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1  Alternate cryptocurrencies / Altcoin Discussion / Introducing Treazant - Bitcoin Without Reward Halving on: November 29, 2012, 03:28:33 PM
Treazant is for folks who prefer for the Bitcoin reward to stay constant forever. Block chain confirmations will resume once ASIC hardware starts to arrive. The client only requires a few very trivial modifications to work. The one piece of the puzzle which would be useful, but is not required, is functionality to export wallets from Bitcoin and import them to Treazant and vice versa. If you haven't sent any outgoing transactions after the reward halving yesterday, then a simple copy and paste backup and restore should work fine. Minor modifications to accommodate the larger supply of currency will occur at block 420,000 and as needed at each subsequent 210,000 blocks.
2  Bitcoin / Bitcoin Discussion / Backup Your Wallet TODAY to Double Your Money! on: November 28, 2012, 02:25:36 PM
But not necessarily the value, quite yet. Cheesy

Always backup your important files before a big change!

Regular treazant transaction confirmations will resume promptly upon the arrival of ASIC mining hardware.
3  Bitcoin / Bitcoin Discussion / Translations of Upgrade Instructions on: August 16, 2010, 02:05:44 AM
If you know another language well enough to translate the upgrade instructions, please post them in the announcement thread or somewhere else if the moderators suggest otherwise.
4  Local / Разное / Срочно Обновляйте!!! Bitcoin 0.3.10 on: August 16, 2010, 01:59:15 AM
Инструкции по обновлению очень важны! Кто-то пожалуйста, переведите это сообщение!
5  Bitcoin / Bitcoin Discussion / Brainstorm: Decentralized Periodic Identity Verification on: August 15, 2010, 12:19:01 AM
What is the best way to tie one person to one identity in a global decentralized system such that on average, over consecutive daily, weekly or monthly intervals, each identity only represents one willing and real participant in the system? Is it even possible?

More participation practicality, less difficulty and less cost are the kind of measurements which determine how good one method is over another.

If a good solution is possible, I would really like to figure it out; so please contribute even if you don't have the whole solution.

In a centralized system, you can simply gauge simple participation which is difficult to scale to multiple accounts and then continually check for cheating. This is essentially what many closed websites do. They're not closed in the sense that they're trying to keep everyone out, it's just that they're trying to tie one person to one account to promote and maintain a particular cultural environment.

I originally posted this question in another thread. I have reposted the question in this general forum because the question is very important to me and I would like feedback from the whole range of forum participants.
6  Economy / Economics / Definition of a Commodity & Are Bitcoins a Commodity? on: August 14, 2010, 08:40:04 PM
I say that a commodity is a raw material of fairly uniform quality which is bought and sold in bulk and used directly to manufacture a wide variety of goods.

You can find definitions that say otherwise, but I consider them bastardizations of the true definition of a commodity.

I do not consider bitcoins to be a commodity.

What is your definition of a commodity? Do you consider bitcoins to be a commodity?

This topic was being discussed over in the animated movie thread and in these other threads which I just ran into again.

creighto, I concede that my gold coin example was a poor one since a gold coin is only made of gold and can still be used just as effectively as a raw material as gold bars. I was saying that the coin-ness of the of the gold coin is not a commodity, but yeah, bad example.
7  Local / Разное / Как Вы Пишете Bitcoin? on: July 28, 2010, 07:36:15 PM
Как вам нравиться писать Bitcoin? Просто Bitcoin или Битмонета или Биткойн или по другому? Я знаю что английские названые часто написано английскими буквами, но мне нравиться Битмонета потому что бит и монета обычные слова и тоже потому что это сложно мне объяснить людям что такой Bitcoin, а я думаю что может быть помогает если уже есть эти слова в названии.
8  Bitcoin / Bitcoin Discussion / The MOST Important Change to Bitcoin on: July 24, 2010, 04:42:22 AM
If you could go back and make any one change to Bitcoin while it was first being developed, what change would you choose? Feel free to list other changes, but share which you would prefer over all others. You're welcome to change your mind, so don't stress yourself out over it.

The one change which I prefer would be to have the rate of bitcoins being minted stay constant forever.

Another idea I've heard is to have block difficulty constant to so that the number of amount of bitcoins being dispensed increases as the swarm increases. Recently somebody mentioned changing the block history to a balance sheet to reduce the block chain size. Another recent idea was to have the back end and front end of Bitcoin fully separate. Deciding that the client is the same except it makes you rich and other such silly changes don't count.

