- Generate new bitcoins proportionally to the volume of transactions and distribute the new coins proportionately to existing holders of bitcoins; the whole mining thing is pointless and destabilizing.
Please do explain what the point of distributing new coins proportionately to existing holders of coins? It's the equivalent of changing the decimal place and claiming you are 10 times richer because of it. For how smart you claim to be, you sure are disappointing me with your "solutions". P.S. I knew a guy on the internet who claimed he owned a lambo too.  |
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I am just curious if there is a blockchain.info view or another website or software that would show only inputs to a particular address that have not yet been spent? I'd like to see how many small inputs I have just waiting and unspent. |
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Its official, i guess SD just broke bitcoin. Thanks eric, for all those unspendable outputs and massive block sizes. I'm sure your apologists will claim that this event is good for bitcoin because we stress tested it. Fuck that noise. If it had taken longer to reach this point every one would have been running 0.8 or newer, the issue caused by old clients could not have happened.
I blame SD. SD pushed our beta product way too far. Shame on eric and his greedy little BS company. I hope its stocks tanks. I hope miners filter out the 1Dice. Fuck that noise!
To be clear, those outputs are perfectly spendable if other coins are sent at the same time. I present this example: https://blockchain.info/tx/0895a6fa923d399f5079c5a444a70a7543b5c34ebe4a5d21ae522350042b311eThis was a ZERO FEE transaction. The default Bitcoin-QT software included transactions of varying size, all the way down to 0.00000003 BTC. As far as I know, I don't have any unspent Satoshis in either of those addresses, but this just proves the point that tiny amounts are most definitely spendable in the right situation. |
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Right now, I not planning on re-arranging my life to take an unpaid position as a bitcoin developer. You don't need to be unpaid. If your abilities are as good as you claim you should be able to find plenty of people willing to donate. For example, just look at how quickly the OSX packaging for Armory bounty was raised. That's a nice thought, but I checked out the donations to the Armory address and it came to about 200 bitcoins. That would last me about 2 weeks. You require $216,000/year to subside?  When you know the difference between a Hamiltonian cycle and a Mercier cycle you get paid the big bucks. And apparently have to spend as much to survive too!  |
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If nothing else the next year is going to be interesting. I tendered my letter of resignation last Friday. Since August of last year I along with my business partner and investors have build Tangible Cryptography, LLC from an idea to an enterprise executing almost a million dollars a week in transactions. To date we have done this without any full time staff, just a lot of out of the box thinking and clever back end automation. It is time to make a leap of faith so starting in April I will be working full time for the company I helped build. I have lots of exciting ideas to bring to the Bitcoin community and soon Tangible Cryptography will have both the funding and resources to make them happen. When I first read Satoshi's paper back in 2011 I never imagined that the next chapter of my career would be connected to Bitcoin. It has been an exciting couple years and I am confident that there are only bigger and better opportunities over the horizon.
Gerald Davis (DeathAndTaxes)
Executive Manager
Tangible Cryptography, LLC
Hey can you post you resignation letter? I need to send one soon, to dive into self employment. need ideas. |
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Right now, I not planning on re-arranging my life to take an unpaid position as a bitcoin developer. You don't need to be unpaid. If your abilities are as good as you claim you should be able to find plenty of people willing to donate. For example, just look at how quickly the OSX packaging for Armory bounty was raised. That's a nice thought, but I checked out the donations to the Armory address and it came to about 200 bitcoins. That would last me about 2 weeks. You require $216,000/year to subside? |
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I could sit down and write a software component that could easily generate billions of transactions without breaking a sweat once it is deployed to a few thousand boxes, if I so chose, and yet you are concerned about Satoishi Dice generating a few million transactions. Yeah, so could dozens of other people here (the current devs included). But try creating such a system and also make it completely decentralized, impossible to counterfeit, impossible to create fraudulent transactions, a fair system of distribution, and nearly free to send/receive said transactions. Good luck. I have no doubt that Bitcoin can (and will) be improved upon. But this is an absolutely appropriate case of "put up or shut up", because any improvements that could be made are either in progress or unknown. Unless you have specific ideas for how to improve upon the current system, or you program those ideas yourself, then your words are utterly meaningless and useless. |
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The options I listed in my first post are still the only options. If you don't want to filter out SD transactions then the default "do nothing" option means that transactions will become very expensive, and small quantities of Bitcoin won't be spendable at all.
Not really. Just expensive enough so SD is not viable. Say, 0.03 or so. For a moderate quantity it's not expensive. For micropayments, BTC is never going to scale to global scale as to accommodate micropayments. It's simple math really... I don't think BTC is ready for fees so high. That's going to shut out a lot of commerce, not just SD. |
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So, can we all agree that rushing things to take care of the volume of transactions that are mostly comprised of satoshidice spam isn't a good idea and it's SD who needs to change and not bitcoin?
Nope. |
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Is this where the "EXCEPTION:11DbException Db::put: Not enough space" message comes from?
