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1981  Bitcoin / Development & Technical Discussion / Re: database/log.00000XXX on: August 28, 2012, 01:53:00 PM
Bitcoin should automatically purge them either when it starts, or when it exits.  Just restart now and then and they'll be fine.
1982  Other / Beginners & Help / Re: My Thoughts on the Pirate Business on: August 28, 2012, 03:25:59 AM
I find it "interesting" that this is the third or fourth brand new account created in order to tell veterans how objectionable they are being.  Most people who find objectionable stuff on a forum simply never create an account.

Hrumph Pirate how about you spend more time repaying your creditors (at least partially) and less time creating new accounts.

TL/DR: obvious sockpuppet is obvious.

Meh, I've registered on forums and news site comment sections over less before.

And I have to agree with the original post, sockpuppet or not, threats of violence aren't cool.  On the other hand, I consider internet forum threats to be about as serious as a drunk guy sitting at the bar telling his beer that "I'll show them".
1983  Bitcoin / Development & Technical Discussion / Re: The swarm client proposal on: August 28, 2012, 03:17:50 AM
I have a question.

People were talking about how it costs money through bandwith, CPU and memory for the nodes to run.

Currently, though nodes are not being compensated with anything.  And even if this is a VISA network, with 1 million dollars worth of tx fees, nodes would still not be compensated.  The money would be going to the miners.

Actually this isn't a question, but if someone could explain this.  Or if nodes are ever going to get compensated.

So far, no one has figured out a way to pay them.  Also, the costs aren't great, and they are connecting to the network for their own purposes anyway, so why bother?
1984  Bitcoin / Development & Technical Discussion / Re: uppercase private key? on: August 28, 2012, 03:13:38 AM
Don't let anyone trick you into posting pictures here on the forums when you are done.
1985  Other / Beginners & Help / Re: Bitcoin on: August 28, 2012, 03:03:04 AM
There are no addresses.  Only transactions.

When you spend, you are spending a transaction that you hold the key to.
Are you sure about this?  I didn't think that the wallet contained keys to transactions?  I thought that the "address" was a representation of a public key, and that the private key your wallet holds is a private key to that public key(address).

That transaction had previously been sent to an address that corresponds to a key you have, but the spend isn't from the address, it is from other transactions.
Explaining it this way seems likely to cause some confusion since the transactions that you can spend are transactions to addresses for which you hold the private key.  This means that you can't spend a transaction unless it is to an address represented in your wallet, and as such, you are spending the "contents" of an address.  This would seem to indicate that the spend is from addresses.

Saying that there are no addresses is a slight exaggeration.  But a useful one.  Smile and think of the kid from the Matrix telling Neo that there is no spoon, while he is holding a spoon.

Lots of people get stuck in their thinking because they expect the address to be a proper entity that tracks the balance sent to and from it.

Your balance is the sum of the values of the transactions that you can spend, that is, transactions that you have the key to, and that haven't already been spent.  When you make a new spend, the client grabs one or more of them, completes them using private keys from your wallet, and creates one or more new outputs.

And yes, the private key is just a random number, the public key is just derived from multiplication (funny multiplication) from that private key, and the address is the hash of the (hash of the) public key.

If you want to really get into it, transaction outputs are actually scripts.  Addresses are used to create the (incomplete) scripts, and then redeeming them later involves adding the missing parts to complete it.  To complete the script, you sign the partial transaction with your private key and provide the public key that corresponds to it.  That way, anyone can verify that the script was signed by the holder of the private key that corresponds to the public key in the completion, and they can also hash the public key to get the address that it was sent to, to verify that the keypair used to sign it is the keypair that it was intended to go to.  Oh, except that there are other script types, and BIP16 P2SH lets you make complicated scripts that are presented at completion instead of at creation, and...

Really, dree12's chart explains it all very well.
1986  Other / CPU/GPU Bitcoin mining hardware / Re: So THIS happened (burnt mobo pins), what should I do? on: August 28, 2012, 02:31:25 AM
If the soldering is high melting point you use a non powered soldering iron heated in a tortch flame to red hot, a mere touch is all it takes and the whole board doesn't become a heat sink and get damaged.

Uh, I'm not exactly a pro, but I've done a lot of soldering work, and this seems very, very wrong to me.  Have you ever tried this technique?  On electronics?

