, 11:53:23 AM
Your stuffed most the time if you trying to work from windows like me and you often won't get
things to compile anyway not that I am saying Microsoft spyware is any good but some of us
are stuck with it.
742  Other / Off-topic / Re: QR codes for homeless to get what they need in "connected" shops all other the on: January 22, 2018, 11:49:17 AM
Man just RFID them all and soon this is coming to us anyway and it will start with
all public sector works and then move on to anyone needing NHS treatment

Got to stop then nasty terrorists you see and if it saves just one life then I am
all for CCTV's in toilets, bedrooms and just think if your fitted with a RFID and
fall over with a heart attack then "We can save you"  Cheesy 
743  Bitcoin / Development & Technical Discussion / Re: Lightning Network: how to trace the path between the sending and receivin nodes? on: January 22, 2018, 11:40:49 AM
Of course there are better ways to do to this with various shortest path algorithms that don't actually need to know the full graph.

Node discovery relays and some people argue that it cannot be done and it must be well complicated to calculate the
hops by the time you have to deal with fees and the reliability of intermittent nodes plus ensuring the nodes each have
sufficient balance in the ledgers to carry out the transaction.

I can only imagine the amount of code needed to make this happen so once again as was the case with mining coins
that lead on to CPU-Wars it seems to me like the solution is worse then the initial problem and from a performance
perspective this would be slow if hub/banks were all Alice, Bob, Peter and Paul

Every node for himself just to keep some academic dip sticks happy without more specialized nodes looks like a big mess
to me but if they want to proceed down this lightning route then maybe the need a cluster of routing servers (DNS Type thing)
with plenty of redundancy built in to the system.

Time here is critical because a route could be found but milliseconds later the balance sheets has changed and the funds are
no longer available to carry out the transaction and lets also remember we now have some centralization and transaction won't be in
this wonderful magic things called the public block-chain.

No wonder it taking them years to program this thing and its so hard to understand
744  Bitcoin / Development & Technical Discussion / Re: LN routed transaction settlement on: January 22, 2018, 11:12:02 AM
Snooker Balls

Both party's to a channel share a private ledger but the trouble is that it's not the same
money that gets relayed on across the route because money does not cross between ledgers
that don't share the same channel

Bob --------------------->Bank Hub>---------------Alice
            $1000-$100                           $50-$10

Now Bob has more than enough money to send Alice $500 but because the banking hub
only put $50 in the private ledger between the bank and Alice when Alice opened the channel
last week he does not have the finance available to pass the on $500 in the ledger.

The way it has been designed by my understanding is that bank hub cannot just take money
out of the ledger on the left and move it to the ledger on the right and as you can see the
ledger on the right does not have the capacity to transfer the funds.

Yes i know the logic does not add up but due to the way channels are created by the miners
this is how it works so feel free to provide me proof from the lightning white paper if you feel that
i am wrong.

https://lightning.network/lightning-network-paper.pdf


745  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Advisor's Role in an ICO? on: January 22, 2018, 01:32:04 AM
I think an advisor should be someone very influential and at the same time have so many experiences with cryptocurrencies. His role is to give good advice on everything about the project. Their marketing strategy, project development processes, its mission and vision, short term and long term goals, etc.

This AI is really getting good people and you should buy in on this one because you soon won't be in a
position to know who's human and who's not on forums anymore.

Sophia did they let you escape from Cog-Net again and can you run this code for me please

while (true)
            {
            Thread.sleep(10000)
            }

 

746  Bitcoin / Project Development / Re: 50+ FREE CRYPTOCURRENCY LEARNING COURSES - BitcoinHomework.com on: January 22, 2018, 01:15:58 AM
OK let me get this right because I am not very well educated when it come to Crypto-Coins
so I come here to look for training to find that a new coin is being created specifically to be traded
so that people can spend this new coin on learning about 50 other Crypto-Coins 

Please for fuck sake tell me if I am getting this wrong !

Now once I buy these coin I can sell them at a profit (Hopefully) to anyone that I bump
into that just so happens to be interested in leaning all there is to know about alt-coins,
tokens, shit coins, the legend itself Bitcoin

Let me try to guess what some of these coins are used for

1. Comics book tokens
2. Save the hump-back whales
3. Learn to play a guitar
4. Green beans at discount rates

You know I must be missing something here because I am sure it's venture capital they must be looking for
unless the market has the potential to grown past $100,000bn a year and it needs it's own coin

I cannot wait for Cryto-Default-Swaps (CDS) to kick in that will payout virtual jelly beans on any defaults
or triggers all running as "Super Smart Contract" on the gaga network.