Do I need to do anything on my non-mining client to fix things, or will it auto-fix itself soon?
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So if instawallet has access your coin isn't this just a matter of time till they are hacked, or "hacked" and they all run off with the coins.
One could speculate as much, though I'd say davout is one of the more trustworthy members of this community. Certainly, $30M worth of BTC is a tantalizing prospect, but many people (myself included) still have morals they won't compromise no matter the dollar figure in question. |
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Amazon EC2 purpose is handle highly scalable services.
NOT critical services.
It was made to handle netflix, where there are no damage if the thing go down (Beside angry people).
It is not supposed to handle... bitomat.
But it seems like the same thing no? Its a server. Bitcoin needs highly scalable (look at gox!) and I think the Netflix people would think an enormous amount of damage would be done if it went down. Netflix is worth more then all of bitcoin combined. I am sincerely interested in your opinion, but could you offer any facts to support it? Something I could read up on? Again, Amazon permanently lost 25k BTC because of  . It doesn't matter - bottom line is, data storage there should not be considered reliable or long-term. Everything stored there should also be backed up (constantly) to another source, or the risk exists of a similar thing happening to you. I don't think it's a bad route to go, just make sure everything is backed up, and double-check those backups quite often. |
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Instawallet wallets are not password protected.
Well, there's your problem right there. Again, i said in my post that i don't know how instawallet worked. I assumed (yes asses out of you and me) that they worked like blockchain.info.... Still how did the hacker get the copy of hte wallet (assuming instawallet didn't rip him off)? it would still be encrypted by ssl. does the browser page it off to disk? is all you need to access the wallet is knowing the url? unbelievable weak security if true. Well, it's gotta be saved somewhere on the local computer in order for you to access it again in the future. Unless you like typing long random strings of characters... It is very weak security, but that doesn't stop people from using it. I've used it before too. It's very simple, convenient, and fast to use, which is nice. Just don't put significant funds (LOL $40k) in it. |
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Instawallet wallets are not password protected.
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Feature request: In the Sell area, when listing sold items, show the real name of the buyer instead of their Bitmit handle.
Doesn't this eliminate anonymity? Doesn't bother me that much, just thought that was a key bitcoin element. And for example, why do you need a real name if shipping isn't required. Also, thanks Tosaki for the quick fixes. I would also suggest an update to the categories. I feel like they are very limited. Almost everytime I list something, I feel like there isn't the right category for it. For example, I went to post some theme park tickets yesterday and had no idea where to put it. Today I went to post some Final Four basketball tickets and had the same problem. I wouldn't mind having a "tickets" category  How do you anonymously ship people stuff? |
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on a revised note: why don't you take some of the money and put it into sollar power
so these "rigs" will remain hashing forever until you finally plug your asic into the sollar
socket?
Why?
IF you are not shure to do A or B
THEN consider C
test operate exit
Because that would be a waste of money compared to investing in additional ASIC units. Solar power pays itself back after 7-20 years. A Bitcoin ASIC would pay itself back after less than one year. |
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From a marketing point of view, its a dream to have such a mystery about the dawn of bitcoin.
However, the unmasking of the developers could also be a part of the next stage of marketing. One of the magic of the big tech names is the people behind them. Microsoft has Bill Gates, Apple had Steve Jobs and Facebook has whatshisname!
Linus was the face of Linux, and while he did very little of the day to day work once Linux became mainstream, he was the symbol who helped move the idea to that mainstream takeup!
While trying to sell Bitcoin to the masses, you need more than just a good idea and implementation - you need a great story. The mystery start is a great story, but you do need a famous head to move it forward.
OTOH, given the break-from-the-norm and decentralized nature of Bitcoin, perhaps maintaining a mystery head is exactly in line with what Bitcoin is all about anyway. |
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Fuck dude... You mined 50 LTC and you can't even tell the difference between 2012 and 2013?
LOL. And we all missed it too... |
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Pretty sure the dude got his system keylogged, so we might be in for some more fun.
"Blockchain.info colluding with instawallet owners - they stole from me too!" |
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Not worth it. BFL might be shipping next week, and difficulty will be up 3x what it is now once that happens, continuing to climb rapidly over the next months as well.
It is not easy sending any money towards BFL considering the backlash of posts on this forum, and on others... but I feel like ASIC must be the way to go at this point. Hopefully Avalon will open up a 3rd batch, although Avalon's seem to consume way more power than BFL's are claiming to use?... not sure there are many of them out there to even verify actual power consumption, but that's what it seems like to me. It seems like BFL has the superior product... but seems a little unstable on the management/organization side of things. Certainly understandable, but why send money to anyone at this point? You do not want to invest in GPUs right now, and you do not want to invest in unproven ASICs. So wait until the ASICs are proven, then order. I wouldn't buy an Avalon myself because of the power usage, but I think it is quite reasonable, at this point, to buy BFL once they are proven to be working. |
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