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Nice.
Bookmarked; tip sent.
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OMG, I want it! Where do I send my bitt-muneez? *changes mtgox pw* |
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That's right, I just found I got accepted to speak at DEFCON 19 about bitcoin.
I'm open for input, giving a 20 minute talk.
All the blackhats already know the basics, and that cypherpunk just became cool again. You want to wow them with the immediate and future implications of private, secure, e-cash. We're right in the middle of one, which is the acute need to upgrade web security. Bitcoin's anonymous and non-reversible nature have led to cross-site forged request attacks, wallet.dat stealing trojans, and a number of more traditional scams. The entire interweb ecosystem is being upgraded or rewritten to deal with our new post-bitcoin (virtual) reality. Isn't it funny how bitcoin exploded, right as the first quantum computer shipped and the world's fiat currencies are collapsing? What a coincidence. Reminds me of how closely spaced the discoveries of the atomic bomb and LSD were. |
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Is anyone having a problem logging in now? What I mean is, I can log in, then see the trade screen and my balance is shown in the upper right, but when I go to another page, such as account settings, it says I'm not logged in, and asks for me to log in again.
Yep, same here. I demand that strong feelings be expressed, and highly recommend a general panic. Mass hysteria is our only option! |
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When i will register a new .bit domain will i receive a manage panel (such as to manage redirect or somthing) ?
That's a feature I'd love to see! I'd expect some bells & whistles down the road to justify the 1btc hosting fee. That's like $18/year, which gets you a lot at namecheap or 1and1. Of course that's not a fair comparison at the present time, but that's the benchmark for domain registration services. Another good way to develop the namecoin space is to have a SEDO.com like market for .bit domains. How high of a bounty would need to be put up to make this happen? |
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US West is going at half the rate of the other three.
That's not good, right?
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"BitDNS" is a mouthful and doesn't mean anything to non-techies.
"Namecoin" is more human, and connotes the relationship to Bitcoin.
"Dot-bit" is the future of bitdns/namecoin because it captures the best elements of both, and suggests its function as the domain extension for bitcoin sites.
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That was seriously funny. Nice work bitbot.
Yes it was. *has new favorite troll*  |
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Where does all the money go? Maintenance and costs and stuff? also have you reserved all the good ones? Donation for the project are here : https://dot-bit.org/Dot-BIT_Project:Site_supportI've received the first one today : 1.23BTC. Thanks to the anonymous person  They will be used for various things, not all decided yet, but with one aim : reward people invested in this project. http://register.dot-bit.org is my own website, which provide additional services : no need to exchange NMC/BTC, no configuration and even no namecoind needed, which requires some of my time :p. So, the payments are for me. 10BTC for now, with 5 today ! ps : i've reserved less than 10 domains, i'm not a domain reseller, but a direct domain seller :p You're welcome. I wish to encourage the rapid growth and deployment of Namecoin in every way possible. Because Bitcoin:Paypal::Namecoin:Godaddy. We need both, or neither has a future. It's lame that nobody else has donated yet. Come on people, pony up and help us get Namecoin and dot-bit off the ground ASAP. Especially all you early adopter bitcoin billionaires. Spread the wealth, yo! |
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To Crs
You need build miniupnp first.
Read file "build-unix.txt" in namecoin source dir
for namecoin build requirements.
I give up, too many errors for me. Maybe someone will post a complete install guide... root@nmcpc:/usr/local/miniupnpd-1.5.20110528# make -f Makefile.linux install cc -Wall -Os -D_GNU_SOURCE -fno-strict-aliasing -Wstrict-prototypes -c -o netfilter/iptcrdr.o netfilter/iptcrdr.c netfilter/iptcrdr.c:17:22: fatal error: iptables.h: No such file or directory compilation terminated. make: *** [netfilter/iptcrdr.o] Error 1 root@nmcpc:/usr/local/miniupnpd-1.5.20110528# Take a walk and have some coffee. Namecoin is worth the effort. I'll help by offering 1 BTC to the first person to write a complete Namecoin installation guide. |
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We should also be asking ourselves when the price will bottom out again so we can buy.
You can see resistance to price movement on mtgoxlive.com. See that wall of downside resistance at $20? See that green line bouncing sharply off the $20 line? That was the local bottom. The nearly instant recovery from $20 is a very bullish sign! I've got buy orders at $18.50. That's the price floor we need to protect to avoid a crash to below $15. If you want to help maintain the value of bitcoins and prevent chart damage, put some of your mtgox profits back into bitcoins at the price levels where resistance is highest. Look for the orange cliffs and stand guard over those walls.