Now it's your turn. What would be the MOST important change to Bitcoin?
9  Economy / Trading Discussion / Personal Info w/ Payment Processors on: July 20, 2010, 01:19:00 AM
I would like to know what information is displayed when sending and receiving payments using various payment processors. I'm particularly interested in Liberty Reserve and Moneybookers. Please feel free to ask or post information about other payment processors.

I think PayPal displays your real name to the other person when sending or receiving transactions. You shouldn't link your private email address to your public PayPal account because people could find out your name by sending you a small payment. When you send a Purchase payment, as opposed to a Personal payment, it displays your shipping address. Please correct me if any of the above is not correct.

With Pecunix, you have to set a name which doesn't have to be your real name and can easily be changed. It is displayed when sending or receiving payments. Another cool aspect of Pecunix is that you can make payments public with a secret web address which can be sent to a third party to prove that a payment occurred.
10  Bitcoin / Development & Technical Discussion / Request: Send to File & Backup/Restore on: July 11, 2010, 06:25:55 AM
It would be very useful if Bitcoin could send bitcoins to a file which could then be received by whichever client accepted it first. The sending and receiving would be broadcast to other nodes, just like any other transaction. Ideally the number of bitcoins would be saved within the name of the file. Something like b250c13.btc for ฿250.13.

It would also be nice if Bitcoin had a backup feature which would backup a user's wallet and/or his block chain into a single file, perhaps with the date included in the name of the backup. Ideally it would not be broadcast to other nodes. When it's imported, Bitcoin could ask whether it should overwrite the current wallet or merge with it.

I've heard ideas like these before, most recently in an unrelated thread, but I thought they deserved their own thread.
11  Economy / Marketplace / $25 iTunes; $20 in Bitcoins on: July 10, 2010, 09:12:44 AM
I'm selling it for $20 worth of bitcoins while the Bitcoin Market is open. Starting Monday morning I'll be out of town for a few days.

The card was purchased in the United States. I've had it for a while, but I verified that it is not expired just a couple days ago. The Apple representative said that it doesn't expire.

Send me a private message and I'll send you an payment address. After I have sold the bitcoins on the Bitcoin Market, I'll email you the code.

Edit: Yeah, it sold. Thanks!
12  Bitcoin / Development & Technical Discussion / Optimal Hyper Threading Configuration on: July 09, 2010, 01:32:23 PM
I get optimal performance when hyper threading is turned on and Bitcoin is limited to half the available cores. I get the same number of hashes per second when hyper threading is turned off, but hyper threading should allow better resource sharing between processes. Enabling Bitcoin to use all the virtual cores degrades the performance by roughly 7-8% and causes Firefox to lock up intermittently for a few seconds at a time. Enabling 6 or 7 out of 8 of my cores offers in between performance, but does not cause Firefox to lock up.

It seems that using 100% of half the virtual cores utilizes the full computing power of each core even though CPU performance graphs make it look like only half the computing power is being used. Using 100% of all the virtual cores also utilizes the full computing power of each core, but each virtual thread is then only utilizing on average 50% of the core and some performance is lost from the constant switching and balancing.

Thanks for including the hash measurement in version 0.3. In version 0.2 I almost always used more than half of my virtual cores.

P.S. My computer did not start up correctly when I restarted it and then disable hyper threading in the BIOS. I think it was because the computer needed to be powered down before making the change. I'm running Ubuntu AMD64 with an Intel Quad Core i7 at 2.8 GHz.
13  Economy / Marketplace / Purchase Proxy on: July 07, 2010, 09:29:04 PM
I'm looking to score me some bitcoins, so I'm offering to purchase legal goods and services on your behalf over the Internet. Shoot me an email stating what you'd like to purchase and I'll decide whether I'm comfortable purchasing it. You then send me the bitcoins plus 6% estimated sales tax. After the purchase is complete, one of us sends the other whatever change is left over.