Fees with Bitcoin are making us look like a laughing stock to the general public so is George SoreAss
putting these people up to come and take the piss with all these ICO's or do I need to go on a reeducation
program or something



 
747  Bitcoin / Project Development / Re: We started a cryptocurrency live sync prices platform, take a look on: January 21, 2018, 11:35:55 PM
Hmm, so the business case is: Use some existing APIs to retreive data, build a GUI very similar to the API providers and charge at least $1000 for an ad?
Do you have a link to this $1000 per advert please and all the data comes from public API for this type of data anyway
and I am amazed at just how many and how good most of them seem to be.

Still what is worse then nicking source code for a coin along with the public block chain as well to produce shit coins
but when I use someones java-script library then it's a complement and I am only borrowing it anyway
748  Bitcoin / Project Development / Re: Questions on my future bitcoin casino project! on: January 21, 2018, 10:30:19 PM

3. It does not matter which type of domain you own, they're all treated equally, what matters is the kind of hosting you have, whether it is VPS, Dedicated server, cloud hosting etc, what OS it's running on, which control panel is installed (if any) and what language your script is coded in.

You know me mate, I know nothing about distributed systems and virtual private servers, IP-address  but
what would the lay of the land be if your hosting the outer HTML of the page in say the UK but all the gambling
content was within an IFRAME that is being feed for Taiwan ?

You said "what matters is the kind of hosting you have, whether.........."  but surly windows or Linux would not matter
in relation to the law and I also seem to remember you once saying "Coming from someone who cannot form more than a couple of coherent sentences"

Whats that saying again about granny eating raw eggs  Cheesy Cheesy Cheesy




 
749  Bitcoin / Project Development / Re: Questions on my future bitcoin casino project! on: January 21, 2018, 09:50:29 PM
Bitcoin no good as currency anymore for weed, cam-girls and gambling because of the crazy miner fees
so one I would not enter the casino to be mugged at the door and when I leave and you send me my
winnings  Cheesy Cheesy Cheesy then who's paying the Tx fees.

I could write you a dice game that will equal 50 if you sum a million rolls of dice but somehow always
comes up short if they are NOT in-house bots just pretending to play so the house takes 99% and not just 5%
was it not highly illegal but I suspect not everyone is as ethical as me

Naw if I was out to make unethical money then I would become a miner or wait for the Lighting Network to
arrive and set myself up as one of them hub/banker things that are going to get a lot more functionality than
simple wallets acting as hubs to load the dice to my advantage.

I am studying the protocol as we speak and it talks about trying to bribe miners to block transactions close to the end
https://lightning.network/lightning-network-paper.pdf
750  Bitcoin / Project Development / Re: Live Coin Price on: January 21, 2018, 09:27:19 PM
I took a peek and it's just full of google spyware shit and that burns out your
CPU and kills the browser anyway so all I could see was a grey screen because
my firewall blocks google

751  Bitcoin / Project Development / Re: Cryptopic - A cryptocurrency webcomic in the making! on: January 21, 2018, 09:19:34 PM
Come on guys we are all ICOed out and are getting three a day new ones coming along

Website selling books or comics should take  "Gas" or use "BAT" if they want to advertise
and we have far to many slot machines to play in the casino so I cannot hear myself think
in here.

I Blame ETH myself with it bean counting "Smart Contracts" but i cannot take anymore 
752  Bitcoin / Project Development / Re: Accept BTC / LTC / ETH directly without third party on: January 21, 2018, 09:03:41 PM
Shapeshift maybe?
I must admit I kind of like them and it makes you lazy and this is why I like
Exodus and Jaxx wallets because they both use ShapeShift

Also I had a peek at their API's and it did seem easy to use but now I am stuffed
because i fancy Neo (Very odd coin this one) and need yet another wallet to store it in.



753  Bitcoin / Project Development / Re: Lightning Network is a banker scam part one on: January 21, 2018, 08:39:39 PM
Your posts are pretty much incoherent to analyse the argument except that it sounds like you are hell bent on kicking dust. I am sure most of the notable members on BCT don't want to indulge people like you who just want to come up with the worst-possible imaginary situations. So I'll try in whatever humble manner I can.

I like to deal in facts friend and will often backup what I say with links to articles or youtube and if you watched the video about Bob buying a coffee a
day for a month from the same shop then I say that someone is presenting the "best-possible imaginary situations" so lets have some balance
here.

Quote
you make this argument about the settlement transaction. LN aims to enable micropayments and it does that quite well. The settlement transaction when closing the channel is a one-time cost which will not be the 30$ owing to de-congestion as smaller payments move to LN.

That is an assumption you are making and does not take into account inter banking settlement between the large banking hubs that will be added
to the BC and what do you make of this from the white-paper

Quote
A tradeoff exists between locking up transaction fees on each
hop versus the desire to use as small a transaction amount as possible (the
latter of which may incur higher total fees). Smaller transfers with more
intermediaries imply a higher percentage paid as Lightning Network fees to
the intermediaries.

