I read somewhere that too many addresses gum up the wallet. I definitely don't want to see performance issues on the hot wallet down the road.
Is this incorrect?
No just one disposable address is fine that can be changed after each tx just like what BITSTAMP and other exchanges offer is what I mean. I'll do some research, see if I can figure out what bitstamp is using for the backend. They may not be aware of the wallet growth issue, or they may have a setup where they can swap wallets at will, or maybe they have a wallet per person, or possibly a custom client that has a feature to remove addresses? Lots of ways to do it, I'm just not sure that we can do any of those. I've wondered a few times myself how they support that on the backend, so it's definitely worth doing some homework. Cheers. To be able to have disposable deposit addresses would be a great feature  As far as I'm aware BITSTAMP uses a shared wallet like most exchanges. |
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I read somewhere that too many addresses gum up the wallet. I definitely don't want to see performance issues on the hot wallet down the road.
Is this incorrect?
No just one disposable address is fine that can be changed after each tx just like what BITSTAMP and other exchanges offer is what I mean. I'll do some research, see if I can figure out what bitstamp is using for the backend. They may not be aware of the wallet growth issue, or they may have a setup where they can swap wallets at will, or maybe they have a wallet per person, or possibly a custom client that has a feature to remove addresses? Lots of ways to do it, I'm just not sure that we can do any of those. I've wondered a few times myself how they support that on the backend, so it's definitely worth doing some homework. Cheers. To be able to have disposable deposit addresses would be a great feature |
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This may be a dumb question but could Ripple and its 'exchange' features be used for coloured coins if there was a trusted Gateway for coloured coins?
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Why don't you offer the ability to change your deposit address as most bitcoin exchanges offer  We do. Wallet page, Deposit/Withdraw Tab, "request new deposit address" button. Deposit Address(es): ABC123qxN7FKVHkYUiTV4aJTUeVVqp1Zq
[request new deposit address] (limit 10) Hope that helps! Yeah but you only allowed ten new addresses than that's it no more new address and your stuck with those. Or am I just being lame I read somewhere that too many addresses gum up the wallet. I definitely don't want to see performance issues on the hot wallet down the road. Is this incorrect? No just one disposable address is fine that can be changed after each tx just like what BITSTAMP and other exchanges offer is what I mean. |
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Why don't you offer the ability to change your deposit address as most bitcoin exchanges offer We do. Wallet page, Deposit/Withdraw Tab, "request new deposit address" button. Deposit Address(es): ABC123qxN7FKVHkYUiTV4aJTUeVVqp1Zq
[request new deposit address] (limit 10) Hope that helps! Yeah but you only allowed ten new addresses than that's it no more new address and your stuck with those. Or am I just being lame |
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Why don't you offer the ability to change your deposit address as most bitcoin exchanges offer |
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I wonder about this too, how can we do anything practical with the bitstamp ripple address?
Yes you can fund your Bitstamp account with accepted Ripple IOU's and cash them out. |
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Why doesn't Ripple offer GBP/BTC pair its the third largest currency that BTC is traded in and if Ripple is targeting bitcoin users to get this project jump-started then it'd be a good thing to offer users. Also can anyone answer this - https://bitcointalk.org/index.php?topic=38711.msg1564551#msg1564551 - This might sound stupid but does anyone know how to withdraw GBP IOU's to Ripple from Bitstamp using BTC What do you mean by "using BTC"? Can't you just simply withdraw GBP from you bitstamp wallet to your ripple wallet? I'm new to Bitstamp the fact they are a (GBP offering) Ripple trusted Gateway brought me there. Although it seems all funds not in BTC held at the exchange are held in USD. I could find no way to sell BTC/GBP only USD/BTC. |
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Why doesn't Ripple offer GBP/BTC pair its the third largest currency that BTC is traded in and if Ripple is targeting bitcoin users to get this project jump-started then it'd be a good thing to offer users. Also can anyone answer this - https://bitcointalk.org/index.php?topic=38711.msg1564551#msg1564551 - This might sound stupid but does anyone know how to withdraw GBP IOU's to Ripple from Bitstamp using BTC |
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At the moment the ripple network has a lot of isolated disconnected nodes. It's not enough to distribute initial XRPs, one must also ensure enough incentive for people to connect to each other and to establish at least minimal lines of trust in their local currencies or BTCs.
Why not do a cascading distribution where people get an initial allocation for simply signing up, solving a CAPTCHA and verifying their email by clicking on a link and then they would get additional bonuses over time for connecting out to friends and family ?
