If I was satoshiDICE, I would institute a miner lottery. A daily random transaction fee of some sizable amount of coins in order to provide additional incentive to process my transactions. I'm sure the miners will be more than happy to grow the block chain in order to vie for that lottery.
I'm so glad I found Bitcoin, to give me the freedom to use my money as I see fit. It saddens me to see people who think they know what Bitcoin is "meant to be". Just another group of control freaks I need to watch out for.
If I were SD, I'd act as a force for the common good instead of paying lipservice to the "community" while exploiting the same. They could craft an out-of-band solution for what they're doing, but they won't. They know, but they just can't seem to get around to it. All that supposedly beneficial "stress testing"? We have a non-production blockchain they can stress all they want. But they wont - because that doesn't bring in what they really care about -- profit.
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Appreciate having the option since reason seems not to be working with the SD people.
The one thing that really galls me is the "but we're testing the network" - yeah guys, but you should be testing on the TEST blockchain. But then, there would be no profit - so we can see exactly what their agenda is, just like the rest of the "outside world" -- all profit and no ethics.
Oh, and the shut-down during the hard-fork? They didn't want to get any doublespends. That tends to hurt the profit margin.
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I'm glad they're back. I used them before and they had excellent service.
Dwolla can burn in hell for what they did to TradeHill.
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A fun infographic for new and old users of bitcoin alike: "The blockchain is a shared resource... Won't you help to prevent abuse?"https://docs.google.com/file/d/0BzdbolIn7zf1dEhJNmZYX0VpVTQ/edit?usp=sharing ~1.04 MB - 1024 x 2048 Larger sizes available upon request, share with whoever you like. (The preview on Google Drive makes it look pixelated, but I assure you the original is razor-sharp vector graphics.)
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Actually that's quite brilliant.
You could have an entire 'leaker' infrastructure that uses bitcoin - and they can sign messages with their key to prove that it was from 'them', whoever they are, without having to reveal their identity. You could have a complete social-like ranking based on the facts you disclose that you can tie to a particular whistleblower.
Stand aside Wikileaks, you could run your own site within tor or just throw stuff up on pastebin via several proxies/and tor.
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Have you possibly considered hosting a torrent of the blockchain? I know that it has been done, but having someone to be a dedicated seeder would probably help a great deal.
What do you think?
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Satoshi is a time-traveler who came from a dystopian future where centrally-managed currencies have caused economic havok and chaos. Strapping himself in his machine, he pushed a button and popped up on the outskirts of a major city. Making his way to the nearest hackspace, he began his coding odyssey.
When the whitepaper was complete, along with the code for the first client running along on his personal network, he sent the results out into the greater internet for it to germinate into the vibrant movement that it is today.
Looking down at his monitor, he only had a few seconds to consider what he had accomplished, before his upstream timeline was wiped out by the tsunami of change that bitcoin will be.
A well worn coin dropped to the floor from thin air, rolling to rest in the cracks of the dingy linoleum. The world had been saved, but would never know the man that started it all.
The inscription - "Strength in Numbers"...
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He looked a little nervous, maybe distracted by the Bloomberg babe sitting across from him - but he did a good job.
"Chainblock" was pretty amusing though.
The best was the bloomberg girl saying "Hear that Bernanke, no QE!" - SCORE.
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I'm going to need a new keyboard after all these bitcoin articles on ZH.
Oh well, time to get some dinner and maybe jump into the fray later.
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Its an elaborate delay-of-service attack, which you pay for in the time it takes to sync the bitcoin client for the first time, or when you need to get up to date after not running it for a while.
It is also responsible for 48% (and rising) of the total blockchain size right now. So when you play, you're actually harming yourself and other future bitcoin users.
Oh, and the creator(s) are totally aware of this, but think you dealing with it is a good thing.
Enjoy.
You forgot to mention that SatoshiDice also pays more in transaction/mining fees than everyone else on the network, combined. So it's paying for its usage. Kinda silly to call it an elaborate delay-of-service attack when it's playing by the rules of the protocol. In fact, SD pays a fee for every single transaction it makes, can you say the same about yourself? Why are your transactions, which sometimes do not include a fee, fine and dandy? Yet SD transactions, which pay 100% of the time, are an elaborate delay-of-service attack? Care to comment on the "unspendable outputs" at all? I'd love for you to have an in-depth conversation with gmaxwell in #bitcoin on chat.freenode.net about it. He knows a lot more about blockchain mechanics than you do, being one of the core developers. It just boggles my mind that you'd use the "playing by the rules" defense instead of taking a deeper look at what you're doing to the bitcoin ecosystem. I'm sure there are corporations out there that are licensed to dump their toxic byproducts into the environment under "regulations" and such, it still doesn't make it right.
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I hope someone asks him how he feels about his service pushing normal node users (not miners) to an eventual blockchain fork. That would be enlightening.
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No USA allowed. You can thank the US Financial Tyrants for that. Just one more reason to use bitcoin...
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Getting a "500 Internal Server Error"
Happens from time to time, refresh usually cures it for me. If not, comboy is on the case pretty fast.
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Remember, gambling is evil.
Remember, inflating the blockchain is evil. (fixed)
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Another idiot gold/silver bug. Just one problem: he called it a ponzi scheme in 2011 - then there was the crash. Unfortunately now its trading above the 2011 highs.. ponzi schemes don't recover after a crash. Thats the definition of one- run out of suckers the system collapses to zero as it has no value beyond the scam. Therefore he's clearly wrong as proven by the facts. Next! Precisely. Also ponzi schemes usually don't involve handing out the very thing that you want the person to 'buy in' on. Its more like the definition of an anti-ponzi. "Here, have a small token to understand the system!", "Thanks!"
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This is major, but I have to admit I'm a little worried.
While the government already knows about bitcoin from other publicity, CNN just puts it right out front and in their face. I hope they don't decide to enact anything stupid on that basis.
I guess we'll see, just flagging a concern.
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This is important. Venture Capitalists are the most cagey investors on the planet. If they've decided to look into bitcoin, then that means we're truly going to see a whole other level of interest.
This also paves the way for their clients to see performance and want to compete in the same space as well. Every VC loves to brag when they've hit a good return.
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Now I know I'm getting zero sleep tonight battling trolls... I'll read it when I've eaten dinner Reading the 6 pages of comments, one thing is clear: you are tremendously tolerant and patient . I believe in bitcoin, and I think it deserves that kind of representation. Thanks
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"Free Your Money"
"Money Made Amazing"
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Oops, I mis-spoke -- it got upvoted to "3, Interesting"!
I'm nerd-famous, woo...
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