You guys are going tinfoil hat again. Admins had a small amount of BTC and some Points float to resolve any customer issues that arise. All I had to do was send that guy some coins to fix the error we had. I probably sent it via trade key even. I thought I was fair to him and it was good compensation. I don'e see it, but if there was a source code question, odds are someone updated me with a message saying there was a fork or update on a wallet and I asked for the code so I could send it to one of our wallet guys and save some time.
When someone says...Hello,
Do you by chance have link to the source code of the newest wallet? I can check against ours and see what's up.
.. it can only mean one thing ! YOU HAVE ACCESS TO THE FUCKING CODE !WTF !! You're a coder/dev too ?  Did you go to the same mudderFUDdin dev/coder school as Crustynton and meee ?? LMAO Happy Newb Year dumbass !  Actually, It does not mean I have access to the wallet code. Our wallet status page ( with no accessible code) lists the version number and block of the wallet we are on. This allows customer service agents to see if they need to report a chain that is off or something when comparing to current block on explorer. You are twisting words to make what you want, but you are dead wrong. In this case, I assume someone asked if we were on the current version. I asked for source of coin to see if it was wallet version we were on. Simple as that. Sorry, no conspiracy for you today  Sorry to disappoint. I am 100% on Horus's side here on this particular point -- It is more plausible than not that customer service agents (and horus) would have access to basic info like wallet version. Even the public can see a simplified version of what Horus describes here: https://www.cryptsy.com/pages/statusIt would be absolutely trivial to add wallet version to it. Sorry Hippie Tech, nothing to see here, but I'm sure there is elsewhere. My current leading theory is that BigVern is under a gag order by US. Govt. because of their involvement with GAW (and possibly other issues, such as many occasions where accounts had negative balances b/c of Cryptsy's flawed trade engine), and is unable to allow withdrawals as the feds have seized the cold wallets to perform an audit. This could explain why deposits still work and rarely someone reports a very small withdrawal working after huge delays, and why BigVern might not be allowed to tell others what the real issue is. Many times, these kinds of gag orders and investigations are performed in secret, so only those who absolutely must know about it are informed and everyone else is left in the dark. Increased KYC scrutiny is also explained by this as cryptsy would want to get their shit together ASAP if they know the government is looking at them, so they would force people to upgrade their verification level. I respect your insight about Horus. Interesting, if the other is true and they (whoever they are) allow Cryptsy to continue operating. |
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Hmm weird.. i noticed before the IRC MOTD had changed right around when BitJohn wiped that forum topic out.
Then now i see it's restored back to the OCT 2014 forum link message.
I have not reconnected to the IRC channel in weeks maybe so i don't know when this change occurred.. STRANGE !
Is that the Y2K Bug ?
What the fuck dude! You gettin' you back pain medicine off Tor? Hmm maybe AlphaBay i think buddy called it ?  But i could prob dig up the older post i made before on that but this topic is soooo long Just chalk it up to the med's i can't be bothered searching to prove it hahaha So what do you guys think ? Did i hand that excuse to Horus on silver platter ? I said what he said first I do believe him though. Funny, for I knew you were gonna pen the above, with proof being a post I penned in 2009 on the original BitcoinTalk forum which I'll get a screenshot after I finish with this eggnog enema. |
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What the fuck dude! You gettin' you back pain medicine off Tor?
This explains so much. TBC, just friendly banter between him and I, albeit it does explain so much.  |
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my 5 minute idea in visual form  description of above the main post of topic has its voting linked in the subcategory. and also the links for things like github, irc, litehouse (which only show if the author adds links) below the authors post is the sub-discussion area where people can vote up and down the sub comments.  description of above the links in the list make the built in player play the video selected. (yea i havnt thought through how to display the links in a more user friendly way.. but you can always get idea's from how vimeo, youtube or other place displays links  description of above kind of self explanatory yes it's ugly.. but all it takes is some alternative hybrid of a forum to let people come together and link idea's and help people get all the information they need coinsortium.org is available unless you're set on creating an organization with 'con' in it. Just saying. |
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This'll teach Marshall Long to never play the eggnog card on my ass: http://qntra.net/2015/04/garza-friends-additional-emails-detailed/Marshall Long of FinalHash
Text messages and emails between Garza and Marshall Long of FinalHash reveal a blossoming friendship which began with the assistance for the purchase of scrypt mining hardware from Marc Coumans now bankrupt (archive) Mining ASICs Technologies through to Garza's sponsorship of the Hasher's United conference held in Las Vegas last year. The relationship appears to have become strained once Garza pushed forward with his Paycoin endeavour. Long told Qntra that he provided Garza with input on his development team for Paycoin as well as proofreading the Paycoin white paper. Long comments:
FinalHash as an entity consults with somehwere around 75 to 85% of the Bitcoin industry however, as a company or individually we did not have any development involvement on paycoin project merely due to other obligations, the primary of which was time conflicts. As relates to any, involvement I can say that I proofread the white paper and gave my input on it to their Development team, which is standard practice when seeking an outside opinion on the structural integrity of a coin. FinalHash has done this also with many other coins, as a service. So this is nothing out of the ordinary.
