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How did you monitor the traffic data for all bitcoin websites? |
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Bets of bitcoin looks pretty bad to me right now. They should ensure all the bets on their site meet a standard where it is clear there will be no ambiguity over the time, the meaning of shipping and reading the terms for which devices needed to be delivered, they have failed in this undertaking.
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The bet clearly states it is about the three original devices, 4.5GH/s 60GH/s and 1500GH/s as were the offerings from last year, this device is not one of those and therefore BFL haven't delivered.
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Stallman eats his own Toe Jam (not kidding, he does it http://www.youtube.com/watch?v=I25UeVXrEHQ ) so I wouldn't want to be associated with that guy, and I wouldn't want bitcoin to be associated with him. People would call it Toebitcoin or something, Really Gross! |
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As we all know elliptic curve cryptography is vulnerable to a quantum computer. For a conventional computer difficulty of breaking 256-bit key equals 256/2=128 bits. For a quantum computer it's just sqrt(256)=16 bits.
Bitcoin address is a hashed public key of 256-bit EC. Hashes are resistant to quantum algos, so while someone keeps his public key unknown it's OK. But when he wants to transfer his money he must reveal the key.
Let's assume that an attacker with a quantum computer monitors all transactions. The attacker can pick any key while a transaction awaits to be included into a block. Now imagine that miners choose transactions with higher fees. The attacker can issue other transaction (when he picks the private key) that transfer coins to his address and set a higher fee. Or he could switch his mining rig on and try to find a block himself. With 0.1% of all hashpower he needs only 5 days to solve a block with 50% chance.
Seems Bitcoin is NOT safe. Or am I wrong?
If this attack were ever to become a potential threat it would be simple to avoid being a victim without altering the protocol but just with client behavious change. So with your theory, after you do a transaction from an address a quantum computer could break the private key from the transaction and use the remainder of bitcoins in that address. The answer is not to leave any coins on that address... so when you want to make a payment you give it two outputs, one to the person you want to pay, and the other output is your next generated address which has no transactions to crack. |
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I had the same problem as Jim and had to download the blkindex.dat files so the client would download them again. I've had this happen on 2 PCs I think maybe the new index or DB format is a bit more fragile than the old one. I didn't lose my wallet.dat though.
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Ah yes, another scientific explanation that refuses to account for the possibility the value of the BTC itself goes up.
Not to say it would ever actually be worth it but the final number is completely false.
It doesn't refuse to account for the fact that BTC values might go up, it's just beyond the scope of that formula, it provides a comparison of the prices of mining your own coins versus buying them on the market. If you mine coins now paying for electricity, you could instead spend the money for the electric bills on mtgox. Then if the value rises in the future you've made better profit than mining them yourself. |
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Hi, I was confused about some of this, it kinda put me off slightly tbh as it seems pretty confusing because the client I'm using (bitcoin-qt, which I think is the Satoshi client?) Doesn't really give much info over how aged particular bitcoins are, or even which address has which amount etc...
Is there another wallet program which can use my wallet.dat to give me demo figures, and how do I send transactions without fees as it won't let me, even though I set it to 0 and I tried that addnode thing from the wiki.
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I'm not sure why it would offer much advantage over cash.
Well, bitcoins have been facilitating nerds making illegal transactions for a little while now, you see it has the benefit that you don't have to meet the person you're doing business with... At least you won't catch anything |
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Guys, just use a thai butt
the us dollar is sometimes drawn with two vertical lines, i heard it's from the early days of a u being superimposed on to the S for US
we use a B with two slashes but the most commonly working computer symbol only has one, just like a dollar, yet more proof bitcoins are a real currency
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When a user complains about the program using excess resources while being verifying node, the devs and some others often strikeback with a sense of entitlement "You should help out. If you don't like it, leave. Come back when the tech is better."
The tech IS better guys. There are thin clients and ewallets that resolve this but you deride them and continue to work on a vision of software nobody wants. It's rather limiting for Bitcoin as a whole. Can you imagine how many people have dumped Bitcoin because Bitcoin-Qt/Bitcoind continues to be a slow, overburdened pain in the ass?
It's very clear: This desktop-based vision for Bitcoin is one of Autism and general lack of ingenuity.
You're right that the client is slow, I run on an old linux netbook and it is very slow to open and process blocks for me, but I don't actually see a technical suggestion from you on how it should be improved. Your suggestion that the software developers should do with their time as you wish is actually entitlement on your part not anyone elses. If you like other clients so much why don't you just use them, or at least say which ones you like and why (please include the end user benefit and what the underlying technical difference is that makes it better). I don't really see how an end user can run a non-verifying node as it would seem to open them to attacks such as double spend. If you have a solution to that for non-verifying users I'd like to hear it. |
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Dank words of advice:
- Don't set expectations and you can't be let down.
Ego is a parasite
Two things, not setting expectations and goals (though they have to be realistic) will not help anyone, I lived for a long time thinking if I expected the worst I could only be happy when the real outcome was better, actually this is not the case. If you don't have a dream, how you gonna have a dream come true? Regarding ego I agree, have you tried Ego Death? If you take disociative/psychedelic drugs they can give you an interesting experience https://en.wikipedia.org/wiki/Ego_death |
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I think you guys are being unnecessarily mean to Dank, I'm not saying I would loan him 3000 btc but after his guitar got tuned his mp3 was much better and I actually saved a copy to keep.
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Dank what's your favourite hendrix song?
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Can you sing, there's not much use for a guitar player who can't, I'd like to hear your singing voice.
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If Dank Bank operates on Karma, does that just mean he'll say "I wonder what they did to deserve this?" if he steals your money?
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Glad to see someone else has the same problem, I have watched and liked and commented on their videos, I think I got 1 payout at first and it hasn't paid since. I think I've watched 30+ videos, and some were not so good.  |
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Please would you name all your depositors so we can have their testimony, I'm sure they're all very happy and that would boost confidence in your Bank.
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I was going to reply to this, then I decided not to.
I'm not a troll, but you've made too many requests for money, you make this community look bad. You said that you didn't need the car money as you'd be able to afford it in time, so tell us Dank how much money are you rolling in, as your current request for free money seems a similar value to the car. Shouldn't you already have enough money to finance yourself? |
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