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Deep Blue clearing its throat ....
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There is a fundamental problem with fractional reserve banking, and i don't think it should exist at all in a free market. Fractional reserve banking is a bluff, everything goes along fine until someone calls the bankster's bluff. A free market doesn't bail out bluffers and losers with tax-payer extorted loot ... we could all go to Vegas and get Barney Frank on the line when we're in the hole for a few hundred billion. |
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No, not a movement, that is politically driven typically (or sometimes just simple hunger.) It is a technological development.
A new form of money is not a technology that updates very often, think favour economy to metal tokens to backed paper notes to centrally-cleared fiat digits took thousands of years.
Decentralised verifiable electronic tokens requires quite a few layers, electronic hardware, network layers, OS and crypto IT ... quite a bit of tech. to get to this point.
So not a movement, a tech., like karma credits that come back and bite you on a lazy, scheming bankster's ass. Crypto-currency is to paper cash like the car was to the horse and buggy.
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Bitcoin - voluntary wealth redistribution . Nice, catchy too. Like "Voluntary Socialism" .... or decentralised communism. |
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Just wondering if the blocks found by the slush pool has required transaction fees?
And how are any transaction fees contained in the found blocks split up by the slush pool?
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The "Invalid or Stale" rejection message should be split out into two error messages if possible,
That way miner side can trouble shoot when receiving a lot of these errors. If it is string of stale then it maybe a comms. problem on miner side (or pool connection possibly down).
Alternately, if it is a string of Invalid blocks then it maybe a computation problem on miner side.
A regular trickle of Stale messages indicates just the bad luck of timing and is situation normal (FUBAR).
Either way splitting the error message would speed troubleshooting and save confusing/conflating the two issues.
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In linux I issue a $./poclbm and get in return - AMD Phenom(tm) II X2 555 Processor
[1] Cypress
[2] Cypress
yet I have HD 5970 installed, so it should return 2x "Hemlock"no?, or is it really just two Cypress GPU's on same card?
Has anyone actually seen this command query return "Hemlock".
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When the gamers start unloading 5970's when the next greatest Nvidia comes out then miners will be scooping them up ... there are refurbished sources around if you can find them.
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The thing about "big" traders is that one day there were all "small" traders ... but not many vice versa.
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He spells it out in good detail if you read it carefully.
4 hd5970 cards, 1 mobo.
4 PCi-e extender ribbon cables, each one modified to have 5 12V cores soldered into 1 12v (yellow) 16AWG from PSU ... it doesn't really matter what connectors you use if you know what you are doing.
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grondilu: I also wonder if all communications could not be done using HTTP. Blocks would be published via http GET method (giving the hash of the preceding block), and transactions could be sent via POST method.
One advantage of using http would be that it would be very hard for governments to forbid. Where did you get to with the network connection side of this, netcat could be an option. I agree that a Busybox dependency limitation would be a good place to put some boundaries to begin with. |
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At the very least they will make several backups and tell a family member about them. Or the wily, mischievous old guy could make several identical back-up wallets and bequeath a copy to each of his undeserving relatives in his will. |
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I just get used to the fact that every thread on this forum goes off topic sooner or later... And dang it, it is only in the threads that I'm commenting in ... I wonder why that is, eh fella? |
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Let's say 1 millibitcent (1e^-8) BTC is 1 satoshi, the practically smallest denomination at present, then there are 100 million (1e^8) satoshis in a bitcoin.
5.55 million (5.55e^6) BTC have been generated to date, that is, there are 555 trillion satoshis (5.55e^14) in circulation.
Look after your satoshis and the bitcoins will look after themselves.
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F. Hayek's "Road to Serfdom" is a bit of a foundation stone to get one started with.
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Would that be a bash hash or a hash bash?
Bang hash bash
Hash bang boom!
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Why wouldn't you have just called the service some suitably obtuse technical euphemism like
"Bitcoin transaction randomisation"?
Actually calling yourself a (bit)money laundry is asking for attention.
Hide in the geek speak and you'll be fine, the gubmint drones are clueless. The SEC was watching porn while Wall St. raped America.
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