Despite that response, emails reveal that not only did Long at one point consider developing the coin for Garza but Long also provided Garza with additional advice when Paycoin ran into problems. Attempting to win Garza's business, Long writes to Garza regarding the coin project that would soon become known as Paycoin:
If we are doing this let me know. I need to book flights and rooms. I need your companies address Best airport to use.
Regarding the cost to develop the coin, Long writes to Garza:
And we need to work out the cost structure.
You would be responsible for the following.
Travel and accommodation for just me.
My hourly consultation rate of $150 per hour
And then if we decide to roll on the coin then we will just eat the cost of my time and charge for the build out of the following
* Wallet QT (windows and OSX) and coind
* Source Code
* Wallet compilation
* Paper Wallet Generator
* Android App (if we donąt do POS)(if we want to make one with POS it will be a shit ton of work but we can do it)
* Merge mining capabilities
* And other necessities along the way
All in total cost would be $25,000 plus 2.5% of the coins.
Do you confirm?
And while Garza did not pursue Long's offer to develop Paycoin, Garza often emailed him for advice and support with Paycoin's development, complaining that he was not getting what he paid for and refused to pay anything further. Attempting to defuse the situation, Long told Garza that he won't pick sides and that Brad's crew, which is the team developing Paycoin is "renowned in the community". The emails make clear that whoever Brad is, he came at the recommendation of Long.
When Paycoin inevitably forks hours after launch, Garza runs to Long for advice. Long responds:
Here is the reality. The coin forked.. They are working on it now. I've not had time to pin point blame. My intuition tells me it is with your pool set up… But is just an educated guess because several peers were getting consensus and not u. Brads team is the tits.. But when he is on a hangout with everyone yelling and talking about how big pay coin is instead of focusing it is hard to get shit done. I'm in the Dev Skype now and they are progressing it seems
As Paycoin begins to crash and burn, Long shares his concerns of going to jail, tells Garza that he needs to turn down the volume on his life and that Garza should be careful because the "SEC is goin hard". As a headsup, Long tells Garza that there is bad news to come about him on January 5th and hints that Garza needed to get his money services business licence square ASAP.
Contacted for comment, Marshall Long provided Qntra with this statement.
As it relates to Jail, I was speaking "off the rip" so to speak, and any references to do with jail was merely in reference to the $20 floor, and other statements, Mr. Garza had made in reference to Paycoin's overall business model. Since I was in disagreement with him, I told him what was on my mind and stated, that promising such things so publicly could be suicide for him if the coin, were to crash. This seemed like a bad a idea at the time for him, and I stand by that opinion. |
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a forum-esq platform. where it links businesses, programmers, idea's together Three questions: - 1) Where are the businesses and programmers going to be sourced from?
- 2) Define ideas more concretely. It's a very vague term.
- 3) Do you have an example platform in mind already? Something like Bitcointalk or more like stackexchange or Quora? Would we need to build this from the ground up or is there something we could use?