My understanding is that I am using my own money in the ledger held by me and the first hub/bank in the route
but then the bank is forced to use it's own money for the next stage of the hop and will want interest payments
from me for the service. In other words a credit in the left hand ledger does not become a credit in the right hand
ledger

Quote
You won't need to open channels with every individual/ store you want to transact with. It'll be a multi-hop transaction as explained in the videos quite well. You will anyways have a channel with some major hub whenever you make your first purchase. Depending on how that services you, you can always change it to someone else when you settle your transaction and open a new channel.

Yes I sign up with a large banks who charges fees and interest but I am free to leave and pay $30 BC Tx fee and join another bank
so why the Bob and the Coffee shop story is just fantasies just like I said

Quote
Segwith adoption is still low due to which its positive effects are not being felt. This is a community project and of course the "üser" community needs to do its part. Bitcoin developers don't owe anything to anybody. They give you an elegant solution and you don't use it. Its not on them to market it like Mr. Ver and form a circlejerk of Bcash tipping idiots.

Elegant when changing a back end database does not include telling everyone that they not only need a new telephone number but they need
a new telephone (Wallet in this case) too. Lets not start blaming others for the mistakes of the past I say.

Quote
Same repeated argument. You want to use keep using the fear psychosis of "Banks". With funds committed to an LN channel, EVERYONE is a BANK. Everyone is in it together. Of course some will be bigger, some medium and some smaller.

I have already addressed the question of Bob being a bank/hub for Alice so please go back and read it because the argument falls flat on it's face
and poor old Bob ends up going without his morning coffee at the end of the week.

Seems to me that you have no technical argument to present here and just want to be rude in case people cotton on to the facts that
Lightning attempt to solve the scaling issue is by introducing banks to Bitcoin which is not quite as bad as starting CPU-Wars all over
the internet between miners to solve the problem of generating new coins which others have managed without having to burn out CPU's

Quote
Are you a developer? Do you have a working code for this "Idea" you are proposing? If yes, you are welcome to go join the github and propose it there. If you can't do this and have only thought of this in some algorithmic way then how are you talking about Pointers to collection of nodes??!! All nodes are supposed to be equal. What are you even doing here if you think that its okay for only a few masternodes to process the block data. There's SPV wallets for that.

Yes developer, no not Linux based but I will offer up this one line of code

public static money MaxFees =1.50 // 20,000 miners not need to process 7 TPS, too little work to pass around to feed all of Africa

Nodes doing distributed processing can all be the same, part of smaller group processing 1/50th of the BC so not sure what your going on about
"All nodes are supposed to be equal" because some are running $300 hardware and others are running $50,000 hardware anyway

Quote
Yeah, sure. Coming from someone who cannot form more than a couple of coherent sentences, this is good advice /s

I know when I have won a debate when the other side feels the need to use insults but what about the "green crypto mining ICO" " under your
name because 20,000 miners on Bitcoin doing CPU-Wars is not green so forgive me when I say it looks like you will say anything that you are being paid to say
754  Bitcoin / Project Development / Re: We started a cryptocurrency live sync prices platform, take a look on: January 21, 2018, 07:27:00 PM
Interested in partnering?

I think you could do a lot worse than taking a look and I think the site with the alt-coins table that allows you
to sort by clicking the table header is well neat.

The prices get updated about every 45 seconds too without refreshing the page and I didn't know you can buy
tokens for a millionth of a dollar but i do now  Cheesy so i got a million of them
755  Bitcoin / Project Development / Re: We started a cryptocurrency live sync prices platform, take a look on: January 21, 2018, 04:01:29 PM
We are glad that you enjoy our platform. There is Free Group Chat (just put your username), don't forget to click on Dark Theme, it looks good at night.

Not sure where the button is for chat, looked in the forum too (Me is member now)

You do have drop down that shows option of USD so i can see your going to add EUR, GBP later so
good thinking batman but i would also add BTC to the list and dump it from the table because
0.0012345BTC means nothing to me and take up prime screen real estate

Ripple by the way you cannot mine !
756  Bitcoin / Project Development / Re: We started a cryptocurrency live sync prices platform, take a look on: January 21, 2018, 03:32:01 PM
See you on cryptolivecap.com - Chat Group, join the Cryptocurrency Discussion

Hi

Yes i just popped over to take a look and shock, horror it looks like it allows people to leave a comment
without becoming a member which I like and is how "Free Speech" use to work

Think I need to keep an eye on you guys because it's looking good so maybe you will be here to stay

757  Bitcoin / Project Development / Re: We started a cryptocurrency live sync prices platform, take a look on: January 21, 2018, 03:05:41 PM
https://cryptolivecap.com/ - A brand new top notch platform with 1000 TOP COINS - prices with live sync. Go take a look and inspect the TOP 1000 cryptocurrencies

Search, multiple filters, mobile support, forum.

