Bitcoin needs to be able to handle 5000 transactions per second, eventually.
Why? Because: VisaNet Peak Message Rate: 8,442 transaction messages per second sustained average over a one hour period |
|
|
|
It's not clear to me from that translation if they are advicing on using bitcoin or not.
Actually, they are talking about Bitcoin approving, or disallow countries, like saying " Iran has been denied to use Bitcoin". As if anyone needs to be approved to use Bitcoin, noone ever allowed me to use it, not that i had to ask anyone.  They didn't quite understand how Bitcoin works, or what it is. It's actually SourceForge, they're an American site and respect export restrictions on military-strength encryption. When you set up a new project you have to declare whether it uses export-restricted technologies, if it does then they block access to America's enemies. Iranian IP addresses can't download Bitcoin from Sourceforge. |
|
|
|
|
If I had bet against him I would be furious, as I'm a man of my word and would have paid up if I'd lost.
What a piece of shit.
|
|
|
|
I suppose what I was trying to get at is there is nothing like years of experience and training when trying to keep the shit in the bowl.
There's also nothing like years of experience when it comes to not actually doing anything because you understand how hard a problem is. Youthful ignorance on the other hand has a tendency to get things done by biting off more than it can chew and then just chewing that shit down anyway. It's easy for old farts like you and I to sit back and criticise, but we haven't actually written an exchange. Maybe we lack the balls or the enthusiasm, maybe we're just too wise, we certainly didn't lose big. We didn't risk it all to win big, or create that awesome thing, and we didn't learn anything along the way either. |
|
|
|
|
Only the current parameters of the statistical regression need to be a secret, if people try to game the system they just change the parameters. They're very effective, I bet they can work out the risk factor of people who have no/missing data by comparing them with those who do. It's scary stuff!
|
|
|
|
It's simple: those who want to, can follow their rules and those who don't want to, need not follow their rules. Besides there are enough tools available to hide your "illegal" use of Bitcoin that I think no one will ever follow any rules other than the agreed upon Bitcoin rules they have to follow if they want to use it. I said assume it catches on and replaces PayPal or Visa. At this point governments will regulate it, and they *may* do this by adjusting the rules of the network. For example they may publish a blacklist of known money laundering accounts and say that a valid block must not contain transactions from accounts in that blacklist, or maybe they'll go for a whitelist approach and force people to register their addresses for tax reasons, maybe they'll put some central override in for returning stolen coins. Whatever those rule changes it will create a regional fork the block-chain, legitimate merchants in the affected region won't be able to accept vanilla BTC and this will fuck with the economy. |
|
|
|
Assuming it works and people actually run the fork, then it would be incredibly easy to exchange Statecoins for Bitcoins online. The exchange is our biggest weak point, so as long as a decentralized irreversible system exists, we benefit.
Yeah and as holders of Bitcoin today, we'd own shares in each of the block chains that came after the fork. Hopefully they will be worth more than the originals in the long run. |
|
|
|
|
Let's assume that Bitcoin catches on in the future and is used for all kinds of online payments by a huge number of legitimate businesses. What happens when a large political power, like the USA or EU, decides to regulate Bitcoin within their borders by regulating the rules used by clients?
Merchants and traders would have to adhere to the new rules, which I'm guessing would make Bitcoin fall out of favour or fork the block chain dividing the currency into regional networks. At this point we'd have lots of local currencies depending on regulations enforced by local government.
