Yeah it's the old tasty argument of "SolidCoin is centralized Bitcoin isn't" . Like the trust nodes in SolidCoin somehow make it sooooo much different than deepbit and btcguild controlling Bitcoin. Might as well call deepbit trust node 1 and btcguild trust node 2. Because you are trusting them to not attack Bitcoin..  Not that I'm saying deepbit or btcguild will do an attack but if you can't see Bitcoin users are TRUSTING these two pools not to then you can't argue any centralization aspect against SolidCoin with a clear conscience. LOL Miners actually give the pools their trust when they mine on that pool. If the pool misplaces that trust, miners will leave the pool. This is similar to voting a politician into office to represent the people in a democracy. Just look at the miners that left Eligius when Luke-Jr used it to attack CoiledCoin. Granted since this wasn't an attack on Bitcoin, most of the miners didn't care and stayed with Eligius. If deepbit, or any other pool tries to attack Bitcoin, you can bet that they will lose their hashrate immediately. This is different than solidcoin, where your enforcer nodes have total control to force every miner to use your code or be left out. Pretty similar to a dictatorship if you ask me. You may have some loyal servants willing to be ruled by you, (like Kim Jong-Il: http://www.youtube.com/watch?v=pSWN6Qj98Iw) but most people on this forum don't like enforcer nodes. |
|
|
|
Yeah always the PC version. Consoles are for kids... PCs are for the big boys who actually can play FPSs. Consoles hold you're hand with their autoaim and Fisher Price style controls. Looks like it worked. Keep gaming. |
|
|
|
Started using litecoin today, will check this out.
It is currently devoid of life. It is actively mined, from what I've been reading in the Litecoin forum. And actively traded on BTC-E and Vircurex. Has Coblee given up the ghost on LTC? Nope, still here. |
|
|
|
If a bank can spend 5 million dollars and shut down Bitcoin do you think Bitcoin is that secure? You may argue that it's 10 million or 20 million, but 3 years ago banks were given over 5 trillion dollars just to keep running. 20 million is nothing if it means shutting down a true competitor to their system. Zimbabwe could should shut down Bitcoin if they wanted. It isn't hard and it's entirely legal. Put as much faith into such a system as you want but we offer people a safer solution at SolidCoin. What exactly makes solidcoin more secure for any governmental or other agency with enough resources to shutdown? Faster retargets? Anyone with enough resources to disturb bitcoin could make solidcoin and everyone using it dissapear from the face of the earth if there was every any point for that. Seriously CoinHunter, it takes a lot less than 10 million for a government to find your true identity. They will then force you (maybe even torture you) to give up the identity of the trusted nodes and shut Solidcoin down. And I'm sure there are technical ways to take Solidcoin down by isolating the IPs of the trusted nodes and taking them down that way. I can't believe you are so naive as to think that your solution (centralizing the creation of every other block to trusted nodes and hiding the trusted nodes) is safer than bitcoin's decentralized solution. For your sake, I hope that Solidcoin never takes off. At least Satoshi would not need to fear for his safety when Bitcoin becomes a threat to the current monetary system. |
|
|
|
I am interested in something holding 10,000 or 20,000 or 25,000 LTC... Can this be done? Thanks.
Agreed. I'd be in for a 10,000+ physical LTC Talk to casascius, he might be able to create you one. |
|
|
|
|
Sorry for the delay, looks like a few people are flaking out. I will send out the coins to the people that have paid me:
Mushroomized 2
inlikeflynn 2
SockPuppet 2
DeLorean 2
ZedZedNova 3
illpoet 1
|
|
|
|
|
Here's a wild idea. If you really wanted dollar parity, why not just move the decimal point over by 2 places. Just make each SC be worth 100 of the old SCs. Name it NSC if you prefer. That way, it doesn't unfairly benefit the early adopters. And right away, NSC will be worth more than a dollar.
|
|
|
|
Personally, I was enjoying the powerblock lottery, and I'm sad that they're taking it away  What they are taking away powerblocks? That's the only reason why I mine solidcoins! I mean what business doesn't like a lottery designed into your currency?!? |
|
|
|
|
There's another thing I forgot. Now that block rewards will be 0.05-0.07 sc, it will take about a million years before any one person can get a million SC to become a trusted node. Who saw that coming?