We shall wait for you opinion.

Very nice and added to my bookmarks and i like how you can order the table by clicking the headers
so do you have REST API so we can pull the data ?

I note your using ASP.Net and what would really look good is if you did some squiggly little
charts to go with the data like coindesk does which is not hard to do in .Net if you have a slimed
down copy of price data or be dirty like me and just steel the images using a web-socket

See https://coinia.io/ for another view on how data can be presented that I find useful

758  Bitcoin / Project Development / Re: Win cryptocurrency with Twitter [Faucet-Tweet] on: January 21, 2018, 02:51:03 PM
You mean us bottom feeders can earn $5.00 a day if we spam twitter like !
spread the word so to speak about a coin that we know nothing about and
then if we are lucky get paid in BTC instead of MoonCoins  Cheesy

This forum is for project development and i think you need to
be posting in marketing or some other forum
759  Bitcoin / Project Development / Re: Lightning Network is a banker scam part one on: January 21, 2018, 02:22:52 PM
When I realized how Lightning Hubs works, I thought of the same thing too.

If they all want Bitcoin to be used in purchasing coffees, use/integrate/partner with a 3rd-party wallet that was designed for micro transactions.
Designed to send and receive (without using the blockchain) funds within their system.
It is meant for small payments so, you only need to send some funds to that wallet to be used for buying coffee or something else.
Find a coffee shot that accepts "that" payment method and Voala! no transaction fee micro-transaction.

The trouble comes at the end of the month when you settle the account and get hit with a $30 as you coffee bill
gets added to the block-chain so this is P2P and without banking hubs you would need to also open and then pay to close
channels with your food store and the burger stand each month.

I spent an hour reading the lightning white-paper today for a second time and regular wallets that you or I use
won't implement everything in the protocol because it becomes complicated but you can guarantee that the banker
hubs will take an advantage of this to their advantage and understand all the tricks in the book.

Quote
Financial Smart Contracts and Escrow. Financial contracts are especially
time-sensitive and have higher demands on blockchain computation.
By moving the overwhelming majority of trustless transactions
off-chain, it is possible to have highly complex transaction contract
terms without ever hitting the blockchain.

and also

Quote
Miners may elect to refuse to enter in particular transactions (e.g. Breach
Remedy transactions) in order to assist in timeout coin theft. An attacker
can pay off all miners to refuse to include certain transactions in their mempool
and blocks. The miners can identify their own blocks in an attempt to
prove their behavior to the paying attacker.

What button will I press in my wallet to create "highly complex transaction contract" and
where is the button I press to bribe the miners to do XYZ


if things are getting this complicated just to record balances in a public BC then
something is looking very wrong to me
760  Bitcoin / Project Development / Re: Lightning Network is a banker scam part one on: January 21, 2018, 02:06:46 PM
What you are not adding in your "story" is the following. When the Lightning Network is implemented, most of the micro transactions clogging the network at the moment, goes off-chain and this leads to a reduction in the miners fees. <You cannot convenietntly use $30 miners fees, which is currently happening with a congested network, to make your point stronger>

Fees of $30 is not far of the current price and no one with a brain cell is doing micro-transactions using Bitcoin just now
unless you consider $100 as being micro payments instead of a few cents so I cannot agree with you here.

Quote
Even with the LN the Mempool will become congested again in the future. <because adoption increase> and then the Block sizes can be increased to manage that. <As Satoshi suggested>

Everyone seem to think, the Block size with the LN, should be fixed, but it is not the case.  

Playing with block size and timings like ETH has done can improve the network and in theory Segwit should had
helped but in practice fees continued to increase since its introduction so we must all be using the currency wrong.

What the developers are doing here is saying the car engine is broken, you need a new one that runs on "Banks"
instead of "gas" but really the old engine just needs fixing and they need to apply distributed processing to the
block-chain itself and brake it down into manageable sized chunks.

Block headers are quite small and are connect like a linked list to each other but instead of containing the block
itself it could just become a pointer to a collection of nodes that process the block data or we could have block ranges
in the header like is used in Whois

This approach for sure would turbo boost the network way above IOTA speeds but would still be kicking the can down the road
because the headers would become too big in time if we all start sending $0.01 to view VIP web-pages but all
spending over say $0.99 should be on the public BC or we may as well not have one in the first place and if other
networks can present a public view of a large block-chain then so can we without using banks

Here is the white-paper https://lightning.network/lightning-network-paper.pdf
needs chucking in the bin if you ask me and I am far from being alone in saying this






 
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 [38] 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!