ASIC speed grows in bursts. Eventually one of the bursts will allow to rewrite the whole blockchain from the genesis within a day. I wouldn't say that PoW is that secure as you think.
That would be a 51% attack. pos is much more secure than pow. you can't attack pos without notice or real world feedback but you can on pow. on pow an evil entity could easily aggregate +50% silent, in the dark, without any chance to prevent this. even without any new fancy, more powerfull asic design, this attack could occur anytime and compared to a pos with a similar macap it would also be cheap, very cheap. to follow your crude 'pico-probabillity-attack-vectors' on pos, here is a crude pow one for you. just imagine that for whatever reason, the power-lines to the three chinese mining-warehouses randomly gets broken. i guess in this case the attack would be much cheaper, perhaps close to free compared to pos and as said, just out of the dark without any chance or sign to prevent it. this is impossible with pos. however, whatever possible attack vector you are constructing, it boils down to this. if you try to find a solution to fix users, having the goal to destroy their own stuff serving them (your gen key example) you will fail, no matter how fancy your math is. there is no solution for lunatic or planed selfdestroying behaviour simple because even if it would, it has no value because the target and reason for this solution dissapears. the reason Bumbacoin switched to PoS was to protect against PoW random hashes. any shitcoin that is not worth people pointing mega-peta-hashes at the chain is at risk of multi-pools or even random arse's with a bunch of miners in their spare room. BCX? used to make a thing about attacking shit coins, that capability is with in the hands of many more people now. even with apparently fancy difficulty re-targeting algorithms , the chain will still get shat on when mega-hash gets pointed at it. |
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Q. You teach a course on ethics and heroism at Virginia Tech. How exactly does one teach heroism to college students? A. We teach aspirational ethics. What I teach my students is, You’re born heroic. I go into these animal studies, and heroism is actually in our nature. What you have to do is make sure that the system doesn’t change you, that our educational system doesn’t teach you to be willfully blind and to forget your aspirations, because that’s the default position. We talk about the realities of heroism too. It’s not fun. These are gut-wrenching things. But the main thing is, Do not let our educational institutions make you into something that you will be ashamed of. http://chronicle.com/article/The-Water-Next-Time-Professor/235136/If something is broken you don't need to roll over and deal with as best you can. The status quo is hard to overcome, but that does not mean to suffer in silence |
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What I meant that you didn't understand is that property is unique to the human species. Man is the first species that has had the capacity to understand the concept of property, therefore is the first species on Earth capable of owning property. The Earth is therefore man's for the taking. Wealth is not assigned by position of birth in non-caste systems. In America, you have the ability to move up. More can be done to lessen the obstacles, but trying to create equality through the use of force is immoral. When socialism can achieve its ends without the use of force, it will be a morally acceptable system, but of course, it cannot by its very nature.
If you are born rich you are born rich, caste is irrelevant. In any capitalist society your caste is determined by birth, but not totally so, your life choices are overwhelmingly limited by your birth caste. If you are born poor and for some reason you are not the victim of poor dietary habits, exposed to hideous psychological traumas, educated in a lacklustre way maybe you might grow up to be rich. (children are victims, they cannot control their environment). Morally acceptable force is everywhere. Police is a socially acceptable community based force. Community based force is not inherently moral/immoral. Ownership does not rely on inequality, if everyone has a toothbrush there is no issue. But when ownership = inequality it becomes immoral. To use community force to correct an immoral reality is not immoral. your idea of force is poorly presented. It is a highly ambiguous concept that is portrayed in a one dimensional way to suggest it is immoral. We use force when we chew our food. We use force to protect our communities. We use force to protect our personal being. Force has no necessary moral/immoral position. |
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this whole discussion has so many fallacies that it's pointless.
people have been so poisoned by america's view of "socialism" that it has become a gigantic false dichotomy.
ownership of property has been declared as theft therefore capitalism is theft.
taxes and re-distribution has been declared as theft therefore socialism is theft.
you're all wrong.
if you want a serious conversation,
you need to consider how a community could exist without either.
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Here, I fixed that for you. There is no true reason that wealth should be held by those who hold it except that they earned it or were peacefully given it by someone who earned it, and in a free and equal society, no one else gets to impose their will on you or what you are allowed to own.
There is no true reason that private property should be owned by personal individuals except that private property is an inherent human right originating from mankind's dominion over the Earth.