Anyone care to speculate on what would happen in this case, or why it won't/can't happen?
|
|
|
|
I have actually done a fair bit of programming in C++, and that's why I think it's dangerous. I'm not saying it's too dangerous to use, I'm just saying it's a poor choice for some applications. Higher level languages are a lot more forgiving when it comes to simple mistakes. For the record my favourite language is Python and I wouldn't advise using that for such a high transaction website either. |
|
|
|
|
I lost at least 0.2BTC back in December 2010
38517.15284232
+ 0.2
38517.35284232
|
|
|
|
So can we agree that "crap can be written in any language" and stop with the language bashing? Basic probability says that the more lines of code there are, the greater the chance of it having a bug. As you add lines the chance of software having a bug approaches 100% and this applies to all code. Not badly written code, not code without unit tests, not code written by beginners. All code. For shipped code without unit tests and a dedicated QA team it's about 20 lines, for the best team it's about 100, for the best practices in the industry it's about 300. Does your codebase contain more than 300 lines? I don't care how good you are, even if you're Donald Knuth your code contains bugs. Some languages are more powerful than others and the bugs are more dangerous. C++ is a powerful language where bugs have a high chance of being loose cannons. In modern C++ one rarely uses plain pointers excepting the case of using them for the purpose of adding extra "optional" function arguments. If you don't know about them please read up on "smart pointers". No need to patronise me. Smart pointers prevent dangling pointers, which is only one class of security problem with direct memory access. If you aren't using C++ in a way that is potentially dangerous then C++ isn't the right tool for the job. |
|
|
|
The forum numbers will grow dramatically when Diablo 3 is actually released. There is not much market for D2 stuff now, and most of the other games they have listed don't have as large market potential. Look for the numbers to double by June, then skyrocket from there. My guess is 200,000 by the end of the year.
Not if they don't reduce the number of forums it won't. Also, has anyone even got any mBTC listed in their profiles? I can't see any. |
|
|
|
Seems a lot of people on the forum know very little about *modern* C++.
I have not had a buffer overflow (or even a memory leak) in my code for years.
Right now there's a critical vulnerability in the Bitcoin client, which just goes to show how easy it is to make an exploitable mistake in C++. Also from a philosophical stance, if you knew your code had a buffer overflow then you would have fixed it. Malicious developers aside, security vulnerabilities are always unknowns. All code has bugs and some bugs are critical. You can only reduce your areas of risk, and in a language like C++ every pointer is a potential risk. |
|
|
|
95mb vs skype at 125mb.
I dont see a problem. I leave mine now running all the time.
I run bitcoind on a server, when bitcoind starts up it sits at around 60MB, this is with less than 10 peer connections and no RPC connections. Compared with transmission-daemon, which I have seeding over 10GB of files and with over 50 connections, it uses 20MB. The biggest problem though is that bitcoind leaks memory so it has to be restarted every so often (that's if the kernel's oomkiller doesn't murder it first). Is there a bug and test case for this? I might have a look at it, sounds like something I could tackle. |
|
|
|
|
I'd need 1.4KG for 5 bottles of mead, which unless I'm working it out wrong would cost me over $35 a bottle. That's an order of magnitude too expensive for me.
|
|
|
|
How about another statistic to make you feel safe? You are more likely to get stabbed in the UK than shot in the US. Guns aren't the problem; people are. Murder rate per capita is still 3x higher in the US |
|
|
|
I'm no physicist but this does interest me. I'd take it to Reddit's AskScience as there appear to be a lot of practising physicists there, both experimental and theoretical. |
|
|
|
Too many subforums, therefore likely to die a stale death. Whoever is running this needs some forum admin 101 lessons.
no, the subforums at ogrr reflects those at d2jsp. that's a smart decision, IMO. They probably grew organically in response to demand on that other site. I'm an old man who's been on the Internet long enough to see many, many communities fail for lots of reasons. The most common is too many subforums. Unless you're a high volume site that isn't just a forum, don't split your user-base until you have more than one page of threads per day. 200 conference rooms isn't a good way to hold a conference if you only have 23 people attending. Seriously. |
|
|
|
|
Depends how the laws of your jurisdiction are defined and interpreted in case law. Here in the UK it's less about profit and more about the proceeds of crime. Some IP violations are a criminal offence, getting BTC would be the proceeds of crime.
|
|
|
|
|
Show Posts
