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I think it's possible they will try. It's unfortunate they'd want to use violence against peaceful people for trading, but that's the only tool they have. I really don't think it could destroy bitcoin, but it would probably shake some users confidence for a short time.
Plus, if all things come to worse, people can use BitCoin fully anonymously, e.g. with upcoming BtcFn project. Of course this has the risk if you have IRL part of transction, but as other pointed out, narcotics (well, the non-alcoholic ones), guns (in most of the world) etc are illegal - so what? Btw, why we care (only?) about USA banning/notbanning?  |
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Being the extreme realist, if not pessimist, I believe that Bitcoins will be made illegal sooner rather than later. It will obviously be hard to enforce this. However, the fact still remains: it's ILLEGAL. You wont be able to buy or sell your Bitcoins through bank transfers and webpages cannot legally accept payments in Bitcoins. My thought was that I could buy some Bitcoins today and cash out in the future (hopefully x100 the value  ), but I have no intent in doing anything illegal. So in one year (or however long time it takes) will I be sitting with a 1000 Bitcoins that have no (legal) value? What are your thoughts? Am I completely wrong here or what? also, first post!  One possibility would be to keep using BitCoin over anon networks transport. I think our project fits well here - BtcFn (bitcoin-over-freenet and other crypto networks). http://bitcointalk.org/index.php?topic=7181.0 |
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<lyspooner> on IRC offers 200 BTC (donates now, but return it IF more people donate)
plus 200 BTC to be just borrowed (anyway need to be given back durin max 1 year, faster it getting enough donations)
I guess we can consider it +200 at least, so 600 BTC is founded, and basically it makes sense to start development (will take it lightly in first 2 weeks - still got other jobs, and then fully).
Would you handle/escrow it all?
I will draft details of what will work in the "800 btc" version
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The project needs more bug fixing and testing, so I would rather NOT see bounties for new features.
Bounties for fixing bugs would be ok. And maybe a bug bounty, for finding significant bugs.
Hello, we would be interested in coding for such bounties - including fixing bugs. |
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Yeap, I also did the original specs for the BtcFn protocol (bounty was payed by da2ce7). My specification of BtcFn is on Freenet: USK@oG7cGoUEBuHyulWpcmqV0yc-I569Re2A7RRs8zRljEs,IWIcXczmLdP9FEjTvoxJgGnXnK5~PxOppN-wYSADPWQ,AQACAAE/bitcoin-over-freenet/1/Bitcoin-over-Frenet ( BtcFn ) GOALS:- security against hackers (think DDoS) - anonymity against competitive businesses (don't want others to know Im buying X stock or investing into Y project) - privacy for personal use (don't want everyone to know I'm buying XL dildos , or rather - that I'm buying midgets video online) - privacy for political use (sponsor pro-human-rights organization from China, e.g. it's Freesite; or EFF. Etc) - technical awesomeness - to do things right and fix bitcoin's inherited lack of anonimity (Ofcourse all tools can be missused, even kitchen knife can be used to kill the childreeen blaaarghg, but it's no reason to go crazy and outlaw everything like idiots in USA ;-). Also, actual organized crime ALREADY has BETTER ways to do everything, laundry money, evade tax, extortions, kidnapping, politicians bribing - just turn on TV / or read any online newspaper So I believe it is a tool that will benefit the weak ones (normal users), therefore it is for the better!  If you do not have Freenet yet, then this is uncensurable awesome distributed cryptonetwork, where content is stored between clients, so that it can not be censored even if content author was killed and also the people storing parts of other people content can NOT ACCESS IT normally (unless they find proper key = url+password) so the people are usually NOT LEGALLY RESPONSIBLE as per Safe Harbor. Installation takes 5 minutes, it is opensource and in java. http://freenetproject.org/ download it Yes, it can be slow a bit and eat some resources, but just tune the options or wait for improved version please. This is the "price" for probably most anonymous and uncensorable, unblockable network! When you started freenet then you see proxy panel on 127.0.0.1:8888 and just paste there on bottom above USK@.... key (link) . Ask if any questions at all.  Image Hosting |
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Hello all! I'm putting a 100 BTC bounty for some translation and localization work. What does it involve ? - installing rails on your machine, - check that the bitcoin central code works correctly, - extract all strings into an english yaml dictionary, - translate it into a language of your liking (i'd prefer russian, german, or chinese but the main goal is to make it easily translatable) Do I need to know Ruby/Rails ? - No, however, without knowledge of HTML it'll be hard for you How much work does that represent ? - Probably 3 to 4 hours work. Since code is usually better than explanations I've commited an example which shows how it basically goes. Hi, did not read entire thread, but, is anyone still offering say 100 BTC to provide a polish translation? Or perhaps less to simply get a text file or .po etc of strings to translate? |
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Not really a press, but FreeNet is going to take BitCoin donations same as EFF (founder of e.g. TOR) is doing. ##bitcoin-dev [Tuesday 22 February 2011] [22:33:40] <Tril> hi toad_ you considering taking btc donations for freenet? [Tuesday 22 February 2011] [22:33:58] <toad_> yeah we're gonna take donations And donation page layout and details of account use to gather donations is discussed now. Btw if you also see opportunities for BitCoin + un-censurable network FreeNet, then you might be interested in the bounty for implementing BitCoin over Freenet protocol, see another thread. Best 1000 BTC needed for full implementation, ~200-300 already offered by users. |
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It was described above as being in increments of 10 or 100: {CHK key}CHK@vzy2.../btcfn-block-0.bin
{CHK key}CHK@nd3..../btcfn-block-31-40.pack.bin
{...}
{CHK key}CHK@nds..../btcfn-block-101-200.pack.bin
{CHK key}CHK@nuh..../btcfn-block-201-300.pack.bin
