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1342
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Bitcoin / Bitcoin Discussion / Re: Feb 26th email from MtGox Claims.
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on: March 02, 2016, 08:10:25 AM
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Most of the creditors accepted being refunded on Bitcoin, so 1 GoxBTC = 1 BTC (IF they're refunded). Kraken said recently they're on good track to help get Bitcoins back to people. I wonder where are these supposed funds coming from...
Has anyone out there got any coins? Highly doubt it... Gotta see it to believe it.
Didn't they recover around 200k btc from their wallets? Not even close to all the coins that were lost, but probably enough to do a partial refund to most people. Maybe they also made some money from selling the assets, etc. They have put so much time and effort in this, that they will for sure get parts of their coins back, you need to doubt that. The only question is how much longer will it take. Yes, they supposedly did. I don't know if those funds will be used for refunding. Don't be so certain until payouts start being visible (and they will be visible if they happen). |
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1343
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Bitcoin / Bitcoin Technical Support / Re: RPi Zero BTC Node?
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on: March 01, 2016, 11:05:19 PM
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why run a node in a Raspberry board  for hobby or a practice motivation? just to understand.... I just want to run a node on a Raspberry Pi since it is the cheapest to go with experimenting and practicing about BTC nodes. This would be more like a hobby than a real thing since the RPi is not very powerful for this task.  If you tried to use a flash drive to store the data on the raspberry pi to allow the bitcoin node to function faster. So long as you did a backup every week you could try to enable write-only on the drive to stop it from being likely corrupted. Or just leave it and format it when i does become corrupted. Write only? Then you wouldn't be able to run a node... Or do pretty much anything...
If you tried to use a flash drive to store the data on the raspberry pi to allow the bitcoin node to function faster. So long as you did a backup every week you could try to enable write-only on the drive to stop it from being likely corrupted. Or just leave it and format it when i does become corrupted.
Thanks for the advice. A flash drive might come in handy for the RPi BTC node. I am thinking of setting up a swap partition from within the drive for better performance of the node.  P.S. Just saw that there will be a much more powerful SBC to be released soon. Its name will be the Raspberry Pi 3. It will have a 64-bit CPU. Pi 3 is already released and going out fast (but not enough to be already out of stock, so you can get it fairly easily). 64 bit will certainly be an advantage for things related to cryptography... But we'll see if it will be a major improvement for Bitcoin. I doubt that a bit. An improvement to run a node would be more RAM, and that's not possible with the current SoC on the Pi. |
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1344
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Bitcoin / Press / Re: [2016-03-01] Transaction Fees Increase as Bitcoin Blocks Get Full
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on: March 01, 2016, 03:56:47 PM
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The site's down for me, but can someone tell me their source for transaction fees increasing? My node shows the required transaction fee has decreased slightly since the spam attack started, though not significantly. As far as I can tell, fee-paying transactions are not being affected by the attack at all. EDIT: Of course, the site comes back up shortly after I post. This creates a very awkward situation in the Bitcoin world, as the 0.001 BTC fee – worth US$0.43 at the time of writing – is no longer sufficient to get guaranteed confirmations from the next few blocks on the Bitcoin network. ... As a result, only high priority fees will get transactions confirmed these days, a cost currently sitting at 0.0044 BTC or US$1.90. I've no idea where JP Buntix is pulling these figures from, though I suspect an excretory orifice. I'm seeing BTC0.00025 (US$0.11) will get an average (570 byte) transaction confirmed in the next block or two. Why does this nonsense pass for news? That source is definitely, somehow, biased... My node is showing 0.00048065 BTC for confirmation within the next block. Panic spreading routine? |
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1349
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Bitcoin / Armory / Re: Fee calculation in Armory
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on: March 01, 2016, 10:12:31 AM
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Armory already asks for fees to be raised if it deems to be necessary, I've had that happen once. So that means the current algorithm of fee calculation isn't the best one?
Can't Armory interact with bitcoind in order to calculate fees? Through the estimatefee and estimatepriority commands?
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1352
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Bitcoin / Bitcoin Discussion / Re: Feb 26th email from MtGox Claims.
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on: March 01, 2016, 09:54:50 AM
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Most of the creditors accepted being refunded on Bitcoin, so 1 GoxBTC = 1 BTC (IF they're refunded). Kraken said recently they're on good track to help get Bitcoins back to people. I wonder where are these supposed funds coming from...
Has anyone out there got any coins? Highly doubt it... Gotta see it to believe it.
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1354
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Bitcoin / Bitcoin Technical Support / Re: RPi Zero BTC Node?