There are obvious examples that show those born into poverty have far more hindrances to achieving their "true potential" than those born into wealth, which doesn't justify forcibly taking from people out of a misplaced sense of morality.
There is no true example of a socialist country, nor a capitalist country. They have all been corrupted, which is irrelevant to the question of the morality of the theft necessary to enforce socialism.
Corruption is real. Anyone who thinks that either pure socialism or pure capitalism can work by themselves is deluded.
All governments require the threat and use of force to maintain their status quo.
All people are born.
All people die.
It's much better now. private property stretches from toothbrushes to the entire earth. obviously they offer different scopes to dominion. one fiinds it hard to consider that a human overlord owning vast tracts of wealth is meant by "an inherent human right", whilst many others are relegated to a dependent reality relying on the overlords good will to share their wealth. instead a shared community based ownership seems more in line where all mankind can share in this apparent right. there is no reason why wealth should be assigned by position of birth, or even by position of current wealth. if a situtation is unjust/unfair/broken that is a good reason to fix it. your morality is misplaced if you think it's fine for some people to indulge in wealth while others starve because of the status quo. just because. theft is not as obvious as you claim. my inherent human right has been stolen from me by those who monopolise wealth/property. |
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the basic truth is that many people claim either socialism or capitalism as the only obvious reality
they ignore that many decisions are made that have no relevance to either.
how do you judge/admonish a rapist under a capitalist system? rape is not a crime of capital but rather an ethical issue that must reside within a seperate realm
amusingly i'm finding it hard to come up with an example under socialism, the example governments so far have muddied the socialist waters with extreme shades of facism that make it hard to imagine a true socialist culture.
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Capitalism equally seems good on paper, but in reality there are many problems associated with it.
As with any form of bigotry (such as racism, sexism, homophobia), there are advantages to being in the priveleged class that give those an unequal boost at life.
There are many that work longer and harder and receive barely enough to sustain themselves. Look at the use of foodstamps in the USA. How is that anyone working full time should need to rely on govt subsidies to survive?
The Magna Carta, created in 1215, was an important step in creating freedom for the serfs of England. The basic truth in equality of birth has not changed.
The very idea of personal freedom is threatened by both capitalism AND socialism as we know it. There is no freedom when some people are "more equal than others".
Why do you have to tie racism sexism and homophobia with a system? It has nothing to do with it, that just how humans are. Gay people were stoned to death 5000 year ago, far before capitalism existed. Women were heavily discriminated, and definitely colored people too. This shit goes on for tens of thousands of years, while capitalism is only about 200-300 years old. This is human behaviour, nothing more. And it will be the same in socialism too. So what you want to send homophobes to gulags? Will that be better solution? to one persperctive there's no difference between one opinion based belief system and another. sexism and capitalism have more in common than you obviously realise. but there is obviously a lot of difference too  if someone uses sexism to control another person versus capitalism to control another person ?? |
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Socialism and communism seem good on paper, but in reality there are many problems associated with it. You HAVE to take from some source, and it just feels like you're incentivizing people to work less. The rich can get taxed, sure, but everybody wants to be rich, right? Greed will reign supreme in all cases, and for those who actually achieve that upper-class level, they'll be PUNISHED for the hard work.
Capitalism equally seems good on paper, but in reality there are many problems associated with it. As with any form of bigotry (such as racism, sexism, homophobia), there are advantages to being in the priveleged class that give those an unequal boost at life. There are many that work longer and harder and receive barely enough to sustain themselves. Look at the use of foodstamps in the USA. How is that anyone working full time should need to rely on govt subsidies to survive? The Magna Carta, created in 1215, was an important step in creating freedom for the serfs of England. The basic truth in equality of birth has not changed. The very idea of personal freedom is threatened by both capitalism AND socialism as we know it. There is no freedom when some people are "more equal than others". |
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There is no true reason that wealth should be held by those who hold it.
There is no true reason that private property should be owned by personal individuals.
There are obvious examples that show those born into poverty have far more hindrances to achieving their "true potential" than those born into wealth.
There is no true example of a socialist country, nor a capitalist country. They have all been corrupted.
Corruption is real. Anyone who thinks that either pure socialism or pure capitalism can work by themselves is deluded.
All governments require the threat and use of force to maintain their status quo.
All people are born.
All people die.