where people can make crowdfunding proposals So there is a fundraising component? What do you have in mind? Something like debating the merit of an idea or the actual mechanics of sourcing funds? Is this a full funding stack or is a line drawn somewhere? or labour sourcing proposals, I assume there is an implicit notion of funding the labor via some new, creative and cool means? and also includes the tutorial, development courses and howto guides all in one place.... without the trolling and sig-campaigns this forum is bloating with. An education component is extremely welcome and something I have argued for three years. MOOCs, youtube videos and tutorials are high impact and low cost to make. Meetup groups make excellent distribution and curation engines. where each 'topic' has a IRC chatlink so people can informally discuss it and only use the forum posts for more official information. So there is a hierarchy of information flow. A topic and then a flow of conversation about the topic. I suppose it's like a stackexchange model where one has a question and then there are answers (your forum post idea) and then some connection to a chat service where discussions are had around the topic that won't necessarily be preserved. imagine it like combining this forum, with lighthouse(kickstarter) with each topic having an IRC chatroom.. where the forum topics and categories are organised and more professional.. So you're talking about a more effective platform to manage a decentralized community, vet their ideas and get good ones funded. I'd also love to see a memory in a sense of ideas that have been explored and tried. This notion extends before the founding of Bitcoin. Many of the cipherpunk ideas from the 80s are being revisited with our new technology and still have great merit. It's evident when you look at the Nakamoto Institute's reading list. I really like what you're on to and its an example of what happens when you say ok let's try to have a meaningful discussion about solving problems instead of just complaining about them. So say you wanted to do this, what would be the next step? well my idea is just in its infantsy..and just an idea at that.. but it would be a hybrid bringing a forum-esq, youtube-esq, github repository, litehouse, irc, even googledocs all into one platform. maybe not github/docs within the platform, but atleast the ability to link it in a manner that is standardized so that people are not searching for hours. as its part of each proposal. i cant exactly imagine the final design right now.. but if all the tools are in one place and membership is free, where people only pay for projects they want to see or be part of.. then it would be more about having the platform there to let it grow naturally by how the users interact, rather than some governing system limiting real world actions by having meetings just once a month or limiting to only a few proposals to vote on.. leaving it open to anyone who wants to do anything. where people can request help or funding or even just idea's, and yes even having the reddit/stack exchange/quora upvote-downvote thing where people can show free appreciation for certain topics, thus keeping the most valid stuff ontop. EG say 3 people propose to make a conference. each laying out the cost of hiring the hall, cost to cover speakers travel/hotel and suggestions as to how the profits from tickets will be split. people can pay a litehouse (crowdfund) to help fund it if they chose to, but also they can upvote for free the most desireable conference. that way the most popular locations sit at the top of the list. ofcourse anyone wanting to get funding will need to be transparent about who they are and the funds may even need to be released in phases as proof of progress is shown.. again still imagining it.. but it would need to be user-centric rather then chairman governed. Word! |
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Bruno you do bring up a very valid point about execution and accountability. These skills are among the most lacking in the space.
Yep! My IQ went up three points after I started giving myself eggnog enemas on an hourly basis. Back on topic, I nominate Marshall Long to be any new entity its President since he's been mining bitcoins since 2009, and Leroy Fodor, also mining since 2009, as Treasurer since his StakeMiners Ponzi accounting is bar none, perhaps due to him earning his B.B.A. from Ohio University in Athens, Ohio, later owning, then selling his toilet cleaning business in the Carolinas, and selling off his Forex practice portfolio to move to the Philippines where he owned the largest bitcoin mining farm powered by a west-facing solar array on a hot tin roof surrounded on three sides by coconut trees. Marshall Long currently has the 4th largest mining farm in all of North America, thus he'll probably forgo a salary for being President just like he opted to not get paid while acting as Cryptsy's CTO while introducing a clone of the exchange to China even though Paul Vernon denies such to be the case. I further suggest that Leo Iruke (FinalHash; Marshall Long's partner) be lead counsel for the new foundation. |
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Hmm weird.. i noticed before the IRC MOTD had changed right around when BitJohn wiped that forum topic out.
Then now i see it's restored back to the OCT 2014 forum link message.
I have not reconnected to the IRC channel in weeks maybe so i don't know when this change occurred.. STRANGE !
Is that the Y2K Bug ?
What the fuck dude! You gettin' you back pain medicine off Tor? |
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3) Do you have an example platform in mind already? Something like Bitcointalk or more like stackexchange or Quora? Would we need to build this from the ground up or is there something we could use? I'd say build it from the ground up. It should only cost about a million dollars if we use the same team who theymos hired to build this $1.5M BitcoinTalk forum we're currently enjoying. Perhaps, they can carryover some of this code to what's envisioned. (apologies if this post is delayed due to the forum going dark a third time this week) /s |
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i guess Ver has some fans LOL
it's gotten pretty quiet on this topic WOW !
Crypto is a joke.
