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I'm not quite following the point of all this --- You're basically running a venetfx passthrough. . . since venetfx accepts bitcoins as well, where's our advantage to using your service?
It's not like you're adding btc pairs into the mix (I long for the days of the 'big 7' ) so exactly what value are you adding over us going direct?
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So my questions are:
1) Who provides the block header to hash, the pool?
If so, how does it split up the nonce range between workers?
How does it update the workers when new transactions come in and the Merkle root updates
or when the Timestamp field changes?
Strictly speaking that would depend on the pool. 2) What prevents a worker from submitting the proof of work and getting the block
rewards without sharing it with the pool? It's because the pool's block header is made to
send the rewards to a Bitcoin address controlled by the pool operator, correct?
Yes, that's correct. 3) What prevents the pool operator from claiming the block and not sharing it with the
workers? Obviously this doesn't matter for pure pay-per-share pools, but what about
proportional pools or the PPS variants?
You have to trust the pool operator. Which is why so many pools show lists of payouts etc. |
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Not one of you know anything about this so why are you all commenting saying BFL is a scam or not? Can anyone prove anything here? No. Time will tell. I dont think they are going to run off with peoples money. But I do think that most people are going to get theirs in the summer of 2013. IF you think otehrwise you;re silly. Look at their marketing and their promises of delivery. They keep getting pushed back. Then when people start wondering what does BFL do? Thast right the increase hash rates by 50% for the same price. When things are too good to be true they usualy are. Hope you guys get what you;re looking for.
I can prove that BFL has shipped product in the past. The thing is --- the type of technology they're developing isn't cutting edge... its old. Nobody bringing 'state-of-the-art' tech to the table. Not as it relates to computer science as a whole. We've got 23nm silicon being grown now... BFL is making what... 90 or 120? The point is, it's not like they're trying to compete with Intel or AMD for the "fastest" chip ever made. They're bringing tried and true tech to a market that's never had an asic before. It's a first step. I'm betting that we'll see all pre-orders shipped before the end of 2012 - and the skeptics will be wishing they'd taken the risk. |
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It's not even a jump forward in technology. It's making use of existing technology in a field where it wasn't used before.
If these "ASIC IS A SCAM!" people have a vested interest in trolling people out of buying ASIC hardware, then more power to them. I don't have the stomach for pretending to be an idiot to make a few extra dollars. However, I really think most of these people are being honest. They ACTUALLY don't believe ASICs exist for ANYTHING, let alone that they could be made for bitcoin.
I have a degree in computer engineering, but what do I know? I guess that class I had in college about VLSI design was just a bunch of lies. Only Intel and AMD have ever produced an integrated circuit.
Sure, any of these companies could be a scam, but designing an ASIC is honestly a trivial matter for a properly funded company employing a handful of properly trained, mildly competent engineers. Calling a company a scam because of shady business practices is one thing, but calling the company a scam SOLELY because they claim to be producing an ASIC, as if it's some sort of mythological creature nobody has ever seen, is outright ludicrous.
Another thing driving me crazy currently:
"I know what an ASIC is!" then five minutes later "so will I be able to use it for other purposes besides bitcoin?"
+3 Also I think that just about winds up the thread. |
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Been working on getting the new office space ready, and speaking to that I have had one customer who has volunteered to fly in to upstate NY to help getting the bASICs ready to ship. I am going to need at least 4 more full time workers so if anyone is seriously interested in coming up for 1-2 weeks and helping me load firmware on the bASIC units, package and ship them out please contact me. The more people from the Bitcoin community I can get the better.
I might be able to manage that - I don't suppose you'll pay us with hardware? About when would the trip need to be? |
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Oh wait no I don't think I will actually, If I have a question and don't see the answer, I'll go ahead and ask it. You are welcome to avoid my posts in the future however.
So to answer your original question. strictly speaking, The address doesn't exist until after something is sent to it. That being said, the address is simply a public key. The private key (which is what you use to generate the public key) is stored in your wallet. It's possible that you or someone else could randomly generate the same key pair... unlikely in the extreme however. |
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@firefop
I am not sure what you mean from your description.
Do you mean to have separate instances of MultiBit running, one each for each wallet?
Or something like a browser, where there is one tab for each wallet ?
In the former case, you have probably noticed that you can only run one copy of MultiBit at a time. This is because it is frequently writing out updates to the wallet files. Having multiple processes writing to the same file (e.g. two copies of MultiBit having the same wallet open) is very tricky to do 100% reliably.
