The "G" does not identify the address. It identifies what can be done with the address. At its simplest, it says "stop! do not send as legacy clients normally would. You must handle this differently or abort."
This might be followed by numerous parameters such as price, expiration of offer, ordernumber, productnumber, etc. Those same parameters might be used by other systems that do not require green address senders, but still require preemptive processing
I agree - I was just pointing out that one would definitely need a version parameter or a "what type of extension is it" parameter among these. So the system can decide whether it is able to interpret the remaining parameters correctly. And I ping pong agree. Even with Green addresses, I think the vendor must realistically include parameters anyway, specifically which green (type or list of) addresses it will accept. G23456789123456789? green=instawallet,mtgox& absolutelynot=mybitcoin.com |
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When you dine in a restaurant, you're in debt until you pay the check... Good point. I suppose it's the interest and particularly accepting debt beyond one's means and the hell/slavery that may ensue. |
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After refraining from killing, the second precept of a Buddhist monk is commonly summarized "Do not steal", but in actuality it is a vow "not to take what is not given" (Adinnādānā veramaṇī sikkhāpadaṃ samādiyāmi). Far from subtle, I think that's a profound distinction.
Furthermore, the act of giving where one feels inspired without strings attached (dana) is the first graduated step of the Buddha's teaching, the first base of meritorious deeds, means of benefiting others, and first of ten perfections.
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Google says "sin,debt,trespass" is "αμαρτία,χρέος,παράπτωμα" Matthew 6:11-13: Give us this day our daily bread, and forgive us our debts, as we also have forgiven our debtors. And lead us not into temptation, but deliver us from evil. 11 τὸν ἄρτον ἡμῶν τὸν ἐπιούσιον δὸς ἡμῖν σήμερον· 12 καὶ ἄφες ἡμῖν τὰ ὀφειλήματα ἡμῶν, ὡς καὶ ἡμεῖς ⸀ἀφήκαμεν τοῖς ὀφειλέταις ἡμῶν· 13 καὶ μὴ εἰσενέγκῃς ἡμᾶς εἰς πειρασμόν, ἀλλὰ ῥῦσαι ἡμᾶς ἀπὸ τοῦ ⸀πονηροῦ. Luke 11:3-4: Give us each day our daily bread, and forgive us our sins, for we ourselves forgive everyone who is indebted to us. And lead us not into temptation. 3 τὸν ἄρτον ἡμῶν τὸν ἐπιούσιον δίδου ἡμῖν τὸ καθʼ ἡμέραν· 4 καὶ ἄφες ἡμῖν τὰς ἁμαρτίας ἡμῶν, καὶ γὰρ αὐτοὶ ἀφίομεν παντὶ ὀφείλοντι ἡμῖν· καὶ μὴ εἰσενέγκῃς ἡμᾶς εἰς ⸀πειρασμόν. |
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Deflation should be good for banks. Of course, it's good for no one when deflation leads to default, but bailing out the financial sectors after default has been en vogue. A certain Jeffersonian quote seems appropriate.
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I'm not a religious man, but I find it interesting that Judeo-Christian-Islamic teachings strongly opposed usury and debt. In fact, the entire motif of original sin, through redemption, judgement and forgivess are all related to debt. If you replaced every instance of the word 'sin' in the bible with 'debt', I think it would make just as much, if not more sense. Sin in original Greek hamartia (ἁμαρτία) and Hebrew hatta'at or hata' (חָטָא) means "to miss the mark" or failure to repay DEBT, and could be repaid through sacrifice. Satan tempts us with debt, the fortunes of the flesh now with pain and suffering in the future. We are born with original debt. According to David Graeber: In Sanskrit, Hebrew, Aramaic, ‘debt,’ ‘guilt,’ and ‘sin’ are actually the same word. Much of the language of the great religious movements – reckoning, redemption, karmic accounting and the like – are drawn from the language of ancient finance. |
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Many long term and short term trends will meet in the first week of October... I have a feeling that any price movement will be upwards based on these probability charts. Do you mind posting your analysis? I had seen that threshold earlier in September and we are just barely following the long term trend line today. |
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computer where you want to sign the transaction needs some information from the block chain, namely the transaction hash, output index and value of each output that he wants to use. I guess there's no practical benefit to exporting a transaction rather than an address key pair. I don't like the idea of dividing coins among a plethora of tiny offline address balances. |
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every time the price changes unpredictably, everyone just moves their projection lines, and in that case you may as well assume that it will just keep changing unpredictably. That's utter nonsense. In June, based on charts, I predicted the price of bitcoin would be $200 by now, and... oh... I see what you mean. |
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The main problem I see is that until the recipient actually publishes the transaction the sender could double spend. So the recipient shouldn't actually deliver his goods or whatever until he has actually published the transaction and preferably until it has made its way into a block. Sure, but I see this like a traveler check 'signed' with a password, an honorable deposit like money on a poker table, a reservation, or a transfer from a sterile computer in a vault that was never tasted a network connection. STEFAN, YOU'RE A ROCK STAR!! http://www.blinkenfilme.de/phase3/014/ER3_014.webm (1:30++) |
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Accurate depiction of the bitcoin market...   |
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This is fantastic. I'm loving this trend to decouple (de-triple) the data from the infrastructure. Stefan, how close are we to the use-case whereby I can take a memorized passphrase, hash it to generate a private key, generate a transaction offline, then email the transaction so that the recipient can broadcast the payment at his leisure?