The fact that big players can be exposed and no one gives two shits is simply sad & pathetic.
lol Sept 11 has been exposed, Crypto is legendary and u know it!!!!! Marshall has been tied to 9/11 ? Jeez who knew how big the conspiracy was WOW ! I can just picture him drifting his Shelby out of NY in the nick of time as the towers came down. " Crypto is legendary" ? Not yet.. Hero member still Hey Marshall see Gleb has a bottomless pit of info to post ? LOL Dude, don't be freakin' out Marshall Long like that!. You know damn well that "bottomless pit" looks like BBQ Pit when his tummy's grawlin'.  "Tell Marshall to hold his horses! His snack is almost ready." |
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Why would you want to do something like that?
Was it an implantation instead of his own thought? Did you know that the anagram for Implantation is Tampon Nail It? |
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2 options
1. phishing site where the link for the 'privacy policy' goes to a phishing site that then asks to login
2. Gleb signed up a couple years ago to claim the 0.05btc they were offering to new signups, and never used it since.. forgetting all about it
Definitely not #2, for I didn't try to take advantage of that offering, with this being the first time I've read about it. With the exception of trying (but never succeeding) to get bitcoins via faucets, I've never enrolled in any giveaways pertaining to any cryptocurrencies. The email of mine used is (I believe) connected with only one user account (honestly, don't know which one sans investigating) I have in my control on this forum. I'm almost positive I haven't used that email address for anything else related to cryptos. That's why I'm finding this email sent to me so odd. |
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Not my find. Hippy deserves the credit. Yes he does, because I have come to expect more from you Gleb old boy. At least some of the stuff you say makes sense. Actually, I see you posted on the 13th about the issue persisting for over a week. Looking at withdrawal of approx. 1 million NET, staking you would have received about 30 000 NET give or take a few over 2 weeks. Current rate this is about .039 BTC. I am going to compensate your account this amount. Please reply when you see them in account, so I know you got them.
Thank you again for your patience and understanding in the matter.
Horus
Admin- Cryptsy.com
Thank You Horus. I did receive your generous compensation. I understand that there might be some issues with my withdrawal and I hope that this issue will be resolved in a timely fashion. |
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Jesus and Saint Peter are trading cryptocurrencies. St. Peter deposits bitcoins into Cryptsy, conducts a few trades, then waits for a partial withdraw to get processed. St. Peter is a very patient Saint. Jesus opts to get in on the Cryptsy trading action. He, too, creates an account on Cryptsy and makes an initial bitcoin deposit. After a few trades, Jesus opts to withdraw his coins. First, he trades for CoinX. Then, he trades CoinX for CoinY. After the funds settled into CoinY a few days later, Jesus converts CoinY to CoinZ. Happy with his earnings, Jesus opts to exit all his positions off Cryptsy. Months later, Jesus sought the help of a Freemason named Horus, whereupon Horus was instrumental in getting half of Jesus' money returned to him. Saint Peter looks at Jesus, exasperated. "Are you gonna trade cryptocurrencies?" he asks "Or are you just gonna fuck around?" |
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and.... in other news.
NOTHING NEW.
Bullshit problems still + tons of users trading at Cryptsy still.
This shows how utterly retarded people in crypto are or.. how GREEDY (Arb'ing)
Half of this looks bad because of Cryptsy..
And the other half is shitheads like cyberpinoy & Terrik who loiter around kissing ass Arb'ing for Profit.
Vultures & Morons.
There is some good news, with Horus's help I was able to get my withdraws cancelled, sold my coins at a 50% loss and bought BitBean -- and got them the heck out of Cryptsy! It's too bad that Cryptsy didn't have more good men like Horus. any of you see the movie... "A Few Good Men"? Great Movie.. Have a blessed Happy New Year! And a special shout-out to Team Bean, for a productive and prosperous New Year! Cheers! It must be nice to have a Freemason help you recover half the money rightfully due you. |
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and.... in other news.
NOTHING NEW.
Bullshit problems still + tons of users trading at Cryptsy still.
This shows how utterly retarded people in crypto are or.. how GREEDY (Arb'ing)
Half of this looks bad because of Cryptsy..
And the other half is shitheads like cyberpinoy & Terrik who loiter around kissing ass Arb'ing for Profit.
Vultures & Morons.
Well, at least StakeMiners is solvent and Leroy Fodor's a Saint. HAHAHA |
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Why hasn't this blog post been mentioned yet on this thread?: http://blog.richardkiss.com/?p=371The Bitcoin address is the hashed base 58 representation of the hash160 value.
The bu utility will accept input in nearly any format, automatically determining the input type, and display output of all values that can calculated. (Obviously if you enter a Bitcoin address, you won't get the corresponding WIF!)