In the latter case, the list of wallets in the 'Wallets' panel are functionally the same as tab headings but just arranged vertically instead of horizontally. They are styled on Microsoft Outlook. Arranging them vertically leaves the horizontal dimension (i.e. the current tab headers) to swop between functions.
so why not simply open all the wallets - then you wouldn't have to worry about your zero% issue - or would that increase the footprint of the software too much? |
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Look at the daily chart with a 100 day EMA on it... notice where we bounced hard after the crash from $15. Then pop the 50 day EMA on there and see where we've found support since then. Unless some serious volatility comes out of nowhere, that 100 day EMA won't be broken for the foreseeable future and the 50 should act as significant support. The 100 day is around $10 now and the 50 day is approaching $12. A huge rally above $15 in the coming weeks, on solid volume, would be a technical breakout on an insanely bullish chart. In Mid-August we were insanely overextended at $15+.... but now that our price has developed significant support around $10 and $12, we are primed for higher prices.
I view the release of asics as having the potential to break that support. In fact I'm sure it will happen - the only question is when and for how long. Personally, I'm getting my bids in now so I'll automatically go long when it happens. And of course, I'm buying asics with fiat. |
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Yah or you could... ya'know look at it yourself.
time as an index is useless when looking at ranges between 1 month and 1 year. --- also any projections beyond the short term (week/month at best) become fuzzy due to outside forces you can't possibly predict.
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Yes that is the plan exactly as you state.
The work I mentioned on protocol buffers (which is a data storage format that is easy for both Java and C++ to read) is a good opportunity to add that information into the wallet.
Also with bitcoinj you can have several wallets 'listening' to the transactions coming from the network simultaneously. I will be using this with the multiple wallets screen.
Note that any MultiBit wallets created in 0.1.3 will have an upgrade path for any wallet format changes so people probably won't even notice the change.
Here's a better idea - why not simply start an instance for each wallet - and have tabs to control them. |
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Nice to see good press... on the otherhand - we're about to a slight (2day?) downward trend...
but it should be slight - probably just under 12 before it starts climbing again.
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I don't disagree entirely and I am sorry I didn't buy more when it was $5.50.
That being said, as a long term personal investment buying btc works.
But if we're talking about a long term investment in the bitcoin network... then we're talking about mining then spending the coin to fund growing businesses that use bitcoin. Growing the network and pushing it to become a mainstream payment processing network is key to enabling long term personal investment stability.
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Why is this man a douche? What is wrong with limiting your obligations until you can easily meet them?
The entire point of human existence is relationships. Money is one way to enable that... this is what people who are honest with themselves understand. |
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Also,
mathematics (someone give some details?),
geometrics & patterns,
probiotic medicine (still not in use today actually),
different attitudes to trade and economics than the jewish & christian environment before - anyone give more info?
Formal Mathematics, Greek origins - predates islam. Geometry (and volume calculations!) - Greek again. Probiotics - Egypt, antibiotics through fermentation of beer. (seriously check it out - they were brewing beer that had tetracycline in it). Trade and Economics - maybe, depends on what exactly you mean - Historically, islam is considered by most historians to be the origin of organized crime. |
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First off - 'facts' aren't factual.
Astrolabe wasn't an islamic invention: see Claudius Ptolemy (ca. AD 150) who wrote extensively on it in his work known as the Planisphaerium. Which predate islam.
Distilled water has been known since at least c. 200, when Alexander of Aphrodisias described the process.
Second - implying that religion is the basis of invention is false in general. I could just as well imply that "because most theoretical scientists are atheists" then it must mean that God doesn't exist.
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wouldn't want an apple lawsuit would he... lol
+1 OP ~ nice troll.
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Thanks...but I think it would be out of my budget. I was checking prices and two cards, plus your cost, would be too expensive. I may go with 1 card then.
Thanks for the info!
Glad I could help. |
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Forgot block reward halving, will happen before the difficulty increases 40x?
I suppose that depends on how fast BFL ships orders - but really the btc adjusting to lower supply should drive prices up enough to not make it matter... and it probably won't hit 40x for awhile... so I feel pretty ok with just ignoring it for now. |
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Be careful not to violate any fair credit collection laws.
You know - someone should look into this - I'm betting there are a few of the less reputable collection agencies who'd love to make his life hell. How are people going to prove to the collection agency that pirate owes them money? Unless a collection agency can provide proof of the debt, they can be fined every time they contact the debtor. Even if they can provide such proof, they can still be fined if they are told to contact the debtor in writing only and they continue contacting the debtor or others by other methods. Collection agencies generally want debts they can easily take to court if the debtor doesn't pay. Which is why I said "less reputable collection" |
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