Sell the rips, and buy the dips. Raise loads of cash and FOR THE LOVE OF MERKLE HELP ME HOLD THE LINE. |
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This is were I argue that a threat is a possibility by definition. But let's not delve into semantics. Nice catch. Just wanted to state that I agree with you before posting this:  |
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Here's a valuable tip for avoiding service outages: use guiminer to put each miner in three pools. Use the -f flag on to prioritize them.
Then you have a primary, backup, and failsafe. It costs you a some megahash, but that is cheap insurance against total loss of miner uptime and physical damage from temp. flux.
My miners are much more stable after adopting this configuration:
-f1 btcguild.com (three servers on dns round-robin)
-f121 simplecoin.us (two servers, maybe RR?)
-f242 bitclockers.com (three servers, maybe RR?)
They keep my queue topped up, so my busy chips stay nice and toasty.
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There are crackdowns coming on mtgox and maybe even bitcoin.org.
We need to move the entire bitcoin infrastructure to namecoin address space.
Mining pools, e-wallets, forums, mtgox, all of it must STOP using the US military-controlled DNS system.
If we do not support the rapid development and deployment of NAMECOIN, the bitcoin experiment will fail.
TOR is not enough.
A wise man on this BBS once said, "Bitcoin is to Paypal as Namecoin is to Godaddy."
dot-bit.org
Or bitcoin will be dead before Christmas.
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I can vouch for simplecoin.us.
They have a very fast server, almost no stales.
Plus the sysop really cares about his pool. He worked for hours on his birthday, just to make sure we all got paid for the first solve.
Everyone was so eager and excited, it was like a party. Good times for sure.
I was so impressed, I sent him a birthday bitcoin!
Trust me, simplecoin is going places.
I use it as a backup for all my miners, in case The Guild slows/goes down.
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lolwut 5 min block
The best kind of block When The Guild controls over 50% of bitspace, we can sneak ourselves all the 5 minute blocks we want. /evil plot |
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I'm bad at math (and I joined a bitponzi scheme to prove it) but the idea is that the larger the pool, the less variance will occur because it solves more blocks in a given length of time. BTCguild was unlucky last night, not to mention that it was the middle of some growing pains. Give it another shot or three and you'll have a more valid comparison. So mathmatically speaking, do you make less by joining smaller pools?
A smaller pool will (be likely to) pay out less frequently over a given length of time, but total payouts from both will converge over longer time periods. Over time, that extra 3% you're paying deepshit will add up. |
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Well... you never know when you are going to find a block though. So you can't know when to rejoin. It's just good to be there right before it is found.
That works, unless you can use the current difficulty to estimate when the least profitable middle-third of the current round will occur, and then skip out on it. Disclaimer: I am terrible at probability and combinatorics. It's all magic quantum woo to me. |
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Nothing against Tycho, but many Deepshit power users may be better served by other pools.
I've been getting almost ZERO stales on Bitclockers (0.0025%) and Simplecoin (0.0068%). So why pay 3% for invalid insurance?
I can see the instant-gratification appeal for the less powerful, even though that 3% hurts them worst of all.
But why not move to BTCguild and still get your regular crack fix, while saving .5% - 3% in fees?
OTOH, it's best we deal with the 51% Deepshit conundrum sooner than later.
It's great to see Tycho offer a bounty for a solution to the dominant malignant pool problem.
What the hell, let's all wallow in Deepshit and force the issue!
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So if i understand correctly, a simple situation would be this:
If Person 2 joined the pool at when the weighting was 5.
And the number means how many shares have been submitted at that weighting (would decrease within a given time period).
Person 1 Person 2 Share Weighting (Decreases with time until block is solved)
1 10
1 9
1 8
1 6
1 3 5
1 3 4
1 3 3
1 3 2
1 3 1
Person 1 submitted 10 shares. Has a total weighting of 55.
Person 2 submitted 15 shares. Has a total weighting of 45.
This means that Person 1 minimises their losses (or even equals or gets more than) Person 2 as he started mining earlier in the pool, and so the weighting starts canceling out the fact that Person 2 has a higher share of the reward.
No, that's what the scoring is meant to prevent. Share # Person a (Pool Hopper) Person b (loyal member) Share weight 1 1mh 1mh 1 100 1mh 1mh 1.1 10000 1mh 1mh 2 100000 0mh 1mh 4 1000000 0mh 1mh 10 Please note these numbers are purely made up, but they might help get the point across. Since you never know when a block will end and pool hopping exploits the start of a new block, it causes anyone trying to cheat to not get a disproportionate reward on short rounds. The share weights are not 1-1, and reset with each block, creating a constant sliding scale. Your rewards should be the same or better than a proportional share if you are not trying to exploit pool hopping. Doesn't this just change the incentive for pool hoppers from exploiting the first half of the round, to exploiting the second one? *joins for first 1/3 of round, hops pools, re-joins for last 1/3 of current difficulty*  |
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