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Should I be concerned about my bitcoin client growing overly large because of generating 1-1000 addresses each day? (as a service, not personally) How does coinbase or any other online cryptocurrency deal with an overgrowth of bitcoin addresses they have in their programs?
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The address callbacks set on addresses is not sending. I've tried creating a new address with callback url, and visited that url, and it registered, but then I sent a small amount to that address and it did not fire. What gives?
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Like say I turned off bitcoin-qt for half a day, and I get 1 transaction to my address in that period. Will, on start up, fire the walletnotify script with the hash of said transaction?
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Mining may be a bit of problem with this idea, but right now I'm just trying to figure out major flaws. This is a really weird concept but here I go:
Imagine a crypto currency where everyone owns the maximum amount of coins (22 million in bitcoins case) and having more than 22 million should be impossible, and having wealth is simply having 22 million minus x. Why have this backward ass system? Think about how transactions would work in this system, for Alice to pay Bob, Alice has to accept coins from Bob. The direction the coins move is opposite of that of bitcoin. Thus instead of the person who is sending wealth being able to be an attacker, the receiver becomes the possible attacker, but why would he sabotage receiving wealth?
There are hurdles that I can clearly see, like mining and how to prevent anyone having more than 22 million, but is my idea sound?
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Why not nodes just keep track of of bitcoins and where they are? Like so:
Alice wants to send Bob 1 btc she does so and alerts a fair amount of nodes that she did this. The nodes then collectively agree that bitcoin#1251262613616 is now under the control of whatever address alice sent to. Sort of like a database with two columns, a unique ID column, and a proof of ownership column. Mining can still be a chain, but it would be much simpler considering that each block now doesn't have to store transactions. With this system, mining now is piece of cake, no need to process transactions, no need for large block chain. Transactions are as instant as the propagation on them.
Pardon me if I have something wrong technically, I'm beginning to understand how bitcoin functions cryptographically.
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My current method is to just poll bitcoind API for a new transaction. I feel like this isn't the right way.
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I get this SOMETIMES when trying run the command "listTransactions": 'code' => "-32603" As I understand it, that's an internal error (according to default json-rpc error codes). And it seems to happen at random times for brief moments. Like for example, Yesterday it returned me that error on listTransactions request between 8pm and 12pm, then it started actually processing requests, then it came back into giving me errors. WTF? Anyone else having trouble with their unstable json-rpc api?
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I'm hoping to host a Hold'em poker game mostly for fun, maybe find out who the good poker players are on this forum So here it is, the late night (for US at least) Torba Table Tourney, where there is really no risk and lots of fun (outrageous betting etc) at No more, deadline passed1000 chips free on register provided, buy in is 200. If you win, it goes into your overall balance which should put you pretty high up on leaderboards, where high positions on leaderboards get actual btc (.5 for first, .3 for second, .2, .1 , .05). The poker site: http://bitspoker.com/This is an experiment of some hopefully really casual play, tell me if you are in via reply.
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In past 3 hours High: $109.96 Low: $100
Opening: ~$102 Closing: $105
This is what an earthquake looks like when graphed.
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Imagine in 10-50 years, when there are beyond billions of transactions monthly, the amount of resources a bitcoin blockchain takes up will be so out of control that only large data centers can support it. And whoever has enough money and resources to be able to service the entire blockchain has in essence centralized a decent chunk of bitcoin, and I'm assuming that there would only be at the most 10 block chains in existent if it's that out of control. It's pretty likely bitcoin will grow faster than moore's law.
So how will this impending centralization be stopped?
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Slowly as in not comparable to say the transaction speeds you can accomplish with a credit card. I've been searching for answer to this. Is there a specific component like network propagation that severely effects processing time?
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So I've noticed bitcoin has been experiencing "straights of no change" in where it's price stays within $5 of what it was a week ago (barring pesky manipulators). So lets hope:
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I need a wallet for a service I'm helping to put together. Will a 512mb vps support bitcoind? (with 15 gb's of storage).
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I withdrawed .37 and they sent me .74, I sent a support ticket notifying them of this (to be nice and all) and they are asking me to return the amount. Should I? (I did notify them of the bug instead of never mentioning this again)
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I have about 2 years experience in making iOS apps, I can do every step in the process of getting an app to the itunes app store and I've had two apps on the app store. I've got tons of experience with game making, networking, and design. My work:
My most recent made app, a pin ball like physics game (currently being submitted to app store) my WIP trucking game app, everything besides the truck sprites are dynamically drawn, trucks use shortest distance alogrithm. Menu of a previous project, the app also has backgrounds according to the user's locations's weather (if its raining, it rains in-app), on the menu, random colored planets orbit. One of my first apps, used U.S. Census data to randomly get names Payment:I'll quote you how much in total your project will cost. Half will be expected as soon as we move into actual app developing, will be submittable to app store upon being payed in full.
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The price is currently in a fast rise, and that usually spells trouble.
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I think this chart shows buy/sell orders right? If it does, how come putting down a buy order below current price means an almost instant buy? How is this graph getting people's plans?
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It's low right now, and if we look at what happened a few weeks ago when it touched $55 from being stable around $100-$130 that should indicate what's happening now.
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Is there a relation? Does high volume often indicate that bitcoin will change it's price more drastically?
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