For one thing, this would allow people to sign up for as many accounts as they can create email addresses, and receive XRP for each of them. Second, connecting (extending trust) to friends and family is not necessarily desirable, and it shouldn't be encouraged unless you have a good reason to do it. Simply requiring aged gmail or yahoo accounts helps prevent multi account sign ups, similar to how only aged bitcointalk.org accounts receive the giveaways. Gmail had referrals by friends in its beta early access period, same can be done for ripple accounts, this would just create some scarcity for them at first. Encouraging connectivity in the long run is desirable to create viable paths in the network, for now that maybe deferred. This would take away the anonymity that Ripple offers. They are trying to sell Ripple on its privacy enabling features similar to that which bitcoin can offer. I know most people don't care about their online privacy but bitcoiners tend to do so more than the average person when it come to tx's. |
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This might sound stupid but does anyone know how to withdraw GBP IOU's to Ripple from Bitstamp using BTC |
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Yet it proves my deposit address was funded over three days ago and yet they still haven't credited my account. The website clearly states three block confirmations until your balance is available.
Then please use the proper description. If your account history doesn't show a BTC deposit then that's a different problem than what you had originally reported (as a "hacked" account would require the deposit to first be credited to your account before it could be withdrawn). Either way, the solution will come from contacting BITSTAMP support. I first contacted Bitstamp about the matter three days ago (24th Feb) and they still haven't sorted it. I only decided to use the exchange to test Ripple and was hoping of being able to recommend the exchange to my friends. After linking Bitstamp support to the previous post to prove I'm not scamming my account was soon credited. Which I am happy about as Bitstamp is currently the only trusted Ripple Gateway to use GBP. |
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Yet it proves my deposit address was funded over three days ago and yet they still haven't credited my account. The website clearly states three block confirmations until your balance is available.
Then please use the proper description. If your account history doesn't show a BTC deposit then that's a different problem than what you had originally reported (as a "hacked" account would require the deposit to first be credited to your account before it could be withdrawn). Either way, the solution will come from contacting BITSTAMP support. I first contacted Bitstamp about the matter three days ago (24th Feb) and they still haven't sorted it. I only decided to use the exchange to test Ripple and was hoping of being able to recommend the exchange to my friends. |
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There is a train of thought that the Bank of England is quietly fostering inflation. If it can successfully keep interest rates low it can inflate away the countries debt.
Much as I like the idea of a federal Europe this is a good (or the main) reason that the UK never joined the single currency. The flaw in this cunning plan will be downward pressure on average wages. With millions unemployed and underemployed workers have very little bargaining power to raise wages in line with inflation. Debts might look less significant as essentials soar in price due to inflation but if wages don't keep up things will only get worse. I can only see fat-cat salaries rising with or above inflation as its those who decide salaries to be paid. The Con-Dem's will promise the middle-class (voting class) a massive tax cut to win the next election. Just like the Tories promised to punish the scroungers (unemployed [non-voting class] for the banks casino losses before the last election. |
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The bitcoins held by BITSTAMP are in a hosted (shared) EWallet right? So you can't look at the blockchain to check your BITSTAMP account balance. With a hosted (shared) EWallet, that Bitcoin address is tied to your account so the wallet provider knows of your bitcoin deposits. But what happens from there at the blockchain level is no longer tied to your account. Yet it proves my deposit address was funded over three days ago and yet they still haven't credited my account. The website clearly states three block confirmations until your balance is available. |
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One possible solution would be to simply make any transaction with an output value less than the minimum fee non-standard, so that those transactions won't be relayed or mined by miners. After all, if the value is less than the minimum fee, there isn't any rational reason to spend the output. (the fee is zero with sufficient priority mind you, but zero-fee tx's probably won't get mined forever)
A very good idea! I hope this gets implemented and used by the major mining pools. Well then that would stop/damage the use/development of 'coloured coins'. |
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There is a train of thought that the Bank of England is quietly fostering inflation. If it can successfully keep interest rates low it can inflate away the countries debt.
Much as I like the idea of a federal Europe this is a good (or the main) reason that the UK never joined the single currency. |
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Well I made a BTC deposit to Bitstamp on Sunday (24th Feb) and its still not showing in my account. I contacted support yesterday again about the matter and they still haven't replied  |
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The moment they release the server source code we can all start our own networks and give away as many zillions of whateverwewannacallthems to whoever we choose. Fair enough?
-MarkM-
Would all the new networks integrate together and with ripple.com |
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