Store is Currently: Closed

Current Exchange Rate
1 Bitcoin = $0.005
1 US Dollar = ฿200.00

Current Transaction Fee: Zero

Edit: Never mind. I thought of an easier way to score me some bitcoins. I might come back to the idea when I'm in a more ambitious mood, but probably not.
14  Bitcoin / Development & Technical Discussion / Temperature Detection on: June 26, 2010, 11:06:17 AM
It would be nice if the next version of Bitcoin had the ability to monitor the temperature of computer components and automatically reduce the number of threads generating bitcoins whenever the temperature reaches dangerous levels. Or even just a scheduler to turn bitcoin generation off during the hot of the day would be great. I recently moved my computer into a closet of a spare bedroom that doesn't get air conditioning and I'm a little worried about the temperature. Perhaps I'll just turn off bitcoin generation until the weather starts to cool down.
15  Bitcoin / Development & Technical Discussion / Bitcoin in Ubuntu 10.04 on: May 23, 2010, 04:28:12 PM
Bitcoin looks ugly in Ubuntu's new default theme. It seems that some, but not all of the theme settings are being picked up. The unselected file menu should have light text with a dark background, but it incorrectly has light text with a light background. They're similar enough that it's unreadable on my display. It should be fixed before the next stable release.
16  Bitcoin / Development & Technical Discussion / Bitcoin Occasionally in Bad State on: April 24, 2010, 09:42:53 PM
I have a suspicion that it might be possible for Bitcoin's network connectivity to get into a bad state. When it was in this state, I think that it stopped accepting incoming connections. My active connections hovered under 15 connections and although my blocks did update, I was generating almost zero blocks whereas I had been generating a fair amount beforehand. Restarting Bitcoin seemed to fix the problem. Of course it might have been the fault of my operating system, my router, my ISP or my imagination. This problem, whether real or imagined, happens very infrequently as far as I can tell. Bitcoin chugs along very nicely most of the time.

On IRC, solar mentioned the possibility that Bitcoin might on occasion get into a state where each thread does many fewer calculations than usual.

It's all just speculation, but if you have the feeling that Bitcoin isn't working quite right, I suppose it can't hurt to restart your client. ;-)
17  Economy / Marketplace / Bitcoin Exchange Rate on: April 15, 2010, 10:53:48 PM
I had a look around at today and I like it a lot. The exchange rate calculation is not yet posted on the website, so I graphed a few data points. I thought it might interest ya'll. There were ฿51549.58 and $800 available when I scraped this data. I would imagine that the points probably shift in various directions, with the graph retaining its basic shape, as the available balances change.

18  Bitcoin / Bitcoin Discussion / Benchmark Utility on: April 05, 2010, 08:20:01 AM
I'm testing a four core computer with hyper-threading and after one day of testing, which admittedly is an extremely small amount, it has only produced twice as many bitcoins as the slightly slower GHz dual core computer. When generating new blocks takes so long, it's hard to calculate performance. It would be useful if there was a stand alone utility or perhaps a utility built into Bitcoin which would state how many bitcoin generation attempts are being performed per minute. Then people would be able to change settings on their computer and after just a few minutes, verify how much of an affect those changes have. For example, I would like to see how much of a difference having hyper-threading turned on or off has on the amount of Bitcoin generation attempts occurring. I would also like to see how many more calculations per minute one computer has as opposed to the other.
19  Economy / Economics / The Double Benefits of High Demand on: April 02, 2010, 09:02:24 AM
There are two benefits to creating high demand for bitcoins. The first and obvious benefit is that you'll end up with a wealth of bitcoins. The second and more subtle benefit is that as demand outstrips supply, people will exchange local currency for bitcoins which will allow you to more easily exchange your bitcoins for local currency.
20  Bitcoin / Bitcoin Discussion / Future 'Generate Coins' Motivation on: March 22, 2010, 08:26:37 PM
As the amount of Bitcoins awarded per block decreases, the motivation to verify transactions decreases. Once there are zero or close to zero bitcoins awarded per block, there is a very small chance that no one will verify transactions. However, it is in the best interest of every person sending bitcoins to have their transaction cleared in a timely manner. This secondary motivation could solve the problem of the possibility of no one verifying transactions. Clients could temporarily enable 'Generate Coins' whenever bitcoins are sent, and if 'Generate Coins' had previously been turned off, automatically turn it back off after the bitcoins have been cleared. It would also be alright if Bitcoin only used a low percentage of one thread at a low priority during this scenario. This would ensure that transactions would continue to be cleared on average every ten minutes even after bitcoins stop being awarded for verifying a block.
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