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761  Bitcoin / Bitcoin Discussion / Re: [POLL] Multi-sig or scalability--which is more pressing? on: July 22, 2012, 03:57:20 AM
Multisig support was already (re)enabled in the protocol with the last release.

Scalability is not on the backburner at all. Right now there's a ton of work going into it:

  • Myself and Stefan are upgrading the Satoshi client to use LevelDB, which eliminates IO as a bottleneck on hard disk based nodes. This should make blocks and transactions propagate a lot faster across the network, which in turn should mean mining pools find it profitable to include SatoshiDice transactions again.
  • sipa and Matt have been experimenting with different ways of doing pruning, which means you can have a full node that doesn't store the entire block chain. Sipa also has refactored some of the core TX verification code in a way that'll make it easier to multi-thread in future.
  • Jeff has been doing some initial work and design proposals for connection filtering, which is needed to make bandwidth usage for lightweight clients linear in wallet activity rather than system activity
  • Just generally a bunch of us are working on bitcoinj, which is a lightweight (SPV) implementation of Bitcoin which scales with wallet activity rather than system activity. Eventually nearly all users will be using SPV clients, meaning they won't have to download or process the whole block chain. We can already run Bitcoin on mobile phones, which is a big achievement, but there's still plenty of work left to do.
  • Gavin has been finding ways to make hard-forking changes much smoother and easier in future, which will be important when we reach the 1MB limit.

If anything I'd say right now most development effort, at least from "core" developers, is going into scalability.

this is really encouraging.  thank you guys very much for your great efforts.

This! Smiley
762  Bitcoin / Bitcoin Discussion / Re: Dwolla's SSL certificate has been revoked? on: July 22, 2012, 02:05:54 AM
yep
763  Bitcoin / Mining speculation / Re: ASICs this year? on: July 21, 2012, 05:35:36 PM
Yes. If you think of it like business person, BFL will try their hardest to release ASIC before the reward halving occurs (Dec 9), to attract more potential buyers.
But of course, if you have your own agenda, biased or hate BFL so much for their previous treatment to you, you'll instantly vote No in this poll.

BFL has enormous incentive to convince customers (and themselves) that they will be the first ASIC to hit the market. They know they make bank on preorders. With that in mind, October is probably pretty early. When their product is finally released, they will continue to sell to those who waited it out, as long as the product is good. The preorder crowd will be disappointed, but their money is already locked down. I would surprised, impressed, and excited if the preorders are filled before the big day.
764  Economy / Service Announcements / Re: [Announce] "Pay What You Want" at CoinDL - downloads marketplace, Bitcoin-only on: July 21, 2012, 07:18:59 AM
2nd Edit: My app has been approved. Turns out, I only have .m4a files, so I'll have to hassle my roommate for some .mp3's when he gets back into town.

m4a is a container format and inside them may be audio encoded either lossy or lossless. If the files are large enough to be lossless, feel free to upload them and we'll encode them to MP3 320kbps. If they are smaller they are likely already compressed in which case it's best to wait until you obtain the tracks in mp3 format.

They are at 256 kbps, must have been a CD rip.
765  Economy / Speculation / Re: Guesses on when we'll break $10 on: July 21, 2012, 06:25:36 AM
When Gox goes live again, we may have our answer.
766  Economy / Services / Re: BitCoinTorrentz.com - Torrent Download Service on: July 21, 2012, 06:16:30 AM
can't initiate a download... after entering magnet or torrent url and hitting "continue" button, browser times out on "bitcointorrentz.com/uploader.php"

Same for me yesterday. I was trying to show a friend how great a site it is.
767  Bitcoin / Bitcoin Discussion / [POLL] Multi-sig or scalability--which is more pressing? on: July 21, 2012, 06:12:10 AM
I know these aren't entirely mutually exclusive.

I am specifically talking about blockchain size/transactions-per-second vs. multi-sig enabled transactions.

My opinion: If bitcoin suddenly absorbs rapid growth and becomes badly bottlenecked, its image will suffer greatly. Multi-sig seems to be more of a luxury feature, even though it does open up a lot of possibilities for the use of bitcoins.

But it seems that scalability is very much on the backburner for now.

Edit: Mods, this may be more suited for dev/technical discussion board.
768  Bitcoin / Bitcoin Discussion / Re: what's next for Bitcoin? on: July 21, 2012, 06:03:31 AM
Volatility is also a very hard pill for newcomers to swallow, even when taking into account paysius and bitpay. That will even out in time through growth and adoption, though, when it becomes more difficult to single-handedly manipulate the price.
769  Bitcoin / Bitcoin Discussion / Re: The BitcoinCard : Vienna, Austria Workshop on: July 21, 2012, 05:28:53 AM
Sorry to dig this up...

How would double spending be prevented on a mesh network like this, if a little mesh cluster didn't have access to a dongle node?
770  Other / Beginners & Help / Re: I made 100BTC with Satoshi's dice. Is this normal? on: July 21, 2012, 05:03:26 AM
Well, you guys were right. I ended up losing it all in a couple big bets, then I got back up to 30 BTC before losing most of it with the martingale strategy. Now I'm at zero. It's a weird feeling, to go from $0 to making $1000, then back to zero in a few days. Maybe I'll try Satoshi's dice again, but I've learned to quit while on top, since it's incredibly easy to lose massive sums of bitcoins QUICK.