$ bu 55066263022277343669578718895168534326250603453777594175500187360389116729240,32670510020758816978083085130507043184471273380659243275938904335757337482424
public pair x: 55066263022277343669578718895168534326250603453777594175500187360389116729240
public pair y: 32670510020758816978083085130507043184471273380659243275938904335757337482424
x as hex: 79be667ef9dcbbac55a06295ce870b07029bfcdb2dce28d959f2815b16f81798
y as hex: 483ada7726a3c4655da4fbfc0e1108a8fd17b448a68554199c47d08ffb10d4b8
even
key pair as sec: 0279be667ef9dcbbac55a06295ce870b07029bfcdb2dce28d959f2815b16f81798
uncompressed: 0479be667ef9dcbbac55a06295ce870b07029bfcdb2dce28d959f2815b16f81798\
483ada7726a3c4655da4fbfc0e1108a8fd17b448a68554199c47d08ffb10d4b8
hash160: 751e76e8199196d454941c45d1b3a323f1433bd6
uncompressed: 91b24bf9f5288532960ac687abb035127b1d28a5
Bitcoin address: 1BgGZ9tcN4rm9KBzDn7KprQz87SZ26SAMH
uncompressed: 1EHNa6Q4Jz2uvNExL497mE43ikXhwF6kZm Mentioned in the OP: https://blockchain.info/tx/08389f34c98c606322740c0be6a7125d9860bb8d5cb182c02f98461e5fa6cd15 Even Peter Todd mentions the 1BgGZ9tcN4rm9KBzDn7KprQz87SZ26SAMH address January 2013: EDIT: changed title 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
{
"txid" : "2bf4ff04b40d03ff71570877d8267aed91d3595d172737d096241d08277135e2",
"version" : 1,
"locktime" : 0,
"vin" : [
{
"txid" : "edf09750d2e707549a2c1ed1d2bca07e486d69aaee7d0070d24ab965d611b3d1",
"vout" : 0,
"scriptSig" : {
"asm" : "3046022100a940f6147a70b98fa7f5bd0e76156ca71347207fca0336c93ce1b5165d653011022100ef0cc31be261178074e1cd854d4ea47e2b62d7ac5add4f1ae50474d841b60ce601 028f2bb71ec2c796cab46d5b61c28ad6cde73dacacf60f18943788053d6040eacd",
"hex" : "493046022100a940f6147a70b98fa7f5bd0e76156ca71347207fca0336c93ce1b5165d653011022100ef0cc31be261178074e1cd854d4ea47e2b62d7ac5add4f1ae50474d841b60ce60121028f2bb71ec2c796cab46d5b61c28ad6cde73dacacf60f18943788053d6040eacd"
},
"sequence" : 4294967295
}
],
"vout" : [
{
"value" : 0.02400000,
"n" : 0,
"scriptPubKey" : {
"asm" : "010000000127478b07dae63322d1999419115cf287c69ff0f11de3f96d46df6926de61143c010000006b483045022100cca50bfed991240a7603eea19340f6e24102b29db2dfcc56fdfe549dacddcc6402207eefe2688670d349615ed184d1f84ac54365afd258524e55266c992ce2d68b7f012102ff9d6e0c33fb3cfc677857d2cd654db91fe051811433654d25442ee0182dac52000000000180969800000000001976a914751e76e8199196d454941c45d1b3a323f1433bd688accc500300 OP_DROP OP_DUP OP_HASH160 fb99bed1a4ea8d1d01d879581fce07b27ab5357f OP_EQUALVERIFY OP_CHECKSIG",
"hex" : "4cc0010000000127478b07dae63322d1999419115cf287c69ff0f11de3f96d46df6926de61143c010000006b483045022100cca50bfed991240a7603eea19340f6e24102b29db2dfcc56fdfe549dacddcc6402207eefe2688670d349615ed184d1f84ac54365afd258524e55266c992ce2d68b7f012102ff9d6e0c33fb3cfc677857d2cd654db91fe051811433654d25442ee0182dac52000000000180969800000000001976a914751e76e8199196d454941c45d1b3a323f1433bd688accc5003007576a914fb99bed1a4ea8d1d01d879581fce07b27ab5357f88ac",
"type" : "nonstandard"
}
}
]
}
So what I've done in the above is created a transaction that embeds a different transaction within it using OP_DROP. The inner transaction is as follows: {
"txid" : "8608a914d3e217ebfaa5cf04974a657d5b80b940fd46b9efee823feed43102ef",
"version" : 1,
"locktime" : 217292,
"vin" : [
{
"txid" : "3c1461de2669df466df9e31df1f09fc687f25c11199499d12233e6da078b4727",
"vout" : 1,
"scriptSig" : {
"asm" : "3045022100cca50bfed991240a7603eea19340f6e24102b29db2dfcc56fdfe549dacddcc6402207eefe2688670d349615ed184d1f84ac54365afd258524e55266c992ce2d68b7f01 02ff9d6e0c33fb3cfc677857d2cd654db91fe051811433654d25442ee0182dac52",
"hex" : "483045022100cca50bfed991240a7603eea19340f6e24102b29db2dfcc56fdfe549dacddcc6402207eefe2688670d349615ed184d1f84ac54365afd258524e55266c992ce2d68b7f012102ff9d6e0c33fb3cfc677857d2cd654db91fe051811433654d25442ee0182dac52"
},
"sequence" : 0
}
],
"vout" : [
{
"value" : 0.10000000,
"n" : 0,
"scriptPubKey" : {