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Klassje, please don't be so touchy, I am sure GREEDYJOHN did not mean anything bad  As to me I appreciate your comments and input, as they are always sensible (hope I use the right word...). Its always useful to have knowledgeable and smart community members. We had one more - bumbacoin - I somewhat miss him here now. BTW, on another topic: GREEDYJOHN is a legendary now!!! Just noticed! Congratulations! I'm still around, been busy, Everything is under control apparently So their isn't much for me to contribute it's just all waiting around now and pretending to look busy  Looking forward to getting some coins off Yobit so i can masternode it (definite oversight on my part, but who was expecting a 25k masternode update lol) |
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I've been fiddling with a different sort of auction site that lets you win crypto coins for below market value. To get some simple usage the site is giving away 50 BUMBA to everyone who registers and creates a bumba deposit address. Simple process : 1) Register a new user at https://www.TouchMyCoin.com2) In the Accounts / Deposit click 'Get BUMBA address' 3) You now have 50 BUMBA. You can then try to win some other coins at below market value. It's simple to use It's a new service so if you find any bugs there's a contact email listed on the site because it's an auction style site, if you win, you will win more coins. DOGE MAX LTC BUMBA are all currently on the menu also come to #bumbacoin for stuff http://webchat.freenode.net?channels=bumbacoinyou might find some help also read this for How it Works https://touchmycoin.com/toptwo/HowThisWorks.phphttp://webchat.freenode.net?channels=bumbacoinstill in relaxed testing mode, signup, get some free Bumba, win some auctions .. |
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 give away one of our fine bumbacoin hand made felt icon patches (tm). made by the bowscoin team
to enter our fine competition for these fine felty things, these are about 10cm across and hand crafted from felt.
first : create a bumbaclot themed meme, and post here in thread.
second : wait we'll choose a winner and get in touch, you will need to supply a postal address for receipt of such goodies  .. we had four of these patches, there is one left if you want one you just need to participate.international shipping is included |
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wallet no sync . why ? 10 active connections  looks like a big space between blocks, you updated now? Height: 108997 Time: 1456156300 (2016-02-22 15:51:40) Height: 108998 Time: 1456228395 (2016-02-23 11:53:15) |
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has anyone got a spare 4k i have some frozen at yobit, and could try out the masternodes ... but do not have enough available to start a masternode without those 4k  .. |
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I've been fiddling with a different sort of auction site that lets you win crypto coins for below market value. To get some simple usage the site is giving away 50 BUMBA to everyone who registers and creates a bumba deposit address. Simple process : 1) Register a new user at https://www.TouchMyCoin.com2) In the Accounts / Deposit click 'Get BUMBA address' 3) You now have 50 BUMBA. You can then try to win some other coins at below market value. It's simple to use It's a new service so if you find any bugs there's a contact email listed on the site see https://www.touchmycoin.com/toptwo/HowThisWorks.php for description on how to play IRC = http://webchat.freenode.net?channels=bumbacoin |
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^ still doing wallets recently including the new droidz, also Hire, |
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I've been fiddling with a different sort of auction site that lets you win crypto coins for below market value. To get some simple usage the site is giving away 50 BUMBA to everyone who registers and creates a bumba deposit address. Simple process : 1) Register a new user at https://www.TouchMyCoin.com2) In the Accounts / Deposit click 'Get BUMBA address' 3) You now have 50 BUMBA. You can then try to win some other coins at below market value. It's simple to use It's a new service so if you find any bugs there's a contact email listed on the site because it's an auction style site, if you win, you will win more coins. DOGE MAX LTC BUMBA are all currently on the menu also come to #bumbacoin for stuff http://webchat.freenode.net?channels=bumbacoinyou might find some help also read this for How it Works https://touchmycoin.com/toptwo/HowThisWorks.phphttp://webchat.freenode.net?channels=bumbacoin |
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auctions are over. now we'll give away one of our fine bumbacoin hand made felt icon patches (tm). made by the bowscoin team
to enter our fine competition for these fine felty things, these are about 10cm across and hand crafted from felt.
first : create a bumbaclot themed meme, and post here in thread.
second : wait we'll choose a winner and get in touch, you will need to supply a postal address for receipt of such goodies -- example of the sort of work expected.  |
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Hm, thanks, it is strange. Because of some problems i removed the data folder and started to synchronize from block 1 on. But i still get the sign "no connections" :/
you should get auto connected with hard coded nodes. there shouldn't be any need for a conf. maybe your time clock is skewiff? |
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it's a bit of a shock when you have to deal with the remaining swap funds.
they do represent the obvious fact that someone out there has not swapped - who's responsibility is it that they haven't?
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