I guess I just answered my original question. This is how the site stays afloat.

This just kind of pisses me off. But, hope you had fun and learned a few things. Don't do it again.
771  Economy / Lending / Re: Help Want to Lend 22BTC long period please on: July 21, 2012, 01:43:22 AM
I have a few questions for you, in order to determine if I want to make the loan:

1) How old are you?
2) What is the source of your $30 per month allowance?
3) Is English your native language?
4) Where are you located?
5) Please describe your current mining rig.
6) What are your electricity costs?
7) You said you had other ways to pay (other than your allowance I assume).  What is your current job if any?  Have you ever held a job?  If so, doing what?

One more:  Cool How long have you know about Bitcoins?

that was a real smooth question there
772  Bitcoin / Bitcoin Discussion / Re: what's next for Bitcoin? on: July 20, 2012, 10:45:51 PM
Amazon or another large online business accepting them as payment.
773  Other / Beginners & Help / Re: I made 100BTC with Satoshi's dice. Is this normal? on: July 20, 2012, 10:43:26 PM
Chasing doesn't work for martingale. All will be lost. ALL.

Martingale's are for stepping up to a roulette wheel for 15 minutes and leaving with a few extra bucks looking like a champ in front of your friends. Not chasing.

The longer you play, the probability of you losing everything quickly approaches 1.

For the love of god, don't do this.
774  Economy / Service Announcements / Re: [Announce] "Pay What You Want" at CoinDL - downloads marketplace, Bitcoin-only on: July 20, 2012, 10:33:19 PM
I'm waiting for my application to be approved.

Some of my friends formed a folk-rock band, and recorded an album. They sound sort of like a grittier version of the Avett Brothers. Or maybe more like Bob Dylan. They're no longer together, but two of them, including the frontman, just started recording and performing under a different name.

Anyway, I'll upload it under "pay what you want" whenever I get cleared. It's on itunes too.


Here's a music video they threw together once for a contest (no, it didn't win, but a great song).
http://www.youtube.com/watch?v=Sru8-a3_BfQ&feature=related

Edit: the member who manages their sales is my roommate. Proceeds go to the band members.

2nd Edit: My app has been approved. Turns out, I only have .m4a files, so I'll have to hassle my roommate for some .mp3's when he gets back into town.
775  Other / Beginners & Help / Re: I made 100BTC with Satoshi's dice. Is this normal? on: July 20, 2012, 08:57:43 PM
I messed around with a geometric progression (the one time I chose to waste my time on dice) where i would bet
1%
2%
6%
18%
54%.

 I made a lot of money, then I lost it all. It was quite addictive, because with each subsequent loss, your possible return multiplies. Great, expensive fun.
776  Other / Politics & Society / Re: How does ancap deal with an oil spill? on: July 20, 2012, 05:32:26 PM
Remember when DOW had that plant explode in India? Lots of outrage, but no reparations were made.
777  Economy / Speculation / Re: Crash!!!! on: July 20, 2012, 05:25:48 PM
this is heavy bull. These bouncebacks are incredible. People want coins.
778  Other / Politics & Society / Re: How does ancap deal with an oil spill? on: July 20, 2012, 07:16:07 AM
(I'm the oil company)

Fuck you and your fish. I'm not paying jack shit. I'm going to continue raping the earth because it makes me filthy fucking rich. You want me to fix everything and pay those bleeding-heart fag-loving commy hippies on the beach, wiping off the black, slimy, baby seagulls with baby wipes and a motherly touch? Sorry. That doesn't make me money.
Fuck you and your oil. I'll drive electric.
What's that? you don't like it? You are paying a private agency to attack my offshore rigs with guns and boats? I'm filthy fucking rich. My guns are louder, dick longer, boats bigger.
Hmm... No, your dick is not bigger than my aerial bombardment. We can climb this tree, if you want, or we can negotiate peacefully. Your choice.
What's that? You want to start your own rigs and run me out of business because consumers hate me and would rather buy your hippie fair-trade certified oil? Too bad, because the entry is too damn expensive. No, you know what? I'll let you waste millions to get your kickstarter funded rig up and running. Then I'll lower prices, because I can, because I paid off these rigs 20 years ago. I will drive you into the dirt.
/devilsadvocate
Hey, sure. But my hippy-friendly oil rig is paid off, and my payroll account is good for a year, because the people really fucking hate you. My kickstarter campaign tripled my goal. Free gas for everyone! How long can you keep that up, and the defense of your rig(s)?

Lol! Good points here.
779  Economy / Lending / Re: [ISO] 40 BTC Loan on: July 20, 2012, 07:03:43 AM
pm sent.

received and funds received
see you August 28th if not before
Thank you.

Glad to help.

Best regards,
lending bob
780  Economy / Lending / Re: [ISO] 40 BTC Loan on: July 20, 2012, 06:51:21 AM
pm sent.
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