bitcoin has never concluded a 12 month period at a lower price. You must be new here. Check out the price behaviour from 2011-06-08 until 2013-03-01
|
|
|
so what, every country commits endless crimes, starting from the atomic bombings of Hiroshima and Nagasaki going all the way back to the crusades, israel isn't special. you wanna complain that its unfair that countries commit crimes? too bad, life isn't fair. I'd call this statement infantile, but that would be an insult to infants. You're literally justifying the behaviour of a nation-state with excuses so flimsy that we don't even let toddlers use them. "Why did you do that?" "All the other kids were doing it too!" "That doesn't matter." No wonder everything's so fucked up in the world - people grow up into adults and all of a sudden start holding themselves less accountable for their behavior than they were when they were five years old.
|
|
|
Yes takes 2 days to get your coins. Designed for large deposits rehypothecation obviously. Keep small amounts in your regular wallets.
FTFY
|
|
|
They break down outputs into standardized sizes. The ring set is then other pubkeys which have the unspent outputs of the same size. For example if you were receiving 123 coins instead of a 123 coin output it could be a 64, 32, 16, 8, 2 and 1 coin output. Then the 64 coin output is identical to any other unspent 64 coin output (of which there probably are thousands).
I like this idea. How is related to ring signatures?
|
|
|
There's a relevant effect here akin to Amdahl's law.
Privacy attacks can draw upon quite a few sources of information leakage in a transaction, and the scripts themselves aren't even the largest source (attackers can do quite a lot by simply looking at input and output sizes, without even bothering to look at the scripts).
Fancy new script types might be able to reduce the information leaked by the scripts, but that only improves your privacy by the fraction of the total information leakage the scripts represent.
Presumably ring signatures allow for some new type of transaction structure that leaks less identity information. That's what I was originally asking about, because I haven't seen that explained very well.
|
|
|
We should just require as a protocol rule that miners include all transactions that have been broadcast since the last block into the on they mine. Simple.
FLP impossiwhat?
|
|
|
He's resigning to throw himself fully at BTC. A strange reason to panic.
It would not be the strangest reaction the market has ever had to incoming news.
|
|
|
Is it abuse to tell kids that they have great value regardless of what others say? Teaching children about Hell is common assault, because it causes a credible fear of injury. Children don't have the capability to distinguish between imaginary threats and credible ones, especially when the threats come from their primary caretakers. Using threats of Hell to obtain obedience is extortion. Teaching children about Heaven in order to obtain obedience from them is fraud. Most Christians also hit their children, which is battery or aggravated assault, depending on the circumstances.
|
|
|
BitchicksHusband might even chime in but he is speaking at a Christian youth camp this week. We live in a world where people can openly brag about child abuse with no expectation of being called out on it.
|
|
|
12 mill ether @ 2000 eth/btc = a *lot* of weed money for the guys at the Ethereum house.
|
|
|
The BRS ring-signature also produces a key image which is a deterministic function of the signer's private key, can only be computed with knoweldge of the private key, and is provably linked to the ring signature so you know that the image you received is the image of one of the keys on the ring, though you don't know which. You then prevent that key image from ever being reused. Of course that's perfectly clear. How have we managed to get by as long as we have without the ability to create deterministic key images that can be provably linked to a ring signature?
|
|
|
I am especially excited about the prospects of OpenTransactions Chaumian True Digital Cash that is backed by bitcoin. If my understanding is correct this could solve both the anonymity problem and the potential future bitcoin transaction fee problem. If any of you have any more info on this I would love to hear it. Once voting pools are completed, it will be possible to safely deposit Bitcoins with OT transaction servers and have a reasonable assurance that you're actually going to get your deposits back. The transaction servers will issue signed promissory notes for the deposits which can be used just like any other OT instrument. The first thing this means it that it will be possible to have exchanges that can't steal your Bitcoins any more. Also, as you mentioned, you get to use all OT features including Chaumian blinding and smart contracts with Bitcoins.
|
|
|
I've never seen a good explanation of how ring signatures are actually useful, unless the goal is to be able to reuse pubkeys.
Huh!? ring signatures do nothing to enable pubkey reuse, and in fact— in the bytecoin ringsignature (BRS) approach all pubkey reuse must be _absolutely_ precluded. BRS signing effectively allows users form something similar to a CoinJoin but without the other inputs owners participating. I guess the missing piece for me is how they actually are implemented. The original RSA example where a whileblower signs an email proving they are part of an organization without revealing which individual they are does not sound, at first glance, to be something useful for bitcoin. If you start with unspent outputs for which you do not initially know the public key that will spend them, why does it matter if that pubkey is revealed at spend time if it will never be reused?
|
|
|
I've never seen a good explanation of how ring signatures are actually useful, unless the goal is to be able to reuse pubkeys.
|
|
|
There are projects under development other than ethereum and I believe one or two will emerge as a digital asset management system. I expect Open-Transactions to be the system most likely to emerge as a financial instrument platform, for the simple reason that Fellow Traveller is refusing to fall into the appcoin tarpit. All these systems that are based around an appcoin will fail, but OT will stick around because it just tries to a useful software platform instead of also trying to be its own currency (P&D scheme).
|
|
|
|