If I were trying to remove an ATX power connector, I'd soak the area with a temperature controlled SMD rework gun at a very low setting, flux the shit out of one pin at a time, then use a decent quality suction iron on it.  Pause and resoak between pins to allow the heat to balance out.  If you are very good with wick, you could try that, but make sure you pre-heat and re-flux the wick too.

Removing a structure like that from a modern 4 or 6 layer board is not trivial, particularly when it was made in an industrial process using ROHS-compliant solder.
1987  Other / Beginners & Help / Re: FPGA MINING? on: August 28, 2012, 02:18:51 AM
Mining will change. Trust me. The asics will become useless. GPU mining is the way to do it. If those things will make 300$ proffit a month they wil change the code. Bitcoin's will loose their value if the asics take it over. They won't let this happen. Remember what is said!

Huh?
1988  Other / Beginners & Help / Re: Bitcoin on: August 28, 2012, 02:17:03 AM
There are no addresses.  Only transactions.

When you spend, you are spending a transaction that you hold the key to.  That transaction had previously been sent to an address that corresponds to a key you have, but the spend isn't from the address, it is from other transactions.
1989  Bitcoin / Development & Technical Discussion / Re: Need an option to change port number on: August 28, 2012, 12:01:31 AM
There are two ports.  Are you trying to change the RPC port, or the P2P port?

In your bitcoin.conf, make sure you have these two lines (but with your intended ports):

Code:
port=8333
rpcport=8332

Also, double check the spelling of rpcport if that is the one you are trying to change.
1990  Economy / Securities / Re: Looking to buy options contracts (100btc per contract) on: August 27, 2012, 11:48:21 PM
For 50 BTC, I'll teach you how to use GPG and trade on MPEX.
1991  Other / Beginners & Help / Re: BFL Mini Rig SC on: August 27, 2012, 08:22:43 PM
Happy to help.  I think that bitcoin has huge potential, and I suspect that a mini-rig SC might be a good investment.  But the risk is HUGE.  These forums are full of people doing calculations based on difficulty numbers that are WAY too low, exchange rates that are WAY too high, or both.

There are too many factors that are totally unknown here.  Unless someone knows a lot more than what these forums know collectively, bitcoin is a gamble, not an investment.  A fun gamble, an important gamble, a gamble that could change the world.  But still a gamble.  And you never gamble what you can't afford to lose.
1992  Other / Beginners & Help / Re: BFL Mini Rig SC on: August 27, 2012, 07:57:23 PM
On paper the ROI seems great even if the network goes to 250TH/s. But I may be missing something since I'm new to all this. I only wish I personally knew someone already doing well with their BitCoin mining operation.

I thought maybe I could do well with my 30K investment in the BitCoin economy but it sounds too good to be true. Sitting on my hands is probably the way to go.

I live near where BFL operates out of. Maybe I should go knock on their door as ask for a tour. Do you think they will they let me in?

Go take the tour, check it out.  Let us know how it goes.

But do NOT spend your life savings on a mining rig.  Drop a couple of grand on a couple of of single SCs if you must dabble.  Absolutely do NOT drop 30 grand on bitcoin unless you can afford to kiss that money goodbye (and you can't).
1993  Other / Beginners & Help / Re: BFL Mini Rig SC on: August 27, 2012, 07:33:40 PM
I'm weary about sending 30K to a company who can just sit on it for months with no guarantee I'll see an ASIC mini rig anytime soon. Scares me. Does BFL have a refund policy? What are the chances I never see my money again? 30K is almost all the savings I have.

For the love of god, do not do it.
1994  Economy / Speculation / Re: The 'all or nothing' fallacy on: August 27, 2012, 06:44:02 PM
I think that in one of his speeches, Gavin put it something like this:  Years from now, 1 bitcoin will be worth either a lot, or nothing at all.  It is very unlikely to be around the same price it is now.

I fully support that view.  It doesn't mean that bitcoin must be "all".  It doesn't mean that it has to be everywhere and do everything.  But it'll either take off and be pretty big, or it'll vanish into the mists of history.
1995  Bitcoin / Bitcoin Discussion / Re: Writing your private key in gold leaf on: August 27, 2012, 04:18:44 PM
I really like the gold leaf in wood idea... to present value.

however I don't think you need to limit yourself to just one.  Why not make two and keep one at home in your safe and another in a safe deposit box?  The chances that both the bank and your house burn at the same time is insane.

