Clearly Canada is creating an electronic currency called MintChip. It is not PoS but they will make it so in their next version. You don't really expect states to use Bitcoin (or colored coins) anytime soon?
It's not about whether or not governments will experiment with Piece of Shit e-currencies. I'd ask what you mean by, "Bitcoin will be the reserve currency based on the basket of world cryptocurrencies" but I already know the answer since we've talked about that before: you believe governments have the magical ability to dictate exchange rates just because. |
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its touch and then back why you not cutting this 1000$ in the list
Check page 1. The dates next to each milestone are the most recent date on which the Mt Gox weighted price for the day has never fallen below the milestone. |
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We crossed another milestone last week 04-Dec-2012 is now over 1 year old. Updated |
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Every state will have their own centralized PoS coin and Bitcoin will be the reserve currency based on the basket of world cryptocurrencies. You will hopefully be able to trade them openly. Free states of course will allow Bitcoin to be traded directly.
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When I saw who posted this thread, I was expecting to see different pictures.
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The forum just isn't the same without him. Mind you, I'm not saying that's a bad thing... |
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What about the other pictures? You know which ones I'm talking about. |
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If FinCEN loses they say "hmm well now we know" and there is absolute no consequence. Even the cost of the trial was simply paid for by taxpayers (including Mike indirectly). If Mike loses they judicial system could take everything he owns, include his freedom for the next thirty years. Not really worth it.
Imagine we played a game of poker and if you win I have to say "I was wrong" in public, if I win you get executed. Now you are 80% sure you can beat me in poker, everyone says you have a very sold game. Would you play? How about if you were 99.9% sure?
Everybody thought I was exaggerating. "It's no problem - we'll talk to the regulators and do what it takes to become compliant like a good citizens and everything will be fine," they said. Future Bitcoin services need to be run as if they are illegal enterprises, like Silk Road, even if what they are doing is apparently legal. Why: - Laws change.
- Regulations are vague and open-ended, and it's probably impossible to operate a business without accidentally violating one.
- Even if you do manage to operate without violating any rule law enforcement agencies do not always limit themselves to the letter of the law when deciding to begin an enforcement action.
- Governments are not the only threats to a successful business. Non-governmental organized crime is almost equally capable of extortion.
The solution is to run all services in the darknet, not tied to any physical location or legal jurisdiction, and without any explicit connection to a real-life identity. |
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Only a fool, or a day trader, keeps anything of value on a centralized website like a bitcoin exchange. Redundant |
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Does anyone has the idea of how to really solve this problem?
Step 1: Learn how to use the Search function. Step 2: Maybe check the wiki. |
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s nobody here seems to be too eager to actually work on things that would bring Bitcoin forward (blockchain analysis for example) In this context, "bring bitcoin forward" sounds like a euphemism for activities of questionable ethics, like building software tools that would help repressive regimes crack down on dissidents. As far as I can tell, the willingness of tech people to turn a blind eye to the ways in which their work is used is subsiding a bit. On the other hand, blockchain analysis tools are the only way to objectively measure, and thus a prerequisite for improving, privacy techniques such as CoinJoin. |
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Is anybody working on this? What happens if a miner is missing one of the hashed TXs? All nodes need to verify all blocks, not just miners. If a message comes through with an unknown transaction hash, the node receive it would need to ask it's peers if anyone else has seen it. I guess if a block is signed by an entity that has found a couple of correct blocks in the past it would be safe for a pool to start building on the block message and postpone verification a little... That would never happen. Nobody is going to build on a block which they can not verify as valid. Any miner stupid enough to try that would open themselves up to a loss of revenue by being tricked to building on an invalid fork. Nodes that routinely pass along invalid blocks would be blacklisted by their peers. Hopefully this does not foster centralization too much.
It does the opposite. |
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see you guys at 300? $/mBTC? |
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While departing Las Vegas after the conference, I saw this slot machine in the airport and thought of this thread:  |
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Their default bitcoin transactions send change to new addresses, as does their CoinJoin. When did that happen? That's a major change that deserves a large announcement. Are they using BIP32 to derive the new addresses? |
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I'm confused why this thread isn't in the Altcoin section.
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New block messages that only list transaction hashes instead of the full transactions themselves = problem solved (pretty much).
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Just wondering how long it takes generally to find a buyer - there seem to be sellers lining up all the time, is it generally a case that you can find someone fairly swiftly if you need to cash out a small amount? It depends on your reputation and feedback levels. I don't have any trouble selling any quantity I want, but that's only because I've been build my reputation there since February. |
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