"asm" : "OP_DUP OP_HASH160 751e76e8199196d454941c45d1b3a323f1433bd6 OP_EQUALVERIFY OP_CHECKSIG",
"hex" : "76a914751e76e8199196d454941c45d1b3a323f1433bd688ac",
"reqSigs" : 1,
"type" : "pubkeyhash",
"addresses" : [
"1BgGZ9tcN4rm9KBzDn7KprQz87SZ26SAMH"
]
}
}
]
}
The inner transaction is fully signed and valid, sending 0.1BTC to 1BgGZ9tcN4rm9KBzDn7KprQz87SZ26SAMH(1) and spending a hefty 0.4BTC in fees. However since nLockTime is set to be a bit over 2000 blocks in the future it'll be some time before anyone can spend it. On the other hand since the first transaction is public, and will be embedded into the blockchain once someone mines it, provided the second transaction is mined after the first the existence of both transactions proves I threw away 0.4BTC in fees to the miners as once the transaction is made public the sender has no control what-so-ever over who mines it. Basically this is a more sophisticated mechanism to achieve the "trusted identities through value destruction" I proposed earlier ( https://bitcointalk.org/index.php?topic=91487.msg1007449), with the advantages that this implementation requires just two transactions and as long as nLockTime is set reasonably far into the future the value destruction will always be valid. The maximum value you can destroy in this manner, assuming the mechanism is known and there are miners watching the blockchain for these special transactions, is then a function of the number of blocks between the two special transactions. Basically a miner could work on getting mining successive blocks, then publishing the whole chain, however that becomes exponentially more difficult and expensive in terms of opportunity cost. 10 or 100 blocks should be plenty. Of course the expected value lost is proportional to the mining power you control, but mining power is pretty well distributed. An actual implementation can do better than just a simple OP_DROP. For one thing the message should go in the scriptSig to aid pruning. Secondly the inner transaction doesn't need to be provided in full; much of it can be snipped out if a template it used. Even the whole scriptPubKey can be left out if the output always goes to a known address. The minimum required length is just the ~80 byte signature and the 32byte tx id for the input, and at that point you can probably stuff the whole thing into one of the "isStandard OP_DROP" type proposals or similar. Either way, what's important is to agree on a standard so the value destruction is valid. EDIT: Just to make things clear, double-spending the inner tx isn't a problem. Remember that the whole point of this is to prove after the fact that you threw away bitcoins. If you double-spend the inner tx, you have no proof. EDIT2: Miners don't have a disincentive to mine the outer. After all, the inner can be published separately and put into the mempool whether or not the outer tx exists. The decision to mine the outer is orthogonal and subject to the same logic as any other transaction. 1) ...which is really throwing away another 0.1BTC... |
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Not my find. Hippy deserves the credit. |
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In re Emeka M. UyamaduPublished on Mar 22, 2013
Compulsory Discipline Hearing before the Board of Disciplinary Appeals. Attorney was convicted of theft over $20,000 and under $100,00 and was sentenced to 10 years incarceration. The sentence was suspended and he was placed on community supervision for 10 years. In addition, Uyamadu was found guilty of tampering with a witness and sentenced to two years in state jail. He was disbarred. Emeka was Leo Iruke's (FinalHash, with partner Marshall Long) law partner in Houston, Texas.
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I just searched my emails and this is the first time I've ever received an email from Coinbase.
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