My 0.003 trades were actually below the market rate of the time, and may in fact be the lowest-value BTC trades ever. I had measured that it only cost me 0.0007 USD per BTC in electricity (at 7.8 difficulty), so 0.003 seemed sufficient to me...

I was just going through all of my account histories, and it struck me how hugely the value of Bitcoins have risen. Not even a year ago I was making trades like this:

value of the dollar afloat


So if I'm not willing to exchange, I'm useless strips of paper? 


whatever we most love or excel in.


Replace the comma with a period or colon.


confirmations are considered


Say "computers" and it's good.

Good pitch. It's more accurate than BitcoinMe, and it's also written better. There are many grammatical errors, however.


The comma after "do it" should be a colon.


someone, too, since


After all, unless


and services, they

Also, "they" is ambiguous -- it could refer to either the people or the dollars.


Replace the comma with a colon. Also, to me the "there's" seems to refer to the previous sentence, which sounds odd. Use "that's" to refer to the previous sentence or "there is" or "there exists" to refer to a fact.


done for you, and, thanks to money


I'd write "easily-printed" and "easily-created".


Replace the comma with a colon, em dash, or semicolon.


Replace the comma with a colon, em dash, or semicolon.


Replace the comma with a period.


Replace the comma with a semicolon. (A few joining words like "rather" after the semicolon would also look nice.)


I'd say "money-printers", though I don't think this is required.

(I'm looking at your revised version for the rest.)


Replace the comma with a colon, em dash, or semicolon.


"Anyone" is singular, but "their" is plural. Replace "their" with "he", or replace "anyone" with "people" and make the sentence plural.

(I do this same thing in informal writing, but you wanted to see all errors...)


Specify that the fee is attached to transactions.


3 bitcoins now, but maybe in the future


Users should not be encouraged to rely on a single confirmation. It's not that hard to reverse a transaction with only one confirmation: ArtForz or slush could do it easily.


Replace the comma with a colon, em dash, or semicolon.

You'll still store non-standard transactions if someone else puts them in a block. You'll then have to transmit the transaction to anyone who requests that block from you.

BBE now publishes RSS feeds for addresses. Your browser should be showing you an RSS option on all address pages. Should I include a human-readable link, too, you think?

This is useful for tracking your own transactions without having to run the client or log into your e-wallet. You can also get emailed about your transactions by using one of the many RSS-to-email providers.

The feed shows the last 20 received transactions, with the newest transactions first. Sends are not shown since they are mostly uncontrollable. The links all point to the address page right now -- eventually I will have them highlight the specific transaction on that page.

Full network nodes can't prune unspent transactions, so the attacker could just not ever spend the image-transaction.

It's probably not illegal, but it might become a controversial. The 10kB limit on transactions would allow a low-resolution image to be included in a single chunk. Maybe generators would agree to purge it by re-doing some blocks (though this is probably not sustainable).

This is another benefit of having a "backbone" of generators: only the generators would have to deal with the legal risk, while normal users wouldn't actually be possessing any illegal data.

I run Windows 7 on my main computer, though I use Linux through ssh nearly every day.

Too many of my favorite applications are Windows-only, or I might consider switching.

The site looks great!

Suggestion: accept payments with 0 confirmations immediately, but then delay paying any winnings until you get 1 confirmation (or more for large payments). This is a better experience.

Only generators need to receive transactions and full blocks. In the future there will be a group of "backbone" nodes that handle all this, much like ultrapeers in Gnutella.

It's not about "freedom", but property rights. Any enforcement of copyright allows you to control my use of my real property. In your example, Alice would be infringing on Bob's ownership of his own body, which would not be OK.

Interesting -- the checksum for that address is wrong. Maybe a bug in Bitcoin? The actual address seems to be:
1F417eczAAbh41V4oLGNf3DqXLYBmgs6s

Bitcoin clients will always ignore invalid blocks, no matter how long the Timecoin chain is. Timecoin could treat Bitcoin blocks as valid, but this would result in Timecoin being identical to Bitcoin unless Timecoin becomes bigger.

listreceivedbyaddress 0 true

That data was compiled by ArtForz, who is using more efficient mining code. Those might also be theoretical maximums.

There needs to be more content. Ideas:
- A summary of all recently-launched Bitcoin sites.
- Economic articles.
- Speculation/fiction about the future of Bitcoin.

I didn't learn much from the interview because most of that information is already on the wiki. An article based on the interview would have been more interesting.

That's an issue with a third-party miner/pool, not Bitcoin. Not everyone needs to be a miner, so this problem is not a "threat to Bitcoin".

Pooled mining doesn't use port 8333, and you can do it without even running Bitcoin, so this is probably something else. Try using a different miner. Maybe your firewall or router is blocking outbound port 8332.

Even if the port was changed, Bitcoin messages are easily identifiable, as they are not encrypted and always start with the same four bytes. Instead of adding complex steganography/encryption to Bitcoin, Bitcoin is capable of running over Tor, which has done all of that work already.


Bitcoin prefers not to make outbound connections to non-standard ports, so you wouldn't get any incoming connections. You could still connect, though.


You don't need any open ports to connect.

Do you still have that coin? It's probably already worth 300+ BTC in collector value, and this will increase.