If you are uber-paranoid then you can encrypt it.  Or even have the engraving be the encryption key and store the data in the cloud (http://aws.amazon.com/glacier/) that your next of kin could then get if need me.

Ideally though you could use MofN txs for this.  Give one to your lawyer and your family.  As long as your wife doesn't run away with your lawyer you are ok !

Even better, there are optical M-of-N schemes too.  You can actually design a stack with holes that reveal the code only when you combine enough of them physically.
1996  Bitcoin / Bitcoin Technical Support / Re: Uh, support for combining balances? on: August 27, 2012, 03:32:51 PM
You have two choices.  Option 1, you ignore it and let the client merge transactions as needed.  Option 2, you use the raw transaction API (in the future) to manually create transactions that merge many small inputs.

Maybe someday, far into the future, the default client will support sweeping small old transactions automatically.  I wouldn't hold my breath.

By the way, I get a lot of small transactions from p2pool mining.  I'm writing a script to grab old transactions and merge them back into my wallet in even lumps.  For no particularly good reason.
1997  Bitcoin / Bitcoin Technical Support / Re: Block chain verification by re-downloading on: August 27, 2012, 03:02:06 PM
why not just copy the blockchain from the other computer on your network that already has it?
For sake of verification.

Meh.  Didn't the first computer verify it already?
1998  Bitcoin / Bitcoin Discussion / Re: maybe pirate is just a front for banks/governments/people who would destroy btc? on: August 27, 2012, 01:41:42 PM
kjj,

You are assuming one lead developer then, but what if all of of them are targeted (not that many anyway).

I'm not assuming anything.  I'm telling you that the exact thing you are talking about happens every single day.  Not the coersion, but the forking of software projects and the changes in development teams.

Ok, then lets have a new currency every single fork and see how that pans out, because that is in effect what a fork would mean in this case. In reality I think people would stick to the established Bitcoin, despite changes to core functionality eventually leading to central control and new rules.

Ugh.  No one will accept changes of that sort in the first place.  We know better.  And by "we", I mean the bulk of current bitcoin users, and absolutely 100% of the people running virtually all of the important associated services (pools, exchanges, explorers, gambling sites, etc)

I thought you meant like UI changes and stuff, because making the UI annoying is literally the only thing they could really do.  If someone leaned on the devs to make them change the protocol for the worst, that fork would die on the vine and the old version would continue.
1999  Other / Beginners & Help / Re: Butterfly labs are legit. on: August 27, 2012, 01:30:16 PM
I ordered the Single SC myself and can't wait to get it. Even if the difficulty were to rise 10x, the money would still return in around two months. That's a great ROI if you ask me.

Redo your calculations at about 30x.  BFL is offering 3 sizes.  The smallest is 23 times more hashes/sec per dollar than what is commonly available with GPUs, the medium one is 30x, and the big one is 33x.  I'm projecting difficulty around 70 million.
2000  Other / Beginners & Help / Re: HDD crash - wallet recovery on: August 27, 2012, 01:21:43 PM
whatever you do.. do not write to the darn thing. pull it out and stop using it until you are ready to add it as a second HD to another
PC.

100 btc is a lot of money.

i recover hd data all the time and rarely do i fail. but sometimes it can be impossible for me or so time consuming that i only go the extra
mile for family or work.

+1 to this advice  Wink

Then copy your wallet.dat file to a flash drive & put in a fire/water proof safe.I have 4 FD's put up with all my wallets on them in different locations (safes).

One is bound to survive a hurricane,breakin,or fire  Wink

Good luck bro  Cool

I would make sure that those safes are in really different places, meaning different buildings, and hopefully different watersheds.

Most fire safes are designed for paper.  There are some that are "media rated", but that means "magnetic media", meaning they'll keep the items inside below the Curie point of most magnetic storage (tapes and hard drives).  I certainly haven't ever seen any that are "Flash Memory"-rated, and I'm not sure if such a thing even exists.

Personally, I generated a bunch of keys offline, encrypted them, burned them to M*Disc DVDs and printed the addresses (on paper) so that I could send to them.  I think that if my home, my bank, and my office (40 miles away) all burn down, I'll have more pressing problems to deal with.
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