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on: February 28, 2016, 08:21:55 PM
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I want to know if the Raspberry Pi Zero is really capable of becoming a full BTC Node before I start getting one for myself. Has anyone tried this? I would like to know your experiences about this. Considering it has lower specs than other RPis such as the RPi 2, it makes me wonder whenever the Zero one could have the requirements of running a full BTC node and remain powered on 24/7. I don't think even only ONE RPI on its own can handle this. If you set up 8 or more RPi2s in a cluster then tey should work well as a node with a nNAS/external hard drive connected to one of the PIs or switches in order for it to function better. I have not used the RPi Zero but, I know from experience that these can be overclocked which would increase teir speed as a node (bu at a cost). You would also need a fan for powering he pi for long periods of time. The biggest issue is RAM. No fan needed. As it runs of flash technology, as long as you try to keep the drve as free as ossible, it shouldn't slow it down by too much. I would suggest Kingston Class 10 drives. I fyou get a 128gb on eof them they are usually ony around £36/drive and good quality. Once the drive reaches the end of its usual cycle, you could try reusing it as well as it mainly has to hold volatile memory if you move the root system to a hard drive. I agree, Kingston drives are what I've always used on my Pi's, they're rock solid. I hear the Samsung ones are also amazing on the Pi's (some say they're considerably faster), but I haven't had the chance to test them. But Samsung's SD's are usually more expensive, so it's questionable to spend the extra coins to put a Samsung on a Pi that's going to hammer it 24/7. Maybe for a setup that isn't always on it's a better choice. Moving root to a hard drive is also a good option. But this is going a bit off the topic I guess  Maybe time for a Pi thread on the offtopic section? |
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1356
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Bitcoin / Bitcoin Technical Support / Re: RPi Zero BTC Node?
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on: February 28, 2016, 06:30:14 PM
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If you always wanted to run a Bitcoin node but did not want to spend $40 plus shipping on a Raspberry Pi, fear not because an even cheaper alternative is here. Running a Bitcoin node just got cheaper with the $5 Raspberry Pi Zero. That's Really nice.
You're forgetting that it's those 5$ + shipping + PSU + 128GB SD or an external disk + micro-usb to usb + something to get your network on, either through cable or wifi and then you'd be really short on RAM to at least sync. With the current availability of the Pi Zero and it's highly speculative prices, even if it had more powerful hardware the price difference would make you just choose a Pi 2 or a Pi 3 that's coming out soon. I want to know if the Raspberry Pi Zero is really capable of becoming a full BTC Node before I start getting one for myself. Has anyone tried this? I would like to know your experiences about this. Considering it has lower specs than other RPis such as the RPi 2, it makes me wonder whenever the Zero one could have the requirements of running a full BTC node and remain powered on 24/7. I don't think even only ONE RPI on its own can handle this. If you set up 8 or more RPi2s in a cluster then tey should work well as a node with a nNAS/external hard drive connected to one of the PIs or switches in order for it to function better. I have not used the RPi Zero but, I know from experience that these can be overclocked which would increase teir speed as a node (bu at a cost). You would also need a fan for powering he pi for long periods of time. The biggest issue is RAM. No fan needed. |
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1358
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Bitcoin / Bitcoin Discussion / Re: How police think about Bitcoin enthusiasts ?
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on: February 28, 2016, 04:43:07 PM
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What does a crime have to do with trading Bitcoin?
You can trade Bitcoin as be a normal citizen. You can also trade Bitcoin and commit a crime completely unrelated to Bitcoin.
It's not about "not standing" Bitcoin traders, if someone does something against the law, the law enforcement cannot be that judgy, they can't take a stand regarding the person's activities and have to judge them accordingly to what they did.
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1359
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Bitcoin / Bitcoin Technical Support / Re: RPi Zero BTC Node?
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on: February 28, 2016, 04:37:53 PM
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Your not helping network running a full node on a raspberry pi.
Why? If you have a full node that is slow in relaying blocks and transactions, you are using up valuable connections to other nodes that could have been used by somebody else. Those nodes that are connected to your slow node will probably receive blocks/transactions from other nodes first. If we're going to shutdown all underperforming or "slow" machines acting as a node we'll probably end up with half the nodes we already have, if not less. And if we only run high end machines as nodes we're definitely going to have a bad time. There will always be slower machines and faster machines. Unless there's an army of Pentium 3's being deployed and/or Bitcoin clients start connecting to only one node we'll be fine with slower machines. Raspberry Pi 2 handles a node quite well for it's size, price and electric consumption. And after all, I can have a powerful machine and a poor connection too... |
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1360
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Bitcoin / Bitcoin Discussion / Re: DDoS'er admits to being paid to attack classic nodes...
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on: February 28, 2016, 03:01:59 PM
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More of the same. Non-Core clients will suffer from this all the time just like XT nodes suffered. I've had Core and XT nodes recently and I was lucky enough not to get hit, tho... I was reading the thread on reddit. Someone said "we have to put food on our table one way or another". That's correct, but I think this is an extremely questionable way to do it. I also read the DDoS'er comment about p2p networks and IP crawling on the Bitcoin network... He seems to be quite knowledgeable. Why doesn't he apply this knowledge in favor of our community is beyond me. I'd be working for improving Bitcoin if I understood it at a deep level... Interesting thread, I'll be sure to give it a read... |
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