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The weekly gives the wrong impression before the week is out... Here's a daily since May's $5/btc including the 365 and 21 SMA. The last tick is expected to be light before midnight. These charts don't tell me much about the future. The volumes match what one would expect given the price level ($volume / btc volume = $/btc price). The year trend line is interesting in that we've triple-bottomed and represents a powerful threshold. But your guess is as good as mine whether it will hold or bounce to new heights. USD:
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My totally non-repeatable grep|sed|uniq -c script couldn't find conflicts even with these four char vanity prefixes. The fact that all of these four char vanities all begin with capitals makes me suspect their creators had no firstbit aspirations. I would think it's early enough in the game that there's no pr... famous last words. I'm curious what you come up with. Duplic's Block:Prefix
======= ======:====
10 134182:1BTC (first bits in Block 5855)
11 134182:1BTc
12 134182:1Btc
10 134182:1BUY (first bits in Block 43778)
14 134182:1BiT (first bits in Block 34595)
11 134182:1Bit
15 134330:1BiT
17 134330:1Bit
13 134182:1FUn (first bits in Block 12144)
11 134182:1Fun
12 134182:1Mom (first bits in Block 13759)
30 134334:1MoM
16 134334:1Mom
10 134330:1ALL (first bits in Block 48502)
10 134330:1ASs (first bits in Block 11815)
13 134330:1AsS
13 134330:1Ass
12 134330:1BLo
10 134330:1BRA
10 134330:1BRi
10 134330:1BoL
15 134330:1Boo
10 134330:1Bor
10 134330:1Bri
10 134330:1CAR
11 134330:1CHA
13 134330:1CHi
12 134330:1CLA
10 134330:1CLa
20 134330:1CLo
10 134330:1CRo
12 134330:1Chi
11 134330:1CoR
12 134330:1Coo
11 134330:1DAD
12 134330:1DAd
10 134330:1DaD
10 134334:1FLE
14 134334:1FLa
15 134334:1FLo
10 134334:1FiL
22 134334:1FoR
30 134334:1For
11 134334:1GLA
19 134334:1GLo
13 134334:1GRi
10 134334:1Goo
11 134334:1Gri
10 134334:1Gro
13 134334:1Hoo
14 134334:1LiN
32 134334:1LoL
14 134334:1Loo
13 134334:1MoR
13 134334:1Moo
11 134334:1PAY
13 134334:1PLA
10 134334:1PLu
13 134334:1PRi
15 134334:1PRo
10 134334:1PaY
15 134334:1Pay
10 134334:1PiL
10 134334:1PiN
10 134334:1PoL
11 134334:1Pri
13 134334:1Pro
16 134509:1LoL
10 140060:1Eig
10 141457:1Cyo
10 141732:1C25
10 142028:1Avc
10 142202:1A8Z
10 142525:18ok
10 142650:13CL
10 142776:13CL
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The number of dollars traded has gone down, which is what one expects when prices in dollars goes down. Fewer dollars chasing bitcoins means... supply and demand... lower prices. Even so, trade volume in dollars is higher today than in May when USD/BTC were equal. The number of bitcoins traded has gone up less dramatically, perhaps to be sold for fewer dollars. $2 million USD / 380 000 BTC = $5.26/BTC. Imagine! USD:
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"String required to differentiate an address from all addresses in the SAME and previous blocks" +1 from the peanut gallery. I had been searching for exactly such a case (I have seen some strange vanity addresses in the same block which might qualify). Are you aware of any real world cases on this ambiguity? |
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It looks like a line you drew. Does that line just change every time the market changes? And if yes, what's the point?
It's a moving average. One year SMA (black) and three weeks (violet). We can bookmark this and track it for the next three weeks:  |
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