|
|
|
|
There is another hot topic - multisig transactions for better wallet security. What if litecoin implements BIP17 proposal? The bitcoin crowd seems to be slowly converging on BIP16. There is a heated debate over here: https://bitcointalk.org/index.php?topic=61125.0This might bring some life and interest back into litecoin and it will truly compliment bitcoin by selecting a competing solution. I think I have posted about it here a few days ago, but nobody seemed to pay attention. Coblee, what do you think? That's an interesting idea. I will look into it. Will need to weight the benefit of this versus the cost of having to maintain a separate codebase than Bitcoin. Unfortunately, there aren't that many people working on Litecoin (only me right now), so if BIP17 introduces a security hole, that might be disastrous. So I have to be careful there. In the near future, I will merge in the latest bitcoin code and build a new Litecoin client. This will turn wallet encryption back on. Stay tuned. |
|
|
|
|
So RealSolid changed the block rewards from 32 SC to 5 SC last time so that SolidCoin would reach dollar parity. Well, that didn't work. Let's try it again! But this time, he makes it even more drastic and changes it to 0.07 SC. If this doesn't work, I guess he will then have to change it to 0 block rewards. Then guess what... no one mines anymore and only the trusted nodes mine for coins. Hmm, reminds me of something called fiat currency.
Someone tell me again why dollar parity matters for a crypto currency that is ready for bitcoin's collapse and that will replace the dollar?
|
|
|
|
|
More SolidCoin monetary policy... nice! Horray for early adopters! Wasn't SolidCoin supposed to NOT award early adopters?
|
|
|
|
He means he doesn't want his real name and address associated with his bitcoin addresses, which then become associated with his online profile. I can see the reasoning behind that.
I see. So he could use green address from instawallet or mtgox. Unless of course, he's afraid that they might get subpoena to trace those transactions. |
|
|
|
I still want to buy this magazine with fiat (VISA or Mastercard).
Is there no way to do this?
I will not buy BTC online, since it can be tracked back to me, and I will not use the BTC I have, because getting new ones will link them to me, if I purchase them with Visa or mastercard or wire.
Will Barnes & Noble sell them online for fiat, and ship internationally?
This is the first time I read anyone saying that they want to use a credit card instead of btc because it's more anonymous. Really? If it really matters that much, why don't you send the btc to your mtgox account and then withdraw the correct amount to pay for the magazine? You can even use the green address option so there's practically no way to link that payment with your deposit. |
|
|
|
|
I would recommend that you do away with DRM, and put a bitcoin address (first bits or a link to open up bitcoin app) in the magazine for people to pay for their copy if they got it for free. I believe people who would normally pay for your magazine would send you bitcoins. And those that don't are likely people that wouldn't buy it in the first place, so it's no money lost. Then you can even do the raffles idea and pick a winner each month that gets a free subscription. That would incentivize people to pay for it.
|
|
|
|
|
Everyone should start using p2pool. It's the most innovative things since bitcoin itself. It bothers me that Gavin has try to convince Tycho (of deepbit) of his multi-sig proposal before he can implement it, because if deepbit decides to not use the new code, it's dead in the water. And that's so wrong. So people, wake up and use p2pool.
Keep up the good work, forrestv!
|
|
|
|
Agreed... I wouldnt like to take my kindle/ipad etc to the toilet  Shit, I do that every day. (Pun intended) |
|
|
|
If you can tell, there were a few 'easter eggs' in the 3rd page alone.
STFU... I like it. What other easter eggs are on that page? |
|
|
|
@ Fizzisist
Would you mind pointing me to that 200mhz bitstream or to the source ?
I would like to give it a try.
Ps:
I will post some thermic images of the board as i did it for icarus tonight.
PM'd the bitstream. Thermal images would be amazing! Any reason why this bitstream isn't posted on http://fpgamining.com/bitstreams/ ? I've ordered the thermal adhesive and would like to give it a try. |
|
|
|
ngzhang, are you using curses? I'm asking because my output looks like this: Block found on Fri Jan 20 20:47:11 2012
Upstream result: True
2e4b0c64
[39 accepted, 0 failed, 491.12 +/- 78.64 Mhash/s]
Block found on Fri Jan 20 20:47:12 2012
Upstream result: True
0abb5bdc
[40 accepted, 0 failed, 502.02 +/- 79.38 Mhash/s]
Block found on Fri Jan 20 20:47:16 2012
Upstream result: True
2840937f
[41 accepted, 0 failed, 509.00 +/- 79.49 Mhash/s]
Is that normal? |
|
|
|
|
Show Posts