{...}
{CHK key}CHK@gr2..../btcfn-block-101021-101030.pack.bin
{CHK key}CHK@c2f..../btcfn-block-101031.bin
{CHK key}CHK@cd2..../btcfn-block-101032.bin I just wanted to keep this example more simple, it is explained more in detail in section 6.a) Blocks inserts AND .PACK packing so: generally:
btcfn-block-START-END.pack.bin
where length (END-START) is 10^n (n=1..5) so lenght can be 10 or 100 or 1,000 or 10,000 or 100,000,
and START%length == 1,
also in given itme as many blocks should be packed as possible to generated smallest amount of files, eg:
for 33 blocks use packs: 0, 1-10, 11-20, 21-30, 31, 32, 33
for 101 blocks use packs: 0, 1-10, 11-20, 21-30, 31-40, 41-50, 51-60, 61-70, 71-80, 81-90, 91-100, 101
for 103 blocks use packs: 0, 1-100, 102, 103
for 301 blocks use packs: 0, 1-100, 101-200, 201-300, 301
for 2144 blocks use packs: 0, 1-1000, 1001-2000, 2001-2100, 2101-2110, 2111-2120, 2121-2130, 2131-2140, 2141, 2142, 2143, 2144
We will update this parts of spec to explain this is detailed later, thanks |
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If our BtcFn-Node receives in fact such payment to this address, then they will act as the payer says basing on reading the label; The label is not public. You can't easily pass messages via Bitcoin. The idea is OK. I would have just used plain text instead of HTML. Bitcoin sends blocks in chunks of 500 -- splitting in chunks of 10 seems excessive. I don't like having to convince someone in the system to pull data from me. Thanks for chipping in the bounty Yes we could use plaintext as well, the only thing is that I wanted it to be a tiny bit more user frindly if someone pokes by hand to such USK@ address of a node. but this can be changed. About the chunks and pooling, I dont understand the problem, what you mean? If chain is 1023 blocks long now, then freeneters will download following files: file with blocks 0..1000, file with blocks 1001..1010, file with blocks 1011..1020, file with block 1021 file with block 1022 file with block 1023 this big packs of size 1000 blocks will be referenced for many days (for next 9000 blocks mined - because only then it will be repacked to even bigger pack of 10,000 block and the old pack 0..1000 will be no longer downloaded). So, the bigger the pack, the longer it will be requested by every node using BtcFn. So it should stay easly downloadable. As extra bonus, BtcFn nodes should periodically anyway redownload file to keep it fresh and cached in freenet. Also such request may additionally improve anonimity even more (on freenet level) by making a bit more of a smokescreen of semirandom requests masking real activity from your freenet/BtcFn node. |
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The point of testnet is to test, difficulty being low is a good thing.
Now the diff on testnet is [too] high, since few 5970's where put on it for an hour or so and otherwise mostly just CPUs are there. Or we could do something cool with testnet.. like... adjust is to 1 block per 1 hour - sutiable for crytponets (like freenet) high latency mining limit max diff there to say 100 (so we WILL have inflation there) ... and/or make is so that older coins are worth more? or other idea so that even with huge diff changes the generation speed will remain the same? e.g. keep difficulty at say 10, and adjust not the diff but the 50.00 BTC reward. or just keep it at diff 10 and it will quite soon reach the point when it is 25.. then 12 ... and later move on to TX only version? and so on ofc all ruls should apply say starting with 2012.01.01 so that everyone had time to update clients to agree on thoes rules. also would be nice to keep already done transactions as they are for people bravely investing into TBTC now |
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So can we count on this that current TBTC (test bitcoins) will NOT be reseted? Some people are trading in them a bit  but it would be really cool is we could all put some computing power on the testnet to reset diff to sane levels. |
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Where is the graph of difficulty over time? Lost it.. can't find it now.
What do you estimate the diff in 1,2,3 and 4 months from now?
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hm, try the silkroad420 link in noagendamarket's signature
read the discussion below the main page info and you will find links
to the nanaimo exchange website in the same posts as solde, sent, works great etc.
there are only 30+ posts, should not take too long to read.
that is a nice example of the worst context for a legaly operated exchange.
i'm sure shane could send you more examples. but this one should be enough as a proof of work
yes, bitcoin pun intended.
I just did, and i didn't find any links to press articles about Government raiding currency exchangers. So...? Where any exchange points raided - had any problems with gov? |
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I was wondering if there was an P2P Email technology? If so, could you suggest it (or one of them) to me for investigation. If not, is there a reason why this can't work? Or, is there a reason that one would not want to use such a technology?
FreeMail is an in-freenet mail. Also i2p provides something. Also there is mixmaster network: http://sourceforge.net/projects/mixmaster/In either way, use OpenPGP in e-mails (e.g. thunderbird, or kmail) |
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The problem with Freenet is that a) it's written in Java b) it's super fucking slow.
Otherwise I'd love the idea in practice
Java is not causing the slowness. The slowness is mostly the price for anonymity, how ever there IS a room for improvement (in last months it is working x3 slower then it could sometimes). Still, it works good enough in example for discussion (FMS, Freetalk, well and Frost) and for not too huge files, or even huge files like 700 mb files (if you start downloading while it's "hot", it should finish in few days up to a week... sorry ADHD users |
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Land of the free, he he he. Free to be groped on airport by uneducated half trained monkeys, like a slave |
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Wonder how will this affect us... good or bad?
I suppose difficulty may go up (but not by insane x10 number like year ago?), but perhaps also drive value up (demand)? Or will all the new users-miners just start generating to get free coins?
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